Market Pulse
FTSE 250 movers: Newly-formed JRP surges while Sports Direct flounders
The FTSE 250 was in the green during afternoon trading on Thursday, as the Bank of England decided to keep policy measures unchanged.
Morrisons sales relatively flat, though earnings surge
Supermarket chain Wm Morrison 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%.
US industrial production drops a little more than expected
US industrial production fell a touch more than expected in August, according to the latest data from the Federal Reserve.
Thursday newspaper share tips: Galliford Try, Pure Gym
Galliford Try is perhaps best-placed to weather the downturn from Brexit, The Daily Telegraph's Questor column said, pointing to the company's diversified business model.
Most-shorted Morrisons could see burnt fingers for shorters, Cavendish warns
Around 18% of Wm Morrisons’ stock is currently out on loan, offering investors the potential for strong gains should the grocer continue to perform as well as its half-year results suggest, a fund manager said on Thursday.
FTSE 100 movers: Morrisons leads rally, Hargreaves' double hit
Boosted by encouraging retail data and a serene Bank of England, the FTSE 100 turned higher by Thursday afternoon, with Morrisons topping the index.
Philly Fed index beats expectations
Manufacturing conditions in the Philadelphia region unexpectedly improved in September, according to a survey from the Federal Reserve Bank of Philadelphia.
US retail sales miss forecasts slightly in August
US retail sales volumes decreased by 0. 3% month-on-month in August to reach $456. 3bn, according to the Department of Commerce.
Empire State manufacturing index misses estimates in September
Business conditions in the New York region improved less than expected in September, remaining in contraction territory, according to a survey from the New York Fed.
Pubs outdo restaurants again in August, Coffer Peach data shows
UK large pub and restaurant groups enjoyed better sales in August as Britain took advantage of better weather to eat and drink out.
US initial jobless claims rise less than expected
The number of Americans filling for unemployment benefits increased less than expected last week, according to data from the Labor Department.
Brussels coordinating plan for EU "defence bonds"
The European Commission is working on an initiative to issue "defence bonds" to finance investment for an increase in military coordination among EU member states, according to vice-president of the body Jyrki Katainen.
Date for Italy referendum on constitutional reform to be set at September meeting
The Italian government will meet on 26 September to decide on a date for the referendum on constitutional reform, the Prime Minister said on Thursday.
Purplebricks shares rise as AGM begins
Hybrid estate agency Purplebricks Group issued a trading update for the 19 week period to 14 September on Thursday, as investors gathered for the company’s annual general meeting.
Europe midday: Stocks turn higher amid lack of direction
European stocks turned a little higher on Thursday, struggling for direction as investors continued to mull over central bank policy.
London midday: Stocks rise as BoE keeps policy unchanged
London stocks recovered from earlier losses on Thursday as the Bank of England decided to keep policy measures unchanged.
Sound Energy shares slide despite positive progress
Europe and Africa-focused upstream oil and gas company Sound Energy announced its unaudited half year report for the six months to 30 June on Thursday - a period in which it made a significant onshore Morocco gas discovery with the potential for a multi Tcf connected gas field, at Tendrara.
Sierra Rutile and Iluka continue merger talks beyond deadline
Sierra Rutile updated the market on its merger transaction with Iluka Investments on Thursday, after a significant deadline elapsed in their agreement.
Be Heard Group shares slide on first interim results
Digital marketing services company Be Heard Group announced its unaudited interim results for the six months to 30 June on Thursday, with turnover of £14. 71m, up from £2. 35m in the period to 31 December 2015.
US pre-open: Stocks seen touch higher ahead of data deluge
US futures pointed to a slightly firmer open on Wall Street following losses in the previous session, as investors braced for an avalanche of data releases.