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FTSE 100 movers: Unilever rallies on results but SSE slumps as profits take a hit
London's FTSE 100 was up 0. 1% to 7,683. 41 in afternoon trade on Thursday as investors digested the latest disappointing data point, this time in the form of weaker-than-expected retail sales.
Royal Mail shareholders vote against new CEO's pay package
Royal Mail shareholders have voted against the company's pay packages for top executives.
Friday preview: Beazley half-year profits expected to tumble
Friday should end the week in fairly quiet fashion with FTSE 350 results only expected from insurer Beazley and economic data for the UK on public sector borrowing.
Philly Fed index ticks up more than expected
Manufacturing conditions in the Philadelphia region improved more than expected in July, according to a survey released on Thursday.
Comcast drops Fox offer to focus on pursuit of Sky
Comcast will focus on bidding for Sky after dropping its interest in 21st Century Fox, the US network said on Thursday.
US initial jobless claims drop to lowest level since December 1969
The number of Americans filing for unemployment benefits fell to the lowest level since 1969 last week, according to figures from the Labor Department.
Asia report: Markets finish mixed after Wall Street boost
Markets in Asia finished mixed on Thursday, after a strong start instigated by a decent showing on Wall Street overnight, although Chinese bourses sank.
Domino's Pizza leaves bad taste as sales miss expectations
America's Domino’s Pizza, the world’s largest pizza company, surprised Wall Street on Thursday after second-quarter sales missed expectations.
Rare books dealer Scholium returns to profit in preliminary results
Rare books, art and collectibles dealer Scholium posted its preliminary results for the year ended 31 March on Thursday, reporting a 10% improvement in revenue to £6. 7m.
De La Rue appoints Helen Willis as permanent CFO
Banknote printer De La Rue has appointed Helen Willis as chief financial officer with immediate effect.
Volvo Cars profits power up ahead of possible IPO
Volvo Cars said it was on track for another record year after second-quarter profits motored ahead.
EKF Diagnostics to manufacture for Oragenics
Point-of-care business EKF Diagnostics Holdings has signed an exclusive agreement with Florida-based biopharmaceutical company Oragenics, it announced on Thursday, for the manufacturing of Oragenics' lantibiotic bulk drug substances in the United States.
IBM maintains forecasts after decent second quarter
International Business Machines - better known as IBM - posted its second quarter results on Thursday, reporting a 4% improvement in revenue year-on-year, and a “strong” profit performance.
Speedy Hire Q1 revenues rise, new chairman appointed
Equipment rental company Speedy Hire reported a rise in first-quarter revenue on Thursday as it announced the appointment of a new chairman.
SSE profits wilt amid warm weather, higher costs
SSE said first quarter operating profits would take an £80m hit due to Britain's hot summer and “persistently high gas prices” combining to cut renewable output, customers using less energy and increased costs.
Stenprop offloading Swiss property in pivot to UK industrial
Stenprop told shareholders on Thursday that it had completed the disposal of two of its Swiss properties, Altendorf and Arlesheim, via the sale of the entire issued share capital of Polo Property to Helvetica Swiss Commercial earlier in the week.
Shore Capital upgrades Nichols after de-rating, says interims are 'solid'
Shore Capital upgraded its stance on Vimto maker Nichols to 'hold' from 'sell' on Thursday following a de-rating and as the company put out its interim results.
Trump threatens more tariffs if EU trade negotiations fail
US President Donald Trump said that European Union officials will be travelling to Washington next week to discuss trade and threatened the bloc with “tremendous retribution” if negotiations do not work out.
London midday: Miners cap gains even as pound slumps on retail sales
London stocks were up just a touch by midday on Thursday even as the pound took another beating, falling below $1. 30 after the release of disappointing retail sales figures, as losses in the mining sector kept a lid on gains.
Europe midday: Stocks in the red as Publicis slumps on revenue miss
European stocks were still in the red by midday on Thursday as investors sifted through a slew of corporate news, with advertising giant Publicis sharply lower after a second-quarter revenue miss.