Full List Of Stories
US close: Stocks book third day of losses after data dump
Wall Street stocks closed in the red again for the third session in a row on Thursday, as investors digested another batch of data and comments from a number of Federal Reserve bankers.
London close: Stocks weaker as recession fears continue
London stocks closed in negative territory on Thursday as concerns about a US recession dented the mood.
Arecor ends 2022 in line with forecasts
Biopharmaceutical company Arecor Therapeutics said in an update on Thursday that its financial performance for 2022 was in line with market expectations, as it closed the period with an unaudited cash balance of £12. 8m.
Gear4music margins struggle through December quarter
Gear4music reported an 11% rise in European sales in the December quarter on Thursday, to £23. 5m, which it put down to the successful execution of infrastructure investment during 2022 to improve its customer proposition.
CPPGroup set to beat expectations as it exits legacy businesses
Assistance and insurance specialist CPPGroup said in an update on Thursday that it was expecting to report revenues from continuing operations around 19% higher year-on-year for 2022, or 15% on a constant currency basis.
C4X makes positive progress with potential cancer programme
C4X Discovery updated on its ‘MALT-1’ inhibitor programme on Thursday, explaining that the overexpression or over-activation of MALT-1 has been observed in a range of lymphomas and leukemias such as MALT lymphoma, diffuse large B-cell lymphoma and chronic lymphocytic leukaemia.
Kooth ends year in line with market forecasts
Digital mental health platform operator Kooth said in a trading update on Thursday that its revenue for 2022 was expected to be within the range of market expectations, of £19. 6m to £20. 2m, driven by growth of more than 15% compared to prior year.
Craneware confident as some headwinds persist
US healthcare technology specialist Craneware said in an update on Thursday that group revenues in the first half were expected to increase by 6%, to $84. 7m, with adjusted EBITDA rising 8% to $25. 5m year-on-year.
Jadestone buying interest on onshore Thailand operation
Asia-Pacific oil and gas producer Jadestone Energy has executed a sale and purchase agreement with Salamander Energy, an affiliate of PT Medco Energi Internasional, it announced on Thursday.
Frontier Developments cheers strong first half
Video games developer and publisher Frontier Developments reported a 16% improvement in revenue in its first half on Thursday, to £57. 1m.
Judges Scientific earnings set to beat expectations
Scientific instrument investor and developer Judges Scientific said in an update on Thursday that throughout 2022, it contended with increasing supply chain issues, the impact of the war in Ukraine, and “significant” inflationary pressures, while continuing to recover from Covid-19 challenges.
Kier ends first half in line with expectations
Infrastructure service, construction and property company Kier Group said in an update on Thursday that its first-half results were set to be in line with its own expectations.
Centamin describes successful end to 2022 operations
Gold miner Centamin reported annual production of 440,974 ounces in an update on Thursday, in line with guidance, with fourth quarter production totalling 109,564 ounces.
Asia report: Stocks mixed as Japan records another trade deficit
Stock markets in Asia closed in a mixed state on Thursday, following a night of losses on Wall Street.
Energean shares slide despite 'strong' financial performance
Energean shares were in the red on Thursday morning, despite the company describing a “strong” financial performance for 2022 in a trading update.
US close: Dow tumbles more than 600 points after slew of data
Wall Street stocks closed well below the waterline on Wednesday, with the Dow tumbling more than 600 points, as traders digested some key economic data.