Latest News
Sector movers: Cyclicals lead gains, alongside grocers
Cyclicals led to the upside with Oil Equipment and Food & Drug retailers sporting the biggest gains.
Recent job gains an important development, Fed's Dudley says
Middle-wage jobs have outnumbered higher and lower wage jobs in the US, the head of the New York Federal Reserve Bank said on Thursday, while warning that Puerto Rico’s current level of public debt was “unsustainable”.
Thursday newspaper share tips: Balfour Beatty, Admiral
Things are looking up for Balfour Beatty but it’s too soon to put up the bunting just yet, the Financial Times’s Lex column said.
Jubilee Platinum increases production, revenue in July
Miner Jubilee Platinum increased production and revenue in July for chrome and platinum at its South African mine.
Harvest Minerals eyes start of trial production at Maximus by year-end
Harvest Minerals signed the lease for the land containing the Maximus resource, potentially paving the way for trial production to kick-off by year-end 2016.
Nostra Terra reveals buyer of Chisholm Trail stake as sale completes
Nostra Terra Oil and Gas said on Thursday it has completed the $2. 1m sale of its interest in the Chisholm Trail Prospect in Oklahoma.
Europe close: Benchmarks break four-session losing streak
European stocks moved higher on Thursday following four downbeat sessions, as investors digested the Federal Reserve meeting minutes that showed policymakers were in no hurry to hike interest rates.
Empresaria Group shares rise on jump in first half profits
Specialist staffing company Empresaria Group reported on Thursday a 30% increase in first half adjusted pre-tax profit, driven by growth in temporary job placements.
London close: Stocks end higher as UK retail sales rise, oil prices jump
London stocks gained on Thursday as oil prices jumped and UK retail sales data beat expectations.
Hydrodec Group clinches transformative five-year contract with Essential Energy
Hydrodec's Australian unit clinched a five-year exclusive contract to supply a major utility group Down Under with new inhibted transformer and switchgear oil.
Small caps news round-up
De La Rue inked an agreement with Nairobi to base one of its Centres for Excellence in the East African country following the creation of a joint-venture between the two. The facilities of the JV, employing about 290 people locally, would supply both the domestic and export markerts, De La Rue said in a statement.
De La Rue inks joint-venture agreement with Nairobi
De La Rue inked an agreement with Nairobi to base one of its Centres for Excellence in the East African country following the creation of a joint-venture between the two.
Drug companies cut prices in order to be available on NHS
Pharmaceuticals are cutting the price of their cancer drugs in order to not have them banned from the NHS, as a watchdog found them not to be expensive.
Premier Farnell fizzles as Dätwyler refuses to top Avnet offer
Premier Farnell shares sank on news that Swiss suitor Dätwyler Holding was refusing to improve its offer for the electronic components distributor.
Lonmin closes project financing for bulk tailings project
Lonmin managed to clinch project financing for its Bulk Tailings Treatment Project, which analysts said would allow the miner to add low-cost production as it progresses on restructuring the business.
Aminex receives first payment from Kiliwani North-1
Aminex received first payment for the gas produced from its Kiliwani North-1 well in Tanzania.
Galasys shares suspended on AIM after nominated adviser resigns
Shares in Galasys, which provides ticketing systems to amusement parks in Asia, were suspended on Thursday following the resignation of the company's nominated adviser and broker, WH Ireland.
US government sues Harley Davidson over emissions-defeat devices
The US federal government filed a suit against Harley Davidson, accusing the manufacturer of making, selling or installing hundreds of thousands of emissions-control defeat devices on motorbikes certified as environmentally compliant.
UniCredit sees crude oil futures heading higher in 2017, decline rates accelerating
Oil prices would likely head higher in the back-half of 2017 as world demand held up and natural declines in production at existing fields accelerated, a top strategist said.
US open: Stocks fall as investors mull Fed minutes, data
US stocks were lower on Thursday as investors continued to assess the Federal Reserve’s meeting minutes which showed policymakers were divided over the timing of an interest rate hike.