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Bovis to buy Galliford Try housing arm for just under £1.1bn
FTSE 250 housebuilder Bovis Homes said on Thursday that it had agreed to buy the housing business of Galliford Try for just under £1. 1bn.
GCP Student Living announces first interim dividend as portfolio grows
Student residential-focussed real estate investment trust GCP Student Living updated the market on its performance on Thursday, reporting that at the close of business on 30 September, its unaudited estimated EPRA net asset value per ordinary share was 170. 12p.
TI Fluid Systems outperforms global light vehicle market in third quarter
Automotive fluid system manufacturer TI Fluid Systems updated the market on its trading for the third quarter ended 30 September on Thursday, reporting that despite a softer global light vehicle production market background, group revenue was ahead 0. 9% year-on-year at reported rates, and decreased 1. 0% at constant currency.
Hikma Pharmaceuticals maintains guidance as it invests in growth
Hikma Pharmaceuticals updated the market on its current trading on Thursday, reporting that its global injectables business was continuing to perform well.
Persimmon talks of resilient performance amid ongoing economic uncertainty
Persimmon updated the market on its third quarter on Thursday, reporting that trading over the summer weeks was in line with its expectations, with the group seeing “the usual pick-up” in customer activity as it moved into the autumn season.
Auto Trader H1 profit and revenue rise; FY expectations backed
Car marketplace Auto Trader posted a rise in first-half profit and revenue on Thursday as it backed its expectations for the year.
US close: Markets mixed amid trade deal delay chatter
Stocks finished in a mixed fashion by the close in New York on Wednesday, following a report that a phase one trade deal between Washington and Beijing could be delayed until December.
Rolls-Royce expecting profits at low end of forecasts, Persimmon sees autumn pick-up
London open The FTSE 100 is expected to open 46 points higher on Thursday, having closed up 0. 12% at 7,396. 65 on Wednesday.
Thursday newspaper round-up: LSE, tax break, Clarks
The London Stock Exchange is to consider lopping 90 minutes of the trading day in a bid to improve mental health and attract more women and working parents to a high-pressure environment known for gruelling hours. The LSE made the announcement after City lobby groups sent a letter to nine exchanges, including Germany’s Deutsche Boerse and the Amsterdam-headquartered Euronext, urging them to adopt the proposal. – Guardian.
London pre-open: Stocks seen muted ahead of BoE announcement
London stocks were set for a muted open on Thursday as investors mulled news of a delay to a potential Sino-US trade deal and eyed the latest policy announcement from the Bank of England.