Latest News
FTSE 250 movers: Kaz Minerals surges, Evraz slumps
The FTSE 250 rose 0. 59% to 17,863. 91 points in Thursday afternoon trade.
FTSE 100 movers: Admiral recovers; Pearson drops as it goes ex-div
London’s FTSE 100 index was down 0. 1% at 6,852. 46 in afternoon trade, as investors digested encouraging retail sales data and continued to mull over the latest minutes from the Federal Reserve.
Sports Direct to publish independent report on working conditions before AGM
Retailer Sports Direct has commissioned an independent report into its working conditions, which it will publish early next month.
Results round-up
Sales slowed only slightly in the second quarter for Kingfisher as B&Q and Screwfix grew strongly in the UK and Ireland to offset a decline in France.
Co-operative Bank losses narrow but warns on Brexit impact
The Co-operative Bank reported a narrower loss for the first half on Thursday but cautioned that the impact of Brexit could hamper its progress.
Caterpillar reports drop in retail sales
A slump in retail sales at Caterpillar worsened during the latest three-month period, sending shares lower.
Director dealings: Paragon's new COO builds stake
Paragon Entertainment's recently appointed chief operating officer John Dobson made his third share purchase this month as the lowly priced visitor attraction construction specialist climbs back towards yearly highs.
China's Ping An plans to invest in UK despite Brexit result
China’s second biggest insurance company is not put off investing in the UK despite the Brexit result, as it makes plans to increase overseas spending.
Philly Fed index turns higher in August despite weak details
A key gauge of manufacturing conditions in the Mid-Atlantic turned higher in August, even as the two most important gauges in the same report moved sharply lower.
Asda's awful quarter sparks price cut rethink
Asda confirmed some good news for its UK supermarket peers alongside its eighth consecutive quarter of declining sales.
Cisco guides towards flat sales in first quarter 2017, shares dip
Cisco Systems came out and beat analysts’ forecasts for its latest quarter even as it announced lay-offs as it looked to cloud software to cement its future and guided towards flat sales in the next quarter.
EG Solutions partner secures $1m contract
AIM-listed EG Solutions said on Thursday that its partner Aspect Software Inc. has closed a three-year contract with an unnamed social networking corporation to supply EG's back office optimisation software.
US initial jobless claims fall more than expected
US jobless claims fell more than expected last week, the Labor Department revealed on Thursday.
Friday preview: UK public finances, German PPI
With no significant London-listed corporate results on Friday, investors will be focused on the only two notable economic data releases – UK public finances and German producer prices.
UK to avoid a recession, says Moody's as it revises emerging market outlook
Britain will avoid a recession but the economy will slow down in wake of the Brexit decision, according to credit rating agency Moody's, which also raised the outlook for emerging markets.
Nestle profit down but revenue up in H1
Swiss food and beverage company Nestle reported a drop in profit but a rise in revenue for the first half of the year.
Europe midday: Stocks in the black to snap losing streak
European stocks edged 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.
Wal Mart clocks in with better than expected like-for-likes in Q2
Wal Mart´s sales jumped past forecasts in the latest reporting period.
London midday: Stocks rise as UK retail sales data beats forecasts
London stocks rose on Thursday as official data revealed UK retail sales bounced back strongly in July, sending sterling higher.
Gap between graduate and school leaver wages will narrow, says IFS
As A-Level students across the country collect their results on Thursday and decide whether or not to attend university, the Institute for Fiscal Studies (IFS) said the wage gap between graduates and non-graduates will narrow in the future, due to an increasing number of people with higher degrees.