Latest News
Sector movers: Volatility and rise in bond yields proves boon for banks
Banks paced gains as yields on longer-term government bonds continued to move higher on both sides of the Pond.
Futura Medical partner approved for erectogenic condom manufacture
Advanced transdermal technology-focused healthcare company Futura Medical announced on Thursday that, as anticipated, its regulatory submission to allow TTK Protective Devices to manufacture its erectogenic condom, CSD500, has been approved by the relevant EU Notified Body with an extended shelf life for the product of 18 months.
Symphony Environmental Tech wins over 20 trials at Germany plastics show
AIM-listed plastics company Symphony Environmental Technologies gained more than 20 new trials at an industry show in Germany as it presented a range of new products.
Spanish unemployment falls below 20% for lowest figure in six years
The Spanish economy is showing further signs of recovery as the country's unemployment rate has fallen to its lowest level in six years.
Vesuvius reports trading in line with expectations
Vesuvius on Thursday said its sales in the year to date remain in line with expectations as cost saving measures and foreign exchange benefits offset a weak steel market.
Broker tips: IAG, Antofagasta, Ryanair
Societe Generale downgraded its stance on British Airways and Iberia parent International Consolidated Airlines to ‘hold’ from ‘buy’ and cut the price target to 420p from 500p.
US pending home sales rise more than expected in September
US pending home sales jumped more than expected last month thanks to a robust increase in the West and a healthy push higher in the South, according to data from the National Association of Realtors.
Mercia Technologies puts another £1m into Oxford Genetics
Innovative technology business investor Mercia Technologies announced a follow-on investment of £1m into Oxford Genetics, a synthetic biology company with significant expertise in DNA design, on Thursday.
US open: Stocks climb as earnings season continues
US stocks climbed on Thursday, as the quarterly earnings season continued with a wave of results from Twitter, Tesla, and ConocoPhillips.
Qualcomm confirms $47bn deal to buy Dutch rival NXP
US technology firm Qualcomm is set to acquire its Dutch rival NXP Semiconductors for $37bn, with the price rising to $47bn when debt is included.
Results round-up
Barclays reported a rise in third-quarter pre-tax profit as it benefited form a strong performance in its fixed trading division.
FTSE 100 movers: Barclays gains on Q3; airlines fly lower
London’s FTSE 100 was up 0. 3% to 6,975. 48 in afternoon trade.
Amerisur Resources confirms OBA pipeline operational
South America-focused oil and gas producer and explorer Amerisur Resources announced on Thursday that the regulatory agency of Ecuador, ARCH, has issued a decree to Petroamazonas EP for the operation of the OBA system in Ecuador.
Ford sees profits fall 56% due to recall costs
US automaker Ford Motor made a solid beat on its earnings for the third quarter, but net income still fell 56% due to recall expenses incurred from a batch of domestic vehicles with faulty door latches.
Jobless claims drop less than expected
The number of Americans filing for unemployment benefits fell less than expected last week, according to data released by the Labor Department.
Friday preview: RBS reports third quarter interims
Royal Bank of Scotland will be in the spotlight on Friday as it posts its third quarter interims amid reports it is in talks with CYBG to sell its Williams & Glyn branches.
Nissan to build two new models at Sunderland plant
Nissan will build two new models at its Sunderland plant, in the first major investment decision by a carmaker since the Brexit vote.
Telefonica slashes 2016 and 2017 dividend payouts
Telefonica cut its dividend payouts for 2016 and 2017 following its inability to sell-of some of its assets, in a bid to ward off a ratings downgrade.
ServicePower signs new three-year deal with BrandsMart USA
Mobile workforce management software provider ServicePower Technologies announced on Thursday that it has signed a new three-year contract with BrandsMart USA for its ServiceScheduling, ServiceOperations and ServiceGPS products.
Mineral & Financial investment posts promising test results
Mineral & Financial Investment was celebrating success at one of its investments on Thursday, as TH Crestgate updated the market on its activities.