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Market Buzz: Stocks fall back as MPC rewrites script
1700: Close The Footsie gave back the lion's share of the previous session's gains as a more hawkish-than-expected MPC saw 10-year Gilts slump, pushing their yield up by as much as 11 basis points to 1. 66% at one point. However, some analysts cautioned that markets might be getting a little ahead of themselves. Thus, and on the more dovish side of things, Bank of America-Merrill Lynch told clients: "So we now expect a 25bp Bank Rate hike in May and another in February 2019.
Europe close: Vstoxx surges, bonds gyrate after MPC surprise
Stocks finished at their lows of the session amid steep selling in government bonds around the world stoked by a hawkish sounding Monetary Policy Committee, amid a noticeable pick-up in a key gauge of stockmarket volatility on the Continent.
London close: FTSE flops after hawkish Bank of England statement
London's FTSE 100 fell almost 1. 5% on Thursday as the pound spiked higher after the Bank of England signalled that interest rates may rise sooner and higher than it had indicated.
Official Receiver announces 101 further job losses at Carillion
More than 100 additional Carillion employees have been made redundant on Thursday, pushing the total figure to 930, according to the Official Receiver.
Broker tips: Laird, Randgold, KAZ Minerals
Stifel upgraded technology company Laird to 'buy' from 'hold' on Thursday, saying the recent selloff is overdone.
US open: Stocks slip, volatility moderately higher
Thursday's batch of Federal Reserve speakers was not especially 'hawkish', but the Bank of England's unexpectedly 'hawkish' take on the outlook for interest rates appears to have rekindled some of the market's concerns regarding inflation and where rates may be headed - even in the medium-term.
Compass points towards north end of growth targets
Compass guided towards good growth for the full year after a strong start to the year, though the catering group said the first quarter was soured slightly by higher UK cost pressures.
Forties North Sea oil pipeline back on-line after second breakdown
The North Sea’s Forties pipeline system that carries 40% of crude oil has begun flowing again after a short halt, the second in two months.
Director dealings: Stobart's Tinkler picks up another 100,000 shares
Andrew Tinkler, executive director of infrastructure and support services firm the Stobart Group, acquired 100,000 ordinary shares in the company on Thursday, upping his total stake to approximately 7. 1% of its total issued share capital.
Barclays sees up to 82% upside in Kaz Mineral shares
Barclays upgraded its view on KAZ Minerals on Thursday, telling clients the recent pullback in the stock had opened-up an unusually large valuation gap relative to peer Antofagasta.
Ethernity Networks appoints new VP of worldwide sales
Data processing technology Ethernity Networks announced on Thursday that it has appointed Rob O'Hara as its vice president of worldwide sales.
FTSE 250 movers: Beazley rallies on results; TalkTalk tanks on profit warning
London's FTSE 250 was down 1. 5% to 19,399. 22 in afternoon trade on Thursday as investors digested an unexpectedly hawkish announcement from the Bank of England.
Thor Mining places in trading halt on ASX
Thor Mining confirmed on Thursday that its shares have been placed in a trading halt on the Australian Securities Exchange (ASX) at the request of the company, pending the release of an announcement in relation to a resource announcement on the Kapunda copper project, in which it could earn up to a 45% interest.
Goals Soccer Centres appoints new CEO
Outdoor small-sided soccer centre operator Goals Soccer Centres announced on Thursday that, after what the board called a “rigorous and extensive” search, it has appointed of Andrew Edward Anson as its chief executive with effect from 23 April.
Cryptocurrency exchange goes dark for 12 hours
Binance, One of the largest cryptocurrency exchanges, has caused panic amongst users by suspending trading and withdrawals for a 12-hour period.
Muddy Waters takes a bite out of Apple supplier IQE
Shares in Welsh Technology firm IQE have tumbled almost 19% after Muddy Waters Capital raised concerns about the company's accounting.
FTSE 100 movers: Compass bucks the trend; tobacco stocks drop
London's FTSE 100 was down 1. 1% to 7,201. 73 in afternoon trade on Thursday as the pound surged after an unexpectedly hawkish announcement from the Bank of England.
88 Energy shares halted on ASX
88 Energy issued a short update on Thursday, announcing that its shares have been placed in a trading halt on the Australian Securities Exchange, pending the release of an announcement in relation to underwriting of listed options in the company.
Twitter rockets after posting first-ever quarterly profit on increased video ad revenue
Social media giant Twitter posted its first net quarterly profit in history on Thursday, as rising sales of video advertising space across the microblog helped offset concerns over user numbers falling short of expectations on the Street.
Stifel ups Laird to 'buy', says selloff is overdone
Stifel upgraded technology company Laird to 'buy' from 'hold' on Thursday, saying the recent selloff is overdone.