Latest News
Warpaint to debut on AIM
Warpaint London, a specialist supplier of colour cosmetics, announced its intention of an initial public offering on the AIM market.
Dart Group takes off on stronger package holiday sales
Dart Group reported better than expected interim results and was optimistic it will slightly exceed full year forecasts, as strong growth in its Jet2 package holiday business offset lower profits from its distribution and logistics arm.
LinkedIn blocked by Russia after court finds data storage breach
Russia has blocked the social network LinkedIn after a court in the country found it to have violated data storage laws.
Broker tips: TUI, Aggreko, Boohoo
Morgan Stanley downgraded TUI to 'equalweight' as it expects the travel group's heavy investment programme will dilute cash flow and earnings per share.
FTSE 250 movers: Vectura jumps but ex-divs hit Lancashire and Redefine
London’s FTSE 250 index was up 0. 5% to 17,552. 91 in afternoon trade.
Koovs completes £12.9m fundraise early
India-focused online fashion retailer Koovs confirmed the completion of £12. 9m funding on Thursday, including a strategic investment of £3. 9m from The Times of India Group, £7m from new and existing investors and the early closure of the broker option due to excess demand.
Morgan Stanley lowers TUI price target on cash flow fears
Morgan Stanley downgraded TUI to 'equalweight' as it expects the travel group's heavy investment programme will dilute cash flow and earnings per share.
FTSE 100 movers: CRH gains on results but Royal Mail fails to deliver
London’s FTSE 100 index was up 0. 4% to 6,778. 66 in afternoon trade.
HgCapital injects undisclosed sum into fundinfo
HgCapital announced a significant investment in fundinfo on Thursday, which it described as a leading technology platform for fund data and documents publication and dissemination to the global fund industry, headquartered in Zurich.
US housing starts surge 25% in September
US housing starts rose more than expected in October, according to data from the Commerce Department.
Regional REIT upbeat on outlook
Regional REIT announced its trading update and dividend declaration for the third quarter on Thursday, as the group continued to pursue its strategy of “providing investors with an attractive return on a sustained and consistent basis from investing in and managing offices and light industrial property in the main regional centres of the UK outside of the M25 motorway”.
BoE needs more political support and accountability, says Ed Balls
In order to protect the Bank of England’s independence, the central bank needs more political support and accountability, Ed Balls said on Thursday.
US Philly Fed index misses forecasts, details of report more solid
A key measure of factory activity in the US mid-Atlantic region undershot market expectations slightly in November, but the details of the report were more robust, especially those refrencing price pressures and companies´ ability to set the same.
NAHL slides despite confidence over government whiplash claims inquiry
Shares in NAHL Group were hit by the government's confirmation that it plans to clamp down on whiplash compensation and limit other small claims.
Federal Reserve needs to stay forward-looking, Yellen says
The Federal Reserve needs to remain "forward-looking" when setting policy and to be mindful of the risks that might be inherent in keeping interest rates low beyond their 'past due' date, the head of the US central bank said.
US initial jobless claims unexpectedly drop to 43-year low
One of the timeliest measures of the health of the US jobs market surprisingly tanked to a 43-year low last week, according to data published by the Labor Department on Thursday.
US weekly jobless claims drop like a stone
One of the timeliest gauges of labor market strength in the US dropped like a stone in the latest week.
Clinton says "divisions run deep" in first public appearance since election loss
Defeated US presidential candidate Hillary Clinton has made her first public appearance since her largely unexpected loss to Republican Donald Trump.
US core CPI dips unexpectedly in October
One of the most widely-followed measures of the cost of living Stateside undershort forecasts slightly in October.
Target plans hundreds of small-store openings
US retailer Target is planning to open hundreds of small-format stores across the country, as the company attempts to reshape its image and real estate assets.