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Serco surges as 2015 loss narrows significantly
Shares in outsourcer Serco rocketed on Thursday after it reported a significantly narrower pre-tax loss for 2015.
AstraZeneca buoyed by Oprhan recommendations for Acerta cancer drug
AstraZeneca has been buoyed by news that its acalabrutinib cancer treatment has been recommended for orphan drug status by the European Medicines Agency (EMA) for three forms of lymphoma.
London open: Stocks rebound as investors sift through corporate earnings
London stocks rebounded on Thursday, led by banking shares after Lloyds Banking Group reported its full year results.
Europe open: Stocks bounce back amid earnings avalanche
European stocks rose in early trade, bouncing back from heavy losses in the previous session following a late rebound on Wall Street as investors sifted through a deluge of earnings.
Income up, statutory earnings down at Lloyds Banking Group
Robustness was a key theme in the annual financials for Lloyds Banking Group on Thursday, with the company reporting rises in income and underlying earnings for the 2015 calendar year, though statutory profit fell.
Restructure sees RSA profits soar in 2015
RSA Insurance Group's restructure and turnaround paid off in 2015, with the firm reporting significant increases in income and earnings for the calendar year in its preliminary results on Thursday.
Strong group-wide performance boosts Mondi's revenue
Mondi’s full year group revenue has risen 7%, driven by strong performances across all parts of the business.
RELX full year profit rises, to buy back more shares
Business information and analytics company RELX posted a rise in 2015 revenue and operating profit as it announced a total of £700m in share buybacks for this year.
Capita full year profit slides on business exits
Outsourcer Capita posted a drop in full year profit but said it was targeting organic revenue growth of at least 4% this year.
Currency headwinds burn BAT's revenue
Currency headwinds have eroded British American Tobacco’s full year revenue for 2015.
London pre-open: Stocks seen higher on late US rebound
Stocks in London are expected to open higher on Thursday following a late rebound in US trading, as investors look to a raft of data releases.
Thursday newspaper round-up: LSE/Deutsche Boerse, cyber fraud, BT, IMF
The European trading giant planned by Deutsche Börse and the London Stock Exchange Group will be based in London but headed by the German group’s chief executive, according to people close to the two sides. They are set to proceed with plans to make London the domicile for the new holding company, despite the looming June 23 referendum on British membership of the EU, in a boost to the City’s role as Europe’s dominant financial centre. – Financial Times.
BT to loosen hold of Openreach, Lloyds profit fall
London open Traders are forecasting the FTSE 100 will rise roughly 60 points on Thursday morning, reversing the prior day's falls.