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South32 reports wider loss but pays maiden dividend
Australian base metal and coal miner South32, in its first full financial year since being spun from BHP Billiton, reported a large net loss due to impairments and low commodity prices but paid a maiden dividend.
Mylan to cut EpiPen costs following Clinton comments
Mylan said it was taking "immediate action" to further enhance access to its EpiPen injectors after the generic and specialty pharmaceuticals firm was slammed on Wednesday by presidential candidate Hillary Clinton, who urged the group to drop the price of the treatment.
Broker tips: Playtech, Aldermore, Shawbrook, Just Eat
Playtech shares gained on Thursday as Canaccord Genuity raised its target price to 1,125p from 902p and reiterated a ‘buy’ rating on the stock after the gambling software developer reported its first half results.
Spanish Q2 export jump delivers GDP boost
Spain's gross domestic product expanded at a slightly slower in the second quarter of the year, as government spending registered a sharp contraction.
Tiffany & Co' s second-quarter profit beats views, but revenue misses
Tiffany & Co. rallied in pre-market trade after the luxury jeweller’s second-quarter profit came in ahead of expectations.
Retail sales improve in August, CBI survey says
Retail sales unexpectedly improved in August, according to the CBI's distributive trades survey, which also found companies were more confident about the outlook compared to last month.
S&P Global Ratings warns of 'Big Six' margin pressure, earnings volatility
Energy market reforms may reduce market share and margins, and hike earnings volatility for the so-called 'Big Six' sector players in the UK, warns S&P Global Ratings.
Europe midday: Stocks drop on German data, ahead of Yellen speech
European stocks pushed lower as traders took some money off the table ahead of an eagerly-awaited speech by Federal Reserve Chair Janet Yellen and following disappointing German data.
London midday: Clinton remarks send pharmaceutical shares, equities lower
UK equities were dragged lower by pharmaceutical shares on Thursday following remarks from US presidential candidate Hillary Clinton on cutting prices of medication.
Kibo Mining recrafts Mbeya project agreement with SEPCO III
Kibo Mining has recrafted its agreement with SEPCO III for the construction of the Mbeya Coal to Power Project (MCPP) in Tanzania.
Sopheon swings to profit in first half
Sopheon swung to a profit in the first half of the year as revenue grew and the company said revenue visibility for the year has improved.
Henry Boot interim profit up, no impact from Brexit
Construction and property group Henry Boot reported a rise in first-half profit on the back of earlier-than-expected land sales and progress on its commercial property developments, and said it has not seen any impact from Brexit.
BH Macro reports slight rise in first half NAV
BH Macro reported a slight increase in the net asset value of its sterling shares at the half-year stage following buybacks and a discounted tender offer for 25% of the vehicle's stock following lacklustre results over the preceding two-and-a-half years.
Canaccord raises target price and reiterates 'buy' on Playtech
Playtech shares gained on Thursday as Canaccord Genuity raised its target price to 1,125p from 902p and reiterated a ‘buy’ rating on the stock after the gambling software developer reported its first half results.
US pre-open: Stocks to nudge lower as focus shifts to Yellen
US futures pointed to a marginally weaker open on Wall Street, with investors likely to exercise caution as they look for clues on the timing of an interest rate hike from Federal Reserve Chair Janet Yellen, who is due to give a speech at Jackson Hole on Friday.
CRH doubles earnings as green shoots seen in Europe
Building materials group CRH winched its half-year dividend a touch higher as it reported the early stages of an economic recovery in Europe.
UK gross mortgage lending falls in Brexit aftermath, CML data shows
Gross mortgage lending in the UK fell in July as house purchase activity slowed in the aftermath of Britain’s vote to leave the European Union, data showed on Thursday.
German Ifo business confidence unexpectedly deteriorates
German business confidence unexpectedly deteriorated in August, according to a widely-followed survey.
Aldermore, Shawbrook boosted by BofA ML upgrade
Challenger banks Aldermore and Shawbrook got a boost on Thursday as Bank of America Merrill Lynch lifted its recommendations on the stocks to ‘buy’ from ‘neutral’.
Just Eat slumps on Barclays downgrade
Just Eat shares were under the cosh on Thursday as Barclays downgraded the stock to ‘equal weight’ from ‘overweight’ and raised its target price to 630p from 550p.