Market Pulse
Cairn Homes at 48% discount to UK housebuilders says Credit Suisse
Credit Suisse has initiated coverage on Cairn Homes with an 'outperform' rating, five months after the Irish housebuilder's initial public offer in London.
Commodities: Metals extend gains, oil continues to slide
Metal futures extended gains on Thursday, while oil benchmarks headed lower for the second successive session.
Ethiopian Airlines operates first flight with all-female crew
Ethiopian Airlines made history last week by sending an all-female flight crew from the capital city of Addis Ababa to Bangkok, Thailand, as the company reiterated its commitment to women’s empowerment.
Sector movers: Metals uptick sends mining stocks higher
The London market ended marginally in positive territory on Thursday, with mining stocks bouncing back on stronger metal prices.
FX Roundup: Dollar sees mixed fortunes over quiet session
The dollar saw mixed fortunes against selected currency crosses on Thursday, over a quiet day of trading with US markets closed for the Thanksgiving Holiday stateside.
7digital wins new contracts
Digital music and radio services company 7digital has signed a new deal with streaming platform Playster for an undisclosed amount.
London close: Stocks boosted by commodities on Thanksgiving
The FTSE ended higher on Thursday, supported by a rally in mining stocks as commodity prices improved.
Europe close: Stocks advance amid lack of data
European equities advanced on Thursday, with autos and basic resources lending support to a fairly quiet session as US markets were closed.
Four arrested at KPMG in Belfast
Four senior executives at KPMG’s Northern Ireland operation were arrested in Belfast this week, on tax evasion charges.
Compass Group directors cash in share bonus
A number of Compass Group directors have taken home a tidy profit as the company released shares as part of its long term incentive plan.
Banks' PPI risks cut but not eliminated, says Deutsche Bank
Analysts at Deutsche Bank said UK banks' risk around payment protection insurance payouts has been "reduced but not eliminated" after regulators proposed a 2018 deadline for consumers to make claims.
Friday preview: Second estimate of UK GDP in focus
The UK economy grew 2. 3% in the third quarter compared to a year ago, the second estimate of gross domestic product is expected to show on Friday.
Ebiquity trading in line with expectations
Marketing and advertising data provider Ebiquity said it was in line to meet market expectations for the full year on the back of solid growth in the first six months of 2015.
FTSE 250 movers: Ophir takeover reports continue to drive market
The FTSE 250 continued on track to finish the week on a high, as the market was up 73. 65 points (0. 43%) to 17,184. 96 by mid-afternoon Thursday.
McColl's longtime CEO Lancaster steps down
Convenience store chain McColl’s Retail Group has begun the search for a new chief executive after veteran chief executive James Lancaster decided to step down and accept the role of non-executive chairman.
UK net immigration reaches fresh high in June
Net migration to the UK reached a record level in the 12 months to June, figures released on Thursday showed.
FTSE 100 movers: Miners rally but BHP Billiton bucks the trend on UN claims
London’s FTSE 100 index was up 0. 7% to 6,379. 38 at 1507 GMT, with miners providing much of the support as markets were fairly calm with the US closed for the Thanksgiving holiday.
Expanded portfolio pays off for First Property
First Property was reaping the rewards of an expanded portfolio on Thursday, as the AIM-listed company announced its half year results.
Lloyds to cut up to 1,000 jobs as part of restructuring
Lloyds Banking Group said Thursday it plans to cut up to 1,000 jobs across its operations as part of a restructuring it announced a year ago.
BTG Pactual plummets after Esteves arrest
Brazil’s biggest financial firm was on a steep and slippery slope on Thursday, as officials in the Latin American nation detained BTG Pactual’s chairman on suspicion of testimony interference.