Latest News
Netflix faces lawsuit for 'rigging' top executives' bonuses
Netflix has been accused of "rigging the compensation process" and awarding large bonuses to top executives in a manner that allegedly violated federal US tax laws.
Akers Biosciences buddies up with established US medical distributors
Healthcare developer and supplier Akers Biosciences has appointed two independent sales representatives (ISR) to assist with the US marketing and sales of its Heparin/PF4 Rapid Assay.
Friday preview: Chinese trade data, US consumer confidence in focus
Global trade and geopolitical concerns will likely continue to dominate the headlines at the end of the week, with traders likely to be carefully monitoring the news-flow heading into the weekend.
Results round-up
Pub operator and brewer Greene King said full year profit could fall 10-12% after pub sales worsened in the last few months of the year amid a continued "challenging" market.
Europe close: Stocks jump as war jitters ease a tad
Stocks finished higher after the US president appeared to douse expectations for an imminent response to the use of chemical weapons by the Syrian government.
London close: Footsie underperforms as Sterling strengthens
London stocks finished higher on Thursday, helped along by solid performances from Shire and Tesco, as the US President appeared to dial back a tad on the previous day's aggressive rhetoric on the situation in Syria.
Bitcoin unexpectedly climbs over $8,000 on Thursday
Bitcoin climbed back atop the $8,000 mark early on Thursday morning, running up by double digits in a less than 30 minute time span. It is currently up 11. 17% trading at $7,724.
Sector movers: Software lifted by Micro Focus reports
The software & computer services sector led the FTSE 350, while various sectors were in the red due to large stocks going ex-dividend.
Market buzz: M&A news for FirstGroup and IAG; Trump at it again
1630: Sterling on a tear versus the euro, up 0. 85% at 1. 1560, and atop technical resistance around the 1. 15 area. Things are looking up for the pound now.
Broker tips: Auto Trader, Ocado, Mitie
Exane BNP Paribas downgraded Auto Trader to 'neutral' from 'outperform' on Thursday, cutting the price target by 14% to 370p as it takes a more cautious view on the group's cyclical prospects.
Destiny Pharma loss widens as company continues focus on drug development
Antimicrobial development firm Destiny Pharma reported an increase in losses over the year ending 31 December, with pretax loss increasing 113% to £3. 2m.
Sirius Minerals hopes to entice bondholders to convert
Sirius Minerals offered holders of its convertible bonds an incentive to convert their bonds into ordinary shares of the Yorkshire potash developer.
Director dealings: Next Fifteen chairman lowers stake
Richard Eyre, chairman of public relations agency Next Fifteen Communications, sold 50,000 ordinary shares in the London-based firm on Thursday at an average price of 452. 50p each.
City Pub ups dividends despite IPO costs weighing on profits
AIM-quoted landlord the City Pub Group upped its final dividend by half on Thursday as it posted a significant increase in like-for-like sales and pre-tax profits.
US open: Positive start on Wall Street as geopolitical tensions ease
Wall Street trading opened on a positive note on Thursday following heavy losses in the previous session, after Donald Trump backtracked on the aggressive stance he took on Syria a day earlier.
Nostra Terra sets sites on 2 new wells following Twin Well triumph
Oil and gas company Nostra Terra on Thursday announced new plans to drill back to back wells at its Permian Basin acreage in Mitchell County, Texas.
EDF Energy to raise electricity tariffs 1.4%
EDF Energy warned customers on Thursday that it will raise the standing charge on its variable electricity services by 1. 4% from June, increasing costs for as many as 1. 3m British households as a result.
Exane downgrades Auto Trader to 'neutral'
Exane BNP Paribas downgraded Auto Trader to 'neutral' from 'outperform' on Thursday, cutting the price target by 14% to 370p as it takes a more cautious view on the group's cyclical prospects.
BAE invests £10m in Royal Navy facility
Defence company BAE Systems has launched a £10m investment programme in order to fund upgrades at its Hampshire- based Maritime Integration and Support Centre (MISC) - a specialist facility that provides support to Royal Navy warships when researching its future combat systems and technologies.
Nektan's casino gaming platform launches on 138.com website
Gaming software services provider Nektan’s Evolve Lite platform is now live on international online casino and sportsbook operator 138. com’s website, the company said on Thursday.