Market Report
BNN Tech launches three football microsites in China
Chinese technology, content and services company BNN Technology confirmed on Tuesday that it had successfully launched three microsites through the Xinhua News mobile app for Manchester City FC, Arsenal FC and FC Barcelona.
London midday: Stocks hold onto gains after manufacturing data
London stocks were holding onto gains by midday on Thursday as the pound fell amid ongoing election jitters and despite a better-than-expected reading on the UK manufacturing sector.
Forbidden Technologies signs two-year deal with Deltatre
Forbidden Technologies announced on Thursday that it signed an extendable two year contract with Deltatre for one of its clients.
Revenues bubble higher at Filta Group
Commercial kitchen fryer management services provider Filta Group Holdings was holding its annual general meeting on Thursday morning, with the board reporting a “strong start” to the year, claiming revenues were more than 25% ahead of the same period 12 months earlier on a constant currency basis.
Rolls-Royce wins new marine engine supply contract
Rolls-Royce has won an order to supply low-emission gas engines for Norwegian ferry operator, Torghatten Nord.
Europe midday: Stocks hold onto gains ahead of US jobs, oil data
European stocks were still higher come midday as investors looked to US jobs and oil inventory figures data due out later in the day.
Asia report: Weak China factory data sees markets finish mixed
Markets in Asia finished mixed on Thursday, after the release of some particularly low unofficial Caixin PMI data from China.
US pre-open: Stocks seen touch higher as investors await jobs data
US stocks looked set for a slightly firmer open on Thursday as investors looked to some key jobs and manufacturing data.
UK manufacturing output growth eases slightly
UK manufacturing activity slowed as expected in May, according to a closely followed survey published on Thursday, but economists disagreed over whether it would be enough to buoy the overall economy.
Investec expects material step-up in Barclays dividend after sale of African unit
Investec's Ian Gordon hailed Barclays's decision to dispose of the majority of its stake in its African unit, reiterating that it was the broker's preferred large-cap UK lender.
PPG withdraws offer for AkzoNobel
PPG Industries has withdrawn its offer for AkzoNobel after the Dulux owner rejected three bids from the US chemicals manufacturer.
S&P reaffirms rating on Barclays but keeps negative outlook
Standard&Poor's reaffirmed its rating on Barclays's long-term debt, hailing progress on increasing the resilience of the franchise, but kept the outlook at negative due to the risks around the wider UK banking sector.
Electra confirms NAV after significant realisations
Electra Private Equity said its pro forma net asset value at the start of June was £769m after the 914p dividend it declared last week.
Banco Popular shares sink amid speculation it might be wound down
Shares in Banco Popular continued to reel as speculation mounted that it would not be able to find a buyer or that it might be forced into a deeply discounted rights issue.
G4S, Coats and Sirius Minerals enjoy promotion in FTSE 350 reshuffle
G4S and Segro will be added to the FTSE 100 index, FTSE Russell confirmed overnight, as Hikma Pharmaceuticals and Intu Properties are demoted to the FTSE 250.
London open: Stocks edge higher as UK politics remain the focus
London stocks edged higher in early trade, with the pound still firmly in focus as the latest poll suggested the Tory lead over Labour was continuing to shrink.
Johnson Matthey hikes dividend 'only' 5pc as final numbers divide analysts
Johnson Matthey posted solid growth in sales and profits for the year to 31 March, with revenue up 12% and profit before tax up 19%, helped by a big currency benefit - though some analysts and investors felt short changed by the guidance for the new year.
FirstGroup shares tank as board fails to reinstate dividend
Passenger transport operator FirstGroup published its preliminary results for the year to 31 March on Thursday, describing a “significant improvement” in operating results, though the lack of a dividend announcement saw its shares slide through the morning.
Derwent lets top two floors of White Collar Factory to Box.com
Derwent London has let the top two floors of the tower at White Collar Factory in London EC1 to cloud content management company Box. com for an initial rent of £2. 1m a year or £75 per square foot.