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Thursday broker round-up
Compass: Barclays upgrades to overweight with a target price of 1,500. 0p.
Europe close: Stocks dip, but finish well off session lows
European shares finished weaker on Thursday but well off their intraday lows as investors digested more dovish than expected remarks from central banks around the world, not least from the US Federal Reserve overnight.
Friday preview: US consumer confidence, UK retail sales in focus
Financial markets' focus at the end of the week will be on the US consumer, as the University of Michigan publishes its preliminary reading for consumer confidence for September at 1500 BST.
London close: Stocks finish weaker as BoE stands pat
London stocks closed weaker on Thursday, after the Bank of England left interest rates and its bond-buying target unchanged but said it was ready to take further action amid economic uncertainty.
Wilmington dividend suspended as it ends year in line
Data and business information company Wilmington reported preliminary results at the top end of its expectations for revenue and profit on Thursday, with revenues for the year falling 8% to £113. 1m.
Regional REIT puts in 'resilient' first half performance
Regional REIT reported an EPRA total return of 37. 3% since listing in 2015 in its half-year report on Thursday, representing 7% annualised returns for shareholders.
WANdisco revenue remains weaker as it launches new products
Data technology company WANdisco reported first-half revenue of $3. 6m (£2. 78m) on Thursday, down from $6m year-on-year.
Enwell Energy revenue falls as commodity prices weaken
Ukraine-focussed oil and gas exploration and production company Enwell Energy reported revenue of $24. 7m (£19. 07m) in its first half on Thursday, which was down 21% as a result of weakened gas prices in the period.
Broker tips: Informa, Petropavlovsk, Compass Group
JPMorgan Cazenove downgraded its stance on shares of Informa to ‘neutral’ from ‘overweight’ on Thursday and slashed the price target to 389. 0p from 528. 0p as it waits for business travel to return.
Director dealings: Domino's Pizza director makes share purchase
Domino's Pizza Group revealed on Thursday that non-executive director Lynn Fordham had acquired 60,000 ordinary shares in the London-listed fast-food chain.
Interim trial data for Moderna Covid-19 vaccine expected in November, perhaps October
Moderna will seek emergency use approval for its Covid-19 vaccine candidate if its proves to be at least 70% effective in the ongoing phase three clinical trials.
FTSE 250 movers: Playtech slumps; IG rallies
London’s FTSE 250 was down 0. 3% at 17,749. 95 in afternoon trade on Thursday.
US open: Stocks trade lower as Fed vows to keep interest rates at current levels
Wall Street stocks opened lower on Thursday after the Federal Reserve vowed to keep interest rates at their current level until 2023 and market participants mulled over some conflicting statements around the roll-out of a potential coronavirus vaccine.
FTSE 100 movers: Informa hit by downgrade; Next rallies
London’s FTSE 100 was down 0. 4% at 6,053. 61 in afternoon trade on Thursday as investors digested the latest policy announcement from the Bank of England.
Citi says 'buy' Ceres Power and ITM Power
Citi advised investors to 'buy' shares of Ceres Power and ITM Power as the bank initiated coverage of European hydrogen equipment makers.
US homebuilders stumble in August, but further strength seen ahead
The US housing market cooled a bit last month but economists were quick to dismiss the drop, pointing to the impact of hurricanes on activity in the South and strength in permits for the construction of new single-family homes.
US manufacturing strengthens in September, Philly Fed says
Manufacturing sector conditions in the US mid-Atlantic region continued to firm in September, the results of a closely-followed survey revealed.
Secondary US jobless claims fall sharply
US unemployment claims only dipped a little over the preceding week, but those not being filed for the first time fell sharply.
ADM Energy submits bid for marginal field in Nigeria
Natural resources investment company ADM Energy has formally submitted a bid with the Nigerian Department of Petroleum Resources (DPR) for a marginal field in the 2020 Marginal Field Bid Round, it announced on Thursday.
Sure Ventures' VividQ enters hologram collaboration with Arm
Software and technology venture capital fund Sure Ventures updated the market on its investment in 3D holography-focussed company VividQ on Thursday, in which the company holds directly and indirectly as part of the investment portfolio of Sure Valley Ventures Fund (SVV).