Full List Of Stories
FTSE 250 movers: Morgan Sindall rallies after results; Genus falls
London’s FTSE 250 was down 0. 6% at 21,186. 99 in afternoon trade on Thursday.
Coinbase files for direct listing on Nasdaq
San Francisco-based digital currency exchange Coinbase has filed to list directly on the Nasdaq.
FTSE 100 movers: DS Smith surges on deal speculation; StanChart retreats
London’s FTSE 100 was up 0. 4% at 6,683. 98 in afternoon trade on Thursday as investors mulled over a raft of corporate releases.
Merck to buy Pandion Therapeutics for $1.85bn
Merck has agreed to buy clinical-stage biotechnology company Pandion Therapeutics for $1. 85bn.
Clipper Logistics upgrades expectations after contract wins
Clipper Logistics said on Thursday that it expects results to exceed current market views in the year to 30 April 2022 and beyond following "major" new contract wins with River Island and Mountain Warehouse.
London midday: Stocks in the black as investors wade through earnings
London stocks were still in the black by midday on Thursday as investors set aside their concerns about inflation and waded through an avalanche of earnings reports.
Shaftesbury says easing of restrictions will herald 'revival' of West End
West End landlord Shaftesbury reported low levels of rent collection on Thursday but expressed confidence that the easing of Covid restrictions will bring life back to Central London.
Morgan Sindall FY profits fall but 'strong growth' expected in 2021
FTSE 250 construction and regeneration group Morgan Sindall reported a decline in full-year profit on Thursday as the Covid-19 crisis had an impact, but upgraded its expectations for 2021.
Grafton FY profit, revenue dented by store closures
Building materials distributor and DIY retailer Grafton reported a decline in full-year profit and revenue on Thursday after its branches were forced to close due to the pandemic.
N Brown chairman Matt Davies to step down
Clothing retailer N Brown said on Thursday that chairman Matt Davies will step down with effect from 31 March, to be succeeded by Ron McMillan.
Biffa buys Barnsley-based Company Shop in £82.5m deal
FTSE 250 waste management company Biffa said on Thursday that it has bought Barnsley-based Company Shop (CSG), a redistributor of surplus food and household products, in a £82. 5m deal.
London open: Stocks edge up amid earnings avalanche
London stocks edged higher in early trade on Thursday following positive US and Asian sessions, as investors set aside their concerns about inflation and waded through an avalanche of earnings reports.
Howden Joinery profit drops as Covid has 'significant' impact
Howden Joinery posted a fall in full-year profit and revenue on Thursday as the Covid-19 pandemic had a "significant" impact on its business.
London pre-open: Stocks seen up on positive Asian, US cues
London stocks were set to rise at the open on Thursday following positive US and Asian sessions, as investors set aside their concerns about higher rates, with an avalanche of earnings to wade through.
Thursday newspaper round-up: Corporation tax, Mondi, Soho House, H&M
Keir Starmer is under pressure to back future rises in corporation tax after a backlash when the Labour leader said he would oppose any new tax on business in next week’s budget. Treasury officials are believed to be looking at increasing the tax on company profits from the current rate of 19% to up to 25% as the government tries to recoup some of the massive debts incurred during the pandemic, though the rise may be delayed until later in the parliament. - Guardian.