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Marks Electrical reiterates full-year targets despite profits slide
Marks Electrical Group reported a fall in half-year profits on Thursday, despite stronger revenues, after higher costs weighed heavily.
Halfords said to be joining suitors for online retailer Wiggle
Halfords is reportedly joining a peloton of suitors for the stricken online retailer Wiggle.
RBC Capital Markets hikes target price on Lancashire Holdings
Analysts at RBC Capital Markets hiked their target price on insurance firm Lancashire Holdings from 800. 0p to 825. 0p on Thursday following the group's recent capital markets day event.
Macy's beats Wall Street expectations in third quarter
American department store chain Macy’s topped Wall Street expectations for its third-quarter results on Thursday, primarily driven by inventory management and improved margins.
Friday preview: UK retail sales, central bank speakers in focus
Investors' focus at the weekend will remain on the UK with the monthly retail sales report due out before the start of the session.
Reverse takeover talks at Amigo called off
Talks about a potential reverse takeover of Amigo Holdings have failed, the ailing mid-cost lender confirmed on Thursday.
Europe midday: Stocks mostly lower as optimism cools off
European stocks were mostly lower on Thursday as mixed corporate earnings and a lack of economic data prompted a risk-off approach to trading in the wake of big gains over recent sessions.
US pre-open: Futures trade lower following Thursday's solid gains
Wall Street futures were pointing to a negative opening ahead of the bell on Thursday after recording solid gains in the previous session.
Royal Mail parent IDS sees first-half losses jump
International Distributions Services, the holding company of Royal Mail and GLS, saw losses more than double in the first half as lower parcel volumes and a pay settlement with workers dented the bottom line.
Ofgem launches review into energy bill standing charges
Energy regulator Ofgem announced a comprehensive review into standing charges on electricity and gas bills on Thursday.
London midday: Stocks fall as Burberry slides on sales warning
London stocks had fallen into the red by midday on Thursday after three days of gains, with luxury fashion brand Burberry pacing the decline after a sales warning.
Assura swings to IFRS loss despite rise in passing rent
Primary care property investor Assura reported a 2% improvement in its passing rent roll in its interim results on Thursday, to £146. 9m, with a weighted average unexpired lease term (WAULT) of 11 years.
JP Morgan sees no upside at B&M after 'unexciting' first half
JP Morgan has reiterated an 'underweight' rating and 550p target price for discount retailer B&M European Retail after an "unexciting" set of first-half results last week.
Liontrust swings to statutory loss as assets under management slide
Liontrust Asset Management reported a 9% fall in first-half gross profit on Thursday, at £98. 6m.
Kier makes strong start to FY24
Construction group Kier said it had made a good start to the current financial year, trading above the prior period and in line with internal expectations.
Asia report: Markets fall as investors watch Biden-Xi meeting
Hong Kong stocks led declines in the Asia-Pacific region on Thursday, influenced by a dip in electric vehicle stocks, particularly Xpeng.
Young's to buy City Pub Group in £162m deal
Young & Co’s Brewery said on Thursday that it has agreed to buy City Pub Group for around £162m.
Syncona net asset value falls, co-founder steps down
Life science specialist Syncona reported a net asset value of £1. 2bn at the end of its first half on Thursday, down from £1. 25bn on 31 March, with a net asset value return of -4. 2% during the period.
Energean reiterates full-year production targets
Energean said it remained on track to meet full-year production targets on Thursday, despite the outbreak of war in Israel.
Siemens predicts slowdown after record Q4
Shares in Siemens AG surged over 5% in Frankfurt on Thursday after the German tech and industrial conglomerate exceeded analysts' forecasts with a record fourth quarter, with investors shrugging off predictions of a slowdown in the coming 12 months.