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Brooks Macdonald hikes dividend even as profit slips
Brooks Macdonald reported funds under management of £16. 8bn in its final results on Thursday, making for a 7. 5% increase from the prior year's £15. 7bn.
Lidl swings to annual loss on higher costs
Lidl GB has swung to a £76m annual loss, the German discounter confirmed on Thursday, as its rapid expansion and investment in pricing pushed up costs.
Focusrite set to report solid full-year growth
Music and audio hardware specialist Focusrite said in a trading update on Thursday that, even with adverse market conditions, especially in the Asian region, it saw significant growth compared to its performance before the pandemic.
London midday: FTSE racks up strong gains as miners rally
London stocks had powered higher by midday on Thursday, led by the mining sector, as investors mulled the latest UK house price data and eyed a policy announcement from the European Central Bank.
Europe midday: Shares rally ahead of ECB decision
European shares extended gains on Thursday as investors awaited the latest rate decision from the European Central Bank and digested Wednesday's US inflation reading.
THG shares tank on weaker revenue, wider losses
Shares in UK online retail platform THG tanked on Thursday as the company's first half pre-tax losses widened and revenues slipped.
US pre-open: Futures rise ahead of retail sales, Arm IPO
Stock futures were rising on Wall Street on Thursday as investors awaited a key retail sales report and a hotly anticipated initial public offering from Arm.
Entain shares still good value despite "anaemic" first half, says HSBC
HSBC has slashed its target price for Entain after an "anaemic" first half from the gambling company, but believes that the stock still offers good value, keeping its 'buy' rating.
The Range to snap up Wilko brand
Homeware specialist The Range is to buy the brand and website of collapsed retailer Wilko, it was confirmed on Thursday.
Asia report: Most markets rise on back of US inflation reading
Markets across the Asia-Pacific region experienced a largely positive day on Thursday after US inflation rates for August exceeded predictions.
Kier planning to restart dividends after year of growth
Infrastructure and construction services specialist Kier Group reported a 4. 6% improvement in revenue in its full-year results on Thursday, hitting £3. 41bn and an adjusted operating profit of £131. 5m, making for a 9. 1% increase.
IG Group puts in "resilient" Q1 performance, says Shore Capital
Shore Capital has reiterated its 'buy' recommendation for shares of IG Group after the online trading platform's "resilient" first-quarter performance, estimating a big share-price recovery.
Hipgnosis to sell $465m of songs to fund share buyback, reduce debt
Hipgnosis Songs Fund said on Thursday that it has agreed to sell some catalogues to a partnership between its investment adviser and funds advised by Blackstone for $465m in order to fund a share buyback programme and reduce debt.
John Lewis turnaround delayed by two years
The John Lewis Partnership has pushed backed its recovery plan by two years, blaming record levels of inflation.
Bitcoin resists after U.S. authorizes FTX´s crypto liquidation
The cryptocurrency market is resisting. Bitcoin (BTC) rises moderately in the last 24 hours and remains above $26,200, while Ethereum (ETH) hovers around $1,620.
Spire Healthcare posts strong first-half growth
Independent hospital operator Spire Healthcare Group reported 13. 1% growth in first-half revenue on Thursday, to £676. 5m, amid high demand for its services.
Gemfields shares drop as H1 profits sink
Shares in Gemfields tanked on Thursday morning after the gemstones miner and Fabergé owner said both revenues and profits in the first half were down sharply on last year.
Deliveroo rallies as activist investor Sachem Head said to have taken stake
Deliveroo shares shot higher on Thursday following a report that activist investor Sachem Head Capital Management has taken a stake in the food delivery firm.
London open: Stocks edge up ahead of ECB; RICS survey in focus
London stocks edged up in early trade on Thursday as investors mulled the latest UK house price data and eyed a policy announcement from the European Central Bank.
Europe open: Shares up as investors eye ECB rate decision
European shares opened slightly higher on Thursday as investors awaited the latest rate decision from the European Central Bank and digested Wednesday's US inflation reading.