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Entertainment One to buy UK-based Audio Network
Peppa Pig owner Entertainment One has announced the acquisition of UK-based Audio Network, a creator and publisher of original music for use in film, television and advertising, for £178m.
Barclays calls on shareholders to vote against Bramson appointment
Barclays released a statement on Thursday highlighting its opposition to the appointment to the board of Edward Bramson, the activist investor calling for the bank to shrink its investment arm.
London close: FTSE nudges lower but travel and housebuilding stocks rally on Brexit delay
London stocks ended Thursday’s session a touch lower, but travel and housebuilding issues raced ahead as the Brexit can was kicked down the road once again.
Europe close: Stocks manage small gains as UK agrees Brexit extension
Stocks on the continent finished Thursday's session just above the waterline, after a day in which a slightly hawkish set of US central bank policy meeting minutes and an "awkward" extension to Article 50 saw sentiment remain muted.
Pelosi calls for $2tn to be spent on US infrastructure
US House Speaker Nancy Pelosi on Thursday said an infrastructure bill under development by Democrats will cost in excess of $1tn.
Broker tips: Dixons Carphone, IWG, Ocado, Glencore, Kaz Minerals
Dixons Carphone rallied on Thursday as Barclays initiated coverage of the stock at ‘overweight’ with a 175p price target, arguing that it’s a "potentially attractive turnaround story".
FTSE 250 movers: Grafton gains, Sirius slides
London's FTSE 250 index was 0. 47% higher at 19,577. 36 in afternoon trade on Thursday, with Grafton heading the risers on the back of a new acquisition.
Director dealings: Devro's HR director makes share sale
Devro's human resources director Sarah Voaden offloaded 7,261 ordinary shares in the sausage casings manufacturer on Thursday.
Tesla stock down as Panasonic reviews investment in Gigafactory
Tesla stock fell around 3. 8% on Thursday after it announced that it was reviewing the expansion plans for the battery gigafactory with its joint-venture partner, Panasonic.
Friday preview: JP Morgan, Chinese foreign trade in focus
The focus at the weekend will shift towards the health of the US corporate sector, as banking heavyweights JP Morgan and Wells Fargo kick off the first quarter earnings season across the Pond.
Dixons Carphone 'potentially attractive turnaround story', says Barclays
Dixons Carphone rallied on Thursday as Barclays initiated coverage of the stock at ‘overweight’ with a 175p price target, arguing that it’s a "potentially attractive turnaround story".
US open: Dow opens higher as investors digest latest news on Sino-US relations
Wall Street trading began on a mixed note on Thursday as investors digested the latest news on Sino-US relations and looked to the start of the first-quarter earnings season.
IWG's franchising move could release 'a lot of value', says Peel Hunt
Analysts at Peel Hunt upgraded serviced offices provider IWG to 'buy' from 'hold' on Thursday, noting that the group's move to franchising out parts of the business could release "a lot of value".
Avesoro sees decent gold production from New Liberty
West Africa-focussed gold producer Avesoro Resources issued its preliminary production results for the quarter ended 31 March on Thursday, from its New Liberty Gold Mine in Liberia and the Youga Gold Mine in Burkina Faso.
AMP flags loss after tough year for Wood Fuels business
Distributed heat, power and renewable fuels company Aggregated Micro Power Holdings updated the market on its year ended 31 March on Thursday, reporting that it achieved “strong” outperformance in both Urban Reserve and IncubEx during the period, but had a “difficult” year in Wood Fuels.
US wholesale prices jump in March, but underlying figures point to softness
Wholesale prices bounded past forecasts last month, but a closer look at the figures revealed the core measures of inflation were pointing to some softness ahead.
Alpha FMC reports 'exciting potential' and expects to outperform last year
Alpha Financial Markets Consulting reported that both revenue and adjusted EBITDA are expected to be ahead of the last financial year and in-line with current full year market expectations in its pre-close trading update on Thursday.
US jobless claims fall to near 50-year low
The number of Americans filing for unemployment benefits unexpectedly fell last week, to a near 50-year low, according to data from the Labor Department.
FTSE 100 movers: Travel stocks rally on Brexit delay; Fresnillo loses its shine
London's FTSE 100 was steady at 7,420. 69 in afternoon trade on Thursday as investors mulled the consequences of a Brexit delay to the end of October.
China and US agree on trade enforcement mechanism, says Mnuchin
US Treasury secretary Steven Mnuchin said on Wednesday evening that China and the US have agreed to set up trade enforcement offices in both countries in order to monitor compliance with any trade deal, suggesting that an end to their trade war is close.