Market Pulse
Alba Mineral Resources raises GBP160,000 in share placing
AIM-listed exploration company Alba Mineral Resources has raised a further £160,000 before expenses through the issue of 64m new shares at 0. 25p each to satisfy additional demand.
Eurozone economic confidence beats expectations in October
Business confidence in the Eurozone beat expectations in October, official data released on Thursday showed.
Falkland Oil fails to find commercial hydrocarbons at Humpback well
Shares in Falkland Oil & Gas fell sharply after the company said it failed to find any commercial hydrocarbons at its Humpback exploration well.
House price growth edges higher in October, says Nationwide
British house prices grew at a faster pace in October, figures released on Thursday showed.
UK population expected to grow and age faster, new ONS estimates show
The UK population is expected to grow faster in coming years and the number of people older than 80 years of age will more than double over the next 25 years.
PeerTV set-top box chief Wes Wilcox resigns
PeerTV Plc announced the resignation of Wes Wilcox, the chief executive of its set-top box business PeerTV Limited.
German unemployment declines more than expected in October
German unemployment declined more than expected in October, figures released on Thursday showed.
Millennium & Copthorne under pressure in Asia
Millennium & Copthorne Hotels posted lower revenue and profit in the third quarter due to weaker performance in Singapore and Rest of Asia.
Mondi disposes of German containerboard mill for EUR25m
Mondi has agreed to sell its recycled containerboard mill and related recycling operations in Raubling, Germany, to the Heinzel Group for an enterprise value of €25m on a debt and cash free basis.
Chinese growth target rumoured to be reset to 6.5%
China may lower its long-term target for gross domestic product growth to 6. 5% per year from the current 7%, according to rumours emerging from the fifth plenum meeting of senior policymakers in Beijing.
Smith & Nephew slumps as third-quarter revenue misses estimates
Smith & Nephew fell after its third-quarter revenue came in a little weaker than expected, as the maker of artificial hips and knees maintained its full-year guidance and announced the acquisition of robotics company Blue Belt Technologies.
Playtech third quarter revenues grow across the board
Gambling and software and services supplier Playtech reported strong trading in both of its divisions in the three months to September.
Laird posts increase in third quarter revenue as it announce restructuring plans
Technology group Laird unveiled plans to restructure its operating model, while its sterling-denominated revenue rose in the third quarter.
London open: Stocks decline after FOMC hints at December rate hike
UK stocks declined on Thursday after the Federal Reserve hinted at the possibility of a December interest rate hike.
Europe open: Stocks static as investors digest hawkish Fed statement
European stocks were little changed in early trade amid a slew of corporate results, as investors digested a hawkish policy statement from the Federal Reserve and looked ahead to some key US data releases.
Wood Group wins multi-million dollar contract with BP
Wood Group has won a multi-million dollar contract to provide engineering services to BP’s existing subsea infrastructure in the Gulf of Mexico, UK and Norwegian continental shelves and offshore Azerbaijan.
National Express second quarter revenue accelerates
National Express posted growth at constant currency across all of its divisions in the second quarter and registered an increase in operating profits.
Royal Dutch Shell slides into paper loss
Royal Dutch Shell slumped to a third quarter loss of $6. 1bn (£4bn), with earnings well short of forecasts, due to write-offs and lower oil and gas prices, though cash flow remained relatively robust with a decline of 13%.
Aviva new business jumps 25%
The value of insurer Aviva’s new business rose 25% in the first nine months of the year to £823m, marking the eleventh consecutive quarter of growth.
Barclays third-quarter profit declines on settlement costs
Barclays posted a drop in third-quarter pre-tax profit as the cost of claims settlements weighed on results and revenues fell.