Market Pulse
Clinton warns AT&T-Time Warner merger needs to be carefully monitored
US presidential candidate Hillary Clinton expressed concern over the proposed acquisition of Time Warner by telecoms giant AT&T.
Bacanora Minerals to progress with feasibility study at lithium project
AIM-listed explorer Bacanora Minerals said it had gained the necessary funds during to progress with a feasibility study at its lithium carbonate project in Mexico.
UBS upgrades Antofagasta after sharp share price falls
UBS upgraded Antofagasta, a Chilean copper mining company, from ‘sell’ to ‘neutral’ even after the company released a weaker than expected production target for fiscal year 2017, albeit at the same time lowering the price target from 520p to 500p.
Europe midday: Stocks little changed as bank earnings digested
European stocks wavered on Thursday as investors digested uninspiring Chinese data and sifted through more earnings releases, with banks in the spotlight.
Berendsen's quarterly revenues rise but operational issues take toll
Textile service company Berendsen’s quarterly revenue rose, but continued operational issues resulted in higher costs.
Asia report: Markets mixed as energy stocks stumble
Asian markets finished mixed on Thursday, with lower oil prices still putting pressure on energy stocks in the region.
KAZ Minerals posts rise in Q3 copper production
Kaz Minerals reported a rise in copper cathode equivalent output for the third quarter thanks to stronger production in the East Region, Bozymchak and Aktogay.
Misys abandons IPO plans
UK software company Misys has ditched its plans to float on the London Stock Exchange.
Hunting to tap investors for more cash
Energy services company Hunting said its sales stabilised over the third quarter and announced plans to tap investors for fresh equity to reduce the company's debt and increase its financial flexibility.
Galaxy Note 7 issues damage Samsung ´s profits
Samsung has realised the full extent of the demise of its flagship smartphone, the Galaxy Note 7, after recording a 30% plunge in its operating profits in its latest quarterly earnings report.
Brexit not a big concern for Fidessa
Trading, investment management and information solutions provider Fidessa Group posted its interim management statement on Thursday, for the period since 1 July.
UK GDP grows more than expected in third quarter, ONS reveals
The UK economy grew more than expected in the third quarter, according to the first official data covering a full quarter since the Brexit vote.
UK government cuts Lloyds stake to just under 9%
The UK government has cut its stake in Lloyds Banking Group to just under 9%, or 6. 42bn shares from 7. 1bn previously.
Redefine earnings rise despite tough market conditions
Income-focused UK real estate investment trust Redefine International announced its results for the year to 31 August on Wednesday, with a 17. 6% increase in earnings available for distribution to £52. 2m.
RELX Group's expects revenue, profit, earnings to grow for full year
Information and analytics company RELX Group said its outlook remains unchanged and it expects underlying revenue, profit and earnings to increase for the full-year.
Henderson reports Q3 retail outflows on Brexit
Henderson Group reported a 6% rise in assets under management in the third quarter, but retail outflows of £1bn, which it said coincided with the UK’s vote to leave the European Union.
Deutsche Bank turns surprise third quarter profit, shares rise
Third quarter profits at Deutsche Bank rose to €278m following a loss of €6. 1bn one year ago, driven by strong revenues from trading.
Tesla unexpectedly reports second-ever quarterly profit
US car-maker Tesla surprised many on Wednesday after it posted its second-ever quarterly profit, despite analysts estimating that it would record another loss.
Europe open: Stocks waver as investors sift through bank earnings
European stocks wavered in early trade as investors digested uninspiring Chinese data and sifted through bank earnings.
London open: Bank jitters, bond yield back-up weigh on Footsie
London stocks edged lower at the start of trading, weighed down by jitters surrounding euro area lenders such as Deutsche Bank and Monte dei Paschi di Siena and a back-up in bond yields during the previous session.