Market Pulse
Wizz Air H1 profits drop on aircraft groundings
Wizz Air reported a drop in first-half profit on Thursday as the budget airline was hit by engine-related aircraft groundings.
Hammerson raises stake in Southampton's Westquay shopping centre
Property development and investment firm Hammerson has acquired another 50% stake in Southampton shopping centre Westquay for £135. 0m, giving it a 100% interest in "a leading retail and leisure destination".
Wood Group announces independent review, shares crater
Wood Group shares were in freefall on Thursday as the oil services firm announced the launch of an independent review of its business that could lead to restatements and said third-quarter trading in its Projects segment was "disappointing".
National Grid H1 underlying profits grow despite modest revenue decline
Utility giant National Grid said on Thursday that underlying profits had grown in the six months ended 30 September despite reporting a modest decline in revenue.
BT lowers FY revenue guidance
Telecommunications giant BT downgraded its full-year revenue guidance on Thursday, pointing to both its non-UK operations and a "competitive retail environment" as the cause.
RS Group executes well in H1 despite 'more challenging than anticipated' market
Industrial and electrical products distributor RS Group said on Thursday that it had "executed well" during H1 despite a "more challenging than anticipated" market environment.
London open: Stocks nudge up amid corporate deluge, ahead of rate decisions
London stocks nudged higher in early trade on Thursday as investors waded through a deluge of corporate news and looked ahead to the latest policy announcements from the Bank of England and the US Federal Reserve.
CAB Payments tumbles as StoneX abandons pursuit
CAB Payments tumbled on Thursday after US payments company StoneX said it was not planning to make a takeover offer for the London-listed fintech firm.
ITV revenues drop as Studios hit by Hollywood strikes
Broadcaster ITV reported a drop in revenue for the first nine months of the year as its Studios arm was hit by the US actors’ and writers’ strike.
Hiscox written premiums rise 3% in first nine months
Hiscox reported a rise in written premiums for the first nine months of the year on Thursday as it hailed solid retail growth.
Taylor Wimpey backs FY outlook, hails signs of improvement in customer demand
Taylor Wimpey backed its full-year outlook on Thursday as it said it saw steady signs of improvement in customer demand in the second half to date, as mortgage rates reduced and affordability improved.
UK house prices tick up to record high in October - Halifax
UK house prices ticked up to a record high in October as mortgages became more affordable, according to data released on Thursday by lender Halifax.
London pre-open: Stocks to edge up ahead of BoE, Fed rate announcements
London stocks were set to edge up at the open on Thursday as investors waded through a deluge of corporate news and looked ahead to the latest policy announcements from the Bank of England and the US Federal Reserve.
Thursday newspaper round-up: Scams, second-hand car sales, AstraZeneca
Companies could face fines of up to $50m for failing to prevent scams and may be forced to compensate victims under new laws the Albanese government says would give Australians the strongest anti-scammer protection in the world. The government will introduce legislation to federal parliament on Thursday to establish its long-awaited “scams prevention framework”. – Guardian.