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Thursday newspaper round-up: Meta, AA, Go-Ahead, carbon emission permits
An extraordinary battle pitting New York multimillionaires against their billionaire neighbours is expected to reach fever pitch on Thursday when local politicians in the Hamptons vote on proposals to close an airport in the super-rich enclave. The East Hampton town board is expected to vote in favour of a plan to “deactivate” the local airport that buzzes with helicopters and private jets ferrying the uber-wealthy from Manhattan to their luxury beach houses. - Guardian.
FTSE 250 movers: Spirent, Premier Foods rise after updates
London’s FTSE 250 was up 0. 4% at 22,743. 04 in afternoon trade on Thursday.
FTSE 100 movers: AB Foods falls on update; Rentokil boosted by upgrade
London’s FTSE 100 was down 0. 4% at 7,556. 72 in afternoon trade on Thursday.
Citi upgrades Rentokil on Terminix deal
Citi upgraded Rentokil Initial to ‘buy’ from ‘neutral’ on Thursday, arguing that the proposed acquisition of US rival Terminix could propel the company into the number 1 slot in US pest control.
London midday: Stocks pare losses; AB Foods slides after update
London stocks had pared earlier losses to trade just a touch lower by midday on Thursday, as investors digested news that China had cut lending rates.
JPMorgan upgrades Ryanair, downgrades IAG
JPMorgan Cazenove upgraded Ryanair but downgraded IAG on Thursday as it took a look at the European airline sector.
Mr Kipling owner Premier Foods lifts FY profit expectations
Premier Foods said on Thursday that full-year profit was set to be above market expectations after three strong quarters of trading and after the Mr Kipling brand enjoyed its "biggest ever" Christmas.
The Gym Group revenues rise; CFO Mark George to depart
The Gym Group reported a jump in full-year revenues on Thursday and hailed a good start to the new year as it announced the departure of chief financial officer Mark George, who is leaving to take up the same role at Wickes.
London open: Stocks edge down; AB Foods slumps on update
London stocks fell in early trade on Thursday, having opened in the black, as investors digested news that China had cut lending rates.
Wincanton FY profit to exceed market expectations, shares surge
Wincanton shares surged on Thursday after the logistics firms said full-year profit was set to exceed market expectations following a strong performance in the third quarter.
Wickes backs FY profit guidance, appoints new CFO
Home improvement retailer Wickes backed its full-year profit guidance on Thursday following a solid fourth quarter, as it announced the appointment of a new chief financial officer.
AJ Bell first-quarter AUA jump, 'well positioned' for further growth
Investment platform AJ Bell said on Thursday that it was well positioned to deliver further growth as it posted a jump in first-quarter assets under administration.
Ibstock FY profit seen 'modestly' ahead of previous expectations
Clay and concrete building products manufacturer Ibstock said on Thursday that full-year profit was set to be "modestly" ahead of its previous expectations following strong trading in the final quarter.
London pre-open: Stocks seen up despite weak Wall St session
London stocks were set to gain at the open on Thursday despite a weak finish on Wall Street.