Market Pulse
Halfords' revenues climbs but affected by weak pound
Bike and motor retailer Halfords’ half year revenues were up, but it was affected by the recent weak sterling against the dollar.
UK will have a 'constructive dialogue' with Trump, says Hammond
Chancellor Philip Hammond said Britain would have a “constructive dialogue” with Donald Trump as he defended free-trade policies, which are at odds with the president-elect's protectionism.
General Motors to lay off over 2,000 in Michigan and Ohio
Falling demand for passenger cars will lead to job cuts affecting 2,000 General Motors employees starting from the first quarter of next year.
Capita announces management, structure reshuffle
Capita has announced a reshuffle of its board as it looks to simplify its organisational and management structure to better position itself better for future growth.
Lifeline Scientific sets December date for delisting
Clinical transplantation products supplier Lifeline Scientific announced on Thursday that the merger provided for in the agreement and plan of merger entered into with Shanghai Genext Medical Technology Co on 1 September, is expected to close on 8 December.
Permanent TSB trading in line in Q3
Permanent TSB posted its third quarter trading update for the three months to 30 September on Thursday, with new mortgage lending drawdowns increasing by 12% on a year-on-year basis.
Market Tech hands Hawley Infants School to Camden council
Market Tech, an owner of property assets in North London, has handed over Hawley Infants School, which was the first phase of a development, to the London Borough of Camden.
Bernie Sanders "prepared to work with Trump" but ready to oppose extreme policies
Vermont senator Bernie Sanders has vowed to work with Donald Trump after the Republican was elected as the 45th president of the United States on Tuesday, but promised to fiercely oppose any policies that contained "racist, sexist, xenophobic and anti-environment" sentiments.
Dalradian Resources losses slightly widen as it continues development
Dalradian Resources announced its results for the three and nine months ended September 30 on Thursday, including closing cash and cash equivalents of $43. 1m, down from $43. 3m on 31 December 2015.
Greatland Gold signs memorandum of understanding with Metal Tiger Australia
Miner Greatland Gold signed a memorandum of understanding with Metal Tiger Australia, a subsidiary of AIM-listed Metal Tiger, to explore new opportunities in the precious metals and base metals sectors for 12 months.
Akers Biosciences gains European patent for ketone breath device
Akers Biosciences, a developer of rapid health information technologies, gains a European patent for its ketone acid breath device.
ServicePower Technologies confirms talks with Constellation Software subsidiary
ServicePower Technologies confirmed it is in preliminary discussions with Jonas Computing, a subsidiary of Canada’s Constellation Software Inc, which could lead to an offer being made for the company.
Stadium's Finance director steps down
Stadium, an AIM-listed supplier of wireless solutions, power supplies and electronic assemblies, announced that its Group Finance Director Rex Orton has been unable to assume his position due to ill health and will step down with immediate effect.
Europe midday: Stocks push higher; Aegon and Vivendi surge
European stocks rose on Thursday amid hopes that Donald Trump’s plans to boost infrastructure spending and cut the corporate tax rate will help to underpin equities.
Falcon Acquisitions gobbles up Teevee Networks for £0.5m
Over-the-top services investment company Falcon Acquisitions announced on Thursday that it has entered into an agreement to acquire Teevee Networks Limited, a direct to consumer media technology company, for £500,000.
Newspapers around the world react to President Trump
With the news breaking very early on Wednesday morning, Thursday was the first opportunity for global media to respond in full to the news that Republican Donald Trump would be the next president of the United States.
Hikma Pharmaceuticals nudges down FY revenue guidance
Hikma Pharmaceuticals said on Thursday that it is currently generating “good” revenue growth, but it nudged down its full-year revenue guidance, saying it now expects it to rise by around 35% to $2bn at constant currency, down from a previous range of $2bn to $2. 1bn.
Swallowfield trading in line, confident about FY prospects
AIM-listed Swallowfield, which develops and supplies personal care and beauty products, said trading in the first four months of the year has been in line with expectations as it expressed confidence in its prospects for the year.
Asia report: Japan posts stunning recovery while NZ cuts rates
Asian markets posted a stunning recovery on Thursday, after plummeting in the face of a Donald Trump victory in the US presidential election on Wednesday, as investors reassessed just what the Republican victor means for the markets.
Proactis to buy Millstream Associates for £15.5m
Proactis, a spend control software provider, has agreed to buy Millstream Associates, a provider of e-procurement systems and services to the public sector, for £15. 5m as part of its growth strategy.