Latest News
US close: Stocks close higher as weak data makes rate hike seem unlikely
US stocks closed higher on Thursday after weak data on retail sales and industrial production fuelled bets against an interest rate hike by the Federal Reserve at next week’s meeting.
Fairpoint's fist half revenue grows on legal services
Fairpoint Group, a UK based provider of consumer professional services, reported revenue growth in the first half, 76% of which came from its legal services.
Trump in "excellent" health, according to latest doctor note
Republican presidential candidate Donald Trump's campaign has released a new doctor's note which states that the 70-year-old is in "excellent physical health", as the race for the White House increasingly focuses on the nominees' physical condition.
Biffa launches biggest IPO since Brexit vote
Biffa, the UK based waste management business, has announced plans to initiate its first initial public offering (IPO).
Small caps news round-up
Butcher's chain Crawshaw Group warned that trading conditions have remained difficult in recent weeks and that hitting full year targets will depend on measures it has taken to try and restore sales momentum ahead of the very important winter and festive season. The lower customer volumes seen earlier in the year, due to "a combination of the international football, adverse weather and Brexit" had continued since its initial warning in late June, the Midlands and north of England group said, which would see a "further reduction in like for like sales for the half year".
Europe close: Markets finish higher as BoE stands pat
European stocks turned a little higher on Thursday, struggling for direction as investors continued to mull over central bank policy.
Wells Fargo down for fifth consecutive day after phantom account scandal
Shares in American bank Wells Fargo have fallen 8% since revelations over the creation of fake accounts to meet sales targets broke last week.
London close: Stocks rise as BoE stands pat on policy
The FTSE 100 ended higher on Thursday as the Bank of England decided to keep policy unchanged and as UK retail sales data came in better than forecast.
Crawshaw trading butchered by Brexit and supermarket promotions
Butcher's chain Crawshaw Group warned that trading conditions have remained difficult in recent weeks and that hitting full year targets will depend on measures it has taken to try and restore sales momentum ahead of the very important winter and festive season.
Amerisur revenue slips and loss widens in first half
South America-focused oil and gas producer and explorer Amerisur Resources announced its interim results for the six months to 30 June on Thursday, with revenue of $24. 4m down significantly from $40. 3m in the first half of the prior year.
Franchise Brands shares up on first half growth
Multi-brand international franchisor Franchise Brands announced its maiden interim results for the six months to 30 June on Thursday, in line with management expectations.
Tribal Group stock up as revenue and earnings slide
Tribal Group published its half-year report for the six months to 30 June on Thursday, with revenue dropping 22% to £45. 2m.
IndigoVision narrows loss despite falling revenue
IndigoVision Group posted its interim results for the six months to 30 June on Thursday, with overall revenue dropping slightly to $21. 8m, from $22. 6m.
Global Energy widens acquisition prospects
Global Energy, a petroleum exploration, development and production company based in Colombia, has decided to expand its operations due to the low oil price environment, even as its current output turnover decreased.
Powerflute agrees 90p a share takeover offer
Powerflute has received a £268m offer from an affiliate of US private equity firm Madison Dearbon Partners.
Brexit talks will start after German elections, says van Rompuy
Negotiations between the UK and EU will start by the end of 2017 but not until after the German elections, the first president of the European Council said on Thursday.
Broker tips: Dunelm, Hargreaves Lansdown, CCH
Canaccord Genuity on Thursday lowered its rating on Dunelm to ‘hold’ from ‘buy’ but raised its target price to 920p from 875p after the homeware retailer reported its full year results.
Northacre's H1 revenue falls a it cautions about Brexit uncertainity
Property company Northacre’s half year revenue fell, as it warned about the uncertainty arising from Brexit and called for a review of the current stamp duty levy.
US senator requests investigation into non-prosecution of Wall Street executives
A formal investigation has been requested by US senator Elizabeth Warren into the reasons why no criminal charges were brought against those involved in the global financial crisis of 2008.
Blackrock join in on Volkwsagen investors' emissions scandal lawsuit
Asset management firm Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German car manufacturer over the practices it conducted related to its emissions scandal.