Market Pulse
Royal Mail chairman makes first share purchase
Royal Mail’s new chairman Peter Long made his first stock purchase this week, snapping up 50,000 shares in the company at 444p each.
Peel Hunt upgrades ASOS, expects strong sales momentum
Peel Hunt upgraded ASOS to ‘buy’ from ‘hold’ and raised the price target to 4,000p from 3,750p.
Trinity Mirror loses appeal against phone hacking payout
Newspaper publisher Trinity Mirror said it had lost its appeal against a £1. 2m payout to victims of the phone hacking scandal.
FTSE 100 movers: New Standard Chartered executive bolsters share price
The FTSE 100 was buoyed by yesterday's Fed rate hike, climbing 47. 79 points (0. 79%) to 6,108. 98 by mid-afternoon Thursday.
Trinity Capital board 'frustrated' by slow progress
Board members at Trinity Capital remained frustrated on Thursday with the stagnant state of their investments.
Standard Chartered poaches HSBC veteran
Standard Chartered announced on Thursday that it has hired HSBC veteran Simon Cooper to head up its corporate and institutional banking division.
EU wants 'fair deal' with Britain on membership, says Juncker
European Commission chief Jean-Claude Juncker on Thursday said the European Union wants a “fair deal” with Britain over its membership in the bloc as Prime Minister David Cameron attempts to negotiate reforms.
US current account deficit widens in third quarter
The US third quarter current account deficit widened to its highest level in nearly seven years, according to data from the Commerce Department.
Philadelphia Fed manufacturing index slips in December
The Philadelphia Federal Reserve manufacturing index fell into negative territory in December.
US initial jobless claims fall more than expected
The number of first time unemployment benefits claimants in the US fell last week, according to data from the Department of Labor.
Friday preview: Carnival set to deliver 'positive' full year
Cruise operator Carnival is expected to report a “positive” set of full year results with 32% increase in earnings per share (EPS).
Casino tumbles on damning Muddy Waters report
Shares in French supermarket operator Casino Guichard-Perrachon tumbled on Thursday after a damning report from Muddy Waters Research, which said it was “one of the most overvalued and misunderstood companies” it has ever come across.
US pre-open: Markets set to rise after Fed hike
US stock futures were up on Thursday, following the decision from the Federal Reserve to hike interest rates.
Asia rallies after landmark Fed decision
The effects of the US Federal Reserve's landmark decision were rebounding all over the Asian markets on Thursday, with major indices in the region showing a renewed confidence in the global outlook.
Thursday newspaper share tips: Dixons Carphone has long-term potential
Investing in Dixons Carphone is a good long term plan, according to The Times’ Tempus.
Local Shopping rescue plan continues with property disposals
Local Shopping's rescue plan continued apace on Thursday, as the real estate investment trust updated the market on the last 12 months.
Europe midday: Stocks power ahead as investors welcome Fed rate hike
European stocks powered ahead as investors welcomed the Federal Reserve’s first rate hike in nearly a decade and reassurance that the tightening path will be gradual.
UK factory orders rise in December
Factory orders in the UK reached a three-month high in December, but manufacturers still expect their output to contract mildly over the next three months, according to a survey from the Confederation of British Industry (CBI).
London midday: Stocks rise on UK retail sales, Fed decision
London stocks rallied as UK retail sales figures beat forecasts and as the Federal Reserve hiked interest rates for the first time in nearly a decade.
Atlantis Resources buys tidal power assets from Scottish Power
Tidal energy asset manager Atlantis Resources has agreed to buy two projects from Scottish Power Renewables in an all-share deal.