Market Pulse
Mitie slumps as it warns over full year revenue
Outsourcer Mitie slumped on Thursday after it warned that full year revenues will be below the current range of market expectations, although profit will fall within.
Acquisitions driving growth at Diploma
Specialised technical products firm Diploma was looking at positive growth on Thursday, as a result of its recent acquisitions.
Board changes for Old Mutual's Nedbank
Old Mutual’s majority-owned South African division Nedbank added a new independent non-executive director to its board on Thursday.
International Public Partnerships posts record results
FTSE 250 infrastructure investment company International Public Partnerships posted strong growth in its portfolio on Thursday, with its net asset value rising 21. 5% to £1. 29bn in 2015. NAV per share was up 2. 5% to 130. 2p.
Qinetiq on track to meet full year expectations
FTSE 250 defence and aerospace technology company Qinetiq is on track to deliver on its expectations for the current financial year.
Renishaw issues profit warning over Asian downturn
A downturn in Asian demand led to Renishaw issuing a profit warning to the market on Thursday morning.
London pre-open: Stocks seen lower as investors eye retail sales data
London stocks were set to open weaker on Thursday following downbeat cues from the US and Asia, as a stronger dollar hits commodity prices.
Thursday newspaper round-up: Dyson, Brexit, US shale gas, Barclays
European ministers are expected on Thursday to push telecommunications and digital service providers to work more closely with government authorities to track down terror suspects as part of a post-Brussels attack crackdown. At a hastily arranged meeting, EU ministers responsible for security issues will call for a European legislative blueprint to be drawn up by June to enable governments to obtain easier access to such “digital evidence”, according to a draft statement seen by the Financial Times.