Market Pulse
Action Hotels wins award for Brisbane property
Middle East and Australia-focused hotel owner, developer and asset manager Action Hotels announced on Thursday that ibis Styles Brisbane Elizabeth Street has won a ‘Best Economy Hotel’ award at the 2016 HM Awards.
Botswana Diamonds starts drilling at Kalahari Desert mine
AIM-listed explorer Botswana Diamonds has started a drill programme at its mine in the Kalahari Desert and is "cautiously optimistic" of finding kimberlites.
Verizon sees another decline in quarterly revenue, silent on Yahoo deal
Verizon Communications missed expectations on revenue in its third quarter earnings report on Thursday before the opening bell.
E.ON set for another record loss in 2016 - reports
German energy company E. ON is set for another year of record losses, according to German daily newspaper Handelsbatt.
UK construction sector activity firms in third quarter
UK construction workloads lifted slightly in the third quarter, though growth in London was depressed by Brexit uncertainty, according to a survey of the sector published on Thursday.
Hayward Tyler expects to meet revenue expectations despite loss
Engineer Hayward Tyler Group said it remains confident of meeting full year expectations, despite warning of losses in the first half.
BNY Mellon third-quarter earnings top expectations
Bank of New York Mellon reported better-than-expected third-quarter figures on Thursday.
Brooks Macdonald appoints new CEO
Brooks Macdonald Group, AIM listed investment management services company, has appointed Caroline Connellan as its chief executive officer, starting on April 2017.
Weatherly International to meet copper production expectations by end of 2016
AIM-listed copper miner Weatherly International said it would meet production expectations by the end of the year, despite a groundwater problem at its Namibia mine.
Ixico pens deal to help develop a therapy for Parkinson's like diesease
Shares in AIM-listed Ixico rose above 22% on Thursday, as the brain health company announced it had signed a $1. 2m contract with a global pharmaceutical for imaging clinical trial services for a Parkinson's-like neurodegenerative disease.
Georgian Mining drill programme intercepts more copper and gold
Georgian Mining Corporation reported on Thursday that continued drilling at the Kvemo Bolnisi Project in Georgia has intercepted additional significant near-surface copper and gold sulphide mineralisation.
Lufthansa flies higher as it lifts 2016 profit target; peers get a boost
Deutsche Lufthansa shares flew higher on Thursday as the airline lifted its earnings forecast for the year and posted better-than-expected earnings for the first nine months.
Europe midday: Stocks little changed as investors eye ECB
European stocks wavered in a tight range as investors sifted through earnings and exercised a little caution ahead of the European Central Bank’s latest policy announcement.
Stratex International enters into service agreement with Goldstone
Gold and base metals exploration and development company Stratex International announced on Thursday that it has entered into a service agreement with Goldstone Resources.
US pre-open: Stocks seen touch higher ahead of data deluge
US futures pointed to a marginally higher open on Wall Street ahead of some key data releases and more earnings reports.
UK's deficit falls while gross debt increases, says ONS
Britain’s deficit fell for the 2016 financial year fell while gross debt increased for the 14th consecutive year, according to the Office of National Statistics.
Asia report: Most markets higher as Oz job numbers fall
Markets in Asia ended mostly higher on Thursday, closing after the third and final US presidential debate between Hillary Clinton and Donald Trump finished.
Octagonal's GIS reports a rise in revenue as it gaines from weak sterling
AIM-listed financial services investment company Octagonal’s subsidiary Global Investment Strategy reported an record revenue for the first half of the year as the company benefited benefited from the weak pound.
American Express raises outlook after strong quarterly earnings
Credit card company American Express reported better-than-expected profits and revenue for its third quarter of 2016 on Wednesday, raising its outlook for the year as a result.
Lombard Risk Management's revenue rises while not affected by Brexit
Shares in AIM-listed Lombard Risk Management soared to nearly 23% on Thursday, as the compliance and collateral management software provider reported an increase in half-year revenue, while it said it had not been affected by Brexit uncertainty.