Market Pulse
DS Smith H1 trading in line with expectations
DS Smith said on Thursday that trading in the half-year to the end of October has been in line with its expectations.
Moneysupermarket nabs Mark Lewis from John Lewis
Moneysupermarket. com Group announced the appointment of Mark Lewis as chief executive officer on Thursday, succeeding Peter Plumb who had indicated in August that he will step down on or before the group's annual general meeting in May next year.
Debenhams full-year profit nudges up
Department store chain Debenhams posted a small increase in underlying full-year pre-tax profit on Thursday, but reported profit fell and the company said the trading environment in the second half was more challenging.
Inchcape's Q3 revenue rises, gains from weak pound
Automotive distributor and retailer Inchcape third quarter revenues increased as it benefitted from the weak pound.
EE acquisition helps boost revenue at BT
Telecommunications provider BT Group announced its results for the second quarter and half year to 30 September on Thursday, with reported revenue up 35% for the quarter, and growth in underlying revenue - excluding transit adjusted for the acquisition of EE - up 1. 1%.
London pre-open: Stocks seen lower ahead of GDP data
London stocks were set for a weaker open on Thursday ahead of the release of UK economic growth figures for the third quarter.
Thursday newspaper round-up: public spending, maternity leave, Dong Energy
The mayor of London and the CBI employers’ group are urging Philip Hammond to increase public spending as a way of reassuring businesses fearful of the consequences of leaving the EU. Sadiq Khan will accuse the government of being “blasé” towards the impact of Brexit and will call on the chancellor to dispel some of the uncertainty over negotiations with Europe. – Financial Times.