Market Pulse
US close: Stocks close higher as weak data makes rate hike seem unlikely
US stocks closed higher on Thursday after weak data on retail sales and industrial production fuelled bets against an interest rate hike by the Federal Reserve at next week’s meeting.
Fairpoint's fist half revenue grows on legal services
Fairpoint Group, a UK based provider of consumer professional services, reported revenue growth in the first half, 76% of which came from its legal services.
Trump in "excellent" health, according to latest doctor note
Republican presidential candidate Donald Trump's campaign has released a new doctor's note which states that the 70-year-old is in "excellent physical health", as the race for the White House increasingly focuses on the nominees' physical condition.
Europe close: Markets finish higher as BoE stands pat
European stocks turned a little higher on Thursday, struggling for direction as investors continued to mull over central bank policy.
Wells Fargo down for fifth consecutive day after phantom account scandal
Shares in American bank Wells Fargo have fallen 8% since revelations over the creation of fake accounts to meet sales targets broke last week.
London close: Stocks rise as BoE stands pat on policy
The FTSE 100 ended higher on Thursday as the Bank of England decided to keep policy unchanged and as UK retail sales data came in better than forecast.
Crawshaw trading butchered by Brexit and supermarket promotions
Butcher's chain Crawshaw Group warned that trading conditions have remained difficult in recent weeks and that hitting full year targets will depend on measures it has taken to try and restore sales momentum ahead of the very important winter and festive season.
Amerisur revenue slips and loss widens in first half
South America-focused oil and gas producer and explorer Amerisur Resources announced its interim results for the six months to 30 June on Thursday, with revenue of $24. 4m down significantly from $40. 3m in the first half of the prior year.
Franchise Brands shares up on first half growth
Multi-brand international franchisor Franchise Brands announced its maiden interim results for the six months to 30 June on Thursday, in line with management expectations.
Tribal Group stock up as revenue and earnings slide
Tribal Group published its half-year report for the six months to 30 June on Thursday, with revenue dropping 22% to £45. 2m.
IndigoVision narrows loss despite falling revenue
IndigoVision Group posted its interim results for the six months to 30 June on Thursday, with overall revenue dropping slightly to $21. 8m, from $22. 6m.
Powerflute agrees 90p a share takeover offer
Powerflute has received a £268m offer from an affiliate of US private equity firm Madison Dearbon Partners.
Northacre's H1 revenue falls a it cautions about Brexit uncertainity
Property company Northacre’s half year revenue fell, as it warned about the uncertainty arising from Brexit and called for a review of the current stamp duty levy.
US senator requests investigation into non-prosecution of Wall Street executives
A formal investigation has been requested by US senator Elizabeth Warren into the reasons why no criminal charges were brought against those involved in the global financial crisis of 2008.
Blackrock join in on Volkwsagen investors' emissions scandal lawsuit
Asset management firm Blackrock has joined a group of Volkswagen shareholders who are bringing a lawsuit against the German car manufacturer over the practices it conducted related to its emissions scandal.
Directors' dealings: Headlam's new chief splashes out
Fresh from his promotion to head up the flooring company, Headlam Group's new chief executive Steve Wilson has shown his confidence in the company with the purchase of more than £223,000 of shares.
US open: Stocks rise as investors mull weak retail sales data
US stocks rose on Thursday after weak data on retail sales and industrial production added to the case against an interest rate hike by the Federal Reserve at next week’s meeting.
Rouble volatility a boon for Eurasia Mining
Eurasia Mining posted its interim results for the six months to 30 June on Thursday, with zero revenue, against revenue of £3,640 in the six months to 30 June last year.
Credit Suisse upgrades CCH, lifts target
Analysts at Credit Suisse upgraded their recommendation Coca Cola bottler CCH and lifted their target price on the shares given its attractive top-line growth and EBIT potential.
Results round-up
Supermarket chain Wm. Morrisons released its interim numbers for the half year to 31 July on Thursday, with first half like-for-like sales excluding fuel and VAT up 1. 4%.