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UK services sector delivers surprise output increase
UK services activity spiked surprisingly in October, a closely followed survey revealed on Thursday, as the sector recorded the highest input prices in the report's history.
Rosslyn Data wins $400,000 US contract
AIM-listed Rosslyn Data Technologies’ business Rosslyn Analytics has won a two-year $400,000 contract with a US global media company to use its cloud analytics platform.
Eckoh poaches PayPoint's Chrissie Herbert for CFO
AIM-listed secure payment provider Eckoh appointed PayPoint’s Chrissie Herbert as its new chief financial officer.
China services PMI expands further in October
Chinese service activity growth accelerated in October at the fastest pace in four months, data revealed on Thursday.
Zoo Digital swings to profit in first half
Zoo Digital said on Thursday that it swung to a pre-tax profit in the six months to the end of September as revenue grew 18%.
Shire rallies on Merrill, Citi notes
Shire got a boost on Thursday as Bank of America Merrill Lynch added the stock to its ‘Europe 1’ list with a ‘buy’ rating and 6,970p price target, saying the shares are too cheap.
Credit Suisse cuts Next to 'underperform', slashes price target
Credit Suisse downgraded retailer Next to ‘underperform’ from ‘neutral’ and slashed the price target to 4,600p from 4,950p.
HSBC initiates coverage of Cineworld with a 'buy' rating
Cineworld Group’s shares rose on Thursday as HSBC initiated coverage of the stock with a ‘buy’ rating and a target price of 720p.
Facebook triples profits as advertising share rockets
Social media giant Facebook Inc reported a huge increase in its profits for the third quarter, thanks to a sharp jump in advertising revenues as traditional publishers see companies flocking to Mark Zuckerberg's site.
Wizz Air passenger numbers soar as bases expand to 26
Wizz Air Holdings, the low cost airline focused on Central and Eastern European, transported 18. 2% more passengers in October than the previous month as it extends its reach to more countries.
GVC Holdings to pay special dividend ahead of schedule
Sports betting company GVC Holdings is to pay a special dividend ahead of schedule following two acquisitions and positive trading for the year so far.
Lancashire reports mixed third quarter, downplays impact of Matthew
Lancashire Holdings announced its results for the third quarter of 2016 and the nine months to 30 September on Thursday, with its fully converted book value per share down to $6. 55 at period end, from $6. 78 a year earlier.
Regus to set up Swiss holding company outside EU
Workplace provider Regus is to set up a new holding company outside the EU in Switzerland called International Working Group as part of its plan to provide work solutions across multiple brands.
LondonMetric sells St Albans retail park to Dunelm Estate Ltd.
LondonMetric Property has sold its Alban Retail Park in St Albans to Dunelm Estate Limited for £5. 75m.
Howden Joinery revenue up as more depots open
Howden Joinery Group published a trading update covering the period from the end of the first half of the year - on 11 June 2016 - to date.
Europe open: Stocks waver as investors digest Fed; Credit Suisse slides
European stocks wavered in early trade as investors digested the latest policy decision from the Federal Reserve, with the Bank of England’s announcement due later in the day.
3i Infrastructure posts positive NAV growth in first half
3i Infrastructure posted its results for the six months to 30 September on Thursday, reporting good portfolio performance as driving net asset value growth.
Morrisons lifts third quarter with 'biggest ever' Halloween
Wm Morrison Supermarkets reported its fourth consecutive quarter of growth, helped by its strongest ever Halloween.
Shawbrook posts solid quarter with 'minimal' impact from Brexit
Shawbrook Group issued its interim management statement for the nine months to 30 September on Thursday, reporting a stable net interest margin of 5. 6%, with continued tailwinds expected from deposit book repricing following the Bank of England base rate cut in August 2016.
London open: Stocks little changed ahead of BoE
Stocks in London were little changed in early trade as investors looked ahead to a rate decision from the Bank of England and digested the latest policy announcement from the Federal Reserve.