Market Pulse
Europe midday: Stocks flat amid thin volumes as US celebrates Thanksgiving
European stocks were little changed by midday, with volumes lower than usual as traders stateside took a break for Thanksgiving.
Turkish central bank unexpectedly hikes rates
Turkey´s central bank hiked its main policy rates by more than was expected in a bid to defend its currency which was trading at multi-year lows versus the US dollar.
GlaxoSmithKline starts Phase III studies of daprodustat for anaemia
GlaxoSmithKline has started a phase III development programme to investigate daprodustat for anaemia associated with chronic kidney disease.
UDG Healthcare poised for future growth after disposals
UDG Healthcare is in a net cash position to deliver sustained future growth after the disposal of its United Drug Supply Chain (UDSC) businesses and MASTA.
Russia reiterates willingness to freeze its oil output ahead of technical meeting
Russia reiterated that it was willing to freeze its oil production in 2017, but cast a degree of doubt on its willingness to actually cut output ahead of a technical meeting between OPEC and non-member countries to try and reach an agreement.
PayPoint makes strategic and profit progress
Mobile and online payments company PayPoint saw its profits increase in the first half, as it focuses on initiatives to broaden its retail customer base.
Hayward Tyler Group wins contracts worth over £4.5m
AIM-listed engineer Hayward Tyler Group has won four contracts worth in excess of £4. 5m.
Belvoir Lettings says it's too early to predict impact of no fees
AIM-listed Belvoir Lettings said it could not predict the impact from not charging fees to tenants, as outlined in the Autumn Statement.
Skyscanner acquired by Chinese firm Ctrip for £1.4bn
UK-based travel website Skyscanner is to be bought over by Chinese travel company Ctrip, valuing the business at around £1. 4bn.
German GDP slows down in the third quarter, as exports drag
German gross domestic product slowed down in the third quarter, with only an acceleration in household consumption and higher government spend helping to offset the drag from falling exports and flat investment.
Caledonia's NAV rises as it hedges against Brexit uncertainity
Investment trust Caledonia’s interim net asset value rose as it hedged against Brexit uncertainty through a balance of UK and overseas investments.
Purplebricks sees no 'meaningful impact' from scrapping of letting agent fees
Online estate agent Purplebricks does not expect the proposed abolition of tenant fees for lettings, as set out in Chancellor Philip Hammond’s Autumn Statement on Wednesday, to have “any meaningful impact” on the business.
Mothercare swings to loss on weather, warehouse changes
Mothercare swung to a loss in the 28 weeks to 8 October as the retailer’s sales were hit by unseasonal weather and changes to its warehouse infrastructure.
TR Property benefits from weak pound post Brexit vote
TR property, an investment trust focused on the property sector, has been boosted by the drop in the pound since Britain decided to leave the European Union.
UK residential mortgage approvals rise but remain at low levels
Mortgage approvals for house purchase by the UK's big high street banks rose more than expected in October but remain fairly depressed, according to data released by the industry on Thursday.
German business confidence steady in November, Ifo shows
German business confidence was fairly steady in November, according to a widely-followed survey.
Marston's profits from improving pub estate and ale appeal
Full year results from Marston's confirmed the brewer's strong profits growth and revealed an encouraging start to new financial year and confidence about growth in 2017.
Hornby loss widens but turnaround plan progressing well
Model train maker Hornby reported a widening of its pre-tax loss in the six months to the end of September as revenue declined but said its turnaround plan was progressing well.
Trump urges Americans to "heal the divisions" in Thanksgiving speech
Donald Trump has given an address to mark the Thanksgiving Day holiday in the United States, calling on citizens in the country to come together after a "long and bruising political campaign".
HSS Hire warns over 2016 earnings
HSS Hire slumped on Thursday as the company warned that adjusted earnings before interest, taxes and amortisation in 2016 would be above the prior year but below the range of market expectations.