Market Pulse
Pearson rallies despite profit warning, as investors welcome restructuring
Pearson rallied despite warning over profits and saying it will hold its dividend, as investors welcomed the company’s new restructuring programme.
Europe open: Stocks edge higher as investors look to Draghi
European stocks edged higher in early trade, recovering from heavy losses in the previous session as investors looked ahead to comments from European Central Bank chief Mario Draghi.
Land Securities proves robust in third quarter
Third quarter results from Land Securities displayed the continuing demand for its property developments and ongoing health of the London letting market.
Citi trims global growth outlook for 2016, more ECB stimulus seen
The world economy may be on the cusp of a 'tipping-point' as central bank stimulus will be less forthcoming and possibly less effective in those geographies were it is still applied.
N Brown surges as it posts jump in third quarter revenue
Specialist clothing retailer N Brown rocketed on Thursday as it posted a jump in third quarter revenue and said it was on track to meet full year expectations.
SABMiller's strong results hit by US dollar
SABMiller has posted strong net producer revenue (NPR) growth for the third quarter, however that has been knocked back due to the US dollar.
London pre-open: Stocks seen higher after heavy falls
London stocks are expected to open higher on Thursday following the heavy selloff in the previous session and as US stocks closed off their lows.
Thursday newspaper round-up: IMF, Barclays, auto industry, Asda
UK chancellor George Osborne has formally nominated Christine Lagarde to serve a second five-year term as managing director of the International Monetary Fund, in an early move designed to create unstoppable momentum behind her. It came within seconds of the fund on Thursday beginning a three-week nominating period for candidates. Ms Lagarde, whose current five-year term ends in July, is widely considered a sure bet for a second mandate. – Financial Times.