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Broker tips: Aggreko, Homeserve
Homeserve rallied as Barclays upped the stock to ‘overweight’ from ‘underweight’ and boosted the price target by a whopping 170% to 695p after visiting the company’s UK and US operations in the last couple of months.
Nestle may follow Unilever into Brexit price war
Swiss food distributor Nestle has hinted that it may follow in the footsteps of Unilever in raising its prices in the United Kingdom as a result of the collapse of the pound.
Commodities: Crude falls as Nigeria slashes prices to regain market share
Crude futures were lower Thursday afternoon as Nigeria slashed its oil prices in a bid to recover lost market share.
US open: Stocks mixed after slew of varied corporate results
US futures were mixed on Thursday following a slew of corporate results from American Airlines, BNY Mellon, Dunkin’ Donuts, Walgreen Boots Alliance and Verizon Communications as markets largely ignored the final presidential debate.
Bonds: Gilts brush off employment report
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Results round-up
Shares in AIM-listed Lombard Risk Management soared to nearly 23% on Thursday, as the compliance and collateral management software provider reported an increase in half-year revenue, while it said it had not been affected by Brexit uncertainty.
Beximco sales grow in first half
Generic pharmaceutical products and active ingredients manufacturer Beximco Pharmaceuticals posted audited results for the half year to 30 June on Thursday, with net sales growing by 13. 1% to BDT 7. 07bn.
Friday preview: Acacia Mining reports third quarter results
Tanzania-focused Acacia Mining on Friday reports its third quarter results with the focus likely to be on the impact of a mill shutdown at the Bulyanhulu gold mine.
ECB did not discuss extending or ending QE, says Draghi
The European Central Bank did not discuss extending or ending its asset purchase programme ahead of Thursday's policy decision, President Mario Draghi said.
Initial US unemployment claims rise modestly in latest week
Initial weekly US jobless claims increased modestly, but remained below the 300,000 mark for an 85th consecutive week, their longest streak since 1970.
GB Group's shares fall on sluggish GOV.UK Verify roll-out
Shares in GB Group are down more than 12% after it reported a slower than expected roll-out of the GOV. UK Verify project, and despite expressing a confident FY outlook.
American Airlines beats on profit expectations as fuel costs drop
US carrier American Airlines exceeded expectations in its third quarter profits released on Thursday, despite a decline compared with the same period last year.
FTSE 100 movers: Airlines fly higher while Glencore sinks
The FTSE 100 was just in the red in afternoon trading on Thursday, after the European Central Bank decided to keep policy measures unchanged on Thursday, in a move widely expected by analysts.
BHP Billiton chairman announces retirment
BHP Billiton chairman Jac Nasser has announced his retirement from the board of the mining giant, which he delayed due to the Samarco dam disaster in Brazil.
Philly Fed manufacturing gauge edges past forecasts in October
Business conditions in the manufacturing sector in the US mid-Atlantic region edged lower in October, according to the results of one of the most widely-followed surveys.
Lenta reports 3- and 9-month LFL sales growth
Russian retail chain Lenta is pleased with its third-quarter, reporting sales growth of 20. 2% to 75. 4bn rubles, up 4. 3% on a like-for-like basis, against a strong comparative period.
Action Hotels wins award for Brisbane property
Middle East and Australia-focused hotel owner, developer and asset manager Action Hotels announced on Thursday that ibis Styles Brisbane Elizabeth Street has won a ‘Best Economy Hotel’ award at the 2016 HM Awards.
Botswana Diamonds starts drilling at Kalahari Desert mine
AIM-listed explorer Botswana Diamonds has started a drill programme at its mine in the Kalahari Desert and is "cautiously optimistic" of finding kimberlites.
Verizon sees another decline in quarterly revenue, silent on Yahoo deal
Verizon Communications missed expectations on revenue in its third quarter earnings report on Thursday before the opening bell.
E.ON set for another record loss in 2016 - reports
German energy company E. ON is set for another year of record losses, according to German daily newspaper Handelsbatt.