Latest News
Second UK nuclear plant shelved as Hitachi quits over cost issues
Japanese giant Hitachi has announced it will halt work on a £20bn nuclear plant in Wales after failing to agree prices for electricity production with the UK government.
Origo shares rocket as it sells Niutech Energy stake
Origo Partners announced on Thursday it has sold its remaining Niutech Energy stake for $2. 1m.
Thursday broker round-up
Intercontinental Hotels Group: Berenberg upgrades to buy with a target price of 4,850p.
Fox Marble begins commercial extraction of 'Alexandrian Blue' marble
Fox Marble announced the start of commercial extraction of Alexandrian Blue from its Prilep quarry in Northern Macedonia on Thursday.
Morgan Stanley revenues hammered by volatility in bond markets
Morgan Stanley saw its profits sink at the tail-end of 2018 as volatility in bond markets hammered revenues at the group's bond trading unit.
Frontier Smart Technologies sees seriously improved second half
Digital radio and smart audio device company Frontier Smart Technologies updated the market on its trading for the year ended 31 December on Thursday, saying it expected to report a seriously improved second-half.
US initial jobless claims unexpectedly drop
The number of Americans filing for unemployment benefits unexpectedly dropped last week, according to data from the Labor Department.
Portmeirion Group sees record sales in 2018
Homewares manufacturer and distributor Portmeirion Group updated the market on its trading on Thursday, saying it expected to report record revenue for the year ended 31 December of at least £89. 2m.
Sage reiterates FY guidance as first quarter revenue up 76%
Technology group Sage reiterated full year guidance as it said first quarter organic revenue increased by 7. 6% to £465m.
Asia report: Markets mixed as PBOC pours cash into banking system
Markets in Asia finished in a mixed state on Thursday, as the Chinese central bank injected a massive amount of cash into that country’s banking system, and after a decent session on Wall Street overnight amid the US earnings season.
Game Digital hails solid Christmas trading
Shares in Game Digital rallied on Thursday as it reported a solid performance over the Christmas period.
Deputy chairman quits scandal-hit Patisserie Valerie
Beleaguered café chain Patisserie Valerie’s deputy chairman and non-executive director Lee Ginsberg resigned with immediate effect on Thursday, becoming the latest in a number of senior figures to quit the company.
Ten Entertainment achieves sales growth despite 'extreme summer conditions'
Ten Entertainment on Thursday reported single digit sales growth for 2018 and said it expects further growth after the acquisition of four new sites.
Oracle Power leaps after approval for enlarged power station in Pakistan
Oracle Power’s shares jumped on Thursday after the Pakistani government re-affirmed the Thar Power Station project as a priority and granted approval to increase the project’s capacity.
US pre-open: Stocks to slip amid trade war worries as earnings roll in
US stocks looked set to drop at the open on Thursday amid fresh concerns about Sino-US relations, as investors braced for more earnings releases.
London midday: Stocks maintain losses amid trade war concerns but AB Foods rallies
London stocks were still in the red by midday on Thursday amid fresh concerns about Sino-US trade relations, but solid updates from the likes of Primark owner AB Foods and Sage Group helped to minimise losses.
AB Foods maintains guidance as Xmas sales exceed forecasts
Primark owner Associated British Foods maintained full-year guidance, reporting revenue growth in the Christmas period in all of its businesses apart from sugar.
Arena Events dives as earnings stunted by operational difficulties
Arena Events shares plummeted on Thursday after the temporary structures provider lowered earnings expectations due to ‘disappointing’ operational issues in the UK.
Everyman Media secures new loan facility, trading in line
Everyman Media said on Thursday that trading in 2018 continued to be in line with market expectations as it announced a new £30m loan facility.
N Brown's online focus hits sales but margins hold up
N Brown, the plus size and mature-lady clothing retailer, reported weaker sales over the Christmas period as it strove to keep profit margins steady.