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Zamano to focus on bolt-on acquisitions
AIM-listed Zamano said on Thursday that it will look to make bolt-on acquisitions as it repositions the business into higher added-value, growth orientated activities.
Mineral & Financial Investment completes £0.5m placing
Mineral & Financial Investment announced on Thursday that it has successfully completed, subject to admission, a placing to raise approximately £0. 475m from the issue of 10 million new ordinary shares of 1. 0p each, at a price of 4. 75p per share.
Matchtech sees full year in line with expectations
Matchtech said on Thursday that profit for the year was likely to be in line with its previous expectations, adding that it has not yet seen any impact from the UK’s decision to leave the European Union.
ServicePower Technologies trades in line in first half
Mobile workforce management software company ServicePower Technologies posted an update on trading for the six months to 30 June on Thursday, and said trading was in line with management expectations with “positive momentum at the end of the period”.
Europe midday: Stocks in the black as BoE cuts interest rates
European stocks edged higher as investors digested news that the Bank of England has cut interest rates for the first time since 2009.
Fall in Eurozone retail sales slows in July, Markit says
Euro area retail sales continued to shrink in July, led by a sharp contraction in Italy, the results of a widely-followed survey revealed.
Asia report: Markets higher despite stronger yen
Markets in Asia finished higher on Thursday, with Japanese shares advancing after a stronger yen led to a choppy start.
Hill & Smith cranks dividend up 20pc after strong first half
Helped by an acceleration in the second quarter, engineer Hill & Smith cranked out a gleaming set of half-year numbers and galvanised investor spirits with a 20% dividend hike based on a positive outlook for the niche infrastructure markets in which it operates.
Donald Trump says campaign is united despite apparent discontent
The Republican nominee for US president Donald Trump has denied reports of deep divisions within the GOP, claiming that it is united behind his campaign.
WPP's J. Walter Company acquires WANDA Digital in Turkey
J. Walter Thompson Company, a global marketing communications agency and a subsidiary of media firm WPP Group, announced the acquisition of a majority stake in WANDA Digital, an independent digital agency in Turkey.
US pre-open: Stocks seen flat as attention turns to BoE
US futures pointed to a fairly steady open on Wall Street, where investors were likely to be keeping an eye on developments in the UK as the Bank of England was set to announce its latest policy decision.
Broker tips: Johnston Press, Direct Line, Hikma Pharmaceuticals
Johnston Press shares plunged on Thursday as Numis placed its rating and target price ‘under review’ after the company swung to a first half loss.
Intel suffers smartwatch setback with Basis Peak recall
Technology giant Intel's attempts to penetrate the smartwatch market have taken a hit after it was forced to recall its Basis Peak device due to safety concerns.
Citi downgrades Hikma Pharmaceuticals after company´s pre-announcement
Analysts at Citi downgraded their recommendation on shares of Hikma Pharmaceuticals in the wake of the company´s trading update which was issued after the close of trading in London on 3 August.
Numis puts Johnston Press 'under review' after first half results
Johnston Press shares plunged on Thursday as Numis placed its rating and target price ‘under review’ after the company swung to a first half loss.
Nike to halt golf equipment production as sales plunge
US sportswear giant Nike will stop making golf equipment, as it shifts its focus more towards footwear and apparel for the sport.
Johnston Press swings to loss in first half
Newspaper publisher Johnston Press swung to a loss in the first half, mainly on the back of an impairment charge.
Fiscal policy debate prompts JP Morgan to lower underweight on global equities
JP Morgan reduced its 'underweight' stance on global equities on expectations that global economic growth would return to trend in the second half of 2016 and given rising - albeit not yet significant - odds that fiscal policy might take over from monetary policy.
Berenberg cuts Direct Line to 'hold' from 'buy'
Direct Line Insurance Group’s rating has been downgraded to ‘hold’ from ‘buy’ by Berenberg as the broker said “questions remain about earnings sustainability”.