Market Pulse
Broker tips: Schroders, Reckitt Group, Jet2
Numis has trimmed its target price for Schroders from 380. 0p to 365. 0p on Thursday after first-quarter results from the asset management firm were "a little weaker than expected".
London close: Stocks finish mixed as US GDP growth slows
London's stock markets finished with a mixed performance on Thursday, as investors digested a slower-than-expected GDP growth reading from the United States, while a slew of well-received earnings underpinned the top-flight index.
Director dealings: Journeo director raises stake
Journeo revealed on Thursday that non-executive director Barnaby Kent had acquired 9,656 ordinary shares in the AIM-listed transport solutions provider.
US pending home sales unexpectedly rise in March
US pending home sales unexpectedly improved in March, according to the National Association of Realtors.
US open: Stocks sharply lower following macro data, tech earnings
Wall Street stocks were in the red early on Thursday as investors digested disappointing earnings from some of the tech's biggest names.
FTSE 100 movers: Anglo American surges on BHP bid; Schroders in the red
London’s FTSE 100 was up 0. 3% at 8,061. 26 in afternoon trade on Thursday.
RBC Capital lifts Jet2 price target
RBC Capital Markets lifted its price target on Jet2 on Thursday to 2,000p from 1,950p following the company’s trading statement a day earlier.
Petro Matad still working to secure Mongolia approvals
Mongolia-focussed oil company Petro Matad said in an update on Thursday that it was actively engaged with local government agencies to secure the necessary approvals from Matad District to kickstart its 2024 operational programme.
Revenue, earnings to fall at Driver Group
Dispute avoidance and resolution consultancy Driver Group said in a trading update on Thursday that it expected to report revenue of £22. 5m for its first half, slightly down from £24. 2m a year earlier.
Anglo American surges on £31bn takeover bid from BHP
Anglo American surged on Thursday after it received an unsolicited non-binding and highly conditional £31. 1bn all-share takeover proposal from Australia’s BHP Group - a deal that would create the world’s largest miner and copper producer.
Turkey central bank holds interest rates at 50%
Turkey’s central bank left interest rates on hold on Thursday at 50% as it said it was keeping a close eye on inflation.
US initial jobless claims hit two-month low
Americans lined up for unemployment benefits at a decelerated pace in the week ended 20 April, according to the Labor Department, dropping to the lowest level seen since February.
Berenberg lowers target price on Reckitt Group
Analysts at Berenberg lowered their target price on household goods manufacturer Reckitt Group from 5,800. 0p to 5,100. 0p on Thursday, citing limited visibility going forward.
Greece's Mytilineos considering secondary listing in London
Greek industrial and energy company Mytilineos said on Thursday that it was considering a potential secondary listing on the London Stock Exchange.
US pre-open: Futures lower as Meta guidance disappoints
Wall Street futures were in the red ahead of the bell on Thursday as investors digested disappointing earnings from some of the tech industry's biggest names.
Deutsche Bank Q1 profits boosted by investment banking
Deutsche Bank posted a jump in first-quarter pre-tax profit on Thursday, underpinned by a solid performance from investment banking.
React H1 revenues grow, EBITDA surges
Cleaning firm React Group said on Thursday that revenues and profits had both grown in the six months ended 31 March.
Norman Broadbent net fee income drops in Q1
Professional services firm Norman Broadbent said on Thursday that net fee income had dropped in the three months ended 31 March.
Kromek wins contract with US federal entity
Radiation and bio-detection technology Kromek Group has secured a contract with an unnamed "US federal entity" for the provision of nuclear security products.
Anexo makes Bringloe's CFO appointment permanent
Credit hire and legal services provider Anexo Group has tapped Mark Bringloe to take over as chief financial officer.