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Oakley Capital fund takes majority stake in fitness platform 7NXT
Oakley Capital Investments announced on Thursday that Oakley Capital Origin Fund has acquired a majority stake in German-language online fitness and nutrition platform 7NXT from founder and chief executive officer Markan Karajica, and Crosslantic Capital.
Friday preview: US non-farm payrolls, stimulus talks in focus
All eyes at the end of the week will be on the latest monthly US jobs report, although investors will also be keeping close tabs on the ongoing Brexit talks and negotiations on Capitol Hill to try and agree on a new government stimulus package.
US close: Stocks higher following busy day for data
Wall Street stocks closed higher on Thursday as the fourth quarter of 2020 got underway on a positive note for stocks amid a slew of data points.
Europe close: Stocks off highs amid conflicting headlines on US stimulus, Brexit
European stocks were mostly higher on the first day of the new quarter despite conflicting headlines around talks on Capitol Hill on approving a new stimulus package in the US and around Brexit.
London close: Stocks finish stronger after positive US stimulus news
Stocks in London managed to hold onto their gains by the close on Thursday, helped along by reports that pointed to a possible breakthrough in talks on Capitol Hill to agree a fourth government stimulus package.
Broker tips: Sumo Group, Go Ahead Group
Analysts at Berenberg raised their target price on video games developer Sumo Group from 190. 0p to 270. 0p on Thursday following the firm's first "significant" acquisition.
Urban Exposure releases update on wind-down strategy
Urban Exposure updated the market on its wind-down strategy on Thursday, in which it was expecting shareholder returns to be between 72p and 78p per ordinary share.
Director dealings: Amigo CEO makes share purchase
Amigo Holdings revealed on Thursday that chief executive Gary Jennison had acquired 500,000 ordinary shares in the London-listed guarantor loans provider.
Sharp drop in US income as enhanced jobless benefits run out
Personal incomes fell more sharply than expected last month as enhanced unemployment benefits ran their course.
ISM US factory PMI points to steady growth in September
Factory output in the US slowed by slightly more than expected last month, although outside of oil most industry executives reported strong demand conditions, the results of the most closely-followed survey for the sector revealed.
US open: Stocks open higher amid data avalanche
Wall Street stocks opened higher at the bell on Thursday as the fourth quarter of 2020 got underway on a positive note for stocks amid a slew of data points.
Second wave of Covid-19 in Europe could have peaked in UK - report
The second wave in Europe could have already peaked in some countries such as the UK, according to the latest report from Imperial College London.
Canaccord Genuity slashes target price on Go-Ahead Group
Analysts at Canaccord Genuity slashed their target price on transport operator Go-Ahead Group from 1,500. 0p to 950. 0p on Thursday after the Covid-19 pandemic took its toll on the firm.
Initial jobless claims dip lower as economic recovery continues at glacial pace
Initial jobless claims dropped last week as the US jobs market continued on its slow recovery from the Covid-19 pandemic.
EU denies FT Tweets on state aid Brexit breakthrough - report
EU officials said no “landing zones” were in sight trade talks with the UK, an official with the bloc reportedly said on Thursday after Tweets by a Financial Times reporter citing British officials saying this was the case boosted the pound.
Alien Metals to acquire more tenure in Western Australia
Mineral exploration and development company Alien Metals has agreed to acquire, subject to granting and ministerial consent, 117 square kilometres of tenure adjacent to and surrounding its Elizabeth Hill Silver Project in Western Australia, it announced on Thursday, along with associated historic technical data.
Berenberg raises target price on Sumo Group
Analysts at Berenberg raised their target price on video games developer Sumo Group from 190. 0p to 270. 0p on Thursday following the firm's first "significant" acquisition.
AutoStore suing Ocado over its warehousing technology
Automated technology company AutoStore has filed patent infringement lawsuits in the United States and the United Kingdom against the grocery retailer and warehousing technology provider Ocado, it announced on Thursday.
Halfords shares soar on profit guidance upgrade after bike sales surge
Halfords shares soared on Thursday after the company raised profit guidance on the back of surging demand for bikes during the coronavirus pandemic and added that it intended to hire hundreds of new technicians.