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FTSE 250 movers: Airtel Africa lifted by upgrade; Carnival cruises lower
London’s FTSE 250 was up 0. 1% at 22,189. 66 in afternoon trade on Thursday.
FTSE 100 movers: Sage boosted by upgrade; ex-divs in the red
London’s FTSE 100 was up 0. 4% at 6,911. 21 in afternoon trade on Thursday, with sentiment underpinned by dovish minutes from the US Federal Reserve.
Co-op won't pay back £66m in business rates relief even as profits surge
The Co-operative Group said on Thursday that it will repay £15. 5m in furlough support but will not pay back business rates relief despite reporting a surge in full-year profits.
London midday: Stocks up but off highs after dovish Fed minutes
London stocks were up but off earlier highs by midday on Thursday, after the FTSE 100 hit its best level since the pandemic following dovish minutes from the US Federal Reserve.
Citi upgrades Sage to 'buy' from 'neutral'
Citi upgraded its stance on shares of software company Sage on Thursday to ‘buy’ from ‘neutral’ as it pointed to improving news flow.
Peel Hunt ups Carnival price target, reiterates ‘buy’ after Q1 update
Peel Hunt hiked its price target on Carnival on Thursday to 2,100p from 1,850p following the cruise operator’s first-quarter update a day earlier.
Asos interim profits surge amid lockdown
Online fashion retailer Asos posted a jump in interim sales and profit on Thursday as it continues to benefit form the closure of non-essential retailers.
John Laing teams up with Macquarie Capital for retirement venture
John Laing said on Thursday that it is teaming up with Macquarie Capital and retirement homebuilder MCarthy & Stone to create a UK-based platform to invest in retirement accommodation.
London open: Stocks rise after Fed minutes; JMAT rallies on update
London stocks rose in early trade on Thursday after the US Federal Reserve signalled it will keep monetary policy loose.
Sanne raises £79.5m in placing to push ahead with acquisition strategy
Sanne said on Thursday that it has raised £79. 5m in a placing to push ahead with its acquisition strategy.
German factory orders rise in February
German factory orders rose in February despite ongoing coronavirus restrictions, according to figures released on Thursday by Destatis.
London pre-open: Stocks seen up after Fed minutes
London stocks were set to rise at the open on Thursday after the Federal Reserve signalled it will keep monetary policy loose.
Thursday newspaper round-up: Retailers, airports, wealth taxes
Prof Sarah Gilbert, the scientist who lead the team that created the Oxford/AstraZeneca coronavirus vaccine, is set for a payday of more than £20m as the biotech firm she co-founded prepares to float on the stock market in the US. Gilbert, who became a household name as a result of her work creating Oxford’s Covid-19 vaccine, owns 5. 2% of Vaccitech, a Oxford University spin-out company that owns the biotechnology behind the AstraZeneca vaccine and others for Mers, hepatitis B, the virus that causes shingles, and a range of cancers.