Market Pulse
Bovis warns operating margin will be only slightly ahead of last year
Shares in Bovis Homes Group slumped almost 10% early on Thursday after the home builder revealed its mix of homes for 2015 will be more weighted to existing sites than previously expected.
Bank of Japan stays put on monetary policy
The Bank of Japan decided to keep its monetary policy unchanged on Thursday, saying the economy "continued to recover moderately" with inflation expectations appearing to rise, although some recent indicators had "shown weak developments".
Close Brothers confident over full year despite slower start
Merchant banking group Close Brothers said it remains confident in the outlook for the year despite a slower start and challenging market conditions in the first quarter.
Australian regulator approves Shell's takeover of BG Group
Australia’s competition watchdog has approved the proposed merger of Royal Dutch Shell and BG Group.
Domino's CFO leaves after less than six months
Domino’s Pizza has announced chief financial officer Paul Doughty is leaving the company and stepping down from the board at the end of the year.
Vesuvius sees full year at lower end of market views
Vesuvius expects its full year performance to be towards the lower end of market views as it continues to tackle adverse conditions through a combination of self-help and enhanced restructuring actions.
London pre-open: Stocks set to rise after Fed minutes
The Footsie is expected to start the day comfortably higher on the back of sharp gains on Wall Street in the wake of the minutes of the US Federal Reserve's October policy meeting overnight.
Galliford Try wins affordable housing contracts
Housebuilding and construction group Galliford Try’s Partnerships business has been appointed to two affordable housing contracts and two new major housing frameworks.
Thursday newspaper round-up: Free trade, Ladbrokes, HBOS
Business will benefit from a giant free-trade deal between Europe and the United States only if there is substantial reform to the European Union, Sajid Javid believes. The eurosceptic business secretary is expected to deliver a staunch defence today of the contentious Transatlantic Trade and Investment Partnership, which is intended to create the world’s biggest free-trade zone by removing tariffs and regulatory barriers. - The Times.
US close: Wall Street moves sharply higher despite possibility of December rate hike
Stocks jumped sharply following the release of the minutes of the US central bank's last policy meeting, despite the fact that it left the possibility of a December rate hike wide open.
CRH reiterates guidance for 2015 growth
Building materials group CRH said sales in the nine months to the end of September rose 16% from last year, as it reiterated its guidance that 2015 will be a year of growth thanks to continued positive momentum in the Americas.