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The Hut prices IPO at £5 a share
The Hut Group price its shares at £5 each as it prepared for the biggest initial public offering of a UK company since 2013.
Berenberg raises target price on Team17 following 'first half to remember'
Analysts at Berenberg raised their target price on media group Team17 from 650. 0p to 800. 0p on Thursday, stating the company had just delivered a "first half to remember".
Science Group flags decent full-year profit, announces interim divi
Science Group updated the market on its “cautious approach” to the Covid-19 crisis on Thursday, explaining that since the outbreak of coronavirus it had minimised its expenditure and retained cash.
LoopUp secures 'major' new contract, extends existing partnership
Cloud communications provider LoopUp said on Thursday that it had secured a "major new contract" with a top-five global law firm and extended its partnership with C&W Communications through to 2022.
Lloyd's of London expects £5bn payout for Covid-19
Lloyd's of London said it expected to pay out up to £5bn for claims related to Covid-19 as the pandemic drove the insurance market to a £400m first-half loss.
Deutsche Bank upgrades Hargreaves Lansdown on improved flow outlook
Deutsche Bank upped its rating on shares of investment platform Hargreaves Lansdown to ‘hold’ from ‘sell’ on Thursday, lifting the price target to 1,600p from 1,425p as it said the improved flow outlook better justifies the price.
Asia report: Markets mixed after stellar US session overnight
Markets in Asia finished in a mixed state on Thursday, with Chinese equities leading the fallers, following a surge on Wall Street overnight after several sessions of sell-offs.
Dunelm FY profit, revenue hit by store closures
Homewares retailer Dunelm reported a drop in full-year profit and revenue on Thursday as it took a hit from the Covid-19 pandemic and subsequent closure of its stores.
Speedy Hire revenues grow as activity levels increase
Tools and equipment hire group Speedy Hire said on Thursday that revenues had continued to improve over recent months as customers returned to work following Covid-19-related shutdowns and activity levels increased.
Saga ends first half as expected, raises £150m
Saga reported an underlying profit before tax of £15. 9m for its first half on Thursday, down 69. 9% year-on-year but in line with its expectations.
Standard Chartered restructures in bid for affluent customers
Standard Chartered is reorganising its business to concentrate on affluent customers and link up its Asian network.
AstraZeneca asthma drug Fasenra meets endpoints in Phase 3 trial
AstraZeneca said on Thursday that its Fasenra asthma drug met both co-primary endpoints in a phase III trial for patients with chronic rhinosinusitis with nasal polyps.
International PPL hikes interim dividend after resilient first half
International Public Partnerships reported a net asset value per share of 149. 2p at the end of its first half on Thursday, down from 150. 6p at the start of the year.
UK Commercial Property sells Tunbridge Wells retail park
Real estate investment trust UK Commercial Property has sold the Great Lodge Retail Park in Tunbridge Wells to M7 Real Estate for a total of £46. 25m, less rent guarantee deductions.
Fuller Smith & Turner reopens over 90% of managed sites
Pub landlord Fuller, Smith & Turner said on Thursday that over 90% of its managed sites were now open for business after being forced to shutter as a result of the Covid-19 pandemic.
Energean swings to interim loss as sales crash
Gas producer Energean said on Thursday that it had swung to an interim loss as net debt ballooned sales tumbled.
London open: Miners pace the decline as investors eye ECB
London stocks fell in early trade on Thursday, with miners pacing the decline, as investors eyed the latest interest rate decision from the European Central Bank.
Europe open: Shares tread water ahead of Lagarde news conference
European shares tread water in early trade on Thursday after a rally in US tech stocks overnight and ahead of a European Central Bank decision later in the day.
Safestore revenues and UK occupancy grow in Q3
Self-storage facilities operator Safestore posted improved quarterly revenues on Thursday, driven by a record third-quarter increase in like-for-like occupancy across its UK operations.
IAG to raise £2.5bn in rights issue
British Airways' parent IAG said it would raise €2. 74bn (£2. 5bn) in a rights issue to strengthen its finances as the airline group cut its estimates for capacity in 2020.