Market Pulse
Sigma Capital sells completed Salford site to the PRS REIT
Private rented sector (PRS) residential development and urban regeneration specialist Sigma Capital announced the sale of a completed PRS development site to the PRS REIT for £11. 7m on Thursday, as well as a forward contract with the PRS REIT over a further site.
Apple stock tanks as CEO warns of 'lower than anticipated' sales in China
Apple chief executive Tim Cook warned investors late on Wednesday that sales in its all-important holiday quarter would fall short of expectations as a result of "lower than anticipated" sales in China, marking the first such move in nearly 20 years, according to analysts.
DNO extends 152p a share offer for Faroe Petroleum
Norwegian oil producer DNO has extended its 152p a share takeover offer for Faroe Petroleum by two weeks to 18 January.
UK construction PMI slips to three-month low in December
Activity in the UK construction sector eased to a three-month low in December, according to figures released on Thursday.
Bango makes CFO Rand's appointment permanent
Mobile commerce outfit Bango saw Carolyn Rand become the firm's new chief financial officer on Tuesday.
Randall & Quilter subsidiary signs news underwriting partnership
Randall & Quilter said on Thursday that its wholly-owned European subsidiary, Accredited Europe, has signed a new program underwriting partnership with CPD Underwriting Solutions, a UK Managing General Agent providing both private motor and household insurance.
Bonds: Government debt markets extend gains at the start of 2019
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
London open: Stocks drop after Apple warning but retailers get a boost from Next
London stocks fell in early trade on Thursday after US technology giant Apple cut its guidance for the first quarter and miners found themselves under the cosh, but retailers were buoyed by a well-received update from Next.
Primary Health Properties announces first quarterly dividend of 2019
Primary Health Properties announced the payment of its first quarterly interim dividend in 2019 of 1. 4p per ordinary share on Thursday.
Costain sees full year in line with expectations after good H2
Costain said on Thursday that full-year results should be in line with the board’s expectations as it continued to perform well in the second half.
London pre-open: Stocks to drop after Apple warning
London stocks were set for losses at the open on Thursday after US technology giant Apple cut its guidance for the first quarter.
Ryanair traffic jumps 12% in December
Budget airline Ryanair posted a 12% jump in traffic for December on Thursday.
Thursday newspaper round-up: Manufacturers, Apple, Deutsche Boerse, Iceland
Britain’s manufacturers are facing the biggest shortage of skilled workers since 1989 amid record levels of UK employment and falling numbers of EU27 nationals coming to the country to work since the Brexit vote. The British Chambers of Commerce (BCC) said more than four-fifths of manufacturers struggled to hire the right staff in the final months of 2018. – Guardian.
US close: Markets end higher despite data disappointment
US stocks reversed earlier losses to finish in the green on Wednesday, ringing in the new year despite disappointing Chinese manufacturing data undermining sentiment before the opening bell.