Market Pulse
St Ives shares soar as trading remains positive
Shares in marketing company St Ives soared 25% on Thursday as it said, despite cancelling and deferring a number of projects in the final quarter, trading continued to be positive.
FTSE 100 movers: Housebuilders, Old Mutual slump; Coca-Cola fizzes higher
London’s FTSE 100 index was down 0. 1% to 6,862. 60 in afternoon trade, with housebuilders under pressure.
UK the biggest foreign investor in US with £449bn, says CBI
Its seems like the special relationship is paying off as the UK is the largest single investor in the US and supports over 1m jobs across the country, according to a business organisation.
US close: Markets in the green as oil soars
US stocks finished Thursday in the green, following gains in Europe as investors kept an eye on oil prices and processed weekly jobs data.
Thursday newspaper share tips: G4S, Paysafe
G4S’s new chief appears to be making progress in cleaning the business and growing it again, selling unwanted subsidiaries and safeguarding the dividend, The Times’s Tempus said.
Sector movers: Real estate stocks tumble
Defensive sectors had the edge on Thursday even as investors continued to bid the market higher, with tobacco stocks enjoying the strongest gains alongside the likes of Unilever, with the latter standing to gain from recent improved sentiment towards emerging markets.
Director dealings: Morgan Sindall founder backs company's regeneration
Morgan Sindall's co-founder and chief executive, John Morgan, has swooped into the market with a £3. 2m purchase of shares to show his confidence in the construction and regeneration group as its shares began to bounce off last month's three-year low.
Paul Turner, finance director at Samuel Heath, dies
Paul Turner, the financial director of faucet and shower manufacturer Samuel Heath, died on Thursday after a short illness.
ULS Technology appoints managing director to recently acquired Legal Eye
ULS Technology has appointed Paul Saunders as managing director of its wholly owned compliance subsidiary Legal Eye.
London close: Stocks claw back gains as oil prices rise
UK equities finished higher on Thursday, rebounding from an earlier decline, as oil prices regained strength.
Macy's surges as second-quarter numbers top expectations
Macy’s shares surged on Thursday after the retailer’s second-quarter earnings topped analysts’ expectations, as it announced the closure of 100 stores.
IEA cuts 2017 forecast for oil demand in monthly report
Oil demand is expected to slow next year as the global economic outlook has weakened, according to the International Energy Agency on Thursday.
Sky and Channel 4 back British online TV rights tool TRX
Sky and Channel 4 have both invested in The RightsXchange (TRX), a new online deal-making tool that enables TV rights buyers and sellers from around the world to complete licensing deals entirely online.
Asian Citrus orange volumes feels squeeze from citrus greening disease
Chinese orange plantation owner Asian Citrus Holdings reported a decline in production volume and predicted full-year results will be “significantly worse” than last year due to a citrus greening disease affecting its trees.
Montana court rules against Iofina water permit
Iodine exploration and production specialist Iofina issued a statement to the market on Thursday, noting the recent decision of the Montana District Court in respect of its water depot project in the US state.
Kohl's posts far better than expected profits as margins improve
Kohl’s Corp. shares jumped after the company posted far-better-than expected quarterly earnings, despite lowering its full-year outlook.
Vast Resources reports positive drilling at Manaila
Romania and Zimbabwe-focused mining company Vast Resources announced the results of a phased drilling programme at the producing open pit operations of the Manaila Polymetallic Mine in Romania on Thursday.
Alibaba reports sharp rise in quarterly sales
Alibaba Group reported a sharp rise in quarterly sales as it continued to reshape its platform.
US open: Stocks track gains in Europe as investors eye oil prices
US stocks rose on Thursday, tracking gains in Europe as investors kept an eye on oil prices and processed weekly jobs data.