Latest News
Steppe Cement struggles with muted Kazakh cement market
Steppe Cement struggled with a depressed Kazakh cement market in the first quarter of 2016, with both sales volumes and income down.
Numis reiterates 'reduce' rating for PZ Cussons after trading update
Shares in PZ Cussons were in the red on Thursday as Numis reiterated its ‘reduce’ rating after the company warned of difficult conditions in its main market of Nigeria.
Renold lifts guidance as industrial volatility eases off
Industrial chains and transmissions maker Renold said its full year results will be not quite as bad as indicated in a profit warning in February.
Thursday broker round-up
Metro Bank: Goldman Sachs reiterates neutral with a target price of 2080p.
Market overview: Atlanta Fed president won't vote for rate hike in April
1405: The president of the Federal Reserve bank of Atlanta says he will not advocate an interest rate hike in April.
US initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly fell last week, according to the Labor Department.
US CPI inflation retreats unexpectedly in March
Inflation pressures in the US at the consumer level decreased in March, as food and utility gas prices declined, missing economists' forecasts by a wide margin.
Promising results from Botswana for Metal Tiger, MOD
Natural resources investor Metal Tiger reported some promising copper and silver data from Botswana on Thursday, having received further assay results from the drilling programme at target three (T3) in the Kalahari Copper Belt.
Results round-up
FTSE 100 consumer goods company Unilever reported growth in underlying sales and volume on Thursday, though its top line declined in its first quarter update.
Broker tips: PZ Cussons, Tesco, Johnson Matthey
Shares in PZ Cussons were in the red on Thursday as Numis reiterated its ‘reduce’ rating after the company warned of difficult conditions in its main market of Nigeria.
Wells Fargo beats first quarter estimates
Wells Fargo reported better-than-expected quarterly results despite the downturn in the oil patch.
Carnival confirms 17% increase in quarterly dividend
Carnival has declared a 17% increase in its quarterly dividend to $0. 35 per share after its recent strong results.
MPC votes 9-0 to keep policy unchanged, cautions on Brexit impact
Rate-setters at the Bank of England kept their main policy settings unchanged by a unanimous vote, but the minutes of their meeting revealed that they had grown more concerned about the impact which a vote to leave the European Union might have.
Bank of America slides as first quarter revenue misses views
Shares in Bank of America slid in pre-market trade as its first-quarter revenue fell short of analysts’ expectations.
IMImobile launches Facebook Messenger contact centre support
Businesses could soon have their customer service representatives chatting with consumers on Facebook Messenger, with IMImobile launching support for the platform on its IMIconnect cloud communications and IMIchat contact centre software products.
London midday: Stocks flat as BoE keeps interest rates unchanged
London stocks were flat as the Bank of England voted unanimously to keep interest rates unchanged.
Europe midday: Stocks flat as investors digest Burberry, Unilever results
European stocks wavered in a tight range on Thursday as oil prices slipped and investors sifted through some disappointing corporate news.
Asa enters South African slaughtering business
Asa Resource Group continued its expansion into agriculture on Thursday, completing the acquisition of 62% of the KEPL Slaughterhouse business in South Africa for a total cash consideration of ZAR 6. 2m (£0. 29m).
US pre-open: Stocks seen flat as investors look to key bank earnings
US futures pointed to a broadly flat open on Wall Street following a strong performance in the previous session, as investors looked to earnings from heavyweights such as Bank of America and Wells Fargo.
Stock Spirits shoots higher after strong first quarter
Under pressure from a major shareholder to shake up its performance, Stock Spirits has served up a strong measure of its first-quarter trading.