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Broker tips: Burberry, Glencore, Zoopla
RBC Capital Markets cut Burberry’s rating to ‘underperform’ from ‘sector perform’ on Thursday, saying it expects the retailer's full year earnings in 2017-18 to be below the sector average.
US open: Stocks drop as oil declines and dollar takes a hit
US stocks fell in early trade as oil prices slipped back and the dollar tumbled against the yen, although there was some better-than-expected news on the jobs front.
Mirada warns on revenue as it begins Mexico launch
Digital television software developer Mirada issued a warning on revenue on Thursday, as it began a soft commercial launch of its Iris multiscreen solution to its Tier-1 operator in Mexico, Televisa.
FTSE 250 movers: Kaz and Vesuvius lead midcaps lower
By mid-afternoon on Thursday, the FTSE 250 was down 0. 41%, amplifying the falls of its blue chip brother as weakening oil and copper prices undermined earlier index gains.
Buy inflation break-evens in Chile and Mexico, BofA-Merrill says
There was money to be made by investors on inflation breakevens in Latin America and in Eastern Europe, Middle East and Africa, Bank of America-Merrill Lynch believed.
Asos closes lossmaking China operations, boosting analyst forecasts
Asos has pulled its local China operation, a decision that is likely to cost the online fashion retailer roughly £10m, but will continue to supply customers in the People's Republic from its UK base.
Alliance Pharma 2015 profit up on Sinclair Healthcare acquisition
Alliance Pharma posted a rise in 2015 pre-tax profit as revenue grew following its acquisition of the Sinclair Healthcare Products division.
Positive progress for Frontera Resources at South Kakheti
Independent oil and gas explorer and producer Frontera Resources updated the market on positive progress at its South Kakheti Gas Complex on Thursday, situated within its upstream portfolio in Georgia.
Ubisense shares plummet as losses widen
Real-time location intelligence firm Ubisense saw its shares fall fast on Thursday, after it posted wide losses for the 2015 calendar year.
Strong run in emerging market currencies set to continue, UniCredit says
The recent better tone in emerging market currencies had further to run, UniCredit told clients, thanks to the 'green shoots' visible in China.
FTSE 100 movers: M&S climbs on update; Glencore slips on downgrade
London’s FTSE 100 index was down 0. 1% to 6,154. 99 at 1410 BST, although retailer M&S bucked the trend.
Rawicz-15 well test complete, says San Leon Energy
Oil and gas exploration firm San Leon Energy was one step closer to production at a Polish site on Thursday, announcing the completion of well testing at the Rawicz-15 well.
US jobless claims fall more than expected
The number of Americans filing for unemployment benefits fell a little more than expected last week, according to the Labor Department.
Belgravium Technologies bombs to new low after writedowns
Final results from Belgravium Technologies disappointed investors as the mobile data computing group crashed into the red after a year of consolidation and transformation.
Panama Papers: UK regulator reportedly gives banks deadline on reviews
The UK’s Financial Conduct Authority said banks and other financial firms have until next week to carry out urgent reviews of whether they are linked to the law firm at the centre of the Panama Papers data leak, the Financial Times reported.
Europe faces questions about where it's going, ECB's Draghi says
The European Central Bank is willing to do whatever is needed to bring inflation back towards its 2% target, according to three top officials on Thursday.
UK's Cameron unrepentant over £9m spend on pro-EU leaflets
Supporters of the UK campaign to leave the European Union were furious on Thursday at government plans to spend £9m on leaflets promoting the benefits of remaining.
Lloyds speaks to advisers about potential insurance M&A, reports say
Lloyds Banking Group is planning to expand its insurance brand Scottish Widows via several acquisitions, according to reports.
ECB will do whatever it takes to meet inflation target, Constancio says
Rate-setters in Frankfurt flagged to markets their willingness to keep adding to stimulus if that was necessary to meets its target for price stability.