Market Pulse
US close: Dow Jones rallies more than 520 points to fresh record
Wall Street stocks closed sharply higher on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point.
Director dealings: Essentra chairman designate buys shares
Essentra revealed on Thursday that chairman designate Steve Good had acquired 70,000 ordinary shares in the FTSE 250-listed essential components manufacturer.
London close: Stocks finish higher as BoE holds rates
London stocks closed higher on Thursday, buoyed by the Bank of England's widely-expected decision to leave interest rates unchanged.
Broker tips: Ashtead, JTC
Analysts at Berenberg initiated coverage on industrial and speciality equipment rental group Ashtead with a 'buy' rating and 7,000. 0p target price on Thursday, calling it the highest-quality company in the rentals sector.
US open: Stocks higher as investors cheer Fed rate cut
Wall Street stocks were firmly in the green early on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point.
FTSE 100 movers: Rolls-Royce rallies; utilities in the red
London’s FTSE 100 was up 0. 8% at 8,315. 75 in afternoon trade on Thursday.
Axel Springer to split classifieds business from media assets
Politico owner Axel Springer said on Thursday that it had struck a deal with its largest shareholder KKR to split its classifieds business from its media assets.
US initial jobless claims fall to four-month low
Americans lined up for unemployment benefits at a decelerated pace in the week ended 14 September, according to the Labor Department, beating market expectations.
US pre-open: Futures sharply higher following Fed's big rate cute
Wall Street futures were firmly in the green ahead of the bell on Thursday as traders celebrated the Federal Reserve's decision to slash interest rates by half a percentage point.
SkinBioTherapeutics reports positive results from testing with Croda
SkinBioTherapeutics announced on Thursday that final testing of its ‘SkinBiotix’ technology by Croda Beauty Care had yielded positive results, paving the way for commercialisation.
London midday: Stocks stay up as BoE stands pat; Fed cut provides a boost
London stocks were still firmly in the black just after midday on Thursday after the Bank of England left rates unchanged, as widely expected.
Accsys announces closure of Tricoya plant in Hull
Accsys Technologies, a provider of sustainable wood building materials, announced its decision to discontinue operations at the Tricoya plant in Hull on Thursday.
EU competition regulator launches compliance proceedings with Apple
European Union competition authorities started proceedings against Apple on Thursday, in a bid to enforce compliance with regulations that mandate the company to open its proprietary ecosystem to competitors.
Feedback inks neighbourhood diagnostics collaboration deal
Medical imaging and diagnostic technology specialist Feedback announced a collaboration agreement with an unnamed provider of primary care solutions on Thursday, to develop a novel ‘neighbourhood diagnostics solution’ aimed at streamlining NHS diagnostic pathways and reducing patient wait times.
Mineral & Financial reports progress at Lagoa Salgada
Mineral & Financial Investments updated the market on its investment in the Lagoa Salgada Polymetallic Project in Portugal, managed by Ascendant Resources, on Thursday.
EnSilica enters TSMC's Design Center Alliance
EnSilica, a provider of mixed signal application-specific integrated circuits (ASICs), announced its entry into the Taiwan Semiconductor Manufacturing Company’s (TSMC) Design Center Alliance (DCA) on Thursday.
Petro Matad to use temporary facilities at Heron-1
Mongolian oil explorer and developer Petro Matad updated the market on operations at its Heron-1 oil discovery well on Thursday.
Trakm8 insurance revenues remain 'depressed'
Telematics business Trakm8 warned on Thursday that improvements in its insurance business had taken "longer than originally anticipated" but noted fleet and optimisation revenues were slightly better than expected.
Asia report: Markets buoyed by outsized Fed rate cut
Asia-Pacific markets saw notable gains on Thursday as investors responded to the US Federal Reserve's decision to cut interest rates by an outsized half-percentage point overnight.
RBC Capital lifts price target on JTC after Citi Trust deal
RBC Capital Markets lifted its price target on JTC on Thursday as it updated its forecasts for the first-half results, forex and the Citi Trust acquisition, assuming it completes at the end of H125.