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London close: Stocks rise as dip buyers enter the fray
London markets ended Thursday in positive territory, with sentiment buoyed by robust corporate updates, as investors digested the latest producer price data out of the United States.
Europe close: Bargain-hunting helps markets rebound from three-month low
European stocks jumped more than 1% on Thursday as a wave of corporate updates impressed the market, helping the Stoxx 600 to rebound from a three-month low.
Director dealings: Hollywood Bowl chairman ups stake
Hollywood Bowl revealed on Thursday that chairman Peter Boddy had acquired 100,000 ordinary shares in the London-listed bowling centres operator.
Petro Matad shares slide on eastern Mongolia update
Shares in Petro Matad were sliding on Thursday, after the company updated the market on operations on its Heron-1 production and Heron-2 well testing in eastern Mongolia’s Block XX.
Disney shares jump as blockbuster hits drive Q4 profits
Disney's stock price jumped on Thursday morning after the media and entertainment giant impressed with its fourth-quarter earnings, helped by blockbuster releases Deadpool & Wolverine and Inside Out 2, and published bullish guidance for the next financial year.
US open: Stocks mixed following PPI reading
Wall Street trading got off to a mixed start early on Thursday as investors digested another batch of inflation data.
General Mills to buy Whitebridge Pet Brands for $1.45bn
General Mills said on Thursday that it has agreed to buy Whitebridge Pet Brands’ North American premium cat feeding and pet treating business for $1. 45bn.
EU fines Meta EUR 798m over Facebook Marketplace competition concerns
The European Union has imposed a €797. 72m fine on Facebook’s parent company Meta Platforms, it emerged on Thursday, after a detailed investigation into its Marketplace online classifieds business.
Plexus wins $1m order from Middle East gas project
Wellhead engineering specialist Plexus Holdings announced a new order on Thursday, to supply its ‘Exact’ exploration wellhead equipment on a rental basis for an offshore gas exploration project in the Middle East.
PetroTal upbeat on strong third quarter
PetroTal reported a strong set of financial and operational results for the third quarter on Thursday, with production and sales of 15,203 barrels of oil per day and 14,760 daily barrels, respectively.
Amaroq Minerals reports strong third-quarter progress
Amaroq Minerals reported strong third-quarter progress in its Greenland gold and strategic minerals projects on Thursday, with liquidity of $26m bolstered by cash balances, credit facilities, and reduced trade payables.
US initial jobless claims fall to 217,000
Americans lined up for unemployment benefits at a decelerated pace in the week ended 9 November, according to the Labor Department.
Palace Capital reports mixed interim performance
Palace Capital reported a mixed half-year performance on Thursday, as it continued with its strategy to return capital to shareholders.
Tapestry and Capri scrap planned merger amid competition concerns
Fashion giants Tapestry and Capri have scrapped their planned $8. 5bn merger on the back of legal uncertainty after US regulators argued that the tie-up would eliminate head-to-head competition in the luxury accessories market.
FTSE 100 movers: Spirax stands out; Convatec gives back some gains
London's FTSE 100 was up 0. 5% at 8,069. 27 in afternoon trade on Thursday.
Syncona launches Slingshot platform with £12.5m investment
Syncona announced the launch of Slingshot Therapeutics, a new portfolio company and accelerator dedicated to developing early-stage life science programs sourced from academia, on Thursday.
London midday: Stocks pop higher ahead of US PPI
London stocks had popped higher by midday on Thursday, helped along by well-received updates from the likes of Aviva and Spirax, but gains were muted as investors eyed another US inflation reading.
US producer prices rise 0.2pc in October
US producer prices increased in October, according to the Bureau of Labor Statistics.
Lexington Gold enters collaboration with Gold One Africa
Lexington Gold announced an agreement with Gold One Africa on Thursday, to explore potential cooperation on gold exploration and development projects in South Africa.