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Tritax Big Box operating profit rises, on track to meet divi target
Tritax Big Box REIT posted a jump in interim operating profit on Thursday as it said it was on track to meet its dividend target for the year.
Ligand Pharma to buy Vernalis for just under £33m in cash
AIM-listed Vernalis has agreed to be bought by Ligand UK, a subsidiary of California-based Ligand Pharmaceuticals, for 6. 2p per share in cash, valuing the company at around £32. 67m.
US open: Stocks push higher, but Morgan Stanley warns of weakness ahead
Stocks are edging only slightly higher despite better-than-expected readings on jobless claims and factory gate prices, with investors apparently playing it safe as Wall Street's main market gauges continue to push nearer their record highs.
FTSE 100 movers: Miners rally but Tui drops on results
London's FTSE 100 was down 0. 4% to 7,745. 19 in afternoon trade on Thursday.
Physiomics wins small contract with European biotech client
Cancer treatment prediction technology developer Physiomics has been awarded a contract by a new European biotech client, it announced on Thursday.
Peel Hunt downgrades Card Factory on lack of positive catalysts
Analysts at Peel Hunt downgraded their recommendation for shares of Card Factory, pointing to the 0. 7% drop in company's like-for-like sales over the first half of the year and the lack of any guidance for an improvement from management as the key reasons for the change.
US weekly jobless claims print below forecasts, trend shifts lower
US jobless claims surprised to the downside, falling by 6,000 during the week ending on 4 August to reach 213,000, according to the Department of Labour.
Seeing Machines teams up with airlines to improve pilot training
Seeing Machines announced on Thursday that itself and Emirates Airline, Qantas Airways and FedEx Express, have arranged and completed a workshop aimed at improving the training of pilots in the aviation industry.
Rise in US factory gate prices slows in July
Factory gate prices surprised slightly to the downside last month, but some economists said it was a tad too soon to call a peak in producer prices as the recent climb in crude oil prices continued to feed through.
Mkango makes good progress with drilling at Songwe
Mkango Resources updated the market on its major diamond drilling programme underway at the Songwe Hill Rare Earths Project in Malawi on Thursday, which is a “key component” of the feasibility study for Songwe, fully funded by Noble Group subsidiary Talaxis.
PureTech Health affiliate Akili raises $13m in Series C extension
Clinical-stage biopharmaceutical company PureTech Health announced on Thursday that its independent affiliate, Akili, has raised $13m in new funding as an extension of its recent Series C financing.
RockRose Energy buying 20pc stake Arran field development
Independent oil and gas company RockRose Energy has signed a sale and purchase agreement to acquire a 20. 43% interest in blocks 23/11a, 23/16b and 23/16c, it announced on Thursday, which contain the Arran field in the UK Central North Sea, from Dana Petroleum for a nominal consideration.
Asia report: Most markets higher as China confirms more retaliatory tariffs
Markets in Asia were mostly higher on Thursday, as Chinese indices rebounded once again amid ongoing tariff-based trade tensions between Beijing and Washington.
China July CPI prints ahead of forecasts, but factory gate prices edge lower
Higher oil prices boosted the cost of living in China last month, but analysts continued to forecast lower inflation going forward, despite trade tariffs and the recent sharp weakening in the country's currency, the yuan.
Europe midday: Russian and US stocks in focus amid geopolitical headlines
Stocks on the Continent are on the back foot come midday in lacklustre summer trading, albeit amid significant volatility in Russian and Turkish assets, especially in foreign exchange markets.
Rite Aid set for losses as Alberstons deal called off
Rite Aid looked set for heavy losses at the open on Thursday as it mutually agreed with Alberstons Companies to terminate a previously announced merger after Rite Air shareholders said the deal, which would have created a new company with around $83bn in annual sales, undervalued the group.
Ibstock ups dividend after weathering H1 storm
Ibstock on Thursday that its first half performance was boosted by activity in the new build housing sector but offset by the poor weather in the early spring period.
Ferrexpo doubles credit facility to $400m and extends for another year
Ferrexpo on Thursday increased its 2017 pre-export finance credit facility from $195m to $400m and extended the tenor from three to four years.
London midday: Stocks remain in red as Tui tumbles; ex-divs take toll
Stocks were still under water by midday on a wet Thursday in London as sharp losses for travel group Tui and a slew of ex-dividends weighed.