Headline News
Kroger shares pop on Q2 earnings beat, updated guidance
Kroger shares were popping on Thursday, as investors digested the grocer’s updated guidance following a mixed second-quarter performance.
Moderna to slash R&D budget, shares fall
Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.
ECB cuts rates by 25 basis points as expected
The European Central Bank cut interest rates on Thursday by 25 basis points to 3. 5%, as widely expected, pointing to a slowdown in inflation.
US producer prices rise a tad more quickly than expected, core ahead of forecasts
Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.
Mastercard to buy cyber defence firm Recorded Future for $2.65bn
Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2. 65bn.
UK public finances facing 'unsustainable path', warns OBR
National debt is on an "unsustainable path", the fiscal watchdog warned on Thursday, with climate change and an ageing population set to weigh heavily on public finances if left unaddressed.
John Lewis on track to deliver 'significantly' improved profits
Interim losses narrowed at John Lewis Partnership, the retailer confirmed on Thursday, leaving it on track to deliver "significantly" higher full-year profits.
IEA trims forecasts as demand for oil slows
Global demand for oil is slowing "sharply", the International Energy Agency said on Thursday, as it trimmed annual growth forecasts.
Kier Group reports solid full-year growth
Kier Group reported significant growth and debt reduction in its full-year results on Thursday, driven by strong operational performance across its divisions.
Trainline lifts FY profit outlook after strong first half
Trainline lifted its full-year outlook on Thursday following a strong first half, which was ahead of its expectations.
Spire Healthcare confident after first-half growth
Spire Healthcare Group reported a strong set of first-half results on Thursday, driven by growth in private revenue, increased support for the NHS, and improving margins in its hospitals.
Wet summer hits sales at Fever-Tree, shares slide
Shares in Fever-Tree Drinks came under pressure on Thursday, after interim results disappointed.
NCC hails better-than-expected Q4, shares surge
NCC Group said on Thursday that trading in the fourth quarter was better than expected and lifted its outlook, sending shares in the cyber security firm surging.
GSK reports positive results from mRNA flu vaccine trial
GSK announced promising results from its phase two clinical trial for an mRNA-based seasonal flu vaccine on Thursday.
Renishaw posts record full-year revenue, profits slide
Renishaw reported solid full-year strategic progress in its final results on Thursday, with revenue reaching record levels, although profits slid.