Latest News
Government should ensure tariff free access to single market post-Brexit, says CBI
The Confederation of British Industry laid out the principles Britain should ensure in its future relationship with EU, as it revealed its shopping list of measures for the Chancellor to heed in the upcoming Autumn Statement.
Twitter to lay off 9% of workforce amid revenue and earnings beat
Microblogging site Twitter has posted revenue and earnings which exceeded analyst estimates, but also announced plans to lay off around 9% of its total workforce.
Barclays posts rise in third-quarter profit
Barclays reported a rise in third-quarter pre-tax profit as it benefited form a strong performance in its fixed trading division.
SocGen downgrades IAG to 'hold'
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.
Goldplat posts solid production numbers as improvements continue
African gold producer Goldplat posted an operations update for the three months to 30 September on Thursday, with overall production of 9,129 ounces of gold and gold equivalents achieved during the quarter.
London midday: Stocks flat after UK GDP fails to inspire
The FTSE 100 was flat on Thursday at midday after official data showed the UK economy slowed in the third quarter, albeit less than expected.
Thursday broker round-up
Debenhams: JP Morgan keeps at underweight with a target price of 54p.
MedaPhor supplies six more units to University of Derby
Advanced ultrasound skills training simulator provider MedaPhor Group announced on Thursday that the University of Derby has purchased an additional six ScanTrainer ultrasound simulators for its new Ultrasound Simulation Suite, which it said will act as a learning centre for students on the University's ultrasound master's degree courses.
US pre-open: Stocks seen touch higher amid earnings avalance
US futures pointed to a marginally firmer open on Wall Street as investors braced for more earnings reports and some key data releases.
Clinton warns AT&T-Time Warner merger needs to be carefully monitored
US presidential candidate Hillary Clinton expressed concern over the proposed acquisition of Time Warner by telecoms giant AT&T.
Bacanora Minerals to progress with feasibility study at lithium project
AIM-listed explorer Bacanora Minerals said it had gained the necessary funds during to progress with a feasibility study at its lithium carbonate project in Mexico.
UBS upgrades Antofagasta after sharp share price falls
UBS upgraded Antofagasta, a Chilean copper mining company, from ‘sell’ to ‘neutral’ even after the company released a weaker than expected production target for fiscal year 2017, albeit at the same time lowering the price target from 520p to 500p.
Europe midday: Stocks little changed as bank earnings digested
European stocks wavered on Thursday as investors digested uninspiring Chinese data and sifted through more earnings releases, with banks in the spotlight.
Berendsen's quarterly revenues rise but operational issues take toll
Textile service company Berendsen’s quarterly revenue rose, but continued operational issues resulted in higher costs.
Asia report: Markets mixed as energy stocks stumble
Asian markets finished mixed on Thursday, with lower oil prices still putting pressure on energy stocks in the region.
KAZ Minerals posts rise in Q3 copper production
Kaz Minerals reported a rise in copper cathode equivalent output for the third quarter thanks to stronger production in the East Region, Bozymchak and Aktogay.
JP Morgan recommends 'overweight' on Ryanair, Wizz Air, but 'underweight' on IAG
JP Morgan Cazenove on Thursday said Ryanair remains its “top pick” of European airlines as it took a look at the sector.
Misys abandons IPO plans
UK software company Misys has ditched its plans to float on the London Stock Exchange.
Hunting to tap investors for more cash
Energy services company Hunting said its sales stabilised over the third quarter and announced plans to tap investors for fresh equity to reduce the company's debt and increase its financial flexibility.
Galaxy Note 7 issues damage Samsung ´s profits
Samsung has realised the full extent of the demise of its flagship smartphone, the Galaxy Note 7, after recording a 30% plunge in its operating profits in its latest quarterly earnings report.