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US close: Mixed session as traders digest PPI numbers
Wall Street stocks turned a mostly positive performance on Thursday following the release of yet another key inflation report.
US open: Stocks mixed following cooler-than-expected PPI reading
Wall Street trading got off to a mixed start on Thursday following the release of yet another key inflation report.
Broker tips: Kingfisher, Darktrace, Marks & Spencer
HSBC upgraded B&Q and Castorama owner Kingfisher to 'buy' from 'hold' and lifted its price target on the stock to 305. 0p from 235. 0p.
Director dealings: Personal Group CFO makes share sale
Personal Group revealed on Thursday that chief financial officer Sarah Mace had disposed of 3,410 ordinary shares in the AIM-listed workforce benefits and services provider.
US pre-open: Futures lower as traders await PPI reading
Wall Street futures were in the red ahead of the bell on Thursday as market participants prepared for the release of yet another key inflation report.
Berenberg hikes target price on Darktrace following Q3 results
Analysts at Berenberg raised their target price on software and services firm Darktrace from 600. 0p to 630. 0p on Thursday after the group's third-quarter results earlier this morning demonstrated a continuation of "strong momentum" seen in Q2.
Fortress Investment to acquire Poundstretcher
Discount retailer Poundstretcher will be acquired by Fortress Investment Group for an undisclosed sum.
Mears FY profits up more than a third
Housing services business Mears Group stated both revenue and profits improved in 2023 and said it expects to deliver another "strong" in FY24.
Revolution Bars proposes restructuring, eyes £12.5m equity raise
Bar and gastro pub operator Revolution Bars has proposed a restructuring of the group, which would involve the shuttering of several sites, rent reductions, and an equity raise of up to £12. 5m featuring new and existing investors.
US close: Stocks lower following hotter-than-expected CPI reading
Wall Street stocks closed sharply lower on Wednesday as market participants digested a hotter-than-expected March consumer price index.