Market Pulse
Capita crashes on profit warning as clients dillydally
Capita warned that full year profits will be some way short of current forecasts after its third quarter was hit by a slowdown in some areas, one off costs and recent hesitation among clients.
Ryder Cup 2016 preview: USA out for revenge
The 41st instalment of the Ryder Cup between United States and Europe gets underway at the Hazeltine National in Minnesota on Friday and promises once again to be one of the sporting highlights of the year, with live text coverage available on Digital Look from tee-off on Friday through to the roaring finish on Sunday night.
US close: Stocks end in the red as Deutsche Bank slumps
US stocks ended in the red on Thursday amid growing concerns about Deutsche Bank and the broader financial sector.
Europe close: Stocks end on mixed note despite OPEC
European stocks were mostly higher on Thursday, with energy shares pacing the advance after OPEC ministers agreed a deal to cut production for the first time since 2008.
London close: Equities led higher by energy shares on OPEC deal
London stocks advanced on Thursday as investors weighed economic data and continued to evaluate OPEC’s decision to limit oil production for the first time since 2008.
Air Partner's performance continues to take off in first half
Air Partner, a global private charter airline provider, unveiled soaring profits for the first half ending 31 July 2016 on Thursday.
Liam Fox suggests Britain will become independent member of WTO post-Brexit
Britain continuing to trade with the EU will be “at least as free” when the country leaves the trading block as it is today, the international trade secretary said on Thursday, as he welcomed the chance to become an independent member of the World Trade Organisation (WTO) and for a ‘hard Brexit’.
Andrews Sykes shares surge on first half growth
Andrews Sykes Group posted its interim financial statement for the six months to 30 June on Thursday, with revenue from continuing operations rising to £30. 29m, from £28. 24m in the first half of 2015.
Life Science Developments shares rise despite lack of investment
Life Science Developments posted its unaudited interim results for the six months to 30 June on Thursday, with its loss before tax widening significant;y to $0. 33m from $0. 28m in the first half of 2015.
US open: Stocks fall as OPEC deal enthusiasm fades
US stocks fell on Thursday as the initial enthusiasm over OPEC’s agreement to limit production for the first time since 2008 faded.
Vernalis shares down on disappointing full year
Vernalis posted its audited results for the year to 30 June on Thursday, with revenue dropping to £12. 03m from £13. 71m in the year to 30 June 2015.
US GDP grew more quickly than expected in Q2
The US economy accelerated slightly over the three months to June, boosted by a big jump in consumption and with the other details of the report painting a more balanced picture of activity during the period than initially thought.
Accenture sees revenue rise on back of strong cloud service performance
Consulting and outsourcing services firm Accenture reported a 7. 6% rise in revenue for its final quarter of the year, a figure which outstripped analysts' expectations.
FTSE 100 movers: Energy shares gain on OPEC deal; Capita slumps on warning
London’s FTSE 100 index was up 0. 9% to 6,912. 59 in afternoon trade.
US pending home sales unexpectedly drop in August
US pending home sales unexpectedly declined in August, according to data from the National Association of Realtors (NAR).
Boxhill Technologies shares down as operating income disappoints
Boxhill Technologies posted its half year report for the six months to 31 July on Thursday, with revenue rising to £1. 13m from £0. 99m in the first half of 2015.
NCC Group buys US cyber security firm for up to $18.75m
Cyber security firm NCC Group has bought US cyber security and payment consultancy Payment Software Company for up to $18. 75m in cash.
FTSE 250 movers: Opec outperformers offset housing and outsourcing slips
Oil-related stocks led the FTSE 250 higher on Thursday after Opec's surprise overnight deal, though an initial spike tailed off towards the close.
PepsiCo raises full-year guidance on strong Q3 results
Wall Street expectations were largely beaten in PepsiCo's third quarter earnings report on Thursday, which was released ahead of the opening bell.
UK rate of house building slows in third quarter, NHBC stats show
There was an 8% decline in the number of new homes registered to be built in the UK in the three months to August compared to the same period last year.