Latest News
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Caterpillar posts Q4 earnings beat, warns of 2025 weakness
Caterpillar reported fourth-quarter earnings that exceeded analyst expectations on Thursday, but warned that sales and revenue for 2025 were likely to decline compared to the prior year.
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US pre-open: Stocks higher following Fed decision, tech earnings
Wall Street futures were in the green ahead of the bell on Thursday as market participants digested quarterly earnings from several big-name tech firms.
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Dow to cut 1,500 jobs globally after fourth-quarter loss
Dow announced plans to cut around 1,500 jobs globally as part of a broader cost-reduction initiative aimed at saving $1bn on Thursday.
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Softer UK markets hit underlying sales at CVS
AIM-listed veterinary services group CVS saw a drop in underlying revenues in its first half, and said it was stepping up its investments in Australia to make up for uncertainty in the UK.
Europe midday: Shares power ahead to new highs with eyes on ECB rate call
European markets continued to set intra-day records again on Thursday as investors waited for a rate decision from the European Central Bank amid an earnings and data dump.
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London midday: Stocks push higher as Airtel Africa, St James's Place impress
London stocks had extended gains by midday on Thursday, helped along by well-received updates from Airtel Africa and St James's Place and better-than-expected data from the Bank of England, as investors eyed a policy announcement from the European Central Bank.
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LSL Property Services ends year strongly, appoints new CEO
LSL Property Services reported a strong 2024 financial performance on Thursday, with full-year results ahead of expectations and significantly improved from the prior year, as it also announced the appointment of its next chief executive officer.
Europe open: New records for Stoxx, DAX ahead of ECB
European markets touched intra-day records again on Thursday as investors awaited for a rate decision from the European Central Bank amid an earnings dump.
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UK mortgage approvals beat expectations - BofE
UK mortgage approvals sparked in December, official data showed on Thursday, easily beating expectations.
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Next15 FY profits seen at bottom end of market expectations
Marketing business Next 15 warned on Thursday that profits for the twelve months ending 31 January would be at the bottom end of expectations despite "an encouraging uptick" in new business wins in the latter half of the year.
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Novacyt flags strong full-year revenue growth
Novacyt reported strong revenue growth for 2024 in an update on Thursday, with unaudited statutory revenue reaching about £19. 6m, an 85% increase from the prior year's £10. 6m.
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Tullow Oil considers non-core asset sale to reduce debt pile
Oil and gas exploration firm Tullow Oil said on Thursday that it was exploring a potential sale of its non-core assets as part of an effort to bring its debt below $1. 0bn.
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Wizz Air cuts full-year profit guidance, shares slide
Wizz Air tumbled on Thursday as it reported a narrowing of its third-quarter losses but cut its full-year profit forecast as it deals with issues related to engine groundings.
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H&M reports stronger-than-expected fourth quarter
H&M reported stronger-than-expected fourth-quarter earnings on Thursday, signaling progress in its ongoing turnaround strategy.
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ITM Power narrows interim losses, lifts FY cash guidance
Shares in ITM Power sparked on Thursday as it posted a narrowing of its interim losses and lifted cash guidance for the year.
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Deutsche Bank profit drops more than expected in 2024
Deutsche Bank reported a sharp drop in fourth-quarter and full-year 2024 profit on Thursday, falling short of market expectations as legal provisions and restructuring costs offset strong investment banking revenue.
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Asia report: Japan, Australia markets rise on quiet Thursday
Japanese and Australian equities rose on Thursday, diverging from Wall Street's overnight decline after the Federal Reserve maintained its interest rate stance.
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Metro Bank in talks to offload consumer loan book portfolio
Metro Bank has confirmed it is in talks to offload its performing consumer loan portfolio, as part of a wider plan to refocus on commercial lending.
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Ricardo FY results hit by order delays, shares tumble
Ricardo shares tanked on Thursday as it said full-year results will be below consensus expectations due to order delays in several end markets.
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St James's Place reports strong end to 2024
St James’s Place reported a strong 2024 performance in an update on Thursday, with gross inflows rising 20% to £18. 41bn.