Market Pulse
Thursday newspaper share tips: HSBC, StanChart
There are two clear options for British investors wanting to partake of the fruits of Asian economic growth and The Times's Tempus was very clear about which one was the likely winner.
Messaging International proposes sale of subsidiary TeleMessage
Messaging service provider Messaging International agreed to sell its wholly owned subsidiary TeleMessage, a cross platform media messaging system and application, for £459,317.
21st Century Fox produces better-than-expected quarterly profits
Strong affiliate and advertising revenues led 21st Century Fox to produce higher-than-expected earnings for the quarter until the end of June.
APC Tech partners with Gooee's internet of things lighting ecosystem
Electronic component distributor APC Technology is to be the partner of Gooee’s internet of things lighting ecosystem.
Goldman´s retirement plan to pull $350m from Och-Ziff fund
Goldman Sachs Group’s retirement plan was set to liquidate almost all of its holdings in the hedge fund run by its investment bank’s most famous alumni, Daniel Och, according to a report by Bloomberg.
London close: Stocks finish higher after BoE rate cut and QE
UK equities finished on a high note on Thursday after the Bank of England cut interest rates and increased the size of its asset purchase programme.
Global economic uncertainty increases since Brexit vote, says ECB
Economic uncertainty has increased globally since the UK voted to leave the European Union, according to the European Central Bank (ECB) on Thursday.
Director dealings: Zegona chief makes second purchase of the week
Zegona Communications chief executive Eamonn O'Hare continued to top up his stake in the company after the shares were hit by the company walking away from a potential Spanish acquisition.
Aggregated Micro Power to acquire two new fuel businesses
Aggregated micro power (AMP), a wood fuels and energy product company, has announced the proposed acquisition of Midlands Wood Fuel and the customer base of Mi-Generation.
Credit Suisse and Jefferies weigh in on Ferrexpo
Analysts at Credit Suisse boosted their target price for Ferrexpo shares sharply higher to reflect the recent rise in iron ore prices and the outfit´s ability to generate cash.
AB InBev to take top roles in SABMiller takeover, 576 UK jobs could go
Brewing giant Anheuser-Busch InBev will take the top jobs following the £79bn takeover of rival SABMiller, while up to 576 UK jobs could go.
Toyota slides in first quarter, slashes full-year forecast
Carmaker Toyota Motor Corporation readied the market for its smallest annual profit in four years on Thursday, as the company faced the challenges of slowing demand in North America and a still-strengthening yen.
US open: Stocks slide as BoE cuts interest rates
US stocks declined on Thursday after the Bank of England cut interest rates and data showed weekly jobless claims rose more than expected.
Brammer scraps dividend as it swings to loss
Brammer scrapped its dividend on Thursday as it said it swung to a loss in the first half.
London midday: Stocks snap higher as BoE cuts interest rates, boosts QE
London stocks jumped on Thursday as the Bank of England cut interest rates and increased the size of its asset purchase programme.
Hikma Pharmaceuticals warns generic drug delays will lower profit
Shares in Hikma Pharmaceuticals plummeted on Thursday after the drugmaker's overnight warning that delays to new US generic products would lower profits.
UK auto market 'cooling' as consumer confidence declines
Britain’s automobile market cooled as car registrations were flat and demand from private consumers fell in July, suggesting a decline in consumer confidence, according to a leading business lobby group.
FTSE 100 movers: Aviva flies while Hikma sinks lower
The FTSE 100 was trading higher on Thursday afternoon, as investors digested the Bank of England's decision to cut interest rates for the first time since 20098 and bolster quantitative easing.
Factory orders fall slightly less than expected, durable goods revised touch higher
Factory orders fell slightly less than expected in June as durable goods orders were revised slightly higher by the Commerce Department on Thursday.
IAG traffic ascends to 15.7pc in July
Passenger traffic growth at British Airways and and Iberia owner International Consolidated Airlines Group (IAG) soared higher in July.