Headline News
Philly Fed factory index drops unexpectedly in August
Factory activity in the US mid-Atlantic region shrank unexpectedly in August, the results of a closely followed survey showed.
Weekly US jobless claims dip again
Unemployment claims in the US dipped unexpectedly during the previous week.
Admiral shares surge on special dividend, profit jump
Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.
3i Infrastructure investee buys majority stake in JLEN AD portfolio
3i Infrastructure portfolio company Future Biogas has acquired a 51% stake in a portfolio of six anaerobic digestion facilities from JLEN Environmental Assets Group, it was announced on Thursday, for £68. 1m.
Empiric Student Property confident after solid first half
Empiric Student Property reported a strong financial and operational first-half performance on Thursday, with a strategic shift towards growth as the company capitalised on favourable market conditions.
OSB Group shares slide on lower margin forecast
Shares in specialist lender OSB Group were sliding on Thursday morning despite a robust set of first-half results, as it cut its net interest guidance for the full financial year.
C&C Group on track despite mixed summer weather
C&C Group said in a trading update on Thursday that despite challenging weather conditions in June, its earnings for the year to date were in line with expectations, with a strong outlook for the rest of the financial year.
Rank Group swings back into the black
Rank Group said on Thursday that it swung back into the black in the year to the end of June as the Mecca Bingo and Grosvenor owner hailed a year of strong financial progress.
Profits slide at William Hill owner Evoke
William Hill and 888 owner Evoke reported a slump in first-half profits on Thursday as it highlighted a "disappointing" performance but sounded an upbeat note on the outlook.
Woodside updates cost expectations ahead of first-half results
Woodside flagged anticipated first-half production costs of $710m to $780m in an update on Thursday, with royalties, excise and levies expected to amount to $180m to $210m.
UK economy grows 0.6% in second quarter
The UK economy grew 0. 6% in the second quarter, down slightly on 0. 7% growth in the first quarter but in line with expectations, according to data released on Thursday by the Office for National Statistics.