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IG Group sees 'exceptional' trading during GameStop frenzy
IG Group's revenue jumped in the third quarter amid high trading levels and a flurry of new customers in a period that included frenzied dealing in GameStop and other US stocks.
Ted Baker inks new territory licence deals
Fashion brand Ted Baker said on Thursday that it had secured new territory licence deals in order to enhance digital and asset-light growth.
LondonMetric sells portfolio of six retail assets
LondonMetric Property has sold a portfolio of long income assets to S&P 500 real estate investment trust Realty Income for £40. 9m, it announced on Thursday, reflecting a blended net initial yield of 5. 9%.
Go-Ahead lifts full-year expectations
Rail and bus operator Go-Ahead Group reported a fall in first-half profit on Thursday as fewer people used public transport due to the pandemic, but lifted its expectations for 2021 as it expects passenger numbers to recover once restrictions are eased.
Europe open: Shares make wary start to session ahead of ECB meeting
European shares rose slightly at the open on Thursday after Congress approved the $1. 9trn Covid stimulus package with investors keeping a wary eye on a European Central Bank policy meeting later in the day .
Derwent London earnings fall in 'unprecedented' year
Derwent London reported a negative total return of -1. 8% in its full-year results on Thursday, swinging from a positive 6. 6% in 2019, as its EPRA net tangible assets fell 3. 7% to 3,812p per share.
Helios Towers narrows FY losses as revenues grow
Telecommunications infrastructure company Helios Towers said on Wednesday that full-year adjusted underlying earnings and group revenues had both increased during the twelve months ended 31 December.
Playtech FY revenues 'severely impacted' by Covid-19 pandemic
Sports betting software provider Playtech said on Thursday that it had been "severely impacted" by the Covid-19 pandemic, with group-wide revenues dropping by a quarter as a result of a soft business-to-business performance.
London open: Stocks nudge higher on US stimulus, ahead of ECB
London stocks nudged higher in early trade on Thursday as investors welcomed news that Congress had backed a $1. 9trn US stimulus package, and looked ahead to the latest policy announcement form the European Central Bank.
Royal Dutch Shell taps former BHP CEO for chairman
Oil and gas giant Royal Dutch Shell said on Thursday that former BHP chief executive Andrew Mackenzie would take over as chairman following the group's May annual general meeting.
Marshalls lifts expectations after strong start to 2021
Landscape products company Marshalls reported a decline in full-year profit and revenue on Thursday as it took a hit from the Covid-19 pandemic, but lifted its expectations for 2021 following a strong start to trading.
WPP unveils £300m buyback after annual loss
WPP said it would buy back up to £300m of shares as the advertising group reported an annual loss caused by the Covid-19 crisis.
Trainline revenues derailed, but cash burn cut
Rail and coach ticket-selling platform Trainline reported a plunge in annual revenues as Covid lockdowns restricted travel, but said it had reduced monthly cash burn.
Spirent Communications posts rise in FY profit, declares special divi
Spirent Communications reported a rise in full-year profit on Thursday and declared a special dividend despite "a challenging environment" due to the Covid-19 pandemic.
London pre-open: Stocks seen up as US stimulus boosts sentiment
London stocks were set to rise at the open on Thursday as US stimulus boosts sentiment.
Thursday newspaper round-up: British manufacturers, Serco, City regulator
Three-quarters of British manufacturers are struggling to cope with delays in moving goods in and out of the EU amid continuing disruption caused by Brexit and the Covid pandemic, industry figures said. Two months after the UK left the EU on trade terms agreed by Boris Johnson’s government, research from the manufacturing trade group Make UK has shown that 74% of firms in a survey of more than 200 leading industrial companies are facing delays with EU imports and exports.
US close: Stocks mixed as House passes stimulus bill
Wall Street stocks finished mixed on Wednesday, as some modest inflation figures offset concerns around elevated bond yields.