Market Pulse
NAHL gnarled by Chancellor's personal injury claim changes
Shares in NAHL Group, the operator of the National Accident Helpline, tumbled as investors feared the potential impact of changes to personal injury (PI) claims rules mooted in the Chancellor's Autumn Statement.
ULS Technology profits benefit from Legal Eye acquisition
A more stable housing market and a first real contribution from its Legal Eye acquisition has led to profits growing by a third at ULS Technology in the first half of the year.
Centrica's South Humber Bank power station to return to full service in 2017
Utility company Centrica said it intends to return its part-mothballed South Humber Bank power station in North East Lincolnshire to full service in 2017.
Helical Bar doubles interim profit and names new CEO
Property developer Helical Bar doubled interim pre-tax profits thanks to revaluation gains and higher revenue.
Broker tips: Aldermore, Aviva, DMGT
Deutsche Bank downgraded Aldermore Group to ‘hold’ from ‘buy’ and cut the price target to 267p from 330p pointing to another headwind for the buy-to-let market following Wednesday’s Autumn Statement.
Deutsche Bank downgrades Aldermore on buy-to-let headwind
Deutsche Bank downgraded Aldermore Group to ‘hold’ from ‘buy’ and cut the price target to 267p from 330p pointing to another headwind for the buy-to-let market following Wednesday’s Autumn Statement.
SSP full year profit up 15% as passenger numbers grow
SSP Group posted a 15% rise in pre-tax profit as like-for-like sales saw good growth across all regions.
FCA suggests 2018 deadline for PPI claims
The Financial Conduct Authority has taken a step closer to drawing a line under the payment protection insurance scandal, as it suggested a 2018 deadline for the filing of any compensation claims.
South Korea orders recall of more than 125,000 Volkswagen vehicles
South Korea has ordered the recall of more than 125,000 Volkswagen diesel cars after the government found the car maker had installed emissions-cheating software.
Thursday newspaper share tips: Questions over Thomas Cook's business model
Thomas Cook Group’s return to profit after five years caught the eye of the Financial Times’ Lex on Thursday.
Air passenger growth forecasts downgraded due to global slowdown
Forecasts for growth in air passenger numbers have been cut due to the softer global economy, especially slower economic growth projections for China.
Accsys Technologies signs new Solvay deal
Chemical technology group Accsys Technologies has reached an agreement with Belgium-based chemical company Solvay SA to redefine their existing relationship.
Charles Stanley profits surge as turnaround begins to bear fruit
Wealth manager Charles Stanley posted a 151% jump in reported pre-tax profit for the first half as costs fell and its turnaround plan began to bear fruit.
Europe midday: Stocks push higher in quiet trade as autos race ahead
European stocks rose, with autos and basic resources lending support on what is likely to remain a fairly quiet session as US markets will be closed for the Thanksgiving holiday.
Asia: Equities mixed as Nikkei flirts with 20,000 threshold
Asian stocks closed on a mixed note on Thursday, with Japanese equities extending gains driven by the weakening yen.
London midday: Metals prices lift stocks as Thanksgiving holiday thins volumes
Mining companies gave the UK equity market a boost on Thursday as metal prices increased.
Skyepharma's year-end cash to be above expectations
Skyepharma said its cash balance will be ahead of expectations at the end of the financial year.
Velocys cranks up GTL plant capacity as commercial deals loom
Technical improvements at its pilot gas-to-liquids plant have allowed Velocys to increase capacity of liquid hydrocarbon products by more than 50% as it begins to commercialise the technology for a more diverse range of chemical markets.
James Latham interim profits grow
Timber products James Latham posted a rise in interim profits on the back of good revenue growth.
LondonMetric rental income grows, but profit dips as finance costs balloon
LondonMetric has seen half year gross rental income rise, however an increase in finance costs and a drop in profits from joint ventures have hit the group’s overall profit.