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Market Pulse
31 Jan
lithium carbonate
IronRidge pleased with progress at Cape Coast Lithium

IronRidge Resources updated the market on its activities at the Cape Coast Lithium portfolio in Ghana, West Africa on Thursday, reporting that the 4,684m reverse circulation (RC) exploration and resource drilling was completed at the Abonko target and Ewoyaa Lithium Project.

31 Jan
YouGov logo
YouGov expecting bumper year after first half

Research and data analytics company YouGov updated the market for the six months ending 31 January on Thursday, reporting that half-year trading was anticipated to be ahead of the board's targets.

31 Jan
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Asia report: Markets mixed as China data disappoints again

Markets in Asia finished their Thursday sessions in a mixed state, after fresh data from China showed a second month of contraction in a row for its economy.

31 Jan
wagamama restaurant
RBC Capital starts Restaurant Group at 'outperform' on Wagamama deal

RBC Capital Markets initiated coverage of Restaurant Group at 'outperform' with a 200p price target on Thursday, as it said the company has been "transformed" by the acquisition of Wagamama, which completed at the end of November.

31 Jan
standard life aberdeen sla
Morgan Stanley downgrades Standard Life to 'equal-weight'

Standard Life Aberdeen was downgraded to 'equal-weight' by analysts at Morgan Stanley on Thursday, stating that recent efforts by management to unlock further shareholder value had failed to drive the stock's performance.

31 Jan
Foxtons earnings set to drop amid tough sales market

Foxtons said on Thursday that last year was one of its toughest years in terms of sales markets, with earnings expected to drop significantly and 2019 likely to remain challenging.

31 Jan
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Watchstone revenues slide as 'challenging' conditions persist

Technology solutions outfit Watchstone saw revenues fall back and profits stay flat in its last trading year as a result of "challenging" trading conditions and adverse movements in the Canadian dollar.

31 Jan
Belvoir letting
Belvoir Lettings updates on year of 'continued and encouraging' growth

British property franchiser Belvoir Lettings reported a year of "continued and encouraging growth" on Thursday, with both revenues and profits moving ahead.

31 Jan
qinetiq defence soldier robot controller
QinetiQ profits improve in third quarter

Defence and security technology group QinetiQ kept its sights firmly fixed on its full year targets after reporting third-quarter growth and further progress with international contracts.

31 Jan
london stock exchange paternoster
London midday: Shell and Diageo pace the gains as investors cheer dovish Fed

London stocks were holding on to their gains by midday on Thursday, with sentiment underpinned by a dovish statement from the Federal Reserve and solid results from the likes of Shell and Diageo.

31 Jan
Wall street america US USA signs
US pre-open: Stocks seen mixed after dovish Fed; Facebook surges on results

US stocks looked set for a mixed open on Thursday as investors digested dovish comments from Fed chairman Jerome Powell and a slew of earnings from the likes of Facebook and Microsoft.

31 Jan
drilling oil
Diversified Gas and Oil restates revised guidance following 'strong' Q4

Diversified Gas and Oil told investors on Thursday that trading in the final quarter of 2018 had "remained strong".

31 Jan
allemagne-l-inflation-au-plus-haut-depuis-plus-de-6-ans-et-demi
German retail sales register "horrible" drop in December

Retail sales in the Eurozone's so-called growth engine came to an abrupt halt at the end of 2018, in what some economists described as a "horrible" turnout for the sector.

31 Jan
alan jope unilever
Unilever's Jope expects further challenges as sales soften

Unilever said underlying sales growth will remain at the bottom end of its guidance in 2019 after growth at the Marmite and Ben & Jerry's slowed in the fourth quarter.

31 Jan
drapeaux-france-allemagne
Europe midday: Losses for banks after Fed decision, poor data weigh on sentiment

Stockmarkets across the Continent are giving up their early gains, weighed down by losses in lenders' shares as some analysts express surprise, when not overt criticism, at the degree of dovishness shown by the US Federal Reserve overnight.

31 Jan
handshake
AO World founder John Roberts returns as CEO

Online electrical retailer AO World announced on Thursday that chief executive officer Steve Caunce has stepped down from the board with immediate effect, with founder John Roberts set to take on the role again.

31 Jan
European Central Bank, ECB, euro, eurozone, single currency
Eurozone growth stable in Q4 but Italy slips into recession

Economic growth in the eurozone was stable in the fourth quarter, according to preliminary data released by Eurostat, but Italy fell into recession.

31 Jan
fireman
FireAngel swings to loss in year of 'significant disruption and distraction'

Home safety outfit FireAngel warned investors on Thursday that its full-year results would fall short of market expectations, swinging to an underlying loss of £2m from a £4. 7m underlying profit last time.

31 Jan
houses london housing
UK house prices stagnate amid Brexit uncertainty - Nationwide

Annual house price growth stagnated in January amid Brexit uncertainty, according to the latest survey from Nationwide.

31 Jan
rpc plastic
Berry Global mulls hijacking RPC's Apollo deal

US plastics giant Berry Global may undo the five months of works that led to Apollo making an offer for RPC Group last week.