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Weatherly International updates on Tschudi production as H1 loss steady
Weatherly International said output was 8137 tonnes of copper cathode from the Tschudi mine in Namibia in the half-year to end-December 2016, with production C1 costs at $4603 a tonne.
FTSE 250 movers: Morgan Advanced Materials rallies, Halfords skids on downgrade
London's FTSE 250 was up 0. 3% to 18,733. 50 in afternoon trade, with investors sifting through corporate news.
Broker tips: Halfords, Inmarsat, Hays
Halfords slumped on Thursday as Peel Hunt downgraded its stance on the stock to ‘sell’ from ‘hold’ and cut the price target to 325p from was 350p.
Prolonged period of special dividends ahead at Hays, Credit Suisse says
Analysts at Credit Suisse bumped up their recommendation on shares of Hays, hailing the firm´s growth prospects, cash generation ability and the likelihood of a prolonged period of special dividends.
Results round-up: Barclays, BAE Systems, Centrica, BAT
Barclays posted fourth-quarter results shy of consensus and cut its dividend, as expected, but said it would complete its restructuring six months earlier than previously planned.
Conygar Investment Company to sell property portfolio for £130m
AIM-listed Conygar Investment Company is to sell its investment property portfolio to Regional Commercial Midco (RCM) for £129. 8m, a modest premium to the portfolio’s valuation of £129. 51m at end of last September.
US initial jobless claims rise more than expected
The number of Americans filing for unemployment benefits rose more than expected last week, according to data from the Labor Department.
Industry bodies to collaborate on superfast 5G mobile
Superfast 5G mobile services, with speeds rivalling those of fully-fledged fibre optic connections, were one step closer on Thursday, with a landmark agreement announced between two of the world’s leading mobile industry bodies.
Stellar Diamonds raises funds in placing, open offer
West Africa-focused Stellar Diamonds has conditionally raised about £324,500 by way of a scaled-back placing of 5. 9m shares at 5. 5p each.
Tristel lifts H1 pre-tax profit more than threefold
Shares in Tristel are up 10% after reporting a more than threefold increase in its first-half pre-tax profit, with revenue above its targeted range.
StatPro ups stake in Infovest Consulting to almost 75%
StatPro Group has upped its stake in South Africa-based Infovest Consulting (Pty) Ltd to 72. 7%, from 51. 0%, for about 19. 1m rand, or roughly £1. 2m.
Europe midday: Stocks flat after weak data in Germany, China
Europe's main stock market benchmarks were flat come midday Thursday as traders weighed a dip in German consumer confidence versus some positive news out of France.
UK net migration falls by 49,000 to below 300,000
Net migration to the UK fell by 49,000 to 273,000 in the year to September, official figures revealed on Thursday – the first to show the impact of the Brexit vote.
TFA expected to boost global trade by $1trn as agreement comes into force
A global trade agreement introduced by the World Trade Organisation which comes into effect on Thursday is expected to boost the global economy by $1trn per year.
North Korea demands end to Kim Jong-nam death investigation
Malaysia has been accused by North Korea of behaving in a "sinister" way after opening an investigation into the assassination of leader Kim Jong-un's brother, Kim Jong-nam.
NAHL Group rallies on MoJ personal injury claims changes
NAHL Group, the AIM-listed owner of the National Accident Helpline, saw its shares jump following press reports on the Ministry of Justice's proposed changes to personal injury claims.
Challenger bank Monzo raises £20m
Technology-focussed challenger bank Monzo revealed details of a mammoth new funding round on Thursday, confirming details that had been circulating in City chatter since earlier in the week.
London midday: Stocks drift amid avalanche of earnings
London stocks drifted modestly lower on Thursday as investors sifted through an avalanche of corporate news and digested the latest retail sales figures from the CBI and overnight minutes from the Federal Reserve.
Monitise reduces H1 loss thanks to hefty drop in impairments
Digital technology group Monitise has substantially reduced its first-half pre-tax loss, thanks to a hefty drop-off in impairments, and says its transformation programme is nearing completion.
RSA Insurance full year profits up 25%; raises cost cuts target again
RSA Insurance reported a 25% jump in full year operating profits to £655m as it lifted its annualised cost savings target for the third time to more than £400m from £350m.