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Improved upstream performance, asset disposals boost profits at Shell
A better performance at its upstream division, together with continued asset disposals, buoyed Royal Dutch Shell's bottom line during the second quarter of 2017.
Diageo FY operating profits up on forex, organic growth
Drinks company Diageo served up a strong shot of revenue and earnings growth for the year to 30 June, beating expectations as it was boosted by favourable exchange rates and accelerated organic growth.
Credit Suisse hails Compass's outlook in US, cash return potential
Credit Suisse bumped up its target price on Compass's shares, highlighting the company's strong organic growth in developed markets, especially in the US.
CMC Markets hits seven month high thanks to 'premium' focus
CMC Markets reported higher revenues for the first quarter of its financial year as a 1% drop in active spread-betting and CFD client numbers was offset by a 9% increase in revenue per client.
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.
Glencore first half copper production falls 9%
Mining conglomerate Glencore said first half own-sourced copper production fell 9% to 642,900 tonnes.
Artificial intelligence 'Albert' to tackle marketing challenges down under
Albert Technologies has entered a strategic partnership with an unnamed “leading business services group”, it announced on Thursday, in a bid to make its artificial intelligence-based marketing platform ‘Albert’ available in the Australia and New Zealand markets.
Citi stays at 'sell' on Fresnillo ahead of 1H numbers
Analysts at Citi stuck by their 'sell' recommendation on Fresnillo stock, pointing to the shares' "expensive" valuation and inability to boost cash returns beyond the "normal" payout.
Intu Properties net rental income fall but seen levelling off
Intu Properties, the shopping centre owner, maintained its first-half dividend as it reported a flat net asset value and a fall in net rental income.
Asia report: Markets higher as Fed stands pat
Markets in Asia finished positive on Thursday amid a wave of corporate earnings, while traders had a chance to digest the Federal Reserve’s decision to stand pat on interest rates overnight.
London midday: Stocks little changed as pound hits 10-month high versus dollar
London stocks were just a touch higher by midday on Thursday as investors plodded through a massive but mixed salvo of company results, while the pound surged against the dollar after the Federal Reserve sounded a more cautious note on inflation.
Walkie Talkie building sold to Hong Kong's LKK Health Products for £1.3bn
London's iconic Walkie Talkie building has been sold to Hong Kong's LKK Health Products Group by Land Securities and Canary Wharf Group for £1. 28bn, marking the largest ever transaction in the UK for a standalone office building.
Europe midday: AstraZeneca, Deutsche Bank hold indices back
Europe's main equity gauges were slightly off balance due to large falls in shares of AstraZeneca and Deutsche Bank, even as the Greenback slipped to a close to two-year low.
Countryside Properties house completions and selling prices surge
Housebuilder and urban regeneration specialist Countryside Properties reported strong growth in its third quarter of its financial year, though its shares were caught up in renewed angst about the housing sector.
US pre-open: Stocks seen higher; Nasdaq to outperform on Facebook earnings
US futures pointed to a firmer open on Wall Street on Thursday, with the tech-heavy Nasdaq likely to outperform following a solid set of earnings from Facebook.
Retailers enjoy sales boost from weather in July - CBI
Further survey data emerged to support reports that UK retailers are enjoying the summer, the CBI's Distributive Trades Survey said on Thursday.
Facebook profits rocket 71% as ad revenue continues to drive growth
US social media giant Facebook surged to record prices in after-hours trading following its report of a 71% rise in its profits for the second quarter.
Anglo American resumes dividend payments early as net debt falls
Anglo American said on Thursday that it was resuming its dividend payments early after it managed to reduce its debt to well below its year-end target, as it reported a 68% jump in earnings.
Just Eat lifts FY revenue guidance after strong first half
Just Eat bumped up its revenue guidance for this year on Thursday as it posted a 44% jump in revenue for the first half.
Weir Group misses second quarter profit forecasts, confident on full-year
Weir Group saw a sharp improvement in top-line growth driven by its Oil & Gas division - together with a favourable tailwind from foreign exchange rates - with management sounding a confident note on the full-year outlook.