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US pending home sales drop less than expected in March
US pending home sales fell less than expected in March, according to data from the National Association of Realtors.
US open: Stocks edge higher despite doubts over Trump tax plans
Stocks managed to hold onto slight gains at the open as investors continued to mull over the White House's tax cut plans announced the night before amid a barrage of largely as expected economic data.
Harvey Nash shares up on overall strong FY performance
Shares in Harvey Nash are up more than 5% as its full-year pre-tax profit slipped to £8. 5m, from £9. 1m, albeit in an overall strong performance that saw higher revenue with an improved final dividend.
Character Group improves dividend as H1 revenue, pre-tax profit ease
Character Group improved its dividend as it posted falls in half-year revenue and pre-tax profit amid challenging market conditions.
Richoux posts FY loss, raises prospect of calling on shareholders for further funds
Shares in restaurant operator Richoux slumped more than a quarter as it raised the prospect of calling on shareholders for further funds.
FTSE 250 movers: Berendsen rallies on update but Fidessa slumps
London's FTSE 250 was down 0. 4% to 19,608. 09 in afternoon trade as investors chewed over corporate releases.
US initial jobless claims unexpectedly rise
The number of Americans filing for unemployment benefits unexpectedly rose last week, according to data from the Labor Department.
Brent futures drop after as Libya's Sharara oilfield comes back online
Crude oil futures dropped following a report that a key oilfield in Libya had restarted production.
FTSE 100 movers: Mediclinic surges on Abu Dhabi news; ex-divs weigh
London's FTSE 100 was down 0. 6% to 7,242. 05 in afternoon trade as investors sifted through corporate news and continued to digest Trump's announcement on tax reform.
Worsening consumer confidence threatens economic growth and Tory election result
British consumer confidence weakened over the last month even as business confidence strengthened, as both sides eyed rising inflation but softening economic growth.
Highland Gold posts solid first quarter production
Highland Gold Mining reported its operating results for the three months to 31 March on Thursday, saying total production at Mnogovershinnoye (MNV), Novoshirokinskoye (Novo) and Belaya Gora in the period was 65,243 ounces of gold and gold equivalent, up 14. 7% from 56,889 oz in Q1 2016.
Orders for US durable goods edge past forecasts in April
Orders for goods made to last more than three years edged past forecasts on the back of stronger demand for military aircraft.
Nu-Oil and Gas executes MoU with Calm Oceans
Nu-Oil and Gas's shares are up after Marginal Field Development Company (MFDevCo) Ltd executed a memorandum of understanding with Calm Oceans Pte Ltd (COPL) for the supply of production facilities under a lease arrangement to be entered into at a later stage.
Analysts divided on Trump tax cut proposals
Economists were optimistic that some form of tax relief would pass Congress in 2017, despite the lack of detail in the White House's proposals announced overnight.
BP to sell 50% stake in SECCO to Sinopec
Oil giant BP has agreed the sale of its 50% stake in the Shanghai SECCO Petrochemical Company to Gaoqiao Petrochemical, a subsidiary of Sinopec and BP's joint venture partner, for a $1. 68bn.
Synairgen's shares dive after AstraZeneca returns AZD9412 rights
Shares in Synairgen plummeted almost 50% after AstraZeneca opted to return rights on drug AZD9412 (inhaled interferon beta), which did not meet the pharma giant's predefined criteria for progression in a trial.
London midday: Stocks maintain losses but Lloyds bucks the trend
London stocks were still in the red by midday on Thursday, while the pound pushed to a week's high as investors continued to digest Donald Trump's tax reform announcement amid a slew of corporate releases.
Oxford Metrics confirms launch of Shogun motion capture platform
International software company servicing government, life sciences, entertainment and engineering markets Oxford Metrics announced the launch of Shōgun - a new Vicon motion capture software platform - on Thursday.
Trump backtracks on Nafta withdrawal vow in favour of renegotiation
US President Donald Trump has ruled out the departure of the country from the North American Free Trade Agreement, despite previously pledging to withdraw from the deal.
ECB keeps all rates on hold, leaves door open to further easing
The European Central Bank kept all its policy interest rates unchanged, reiterating that rates might yet go lower still and that quantitative easing could be extended beyond the current scheduled end-date of December 2017, if necessary.