Full List Of Stories
FTSE 250 movers: Games Workshop surges; Dunelm drops
London’s FTSE 250 was up 0. 1% at 17,619. 45 in afternoon trade on Thursday.
FTSE 100 movers: Housebuilders rally on RICS survey; Morrisons falls
London’s FTSE 100 was down 0. 1% at 6,008. 74 in afternoon trade on Thursday.
Citi upgrades Rio Tinto to 'buy'
Citi upgraded Rio Tinto on Thursday to ‘buy’ from ‘neutral’ and hiked the price target to 5,300p from 4,600p as it argued that the case for expanded capital returns has strengthened.
London midday: Stocks fall ahead of ECB; housebuilders buck trend
London stocks had extended losses by midday on Thursday as investors eyed the latest interest rate decision from the European Central Bank.
Games Workshop trading ahead of expectations, dividend declared
Games Workshop declared a 50p a share dividend on Thursday and said trading in the three months to 30 August was ahead of the board’s expectations thanks in part to a solid online performance, sending shares in the miniature wargames manufacturer to a fresh high.
John Menzies expecting first-half loss due to Covid
Airport services company John Menzies said on Thursday that it expects to make a loss in the first half due to the Covid-19 crisis and that it has agreed a revised banking covenant structure.
Deutsche Bank upgrades Hargreaves Lansdown on improved flow outlook
Deutsche Bank upped its rating on shares of investment platform Hargreaves Lansdown to ‘hold’ from ‘sell’ on Thursday, lifting the price target to 1,600p from 1,425p as it said the improved flow outlook better justifies the price.
Dunelm FY profit, revenue hit by store closures
Homewares retailer Dunelm reported a drop in full-year profit and revenue on Thursday as it took a hit from the Covid-19 pandemic and subsequent closure of its stores.
AstraZeneca asthma drug Fasenra meets endpoints in Phase 3 trial
AstraZeneca said on Thursday that its Fasenra asthma drug met both co-primary endpoints in a phase III trial for patients with chronic rhinosinusitis with nasal polyps.
London open: Miners pace the decline as investors eye ECB
London stocks fell in early trade on Thursday, with miners pacing the decline, as investors eyed the latest interest rate decision from the European Central Bank.
Profit at casino operator Rank dented by Covid
Casino operator Rank Group said on Thursday that full-year profit fell as the Covid-19 crisis dented revenues.
London pre-open: Stocks seen lower ahead of ECB rate decision
London stocks were set to fall at the open on Thursday following strong gains in the previous session, as investors eyed the latest interest rate decision from the European Central Bank.
Thursday newspaper round-up: Rio Tinto, Goldman Sachs, London offices
The number of people going back to work in offices has flatlined in the past two months despite the government push to get more workers into cities to protect Britain’s biggest urban economies from collapse. According to analysis of mobile phone tracking data by the Centre for Cities thinktank, worker footfall across 63 of the UK’s largest town and city centres was just 17% of pre-lockdown levels at the end of June, remained at 17% at the start of August and was still at 17% in the last full week of the month.