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S&P reaffirms rating on Barclays but keeps negative outlook
Standard&Poor's reaffirmed its rating on Barclays's long-term debt, hailing progress on increasing the resilience of the franchise, but kept the outlook at negative due to the risks around the wider UK banking sector.
Electra confirms NAV after significant realisations
Electra Private Equity said its pro forma net asset value at the start of June was £769m after the 914p dividend it declared last week.
Banco Popular shares sink amid speculation it might be wound down
Shares in Banco Popular continued to reel as speculation mounted that it would not be able to find a buyer or that it might be forced into a deeply discounted rights issue.
G4S, Coats and Sirius Minerals enjoy promotion in FTSE 350 reshuffle
G4S and Segro will be added to the FTSE 100 index, FTSE Russell confirmed overnight, as Hikma Pharmaceuticals and Intu Properties are demoted to the FTSE 250.
London open: Stocks edge higher as UK politics remain the focus
London stocks edged higher in early trade, with the pound still firmly in focus as the latest poll suggested the Tory lead over Labour was continuing to shrink.
Johnson Matthey hikes dividend 'only' 5pc as final numbers divide analysts
Johnson Matthey posted solid growth in sales and profits for the year to 31 March, with revenue up 12% and profit before tax up 19%, helped by a big currency benefit - though some analysts and investors felt short changed by the guidance for the new year.
FirstGroup shares tank as board fails to reinstate dividend
Passenger transport operator FirstGroup published its preliminary results for the year to 31 March on Thursday, describing a “significant improvement” in operating results, though the lack of a dividend announcement saw its shares slide through the morning.
Derwent lets top two floors of White Collar Factory to Box.com
Derwent London has let the top two floors of the tower at White Collar Factory in London EC1 to cloud content management company Box. com for an initial rent of £2. 1m a year or £75 per square foot.
Eurozone manufacturing rises at fastest pace since April 2011 - Markit
Eurozone manufacturing production rose at the fastest pace since April 2011 in May, according to data released on Thursday.
Europe open: Stocks start higher, investors brush off weakness in bank shares
European stocks were higher in early trading despite the drag from a drop in lenders' shares, especially in Spain, as investors looked to US jobs data later in the day.
Micro Focus confirms HPE Software's improving margins, falling sales
Ahead of its agreed merger, Micro Focus International confirmed that US-based HP Enterprise Software saw margins improve but sales continue to drop off in the second quarter.
Genus pension fund partner to withdraw
Animal genetics company Genus issued an announcement to the market on Thursday morning, noting a release from National Milk Records on the NEX Exchange Growth Market.
Jimmy Choo hails strong trading in year to date
Luxury shoe retailer Jimmy Choo said it has trading strongly in the year to date, in line with management's expectations, with strong growth in all categories.
GVC completes sale of Kalixa Group
GVC Holdings confirmed the sale of its payment processing business, operating under the Kalixa Group banner, to Senjō Group on Thursday.
Lloyds completes purchase of MBNA credit card business
Lloyds Banking Group announced on Thursday that it had completed the acquisition of MBNA - the UK consumer credit card business - from FIA Jersey Holdings, a wholly owned subsidiary of Bank of America, following the receipt of regulatory and competition approval.
Auto Trader lifted by Barclays upgrade to 'overweight'
Auto Trader got a boost on Thursday as Barclays bumped the stock up to 'overweight' from 'equalweight' and lifted the price target to 470p from 425p ahead of the full-year results on 8 June.
Caixin China manufacturing PMI tips into decline in May
Factory activity in China's manufacturing sector tipped into decline last month, according to the most widely-followed survey tracking the sector's health.
UK house prices in reverse for third month in a row
UK house prices fell for the third month in a row in May, the first time this has happened since 2009, according to a survey from Nationwide published on Thursday.
Polymetal takes stake in Dolinnoye gold property to 50%
Polymetal increased its stake in the Dolinnoye gold property to 50% in a bid to strengthen the company's Varvara hub concept.
Ascential sells 11 remaining UK-based heritage brands for £23.5m
Business-to-business information company Ascential has sold its remaining 11 UK-based heritage brands to Metropolis International for £23. 5m in cash, which will be used to reduce its net debt.