Latest News
Tiffany & Co earnings grow despite decline in worldwide sales
Jeweller Tiffany & Co said on Thursday that earnings were on the up despite seeing worldwide net sales for the two months ended 30 September had declined year-on-year.
Barclays downgrades Pearson to 'underweight'
Barclays downgraded its stance on education publisher Pearson to ‘underweight’ from ‘equalweight’ on Thursday, cutting the price target to 520p from 570p as it pointed to multiple risks to 2021 forecasts.
Volex sees interim revenues, profits beating forecasts
Manufacturing services provider Volex said on Thursday that trading had continued to improve since the end of July, with the firm now expecting both interim revenues and profits to beat expectations.
Countryside upbeat for current year, despite uncertain outlook
Countryside Properties insisted it was well positioned for current financial year on Thursday, despite the uncertain economic outlook.
Rent collection and footfall improves at Regional & Capital
Shares in Capital & Regional jumped on Thursday, after the property firm said rent collection was improving, while footfall had benefited from more people working from home.
LPA Group wins 'significant' project for new Tube trains
LED lighting and electromechanical systems manufacturer LPA Group announced a “significant” project award, subject to contract, for the UK rail market on Thursday.
US pre-open: Futures point to third-straight day of losses
Wall Street futures had stocks opening lower ahead of the bell on Thursday, putting major indices on track for a third consecutive day of losses.
Great Western Mining makes progress at Mineral Jackpot
Great Western Mining updated the market on operations at the Mineral Jackpot properties (MJ) in the Black Mountain Group of Nevada’s Mineral County on Thursday, where it was focussed on producing first gold and silver from the operation in the current year.
Europe midday: Shares extend losses as London Covid curbs tightened
European stocks were lower in lunchtime trade as London was placed under stricter Covid-19 measures amid tightening restrictions across Europe, while dwindling hopes of another US stimulus deal and a crunch Brexit summit in Brussels also worried investors.
London midday: Stocks slide on further restrictions, fading US stimulus hopes
London stocks were firmly in the red by midday on Thursday amid tightening coronavirus restrictions across Europe and as hopes of further US stimulus faded.
Dunelm Q1 sales up on digital, in-store demand
UK home furnishing retailer Dunelm on Thursday reported a 37% jump in first-quarter sales, boosted by higher online demand, as well as a recovery in its stores after Covid-19 lockdowns were eased.
Equals Group acquires Effective FX's international payments business
Business-to-business payments group Equals said on Thursday that it had acquired assets from the international payments business of Effective FX.
Cerillion reports 'strong' second half trading
Billing and customer relationship management software company Cerillion said on Thursday that trading over the rest of its second half continued strongly, as it signed its largest ever contract in mid-September.
Marston's to axe 2,150 jobs as fresh restrictions bite
Pub and brewing company Marston’s is to axe more than 2,000 jobs after fresh restrictions were announced for the hospitality sector.
Liberum slashes easyJet price target
Broker Liberum cut its price target on hold-rated easyJet to 500p from 600p on Thursday as it said the short-term outlook is toughening, with tightening Covid-19 restrictions.
AO World revenues rise 57% after strong second quarter
Online electrical retailer AO World said it expected half-year revenue to rise by more than half driven by strong demand in the UK and Germany.
London to move from Tier-1 to Tier-2 Covid-19 restrictions on Saturday
Londoners will be subject to Tier-2 Covid-19 restrictions from Saturday, meaning that the mixing of households indoors and at pubs and restaurants will not be allowed.
Clear Leisure pleased with litigation progress
Clear Leisure updated the market on the ongoing claims relating to its historical assets and PBV Monitor on Thursday, reporting that the third court hearing in respect of the €10. 8m legal action by Clear Leisure against the former directors and internal audit committee of Sipiem, in which it holds 50. 17%, had now been held in the Venice Court.
Starcom revenues 'significantly' hit by Covid-19
Internet-of-Things solutions provider Starcom said on Thursday that revenues had been "hit significantly" by the Covid-19 pandemic.
Deutsche Bank lifts Bunzl price target after Q3 update
Deutsche Bank upped its price target on shares of distribution and services group Bunzl to 2,971p from 2,175p on Thursday following the company’s third-quarter update a day earlier.