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Siemens Q3 profits jump as electrification demand rises
German industrial technology conglomerate Siemens held on to full-year guidance on Thursday after posting a big jump in third-quarter profits.
Seeing Machines flags strong fourth quarter
Driver monitoring technology company Seeing Machines announced significant growth in its key performance indicators for the fourth quarter on Thursday.
PetroTal reports solid quarterly progress
Peru-focussed oil producer PetroTal reported strong second-quarter financial and operational results on Thursday, reflecting robust production, significant cash flow generation, and ongoing strategic growth.
US pre-open: Futures mostly lower amid resurgent recession fears
Wall Street futures were mostly lower ahead of the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared.
Europe midday: Shares stay in red, but earnings hold losses in check
European shares were in retreat again on Thursday as the previous session's rally fizzled out amid another dump of corporate earnings.
Custodian Property reports strong leasing activity
Custodian Property Income REIT reported strong leasing activity for the June quarter on Thursday, underpinning its fully covered dividend and supporting a yield of about 7. 7%.
Europe open: Shares retreat again on weak Wall St; Beazley surges
European shares were in retreat again on Thursday as the previous session's rally fizzled out amid another dump of corporate earnings.
Hostelworld swings to first-half operating profit
Accommodation booking platform Hostelworld reported a robust first-half performance on Thursday, driven by record bookings in Asia and Central America and the continued success of its social network strategy.
Oxford Biomedica still expecting small loss after solid first half
Cell and gene therapy contract development and manufacturing organisation Oxford Biomedica reported a strong first-half trading performance in an update on Thursday, with revenue expected to reach £50m.
London midday: FTSE stays down amid US recession fears; Beazley surges
London stocks were still sharply lower by midday on Thursday as worries about a US recession dented sentiment and as investors waded through a barrage of corporate releases.
Impact Healthcare upbeat on first-half performance
Impact Healthcare REIT reported a robust set of first-half results on Thursday, reflecting solid growth in its UK healthcare real estate portfolio, particularly care homes.
Allianz beefs up buyback plan after record first half
German insurance and asset management titan Allianz has expanded its share buyback plan this year by 50% after announcing record profits in the first half.
Lord Saatchi's bid for the Telegraph rejected by RedBird IMI
Ex-ad tycoon Lord Maurice Saatchi's bid to acquire the Telegraph has been rejected, it emerged on Thursday, with his offer of £350m failing to progress to the second round of the auction process.
Citi renews coverage on Glencore at ‘buy’
Citi said on Thursday that it was renewing coverage on Glencore with a ‘buy’ rating and 530p price target, having previously suspended its rating.
Asia report: Markets mixed as global recovery stalls
Asia-Pacific markets experienced a day of mixed performance on Thursday, reflecting cautious investor sentiment after overnight declines on Wall Street.
TT Electronics makes 'good progress' on Project Dynamo in H1
Electronic components manufacturer TT Electronics said on Thursday that it has made "good progress" in the early stages of Project Dynamo, its programme to unlock value and drive financial and operational improvements across the board.
Deadline for Bellway to make firm Crest Nicholson offer extended
The deadline for Bellway’s potential acquisition of Crest Nicholson has been extended, the two companies announced on Thursday, allowing more time for due diligence and negotiation.
Deutsche Telekom upbeat on strong second-quarter
Deutsche Telekom has reported a strong second quarter on Thursday, continuing its steady growth trajectory.
Lancashire's first-half profits jump 26%
Bermuda-based Lancashire Holdings saw profits rise by 26% in the first six months of 2024 as the non-life insurance group delivered its best-ever half-year performance.
Persimmon on track for FY completions at top end of guidance
Housebuilder Persimmon reported a decline in first-half pre-tax profit on Thursday but said it was on track to deliver full-year completions at the top end of guidance.