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FTSE 100 movers: Travel & Leisure stocks find a bid, but Meggitt still unloved
Travel-related issues paced gains on the top-flight index as central banks on both sides of the Atlantic, including the Bank of England, US Federal Reserve, and European Central Bank carried out simultaneous emergency actions to help smooth over the dislocations in financial markets.
FTSE 250 movers: Elementis jumps as company scraps dividend
Investors cheered Elementis's decision to scrap its dividend in response to the "significant demand and operating uncertainty" presented by the coronavirus pandemic.
Europe close: Stocks finishing higher as central banks move to calm selloff
Stock markets on the Continent managed a higher close on Thursday helped by coordinated actions by central banks on both sides of the Pond and a bounce in crude oil futures.
Friday preview: PBoC, Berkeley Group Holdings in focus
The focus at the end of the week will continue to be on central banks, with rate-setters in Beijing set to meet to decide on rates.
Canaccord stays at 'hold' on Crest Nicholson despite dividend cut
Analysts at Canaccord Genuity reiterated their 'hold' recommendation for shares of Crest Nicholson after the homebuilder shelved its financial dividend.
JP Morgan says selloff in Intermediate Capital Group is 'overdone'
Analysts at JP Morgan reiterated their 'overweight' recommendation for shares of Intermediate Capital Group, telling clients that the current share price was pricing "unrealistic downside scenarios".
Director dealings: IWG boss buying with a vengeance
The boss of IWG, formerly Regus, Mark Dixon, stepped into the market for the third time in the same week on 18 March.
London close: Markets close higher as BoE slashes interest rates
London’s benchmark was back into the green by the close on Thursday, after the Bank of England cut interest rates to 0. 1% - the lowest level in history - from 0. 25%, as it looked to limit the economic fallout from the coronavirus pandemic.
Around 170,000 job losses in film industry as coronavirus halts production
Approximately 120,000 people have already lost their jobs in Hollywood and 50,000 freelancers in the UK are unable to find work due to the coronavirus pandemmc and the ensuing shutdown ordered by government.
NASA and SpaceX set first astronaut launch for mid-May despite pandemic
NASA and SpaceX announced late on Wednesday that their Demonstration Mission 2 commercial crew launch that would take astronauts to space has been scheduled for mid to late May.
Domino's plans to hire 10,000 workers in US
Domino’s Pizza expects to hire about 10,000 workers nationwide in response to the coronavirus pandemic, it said on Thursday.
Safestyle readies for coronavirus impact after turnaround year
Window and door manufacturer Safestyle reported an 8. 4% improvement in revenue in its final results on Thursday, to £126. 2m.
Housebuilders are too cheap, Jefferies says
UK housebuilders are too cheap, Jefferies said as the broker placed 'buy' ratings on almost all sector stocks after big share price falls caused by the coronavirus crisis.
Federal Reserve extends US dollar swap lines to nine more central banks
America's central bank moved rapidly to alleviate the impact from the scramble for US dollars as investors around the world sought out liquidity in the wake of the coronavirus pandemic, including to several of the largest emerging economies.
Bank of England cuts interest rates to 0.1%
The Bank of England has cut interest rates to 0. 1% - the lowest level in history - from 0. 25% as it looks to limit the economic fallout from the coronavirus pandemic.
Paypoint suspends dividend to weather Covid-19
Bill payment service provider Paypoint said on Thursday that it was suspending its dividend and will review cost reduction measures as it looks to weather the coronavirus outbreak.
Thursday broker round-up
Barratt Developments: Jefferies upgrades to buy with a target price of 729p.
US open: Stocks find slight bid despite dismal economic data
Shares on Wall Street got off to a slightly higher start helped by the latest moves from authorities to offset the fallout from the corovanirus pandemic and the immediate effect of efforts to contain it.
Sunak faces pressure to support workers' pay
The government faced mounting pressure on Thursday to pay people unable to work because of the coronavirus crisis.
US jobless claims leap as Covid-19 slams hospitality and transportation
First time unemployment claims in the US leaped last week as the Covid-19 coronavirus disrupted activity across the accommodation, food and transportation sectors.