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Europe midday: Stocks pare early losses, Dax outperforms
Stocks across Europe were trading lower on Thursday as investors' appetite for risk declined in the wake of declines on Wall Street and Asian indices overnight.
Gear4music H1 revenues down despite UK growth
Musical instruments retailer Gear4music reported a drop in interim revenues on Thursday despite seeing modest growth in the UK.
OnTheMarket to be taken over by CoStar in £99m deal
OnTheMarket said on Thursday that it has agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.
BofA ML reiterates 'buy' on Rightmove as shares tumble
Bank of America Merrill Lynch reiterated its ‘buy’ rating on Rightmove on Thursday as it awaited "further developments", after smaller rival OnTheMarket agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.
London midday: Stocks stay down on Middle East tensions; Rentokil tanks
London stocks were off earlier lows but still firmly in the red by midday on Thursday as tensions in the Middle East continued to dent sentiment.
RELX reports strong YTD revenue growth, reaffirms outlook
RELX posted bumper top-line growth for the year-to-date and reaffirmed its 2023 outlook.
Sabre raises guidance after growth accelerates in Q3
UK motor insurance group Sabre raised its full-year guidance on Thursday after a better-than-expected step-up in motor vehicle premium growth in the third quarter.
Asia close: Risk aversion hits stocks across the region
Stocks across the Asia Pacific region experienced sharp falls on Thursday, tracking losses overnight on Wall Street.
Assets under management jump at Man Group
Man Group, the world’s largest listed hedge fund, posted a jump in assets under management on Thursday.
Berenberg ups target price on 'top pick' Hollywood Bowl
Analysts at Berenberg raised their target price on ten-pin bowling centres operator Hollywood Bowl from 370. 0p to 400. 0p on Thursday, citing the group's "record results".
US pre-open: Stocks under pressure as bond yields close in on 5%
US stock markets were on track for their third straight day in the red as rising geopolitical tensions and elevated bond yields weighed on risk appetite, while investors digested a raft of mixed corporate earnings.
McBride trading ahead of expectations as customers turn to own brand goods
McBride shares surged on Thursday after the maker of own brand household goods said it had traded ahead of expectations in the first three months of the year as consumers increasingly turn to own brand products amid the cost-of-living crisis.
Hipgnosis launches strategic review
Hipgnosis Songs Fund is to launch a strategic review, the troubled music rights owner confirmed on Thursday, as it looks to win over shareholders ahead of a crucial vote.
Wet weather boosts Hollywood Bowl revenues
Ten-pin bowling centres operator Hollywood Bowl said on Thursday that full-year revenues had grown, thanks in part to the UK's wet summer.
Spectris share price has further to fall, says JPMorgan
Industrial equipment manufacturer Spectris's recent share price falls are not done yet, according to JPMorgan, which reiterated its 'underweight' position on the stock on Thursday.
LSEG sees annual growth towards top end of guidance
London Stock Exchange Group said on Thursday that full-year growth was set to be towards the upper end of guidance, as it posted a jump in third-quarter total income.
Nokia to cut up to 14,000 jobs after 5G slowdown
Swedish telecoms giant Nokia on Thursday announced plans to cut up to 14,000 jobs as part of a €1. 2bn cost savings programme over the next three years.
Rathbones Q3 inflows all but wiped out
Investment manager Rathbones said on Thursday that third-quarter flows were largely flat as a result of a "challenging market backdrop".
Hargreaves Lansdown new client growth slows, quarterly revenues rise
Financial services firm Hargreaves Lansdown said revenues had grown year-on-year in the three months ended 30 September, even as net new client numbers continued to fall.
Rightmove tumbles as OnTheMarket agrees £99m CoStar takeover
Rightmove tumbled on Thursday after smaller rival OnTheMarket agreed to be taken over by US commercial real estate information group CoStar in a £99m deal.