Market Pulse
Physiomics wins new contract with existing client
Data sciences business Physiomics said on Thursday that it has been awarded a new contract by an existing, large client.
Asia report: Most markets rise after US Fed decision
Asia-Pacific markets mostly saw gains on Thursday, after the US Federal Reserve decided to hold the federal funds rate steady at 5. 25% to 5. 5%.
Galliford Try secures £69m contract to build school in Paisley
Construction firm Galliford Try said on Thursday that its building division has signed a £69m contract to build the new Paisley Grammar School Community Campus on behalf of Renfrewshire Council.
Palace Capital announces £22m tender offer
Palace Capital announced a proposed return of capital to shareholders on Thursday, by way of a tender offer.
Berenberg lowers target price on Victrex
Analysts at Berenberg lowered their target price on high performance polymers business Victrex from 1,680. 0p to 1,491. 0p on Thursday, stating the group was "not out of the woods yet".
Motorpoint FY revenues drop
Car retailer Motorpoint said on Thursday that revenues had dropped in the year ended 31 March as it faced a number of economic challenges throughout the period.
Capita to focus on core segments
Process services company Capita said on Thursday that it will look to focus on its core segments as the firm hopes to improve both its financial performance and cash generation.
London open: Stocks edge lower as Fed signals just one rate cut this year
London stocks edged lower in early trade on Thursday as investors mulled the latest policy announcement from the US Federal Reserve, which signalled there would be just one rate cut this year.
Peel Hunt revenues rise, but losses widen
Investment banking and broking firm Peel Hunt reported resilience despite ongoing challenges in capital markets in its full-year results on Thursday, with a 4% increase in revenue to £85. 8m.
Sir David McMurtry to step down as Renishaw chair
Renishaw announced significant changes to its board on Thursday, with Sir David McMurtry, who co-founded the company over 50 years ago, set to step down as executive chairman.
Halma hails another year of record profit
Halma reported another year of record profit and revenue on Thursday as it hailed a solid performance in the safety and the environment & analysis sectors.
London pre-open: FTSE seen lower as Fed signals one rate cut this year
London stocks were set to fall at the open on Thursday as investors mulled the latest policy announcement from the US Federal Reserve.
Thursday newspaper round-up: Revolut, BT Group, housing market
Pensioners and people on disability benefits are the winners from radical changes to the welfare system made by the Tories over the last decade, while working-age families are losing out by thousands of pounds every year, according to a report by the Resolution Foundation. The Conservatives’ 14-year overhaul of social security has shifted spending away from children and housing to supporting elderly people, and broken the link between entitlement and need for some of the poorest households in the country, the report says.