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US close: Stocks mixed as jobless claims surge
Wall Street stocks displayed a mixed performance on Thursday, following a day of robust gains in the previous session.
London close: Stocks sink after three days of gains
London markets ended in negative territory on Thursday, reversing a three-day winning streak.
Broker tips: Babcock, Lancashire, B&M European Retail
Bank of America Merrill Lynch reiterated its 'buy' rating on Babcock International on Thursday while trimming its price target on the stock.
Europe close: Falling luxury and oil stocks push markets lower
European investors adopted a cautious approach on Thursday after three straight days of gains, as mixed corporate earnings and heavy falls from luxury and oil stocks weighed on markets.
Director dealings: FD Technologies CEO makes share purchase
FD Technologies revealed on Thursday that chief executive Seamus Keating had acquired 10,500 ordinary shares in the AIM-listed software firm.
Samsung confirms data breach involving UK customer details
Technology giant Samsung Electronics confirmed a data breach on Thursday that led to the unlawful acquisition of the personal contact information of some of its UK customers.
Sector movers: Stocks slip amid poor company results on either side of the Pond
Stocks gave back some ground on Thursday, partly due to many names going ex-dividend, but the downdraft in shares of Burberry highlighted the difficult trading conditions faced by some companies operating in China and the U. S. , the world's two largest economies.
FTSE 250 movers: GPE and Babcock retreat
London’s FTSE 250 was down 1. 5% at 18,393. 54 in afternoon trade on Thursday.
US open: Major indices trade lower as jobless claims hit three-month high
Wall Street stocks were in the red early on Thursday after recording solid gains in the previous session.
BofA trims Babcock price target, reiterates 'buy' rating
Bank of America Merrill Lynch reiterated its ‘buy’ rating on Babcock International on Thursday while trimming its price target.
US industrial production down in October as auto strikes limit output
Industrial production in the US declined more than expected in October, according to data out Thursday from the Federal Reserve, as auto factory strikes weighed on output.
CMA warns Wowcher over selling tactics
The regulator has called on online platform Wowcher to change its selling practices or face court action.
Philly manufacturing contracts again in November
Manufacturing activity in the Philadelphia region contracted again in November but by less than expected, according to the Philly Federal Reserve.
FTSE 100 movers: Burberry tanks on sales warning; Halma rallies
London’s FTSE 100 was down 0. 8% at 7,426. 93 in afternoon trade on Thursday.
Gunsynd pays first tranche of Metals One farm-in
Gunsynd announced a significant step in its conditional farm-in agreement with Metals One on Thursday, which was first announced on 21 June 2022.
MaxCyte joins Alliance for mRNA Medicines
Cell engineering company MaxCyte announced its membership in the Alliance for mRNA Medicines (AMM) as a founding member on Thursday.
Craneware reports sustained financial performance
Healthcare software specialist Craneware reported sustained positive financial and operational performance in the new financial year on Thursday.
Restore confident despite tougher trading conditions
Digital and information management specialist Restore described resilient trading in an update on Thursday, with growth in various segments of its operations.
US jobless claims hit highest level in almost three months
Americans filed unemployment claims at an accelerated clip in the week ended 11 November, hitting their highest level in almost three months.
Walmart sales top expectations, outlook less optimistic than hoped
Shares in Walmart were in the red on Thursday after the big-box retail giant provided a less optimistic outlook for 2023 than market consensus despite exceeding profit and sales expectations in the third quarter.