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FTSE 250 movers: Frasers surges; Carnival cruises lower
London’s FTSE 250 was up 1% at 19,602. 10 in afternoon trade on Thursday.
FTSE 100 movers: Dechra in the dog house; 3i rallies
London’s FTSE 100 was down 0. 8% at 7,207. 25 in afternoon trade on Thursday.
US initial jobless claims come in hotter than expected
Americans filed new claims for unemployment benefits at an acceleratef clip in the week ended 16 July, jumping by 9,000 to 251,000, well above market expectations for a print of 240,000 and the highest since November 2021.
Amazon to buy primary care company One Medical in $3.9bn deal
Amazon has agreed to buy One Medical in a $3. 9bn cash deal.
Canaccord Genuity initiates coverage on eEnergy at 'buy'
Analysts at Canaccord Genuity initiated coverage on energy services provider eEnergy with a 'buy' rating and 15. 0p target price on Thursday, valuing the group squarely in the middle of its utility service peers in the UK.
Beazley chair David Roberts to step down in autumn
Beazley said on Thursday that chair David Roberts will be standing down from the board in autumn to take up the role of chair of the Court of the Bank of England.
Pfizer, Flynn fined £70m for price-gouging on epilepsy drug
The Competition and Markets Authority handed down £70m in fines to two pharmaceutical companies on Thursday, for charging hugely excessive prices for an anti-seizure drug.
Factory activity in US mid-Atlantic region falls unexpectedly in July, Philly Fed says
Factory activity in the US mid-Atlantic region weakened unexpectedly in July as the decline in new orders accelerated its recent fall, the results of a key survey revealed.
Asia report: Stocks mixed as BoJ stands pat on policy
Stock markets were mixed in Asia on Thursday, after the Bank of Japan sated expectations by sticking to its guns on monetary policy.
US pre-open: Futures in the red ahead of jobless claims, earnings
Wall Street futures were pointing to losses ahead of the bell on Thursday as market participants continued to thumb over earnings from some of the nation's biggest companies.
Workspace confident amid positive underlying demand
Flexible office provider Workspace Group reported “good” underlying levels of customer enquiries, viewings and lettings in its first quarter on Thursday, as like-for-like rent per square foot rose 2. 6% in the quarter to £38. 07.
London midday: Stocks stay down ahead of ECB; Howden bucks trend
London stocks were still in the red by midday on Thursday as investors waded through an avalanche of corporate updates, mulled the latest UK borrowing figures and looked ahead to the latest policy announcement from the European Central Bank.
Big Yellow pleased with first quarter revenue growth
Self-storage operator Big Yellow Group reported a 24% year-on-year improvement in first quarter total revenue on Thursday, to £45. 5m.
Berenberg lowers target price on Royal Mail
Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575. 0p to 480. 0p on Thursday but reiterated their 'buy' rating on the stock.
Close Brothers posts 'solid performance' in first 11 months
Merchant banking group Close Brothers reported a “solid performance” in the first 11 months of its financial year on Thursday.
IG Group reports strong year, launches £150m share buyback
Trading platform operator IG Group reported “another record performance” from continuing operations in its full-year results on Thursday, with net trading revenue rising 16% to £972. 3m, as it kicked off a £150m share buyback.
Fuller, Smith & Turner's sales recovery continues YTD
Pub landlord Fuller, Smith & Turner said on Thursday that its sales recovery was continuing, especially in the City and West End of London.
Bank of Japan keeps rates unchanged; lifts inflation forecast
The Bank of Japan kept interest rates unchanged on Thursday as expected, but lifted its inflation forecast and cut growth estimates.
UK public borrowing still above OBR forecasts in June
UK public sector borrowing came in below expectations for June, according to fresh figures on Thursday, but was still above the Office for Budget Responsibility (OBR) forecast.
Diploma delivers 'strong' Q3 performance, reiterates FY guidance
Technical products and services group Diploma said on Thursday that it has delivered a "strong" third-quarter performance, leaving the company confident in meeting its full-year guidance.