Full List Of Stories
FTSE 100 movers: Admiral boosted by upgrade; Frasers under the cosh
London’s FTSE 100 was flat at 8,333. 55 in afternoon trade on Thursday.
Deutsche Bank upgrades Admiral, Aviva to 'buy'
Admiral shot higher on Thursday as Deutsche Bank upgraded the stock to ‘buy’ from ‘hold’ and lifted the price target to 3,020p from 3,000p saying it was becoming more positive on the wider UK motor insurance space, particularly for those that are larger players such as Admiral, and those that are more disciplined.
London midday: Stocks tick up; UK construction data in focus
London stocks were still just a smidgen higher by midday on Thursday as investors mulled the latest reading on the UK construction sector and political developments in France, with Frasers Group under the cosh after cutting its profit outlook.
Jefferies upgrades Diageo to 'buy'
Jefferies upgraded Diageo to ‘buy’ from ‘hold’ on Thursday and lifted the price target to 2,800p from 2,300p.
JPMorgan upgrades Bellway and Crest Nicholson, downgrades Taylor Wimpey
JPMorgan Cazenove upgraded Bellway and Crest Nicholson on Thursday but downgraded Taylor Wimpey as it took a look at UK housebuilders.
Card Factory enters US market with $25m acquisition of Garven
Greeting card and gift retailer Card Factory said on Thursday that it had entered the US market after acquiring Garven for $25m (£19. 6m).
Watches of Switzerland H1 revenues jump on US demand, profit falls
Watches of Switzerland reported a jump in first-half revenue on Thursday amid solid US demand, but a drop in profit.
London open: FTSE nudges up but Frasers tumbles as it cuts profit outlook
London stocks nudged higher in early trade on Thursday as investors mulled political developments in France, with Frasers Group under the cosh after it cut its profit outlook.
Tullow Oil CEO Rahul Dhir to step down in 2025
Tullow Oil said on Thursday that Rahul Dhir will step down as chief executive officer and resign from the board next year "to pursue other business, academic and family interests".
Wood Group secures three engineering, project delivery agreements with BP
Wood Group said on Thursday that it has secured three "major" agreements with BP to provide engineering and project delivery services for their capital projects worldwide.
London pre-open: Stocks seen down; French politics in focus
London stocks were set for more losses at the open on Thursday as investors mulled political developments in France.
Thursday newspaper round-up: Airbus, Boohoo, Home Reit
Ministers are considering renationalising British Steel in a last-ditch attempt to save thousands of jobs, amid a standoff between the government and the company’s Chinese owners over a £1bn investment. Jonathan Reynolds, the business secretary, is locked in talks with British Steel and its owner, Jingye, to agree how much each party should put into a rescue plan for its main Scunthorpe site. – Guardian.