Market Pulse
Director dealings: Breedon CEO raises stake
Breedon Group revealed on Thursday that chief executive Rob Wood had acquired 10,909 ordinary shares in the FTSE 250-listed construction materials company.
Goldman Sachs to scrap bonus cap for UK dealmakers
Goldman Sachs will remove a cap on bonuses for its London-based staff, according to Sky News, with the firm now set to resume making multi-million-pound payouts to its top-performing traders and dealmakers.
FTSE 100 movers: Smurfit shoots higher; Glencore goes ex-div
London’s FTSE 100 was up 0. 6% at 8,173. 17 in afternoon trade on Thursday.
Peloton announces CEO departure; to cut 15% of workforce
Peloton announced the departure of its chief executive on Thursday, alongside plans to cut around 15% of its workforce amid a restructuring programme aimed at reducing annual expenses by more than $200m.
US open: Stocks higher following FOMC decision
Wall Street trading got off to a positive start on Thursday as investors continued to feast on corporate earnings and another slew of data points.
Lords Group extends £95m lending facility
Building materials distributor Lords Group announced an extension to its current £95m lending facilities on Thursday.
Personal Group sustains momentum through first quarter
Personal Group said in an update on Thursday that it had sustained positive momentum throughout the first quarter of the year, driven by enhancements in leadership and streamlined operational processes.
US jobless claims hold steady in week ended 26 April
The number of Americans lining up for unemployment benefits was unchanged at 208,000 in the week ended 27 April, according to the Labor Department, remaining at the lowest level in two months and firmly below market expectations for a reading of 212,000.
U.S. foreign trade deficit little changed in March, consumer goods imports strong
America's shortfall on trade with the rest of the world was little changed in March, as both exports and imports suffered large declines.
US pre-open: Futures higher following Fed rate decision
Wall Street futures were in the green ahead of the bell on Thursday as investors continued to feast on corporate earnings.
LifeSafe shares jump on new deal with Trinity
Fire technology company LifeSafe announced a significant agreement with Trinity Fire & Security Systems on Thursday, involving the supply of LifeSafe's latest line of fire extinguishers filled with multi-purpose fluid, specifically designed to combat various types of fires including lithium-ion battery fires.
Revolution Bars confirms takeover talks with Nightcap
Revolution Bars confirmed on Thursday that it has held "an exploratory meeting" with Piano Works owner Nightcap about a range of possible transactions, including a potential takeover.
BHP deploys team to SA to woo officials over Anglo deal - report
BHP has reportedly deployed a team of senior executives to South Africa as it ramps up efforts to win over government officials, regulators and local shareholders, all of whom could yet determine the outcome of its proposed tie-up with rival Anglo American.
London midday: Stocks up but off highs as StanChart surges on results
London stocks were still in the black but off earlier highs by midday on Thursday, helped along by solid performances from the likes of Standard Chartered and Smurfit Kappa, as investors continued to digest the latest policy announcement from the Federal Reserve.
RBC Capital downgrades Alpha FMC after share price surge
RBC Capital Markets downgraded Alpha Financial Markets on Thursday to ‘sector perform’ from ‘outperform’ following the surge in the share price a day earlier after the financial services consultancy confirmed it had been approached by two parties about a possible takeover.
Ironveld appoints Kristoffer Andersson as CEO
Iron ore mining firm Ironveld has tapped Kristoffer Andersson to take over as chief executive officer.
Tertiary Minerals upbeat on fresh Brunton Pass findings
Tertiary Minerals announced optimistic findings from a recent geophysical survey at its Brunton Pass Copper-Gold Project in Nevada on Thursday.
Kitwave confident despite recent trading weakness
Kitwave Group said in a trading update on Thursday that it was maintaining its performance in line with current market expectations for the year ending 31 October.
Asia report: Markets mixed as Fed stands pat on rates
Asia-Pacific stock markets finished with a mixed performance on Thursday, following the US Federal Reserve's decision to maintain interest rates at the end of its two-day meeting overnight.
SIG posts drop in sales amid ‘challenging’ markets
Building products supplier SIG reported a drop in sales on Thursday amid continued "challenging" market conditions.