Latest News
Obama hands over to Clinton and attacks Trump
Barack Obama came out in support of Democratic nominee Hillary Clinton on Wednesday, as the current president winds down his second term in the White House.
Lancashire Holdings left at 'hold' by Canaccord
Lancashire Holdings was left at a ‘hold’ rating by Canaccord Genuity on Thursday but its target price was lifted to 600p from 550p after better-than-feared first half profits.
JD Sports 'well positioned' to meet full year forecasts
JD Sports Fashion said it was “well positioned” to deliver a headline full year profit before tax in the upper half of current market expectations of between £170m - £190m.
Numis upgrades Countrywide to 'add' from 'hold'
Countrywide’s shares jumped on Thursday as Numis upgraded its rating to ‘add’ from ‘hold’ despite a profit warning from the real estate agent.
Footy fans get a taste for Domino's during Euro 2016
Hungry football fans parked in front of their televisions watching the Euro 2016 championships provided a tasty boost for interim results at pizza delivery firm Domino's.
Countrywide rebounds despite interim profit squeeze post-Brexit
Countrywide said the slowdown in the housing market has worsened since June’s Brexit vote, sending half-year profits in the estate agent shooting down but lifting its shares as investors had feared it would be even worse.
Asia report: Markets mixed as BoJ meeting continues
Markets in Asia finished Thursday mixed, with investors wading their way through earnings season and looking towards the outcome of the Bank of Japan’s two-day policy meeting on Friday.
Paypoint says first quarter trading in line with expectations
Paypoint said on Thursday trading for the first quarter remains in line with its expectations with revenue up 3% to £51m.
Scientists discover new antibiotic right under their noses
German scientists have found that bacteria located inside the human body could be used to treat illnesses, with the first example coming from a source inside the nose.
Thomas Cook cuts profit forecasts in wake of terror attacks, weak pound
British tour operator Thomas Cook revealed the depth of the problems faced by the travel industry as it again lowered its full year profit forecasts against a backdrop of increased global terrorism concerns and an anaemic pound.
Sports Direct sprints higher on share buyback flip-flop
Having played down the prospect earlier in the month, Sports Direct has decided to try and boost its waning share price with a proposed £90m buyback of around 5% of its shares, which it hopes to increase later in the year.
Weir's CEO steps down as group reports drop in first half earnings
Weir Group announced on Thursday that chief executive Keith Cochane is stepping down as the engineering giant reported a drop in first half pre-tax profit.
Brexit may catapult UK to front of self-driving technology race
Britain could be in prime position to take advantage of new self-driving technology due to Brexit, the Society of Motor Manufacturers and Motors (SMMT) has said.
BHP to take extra $1.3bn charge on Samarco disaster
BHP Billiton said the Samarco dam disaster in Brazil would hit full year profits by an extra $1. 1bn-$1. 3bn.
Intu Properties raises full year guidance as first half earnings rise
Property management company Intu Properties on Thursday raised its full year guidance for rental income growth as it reported an increase in first half underlying earnings.
Compass confident after third quarter growth
Compass posted a third quarter trading update on Thursday, and said it continues to have a good year, with organic revenue growth of 5. 6% for the nine months to 30 June 2016.
Smith & Nephew hit by currency headwinds
Interim profits at medical technology firm Smith & Nephew were hit by currency headwinds, the company said on Thursday.
RELX posts good underlying growth in first half
Global professional information and analytics company RELX Group posted its interim results for the six months to 30 June on Thursday, reporting continued underlying growth in revenue, operating profit and earnings in the first half of of the year.
Europe open: Stocks mixed as traders mull mixed signals
European stocks were mixed on Thursday morning, with Germany and France higher but the UK, Italy and Spain's benchmarks lower after the Federal Reserve statement overnight and ahead of Japan's stimulus decision.
Exchange rates hurt first half at British American Tobacco
Cigarette manufacturing giant British American Tobacco posted its half-year results for the six months to 30 June on Thursday, with group revenue up 7. 8% at constant rates of exchange to £6. 9bn, or 6. 0% on an organic basis.