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US GDP growth slows to two-year low
US economic growth slowed surprisingly in the first quarter of the year, falling to an annual rate of 0. 5% that was short of the forecast of 0. 6%.
Deutsche Bank upgrades Cobham but caution remains
Deutsche Bank upgraded Cobham to 'hold' from 'sell' after the aerospace and defence group proposed raising £500m from a rights issue in the second quarter.
Harvey Nash annual profit up but UK market slowing
Recruiter Harvey Nash posted a rise in full-year profit but said concerns over a possible Brexit have contributed to a slowdown in the UK.
Broker tips: Stagecoach, Next, Tullow Oil
Investec upgraded Stagecoach to ‘reduce’ from ‘sell’ saying that while the outlook for the company remains negative in many areas, much of this is already priced into the shares.
ZOO Digital erases recent gains with mixed trading statement
Shares in ZOO Digital fizzled lower after the video games, film and TV globalisation specialist said full year revenue will be largely flat after disruption caused by the acquisition of one of its largest customers.
Europe midday: Stocks push lower on BoJ disappointment
European stocks lost ground on Thursday as investors were left disappointed that the Bank of Japan chose not to introduce further stimulus.
London midday: Stocks drop as traders weigh Fed and BoJ policy
UK stocks were in the red on Thursday as investors continued to weigh policy decisions from the Federal Reserve and the Bank of Japan.
Goldman Sachs downgrades Next amid industry headwinds
Goldman Sachs downgraded retailer Next to ‘sell’ from ‘neutral’, slashing the 12-month price target to 5,000p from 6,400p, highlighting limited upside relative to peers.
Camellia FY profits cheered by Kenyan tea operations
Banking-to-agriculture group Camellia lifted full-year profits to £23. 9m from £17. 2m led by a strong performance from its Kenyan tea operations, although it warned that current trading was taking place in challenging market conditions.
Metal Tiger joins Red Rock to buy chunk of Goldstone Resources
Strategic natural resources investor Metal Tiger announced its participation in the acquisition of 12,013,173 shares in Goldstone Resources, in conjunction with Red Rock Resources, at a price of 1. 87p per share.
Tullow Oil left at 'overweight' by Barclays after first quarter update
Barclays reiterated an ‘overweight’ rating and target price of 280p for Tullow Oil on Thursday after the oil producer reported its first quarter trading update.
Asia report: Markets mixed as BoJ, RBNZ stand pat
All eyes in Asia were on the Bank of Japan on Thursday, as the central bank stood pat on monetary policy, leading to a local sell-off and a surge in the yen against the greenback.
Anglo American to sell Brazil units for $1.5bn
Anglo American has agreed to sell its niobium and phosphates businesses in Brazil to China Molybdenum for a cash consideration of $1. 5bn.
Investec upgrades Stagecoach to 'reduce'
Investec upgraded Stagecoach to ‘reduce’ from ‘sell’ saying that while the outlook for the company remains negative in many areas, much of this is already priced into the shares.
US pre-open: Stocks seen lower after BoJ disappoints
US futures pointed to a weaker open on Wall Street after the Bank of Japan surprised markets by choosing not to implement further stimulus measures.
TV advertising spending 'flat' in second quarter, reports say
UK television advertising spending is expected to be roughly flat in the second quarter of the year, according to industry reports.
Eurozone consumer confidence improves in April
Economic sentiment in the Eurozone improved a little more than expected in April, according to data from the European Commission.
Credit Suisse upgrades Bellway and Persimmon, downgrades Berkeley
Credit Suisse upgraded Bellway and Persimmon, but downgraded Berkeley as it took a look at UK housebuilders.
International PPL to invest in Gold Coast light rail extension
Infrastructure investment company International PPL said the GoldLinQ consortium, of which it is a member, will make a further investment into a 7. 3km extension to the Gold Coast Light Rail project in Queensland, Australia.
NCC organic growth boost revenues by 60%
Cyber security group NCC said revenues for the 10 months to end March soared 60% to £166m, adding that it was on track to meet full year expectations.