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Ophir Energy posts extensive update on passable year
Ophir Energy updated the market on its asset portfolio and trading for the year to 31 December on Thursday.
Nyota Minerals' Big Dish expands into China
Nyota Minerals, an AIM listed exploration and development of resource projects, has provided an update on its potential acquisition of online reservation platform BigDish Ventures.
Hilton Food performs a little better than expected in 2016
Meat packing business Hilton Food Group said it performed slightly better than it had expected in the year to 1 January thanks to growth in a number of markets and the positive impact of foreign currency translation.
Trump plan to hand business to sons 'fails to remove conflict of interest'
The head of the US Office of Government Ethics has launched a stinging criticism of president-elect Donald Trump's plans to leave his business interests in the hands of his sons Donald Junior and Eric.
London midday: Pharmaceuticals under the cosh in slightly weaker UK market
London stocks dipped on Thursday, with pharmaceutical shares under pressure after US President-elect Donald Trump promised to lower drug prices at a key news conference.
Europe midday: Healthcare stocks weaken; commodities benefit from dollar dive
European stocks were a touch lower, with healthcare shares under the cosh after Trump bashed the sector in his news conference on Wednesday, but commodities higher on the back of a falling dollar.
Liberum sees market as 'overly pessimistic' on builders merchants
Against the backdrop of a "patchy" construction sector, broker Liberum highlighted Howden Joinery as its top pick and downgraded building materials suppliers Wolseley to 'hold' and SIG and 'sell' on valuation grounds.
STM Group trades in line with market expectations
Cross-border financial services provider STM Group announced a pre-close trading update on Thursday, with the board reporting that the group traded in line with market expectations of profit before tax of £2. 7m for 2016 - precisely in line with 2015’s result.
Bango doubles revenue as mobile end user spend increases
Mobile payments company Bango doubled its sales last year as end user spend though its payments platform soared, while operating expenses were in line with expectations.
M&S clothing sales finally bounce as Rowe's plans take effect
Marks & Spencer posted a strong third quarter trading update, including a long-awaited sales increase from its troubled clothing business, as the retailer continues to roll out chief executive Steve Rowe's five-year plan to improve productivity.
The Gym Group FY revenue up as it opens 15 new sites
The Gym Group reported total revenue growth of 22. 6% in the year ended 31 December as it opened 15 new gyms.
US pre-open: Stocks seen lower as investors eye speeches from Fed officials
US futures pointed to a softer open on Wall Street as investors continued to mull over President-elect Donald Trump’s press conference a day earlier, ahead of a raft of Fed speeches.
Asia report: Trump's hot air sees markets finish mixed
Markets in Asia were mixed on Thursday, with Japanese shares falling as the yen strengthened against a Trumped-down dollar.
John Lewis to cut staff bonus due to challenging outlook
Retailer John Lewis warned on Thursday that its staff bonus in March was likely to be “significantly lower” than last year given the challenging market outlook and the importance of investment for the future, as it posted a rise in total sales for the six weeks to the end of December.
Tertiary Minerals trips after delaying Swedish fluorspar project
Shares in Tertiary Minerals fell as the explorer said there had been development delays to its most advanced fluorspar project in Sweden.
Tesco regains market share as fresh food offer boosts Christmas
Tesco notched an eighth consecutive quarter of like-for-like growth and its first quarterly market share gain in five years.
Victoria appoints Philippe Hamers as CEO
Flooring manufacturer Victoria appointed industry veteran Philippe Hamers as chief executive and a director of the board, effective from 20 March.
Deutsche Bank upgrades European Staffing as industry looks up
Deutsche Bank has upgraded the European staffing sector to ‘hold’ from ‘sell’ due to a lack of negative catalysts in the industry.
Eurozone industrial production stronger than expected in November
Eurozone industrial production rose more than expected in November, according to the latest data from Eurostat.
Direct Line's shares fall as Macquarie cuts rating to 'underperform'
Direct Line Insurance Group’s shares declined on Thursday after Macquarie Research downgraded the stock to ‘underperform’ from ‘neutral’ and cut the target price to 345p from 295p.