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Results round-up
Royal Mail reported a 25. 5% jump in full-year pre-tax profit as revenues nudged higher, although the group did caution that sales in the UK are likely to fall.
Manufacturing activity in US mid-Atlantic region picks up sharply in May
Factory activity in the US mid-Atlantic region accelerated sharply in May as shipments picked-up, the results of one of the most widely-followed surveys for the sector revealed.
Goldman Sachs raises ABF target price
Analysts at Goldman Sachs raised their target price on shares of Associated British Foods, pointing to the company's differentiated positioning and potential upside from its Click & Collect model to back up their case.
Initial US weekly unemployment claims fall further
Two key indicators of the US labour market tightened further last week.
US pre-open: Stocks set for slightly lower start
Wall Street's main equity gauges are being called to start the session down by roughly a quarter of a percentage point on average amid continued heavy scrutiny of events on Capitol Hill by the media, although some traders cautioned against jumping to conclusions.
Trump campaign had 18 undisclosed Russia contacts - Reuters
US President Donald Trump and his campaign had as many as 18 undisclosed contacts with Russian officials during last year's election, Reuters has reported.
Facebook fined £95m by EU over Whatsapp merger
The EU's executive branch has continued its crackdown on US tech firms after fining Facebook €110m (£95m) for providing misleading information during its acquisition of popular messaging app Whatsapp in 2014.
Europe midday: Investors wary other shoe about to drop
European stocks are near their worst levels of the day as investors wait for the proverbial 'other shoe' to drop in Washington.
Asia report: Markets lower despite Japan GDP growth
Markets in Asia finished lower on Thursday, once again taking their cues from Wall Street overnight as political tension around Trump’s leak of classified information to Russian officials and the investigation into links between his presidential campaign and Russia.
UK April retail sales rise 2.3%
UK April retail sales rose by an above expected by 2. 3% compared to a 1. 4% fall in March, the Office for National Statistics said.
Tory social care plan will leave elderly 'helpless', says former govt adviser
Thousands of elderly people will be left “helpless” under Conservative manifesto plans forcing them to pay for their own social care, said the author of a report into the issue under the last coalition government.
London midday: Stocks extend drop as scrutiny of Trump contacts with Russia intensifies
London stocks are near their worst levels of the day on the heels of a report that advisers to US president Donald Trump had multiple contacts with Russian officials and others with ties to the Kremlin in the run-up to the 2016 elections.
Deutsche Bank hikes target price on Sophos Group
Analysts at Deutsche Bank hiked their target price on shares of Sophos Group on the heels of management's upbeat medium-term guidance and given the company's "highly predictable" subscription-based model.
Experian lifts FY profits by 11%, announces $600m share buyback
Information services company Experian reported an 11% rise in profit for the year to the end of March as it announced a $600m share buyback for full-year 2018.
Cairn Energy posts positive results from Senegal well
Cairn Energy announced the results of another successful appraisal well offshore Senegal on Thursday.
Non-tobacco sales underpin growth at Booker
Wholesaler Booker Group posted its final results for the 52 weeks to 24 March on Thursday, with sales rising 6. 7% to £5. 3bn, consisting of 8. 7% growth in non-tobacco sales, and 2. 4% growth in tobacco sales.
Cineworld revenues rise as fans flock to films
Movie screen operator Cineworld said revenues rose 15. 8% on a constant currency basis for the January 1 to May 11 period.
Bumper summer bookings help narrow losses for Thomas Cook
Holiday operator Thomas Cook posted its half-year results for the six months to 31 March on Thursday, reporting like-for-like revenue up 3% to £2. 99bn, which the board said reflected strong winter demand to Spain and long-haul destinations.
London open: Shares weaker on stronger pound, Trump impeachment concerns
London stocks opened weaker on Thursday, taking their cue from a stronger pound and downbeat sessions in the US and Asia amid growing concerns that US President Trump could be impeached.