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UK services PMI improves as prices surge
UK services activity continued to gently improve last month amid the fastest increase in average prices for three months, according to a widely followed survey released on Thursday.
Purplebricks shares recovering after criticism on BBC
Online real estate group Purplebricks was forced to respond to some serious falls in its share price on Thursday, after two BBC programmes critical of the company saw its stock fall 7% on Wednesday.
Ebiquity confident on hitting targets despite slack US performance
London based marketing and media analytics firm Ebiquity stated that it is expected to make good on its 2017 targets.
Berenberg upgrades Plus500 to 'buy'
Berenberg upgraded its rating on Plus500 to 'buy' from 'hold' and lifted the price target to 725p from 560p as it said cash flows could be undervalued and the group's first-half results on 7 August could beat expectations.
Euro area economic activity cools slightly in July, PMIs show
Economic growth in the Eurozone cooled a tad last month but nevertheless continued to grow at near its fastest pace in six years, the results of a widely-followed survey showed.
US sanctions on Russia amount to 'trade war', Medvedev says
Russian prime minister Dmitry Medvedev has criticised new sanctions imposed on the country by the US, equating them to the declaration of a 'full-scale trade war'.
Europe open: Markets cautious ahead of BoE decision
European markets were trading on the backfoot as traders kept a wary eye on the Bank of England ahead of its interest rate decision at noon and the monthly US jobs report due out the following day.
Inmarsat sales soften in second quarter, guidance maintained
First half results from Inmarsat showed sales growth slowed slightly and profits declined in the second quarter but the satellite operator kept full year guidance unchanged.
London open: Stocks steady as investors eye BoE announcement
London stocks were steady in early trade on ‘Super Thursday’ as investors awaited some key data on the UK services sector and a rate announcement from the Bank of England.
UDG Healthcare claims good third quarter performance
International healthcare services provider UDG Healthcare said its group trading performance for the quarter to 30 June had been “good” on Thursday, with revenue and adjusted profit before tax ahead of the same quarter last year.
Premiums and profits improve handsomely at esure
Gross written premiums at esure Group were up 22. 8% in its first half at £393. 3m, it reported on Thursday, with in-force policies rising 8. 8% to 2. 258 million.
Solid gold production sees Centamin earnings rise
Centamin saw gold production of 124,641 ounces in its second quarter of the year, it said on Thursday, which was a 14% increase on the first quarter and 11% lower than Q2 2016.
Revenue and earnings take a dip at Serco
Revenue at Serco fell slightly in the first half to £1. 51bn from £1. 52bn, it said on Thursday, although its reported revenue from continuing operations only rose to £1. 51bn from £1. 49bn.
Aviva hoists dividend as growth comes from all quarters
Aviva hiked its dividend 13% as the life insurer posted first half results that were slightly better than expected, with progress coming across the group and strong growth from its smaller fund management and general insurance arms.
Ferrexpo revenue and earnings up as pellet production falls
Ferrexpo saw its revenue rise 29% to $591m in its first half, it said on Thursday, while its C1 cash cost was 23. 7% ahead at $31. 70 per tonne.
Cobham first-half profit grows amid turnaround
Aerospace and defence group Cobham said on Thursday that it swung to an operating profit in the first half as revenue grew.
Earnings rise at LSE as it continues expanding
London Stock Exchange group reported “strong financial performance” in its first half on Thursday, with income growth across all business areas and 23% AEPS growth.
Randgold Resources posts solid first half numbers
Randgold Resources said it sustained its “strong performance record” on Thursday, with second-quarter results that its board claimed positioned it well to achieve its guidance for 2017.
Mondi profit drops in first half
Paper and packaging company Mondi reported a drop in first-half profit on Thursday, mainly due to a significantly lower forestry fair value gain in South Africa and the impact of mill maintenance shutdowns.
ConvaTec earnings slide as it focuses on margin improvement
Medical products and technologies company ConvaTec saw group reported revenue rise 0. 3% in its first half to $831. 3m, it reported on Thursday, with constant exchange rate growth sitting at 2. 1% and organic growth of 1. 5%.