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London open: Stocks nudge lower ahead of key US, UK data; GSK tumbles
London stocks nudged lower in early trade on Thursday as investors eyed the release of a key US inflation reading and the latest UK GDP data at the end of the week.
Segro buys three Dutch warehouses for €222m
Industrial real estate group Segro announced on Thursday it has snapped up three logistics warehouses in the Netherlands for €222m to expand its presence in a key logistics hub for Continental Europe.
Moonpig hails strong year, shares jump
Shares in Moonpig Group sparked on Thursday, after the online greeting card retailer posted a jump in annual sales and profits.
Bradley out, Bellamy in as chair of The Works
Arts, crafts, toys, books, and stationery The Works announced a change in leadership on Thursday, with Carolyn Bradley stepping down as chair and independent non-executive director on 15 July.
Target Healthcare REIT offloads four care homes
Care home real estate investment trust Target Healthcare REIT has offloaded four of the oldest care homes in its portfolio for £44. 5m and will use the proceeds to pay down credit facilities.
Bunzl upgrades full-year profit guidance
Bunzl upgraded its profit guidance for the year on Thursday, citing improved margin performance and successful acquisitions.
3i's Action unit performing strongly as expansion continues
Private equity and infrastructure group 3i has said that its European non-food discount retail chain Action has performed well since the start of the year as it continues to open new stores.
Serco lifts full-year profit guidance after ‘good’ progress in H1
Serco lifted its full-year profit guidance on Thursday following "good" progress in the first half.
London pre-open: Stocks seen down; US PCE, UK GDP eyed
London stocks were set to fall at the open on Thursday following a mostly weaker Asian session, as investors looked to the release of a key US inflation reading and the latest UK GDP on Friday.
Halma makes £36m bolt-on acquisition of fire detection firm
Safety equipment and hazard detection technologies group Halma is spending £36m on Portuguese fire detection and alarm systems maker Global Fire Equipment (GFE) to extend its presence in the European market.
Watches of Switzerland holds guidance, Bunzl hikes profit forecast
London open The FTSE 100 is expected to open 10 points higher on Thursday, having closed down 0. 27% on Wednesday at 8,225. 33.
Thursday newspaper round-up: Betting advertising, Ferrari, Mike Ashley
The UK’s current trade deal with the EU is not working and the country must stop “walking on eggshells” around the issue of building closer ties with its biggest trading partner, the director general of the British Chambers of Commerce (BCC) is expected to say. At the annual BCC global conference in London on Thursday, Shevaun Haviland will say that the UK must forge closer ties with the EU and the next government should focus on improving trading relations to grow the economy.
US close: Stocks end slightly higher, Whirlpool jumps
US stocks finished moderately higher on Wednesday with the S&P 500 and Nasdaq inching back towards their recent record highs on what was a relatively quiet day for data and earnings.