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US close: Stocks edge higher ahead of PCE data, but Walgreens tanks
US stocks closed with minor gains on Thursday with investors showing caution amid a barrage of mixed economic data ahead of Friday's key PCE inflation report.
Friday preview: US, euro area inflation data in focus
All eyes at the end of the week will be on the latest inflation prints due out on either side of the Atlantic.
Broker tips: Anglo American, Rio Tinto, Liontrust Asset Management
Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
Deutsche Bank keeps Liontrust Asset Management at 'sell', lists negatives
Analysts at Deutsche Bank stood by their 'sell' recommendation and 600. 0p target price on shares of Liontrust Asset Management following the firm's final results published the day before.
Director dealings: Cake Box, QinetiQ chief executives disclose deals
Two director dealings disclosed to the market on Thursday involved the chief executives of Cake Box Holdings and QinetiQ Group.
Europe close: Regions mixed, but Stoxx 600 ends firmly lower
Poor economic data and uncertainty ahead of next week's French elections weighed heavily on European markets on Thursday, with the Stoxx 600 index falling 0. 4% by the close to its lowest level in eight sessions.
Walgreens shares plunge as pharmacy chain slashes profit forecasts
Shares in Walgreens Boots Alliance plunged on Thursday morning in New York after the pharmacy retail chain lowered its full-year profit guidance which it blamed on challenging industry trends and a worse-than-expected consumer environment in the US.
London close: Stocks mixed ahead of key UK, US data
London stocks ended Thursday's trading session with a mixed performance as market participants awaited crucial US inflation data and UK GDP figures set to be released later in the week.
Polar Capital assets under management rise
Polar Capital announced 14% growth in assets under management (AuM) for the financial year ended 31 March on Thursday, to £21. 9bn.
Berenberg downgrades Anglo American, Rio Tinto
Berenberg downgraded Anglo American and Rio Tinto on Thursday as it took a look at metals and mining companies.
Advanced Medical Solutions takeover of Peters gets French approval
Advanced Medical Solutions announced on Thursday that it has received regulatory approval for its acquisition of Peters Surgical.
US open: Stocks inch higher as investors weigh economic data
US stocks inched higher on Thursday though gains were only modest as investors weighed a barrage of incoming economic data that painted a mixed picture of the American economy.
James Latham revenue falls amid weaker markets
James Latham reported a revenue decline of 10. 2% for the financial year ended 31 March on Thursday, to £366. 5m, down from £408. 4m the prior year.
FTSE 100 movers: DS Smith rallies as Suzano abandons IP pursuit; GSK tumbles
London’s FTSE 100 was down 0. 2% at 8,211. 88 in afternoon trade on Thursday.
Europe midday: EZ survey data hits Stoxx; WoS surges on results
European shares turned red on Thursday as investors digested weaker-than-expected eurozone economic sentiment data, while shares in Swedish fashion chain H&M slumped on poor sales figures.
FTSE 250 movers: WoS ticks along; Currys slides despite AI hopes
FTSE 250 (MCX) 20,340. 24 0. 21%.
Harworth Group selling Leeds site to Microsoft for £106.6m
Harworth Group announced on Thursday that it has exchanged contracts for the conditional sale of 48 acres of land at its Skelton Grange site in Leeds for £106. 6m.
US jobless claims fall for second week
Claims for unemployment benefits in the United States fell slightly last week, though continuing claims rose more than forecast, according to data from the Department of Labor released on Thursday.
Regional REIT raising £110.5m to reduce loan-to-value
Regional REIT announced a fully-underwritten capital raising of £110. 5m on Thursday, to help eliminate its short-term liabilities and pay down bank facilities.
Turkey's central bank keeps rates at 50%
Turkey’s central bank has left a key interest rate on hold, it was confirmed on Thursday, as it focuses on cooling surging inflation.