Market Pulse
US close: Stocks lower as Nasdaq extends slide another session
Major indices were in the red at the close of trading on Thursday following a heavy tech selloff in the previous session that saw the Nasdaq Composite deliver its worst daily performance since December 2022.
Director dealings: Tate & Lyle director snaps up shares
Tate & Lyle revealed on Thursday that non-executive director Jeffrey Carr had acquired 10,000 ordinary shares in the FTSE 250-listed food and beverage business.
Broker tips: Schroders, Babcock, Capita
Morgan Stanley lifted Schroders to ‘overweight’ from ‘equalweight’ on Thursday as it took a look at European asset managers.
London close: Stocks finish higher after UK, US jobs data
London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.
House purchases delayed as BoE's CHAPS system hit
The Bank of England said on Thursday that its CHAPS service has been hit by a global payments issue, delaying some high value and time-sensitive payments, including house purchases.
RBC Capital lifts Capita price target to adjust for recent disposal
RBC Capital Markets lifted its price target on Capita on Thursday to 2,200p from 1,800p as it adjusted forecasts for the Capita One disposal.
US open: Stocks higher following Nasdaq's worst day since 2022
Major indices were in the green early on Thursday following a heavy tech selloff that saw the Nasdaq Composite deliver its worst daily performance since December 2022.
FTSE 100 movers: Frasers Group surges; Diploma in the red
London’s FTSE 100 was up 0. 7% at 8,242. 03 in afternoon trade on Thursday.
US initial jobless claims rise by 20,000
Americans lined up for unemployment benefits at an accelerated pace in the week ended 13 July, according to the Labor Department.
ECB keeps door open to September rate cut, but 'nothing predetermined'
Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September.
Craneware full-year revenue set to top expectations
US healthcare management and support specialist Craneware reported a strong full-year sales performance in an update on Thursday, driven by ongoing investment in the Trisus platform and successful partner programmes, resulting in significant returns for its US healthcare provider customers.
Boku reports strong first half, appoints new finance chief
Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.
US pre-open: Futures mixed following Nasdaq's worst session since 2022
Wall Street futures were mixed ahead of the bell on Thursday following the Nasdaq's worst session since December 2022.
Midwich revenue rises, earnings fall in first half
Specialist audio-visual distributor Midwich Group reported a robust first-half revenue performance on Thursday, but a fall in earnings amid challenging market conditions.
Sequoia Economic Infrastructure refinances revolving credit facility
Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.
Capital Limited reports solid first-half revenue growth
Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16. 6% year-on-year to $89. 2m, and first-half revenue up 9. 8% to $169. 4m.
Octopus Renewables agrees sale of Swedish wind farm
Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.
PensionBee announces expansion into US market
PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.
Aldo Bisio steps down as CEO of Vodafone Italy
Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.