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Fidessa still confident despite tough market conditions
Trading, investment management and information solutions company Fidessa Group reported difficult trading conditions in an update to the market on Thursday morning, but nonetheless remained confident in its outlook.
German unemployment steady at record low in April
The German unemployment rate held steady at 6. 2% in April, according to data released by the Federal Statistics Office.
KAZ Minerals makes strong start to 2016
Kazakhstan-focused copper producer KAZ Minerals has made a solid start to the year, reporting the on-schedule ramping up of projects and production in line with guidance in its first quarter on Thursday.
Weir says profits better than expected despite tough conditions
Engineering firm Weir Group reported trading that was “slightly ahead” of expectations in its first quarter on Thursday, saying cost reductions and a resilient performance from its minerals division underpinned that.
Synthomer trading in line, reaffirms full year expectations
Specialty chemicals company Synthomer reaffirmed its full-year view on Thursday as it said the business continues to trade in line with expectations.
London open: Stocks fall after FOMC and BoJ policy decisions
London stocks dropped on Thursday after the Federal Reserve left the door open to an interest rate hike in June and the Bank of Japan decided against fresh stimulus.
Europe open: Stocks in the red as investors digest Fed, BoJ
European stocks fell in early trade as investors digested the latest policy announcements from the Federal Reserve and Bank of Japan, and waded through more earnings.
Lloyds Banking's first-quarter profits sink but beat forecasts
First-quarter results from Lloyds Banking Group revealed a 6% fall in underlying profit to £2. 05bn due to the sale of TSB, but this was largely better than forecast as a reduction in impairment charges, PPI provisions and lower costs counterbalanced a small decline in income.
Galliford Try celebrates three new contract wins
Housebuilding and construction group Galliford Try announced a new contract win on Thursday, with its joint venture with process outsourcing firm Capita extending the Urban Vision partnership with Salford City Council.
Pendragon grows profit and physical footprint in Q1
Motor dealer franchise group Pendragon reported an 8. 7% rise in underlying profit before tax in its first quarter on Thursday, with like-for-like gross profit increasing across all main vehicle sectors of aftersales, used and new.
Berendsen delivers clean set of first-quarter results
First quarter trading at laundry services group Berendsen generated a 3. 6% increase in underlying revenues, in line with internal expectations, with favourable currency moves lifting this to 6% at the top line.
Wood Group wins $500m Azerbaijan contract with BP
Wood Group has won a $500m contract to provide engineering, procurement and construction management services (EPCM) for eight offshore oil and gas facilities for BP in Azerbaijan.
Serco wins Australian icebreaker ship contract
Serco has won a £160m contract to design, build and operate the new icebreaker research and supply vessel for the Australian Antarctic mission.
Victrex resolves issues with Federal Trade Commission
High-performance polymer producer Victrex announced on Thursday that it had entered into a consent decree with the US Federal Trade Commission, concerning an inquiry by the commission into the sale and marketing of implantable grade PEEK polymer in the US by its subsidiaries Invibio Inc and Invibio Ltd.
Schroders lifts Q1 assets under management
Wealth manager Schroders said total quarter on quarter assets under management rose to £324. 9bn from £313. 5bn, but first quarter pre-tax profits fell to £137. 9m from £141. 7m.
Howden Joinery says trading in line so far
Howden Joinery reported a jump in revenue as it said its performance so far this year has been in line with its expectations.
Aggreko first-quarter revenue down 17%, maintains guidance
FTSE 250 temporary power provider Aggreko reported a drop in first-quarter revenue amid challenging markets but maintained its guidance for the year.
Revenue and debt grows sizeably at WPP
Advertising and public relations group WPP reported billings of £11. 922bn in its first quarter on Thursday - an increase of 8. 3%, or 6. 7% at constant currencies.
London pre-open: Stocks seen lower as investors digest Fed and BoJ
London stocks were expected to open a little lower on Thursday as investors digested the latest policy announcements from the Federal Reserve and Bank of Japan.
Taylor Wimpey says UK trading strong; no impact from 'Brexit' fears
The prospect of a British exit from the EU had not affected trading at house builder Taylor Wimpey in the first four months of the year, the company said on Thursday, adding that underlying demand was “solid” across all the countries it operated in.