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Asia report: Markets mixed as Toshiba considers semiconductor sale
Markets in Asia finished mixed on Thursday, with Japanese technology giant Toshiba plummeting over rumours it was looking at selling its semiconductor division.
US pre-open: Stocks seen touch lower ahead of BNY Mellon earnings, data
US futures pointed to a flat to marginally weaker open on Wall Street as investors awaited a slew of data releases and earnings from Bank of New York Mellon.
Liberum slashes Pearson price target after profit warning
Liberum slashed its price target on education publisher Pearson to 360p from 470p following the company’s profit warning in the previous session.
Tullow Oil tanks on HSBC downgrade
Tullow Oil tanked on Thursday after HSBC downgraded the stock to ‘hold’ from ‘buy’ but lifted the target price to 320p from 270p, saying the shares offer “limited upside”.
GlaxoSmithKline nabs Astra's Luke Miels to head global pharma
The president of GlaxoSmithKline’s global pharmaceuticals division, Abbas Hussain, is leaving the company later this year, to be replaced by AstraZeneca’s Luke Miels.
G4S boosted by Barclays upgrade
Security services company G4S got a boost after Barclays upped its stance on the stock to ‘equalweight’ from ‘underweight’ and hiked the price target to 260p from 160p.
Communisis finishes year in line with expectations
Personalised customer communication services provider Communisis posted its unaudited trading update for the year to 31 December on Thursday, with the company saying trading for the year ended in line with expectations.
AFH Financial buys IFA firms in Scotland and South West for £1.07m
AIM-listed wealth management company AFH Financial Group has bought independent financial advisory firms, Shield Direct and Aberdeen Wealth Management, for a collective £1. 07m.
Chemring swings to full-year profit
Defence group Chemring swung to a profit in the year to 31 October as revenue jumped.
Tritax Big Box 'well placed to capture growth' despite uncertain outlook
Tritax Big Box REIT, the FTSE 250 real estate investment trust investing in large retail distribution centres, said it was “well placed to capture growth” with growing occupier demand and constrained supply offering security to offset the uncertain economic conditions in Britain.
Greatland Gold may have found 'multiple million ounce' gold deposit
Explorer Greatland Gold said analysis of samples from recent drilling at its Ernest Giles project in Western Australia suggested there may be "multiple million ounce deposits" of gold.
Frontera Resources predicts greater output despite delay
Frontera Resources Corporation, an AIM listed independent oil and gas exploration and production company, has found greater potential for oil and gas recovery at the Taribani Field area despite production delays.
Halfords rallies as investors welcome special divi
Halfords surged on Thursday as it announced the payment of a special dividend following strong sales over the retailer’s key Christmas quarter and said it has bought a minority stake in mobile tyre fitting company TyresOnTheDrive. com.
RhythmOne buys rewards and engagement platform for $42.5m
Digital media firm RhythmOne has bought Perk, a Canada-based mobile-first rewards and engagement platform, for $42. 5m in order to strengthen its scale.
Netflix earnings impress as streaming subscriptions soar
Entertainment firm Netflix rose by 8% in after-hours trading following the release of its earnings for the final quarter of 2016, in which it also registered seven million subscriptions.
UK housing market activity falls in December, RICS says
Britain’s housing market “stuttered” in December as price growth slowed and the number of sales fell, according to a widely followed survey on Thursday.
Acacia achieves record gold production at Tanzania mine
Acacia Mining delivered strong fourth quarter gold production, which resulted in forecast-beating full year production at its Tanzania mine with costs towards the bottom of expectations.
Moneysupermarket expects revenue to grow after final quarter sales surge
Price comparison website Moneysupermarket. com expects revenue to increase 12% for the year, aided by a 20% growth in the final quarter of 2016.
BHP Billiton to settle $47bn Brazilian civil claim
Anglo-Australian miner BHP Billiton and its Brazilian iron-ore joint venture with Vale SA, Samarco Mineracao, have set a 30 June deadline with federal prosecutors in Brazil to settle a $47. 5bn claim related to a dam failure in November 2015 which killed 19 people.
Europe open: Stocks nudge higher ahead of ECB; Zodiac Aerospace rockets
European stocks nudged higher in early trade as investors looked to the latest rate announcement from the European Central Bank.