Headline News
Oaktree Capital calls on Indivior to refresh board of directors
Investment fund Oaktree Capital Management has written to Indivior urging the opioid addiction treatment maker to refresh its board with directors "committed to taking all steps necessary to improve shareholder value".
Fed cuts by 25bp, as expected, shies away from fresh forward guidance
Rate-setters in the US decided on Thursday to ease monetary policy by 25 more basis points, as expected.
Boohoo hits back, accuses Frasers of promoting own 'self-interest'
Boohoo hit back at Frasers Group on Thursday, accusing the retail company of promoting its own "self-interest" at the expense of other shareholders.
Moderna numbers beat expectations, shares jump
Shares in Moderna rallied on Thursday after third-quarter revenues at the US biotech, best known for its Covid-19 vaccine, smashed expectations.
Helios Towers lifts full-year outlook
Telecommunications infrastructure firm Helios Towers lifted its full-year outlook on Thursday as it posted an uptick in third-quarter adjusted EBITDA.
Bank of England cuts interest rates
The Bank of England trimmed interest rates on Thursday for the second time this year, as widely expected.
CRH shrugs off bad weather as sales, profits shine
Shares in CRH continued to climb on Thursday, as the building materials group shrugged off bad weather to post a jump in quarterly earnings.
Tate & Lyle hails return to volume growth as H1 profits rise
Tate & Lyle posted a rise in first-half pre-tax profit on Thursday as it hailed a return to volume growth.
Interim profits rocket at Trainline, shares spark
Trainline posted a surge in half-year profits and revenues on Thursday, after ticket sales across the UK and Europe steamed ahead.
Sweden cuts rates, Norway stands pat
Sweden’s central bank cut interest rates on Thursday, while Norway left them on hold.
Mobico on track to meet full-year profit guidance
Mobico said on Thursday that it was on track to meet profit guidance for the year amid continued growth in passenger demand.
'Challenging' market conditions hit sales, profits at Howdens
Howden Joinery Group warned annual profits would come in at the lower end of forecasts on Thursday, after "challenging" economic conditions and weak consumer spending dented sales.
Wizz Air H1 profits drop on aircraft groundings
Wizz Air reported a drop in first-half profit on Thursday as the budget airline was hit by engine-related aircraft groundings.
IMI confirms guidances after 'resilient' quarter
Engineering firm IMI said it remained on track to meet full-year targets on Thursday, following a “resilient” third quarter.
Wood Group announces independent review, shares crater
Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".
Hikma reiterates outlook on strong trading
Hikma Pharmaceuticals reiterated its full-year outlook on Thursday on the back of strong trading across the business.
CAB Payments tumbles as StoneX abandons pursuit
CAB Payments tumbled on Thursday after US payments company StoneX said it was not planning to make a takeover offer for the London-listed fintech firm.
ITV revenues drop as Studios hit by Hollywood strikes
Broadcaster ITV reported a drop in revenue for the first nine months of the year as its Studios arm was hit by the US actors’ and writers’ strike.
Hiscox written premiums rise 3% in first nine months
Hiscox reported a rise in written premiums for the first nine months of the year on Thursday as it hailed solid retail growth.
Taylor Wimpey backs FY outlook, hails signs of improvement in customer demand
Taylor Wimpey backed its full-year outlook on Thursday as it said it saw steady signs of improvement in customer demand in the second half to date, as mortgage rates reduced and affordability improved.