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Indivior increases profits, legal provisions, 2018 guidance
Indivior, the opioid addiction drug specialist, increased its financial provisions over potential US litigation by $210m as it reported 3% revenue growth for last year and guided to further growth in 2018.
JPMorgan Cazenove upgrades Bodycote after pullback
Bodycote, which provides heat treatment services and specialist thermal processes, was boosted on Thursday as JPMorgan Cazenove upped the stock to 'overweight' from 'neutral' and bumped up the price target to 960p from 850p.
British Steel pension members 'bamboozled by parasite advisers', say MPs
Former British Steel workers were "bamboozled" into shifting their pensions into investments with punitive fees by "dubious" and "parasitical" financial advisers, a parliamentary committee said on Thursday.
US homebuilder sentiment remains strong in February - NAHB
Sentiment among US homebuilders remained strong in February, according to data released on Thursday.
Market buzz: Bitcoin approaching $10K, US econ data 'unspectacular'
1500: Despite the recent more than havling in its price, Bitcoin is still out there (somewhere . probably), with prices edging back towards the $10,000 mark. "Volatility and bitcoin go together hand-in-hand, so expect plenty more highs and lows over the coming weeks and months," writes Dennis de Jong at UFX. Despite Berkshire Hathaway's Charles Munger dubing it "noxious poison", de Jong believes that won't stop investors from plunging their money in. As an aside, CBoE's VIX down 4.
South African assets lifted as Ramaphosa replaces Zuma
Cyril Ramaphosa was voted in as President of South Africa, senior members of the African National Congress party confirmed on Thursday, lifting the rand and companies exposed to the currency.
Scancell announces collaboration with ISA Pharmaceutical
Scancell Holdings announced on Thursday that it has entered a collaboration agreement with Dutch company ISA Pharmaceutical, which will see further development of Scancell’s Moditope anti-cancer platform.
NetScientific portfolio company Axsis bags first sale
NetScientific announced on Thursday that its portfolio company, ProAxsis, has secured the first sale of NEATstik to a research laboratory conducting a respiratory clinical trial.
FTSE 100 movers: SA-exposed stocks rally; Standard Life slides
London's FTSE 100 was up 0. 2% to 7,228. 87 in afternoon trade on Thursday, helped along by a solid performance from miners, while companies with exposure to South Africa did well as investors welcomed Jacob Zuma's resignation.
US final demand PPI "solid" in January, economists say
Factory gate prices in the US rose more quickly than expected last month, driven by steep gains in energy costs, but economists said the underlying details were "solid" too.
Botswana Diamonds updates on Thorny River project
Botswana Diamonds said a scoping study of its Thorny River project had led to an updated estimate of the diamond value range of $120-$220 per carat.
A quarter of British exporters yet to review post-Brexit trading strategy
One in four British exporters had yet to review their post-Brexit trading strategy, according to the latest Business in Britain report from Lloyds Bank, an improvement of 23% on a similar survey carried out by the bank six months earlier.
CapCo confirms talks with Mayor's Office of West London building
Capital & Counties is in talks with the office of the Mayor of London over the ongoing use of the Empress State Building in West London by the Metropolitan Police.
Jobless claims rise as expected
The number of Americans filing for unemployment benefits rose as expected last week, according to data released by the Labor Department.
Credit Suisse and Deutsche Bank trim target prices on Shire
Analysts at both Credit Suisse and Deutsche Bank dropped their target prices for Shire after the biotech group said its sales would grow in mid-single figures and profits would rise at a more glacial pace.
Smart Metering Systems wins First Utility contract extension
Smart Metering Systems, on Thursday said had signed an agreement with First Utility to supplement its existing contract.
Italy's election offers many risks but 'little chance of Italexit'
Italy's election early next month is unlikely to result in an 'Italexit' from the European Union, said Berenberg on Thursday, but is likely to see former leader Silvio Berlusconi emerge as a kingmaker and could still result in the country holding referendum on its membership of the euro and reverse recent labour reforms.
Philly Fed index jumps to 25.8 in February
Manufacturing conditions in the Philadelphia region unexpectedly improved in February, with firms optimistic about the prospects for the next six months, according to a survey out on Thursday.
FTSE 250 movers: Investors find ConvaTec to their liking; Invidior kicked
Investors were in a mood to go cruising for positives on Thursday as the FTSE 250 offered up what they were looking for.
Pembridge acquires cash-generating Canadian copper mine
Pembridge Resources announced on Thursday that it has struck a deal agreement to acquire 100% of Canada-based copper miner, with an associated $50m fundraising.