Market Pulse
The US economy slows slightly more than expected in the third quarter
Headline economic growth Stateside slowed down by slightly more than was expected in the third quarter of 2015, drawing mixed reviews from economists.
Bango boosted by Apple direct carrier billing speculation
Shares in Bango have risen after Apple's German iTunes site began to adopt direct carrier billing, a means of charging digital content to mobile customers via additions to their phone bill.
Broker tips: Centrica, Aviva, BP
Citigroup upgraded Centrica to ‘buy’ from ‘neutral’, saying it offers one of the best value propositions among the UK utilities.
Panmure Gordon reiterates buy on Aviva
All key metrics at Aviva are moving the right direction Panmure Gordon said on Thursday.
Credit Suisse ups target price on BP
BP performed well in the run-up to the 'mini Strategy Update' on 27 October, Credit Suisse pointed out on Thursday, but in the end most of the points discussed were neither new nor unexpected.
US unemployment claims rise less than expected
The number of first time unemployment benefits claimants in the US rose less than expected last week , figures released on Thursday showed.
Citigroup upgrades Centrica, sees best value among UK utilities
Citigroup upgraded Centrica to ‘buy’ from ‘neutral’, saying it offers one of the best value propositions among the UK utilities.
OMG says full year will be in line after good second half
Technology group OMG said it expects its full-year revenue and adjusted profit to be in line with market forecasts, as it reported good second-half trading at its Vicon image technology arm and Yotta infrastructure management unit.
Thursday newspaper tips round-up: Meggitt, Next
Civil aerospace accounts for around half of Meggitt´s sales. So bulging order books at Airbus and Boeing - which are indicative of a buoyant long-term outlook for the sector - is good news. However, the after-sales market is volatile,as many old aircraft are being taken out of service. The hit to the company´s sales in that segment, revealed in yesterday´s figures, wiped a fifth off the company´s stock price. To take note of, margins on parts for older planes are very generous, compoduning the negative effect.
Herencia buys Pastizal copper project in Chile
Herencia Resources has signed a binding term sheet to acquire the advanced Pastizal copper project in central Chile via an option agreement.
Europe midday: Stocks decline amid disappointing earnings as investors eye US data
European stocks fell, weighed by some disappointing corporate results as investors digested a hawkish policy statement from the Federal Reserve and looked ahead to some key US data releases.
Avocet Mining lowers guidance and discusses further fundraising
Shares in Avocet Mining fell after the FTSE Fledgeling company lowered its full year gold guidance and said it would need to raise more cash to fund working capital, with September's foiled military coup in Burkina Faso having also affecting recent shipments.
London midday: Stocks decline after FOMC statement, before US GDP
The London stock market was sitting lower on Thursday as investors continued to weigh the Federal Reserve’s policy statement and looked ahead to US economic growth data.
US pre-open: Futures point to open in the red ad Fed hints at December hike
US stock futures turned south on Thursday, after the Federal Reserve hinted at a possible interest rates hike in December and investors awaited some important economic reports.
Retail sales growth slows in October, says CBI
Retail sales in the year to October slowed following a strong showing in September, according to a survey from the Confederation of British Industry.
UK mortgage approvals register first decline in four months
British mortgage approvals declined for the first time in four months in September, official figures released on Thursday showed.
Asia: Stocks struggle for direction after Fed hints at possible December hike
Asian equity markets struggled for direction on Thursday, as investors analysed the US Federal Reserve’s decision to leave the door open for an interest rates raise in December.
Deutsche Bank slumps on wider third-quarter loss
Deutsche Bank shares fell sharply after the company announced plans to cut up to 35,000 jobs over the next two years, as it posted a €6bn loss (£4. 4bn) for the third quarter and said it will scrap its 2015 and 2016 dividends.
Henderson inflows slow but managers outperform benchmarks
Negative market performance resulted in Henderson Group reporting a 0. 9% fall in third-quarter assets under management over the last quarter despite solid net inflows.
Optimal Payments investigating alleged data breaches
Optimal Payments said a small amount of its customers’ personal data has been compromised and is is in the public domain, and this could form part of a more material data breach.