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Davy downgrades easyJet, says immediate upside has been achieved
Davy downgraded easyJet to ‘neutral’ from ‘outperform’ on Thursday as it argued that immediate upside has been achieved.
William Hill shareholders approve Caesars takeover
William Hill shareholders have voted resoundingly in favour of the company's £2. 9bn takeover by Caesars Entertainment.
Naked Wines first-half revenues surge as lockdowns boost demand
Naked Wines upgraded its full-year sales growth expectations on Thursday and reported an 80% jump in first-half revenues as wine orders were boosted by Covid-19 lockdowns.
Initial jobless claims rise for first time in over a month
Americans continued filing for unemployment claims at an elevated level last week, this time at a slightly accelerated pace.
Macy's quarterly sales slump amid ongoing Covid-19 pandemic
Retailer Macy's revealed on Thursday that quarterly sales had slumped more than a fifth as consumers dialled back spending throughout the Covid-19 pandemic.
CMA to probe Virgin-O2 merger
The Competition and Markets Authority will carry out a full investigation of the merger between Virgin Media and O2 after the European commission referred the deal to the UK.
Catalyst warns of difficult trading for SIS investment
Catalyst Media Group (CMG) updated the market on Sports Information Services on Thursday, in which it holds an interest of about 20. 54%.
Dekel acquires further interest in Tiebissou Cashew Project
West Africa-focussed agriculture company Dekel Agri-Vision has completed the acquisition of an additional 14. 2% interest in the large scale raw cashew nut processing project at Tiebissou, Côte d'Ivoire, it announced on Thursday.
Jefferies downgrades Reckitt, says vaccine rollout alters landscape
Jefferies downgraded its rating on shares of consumer goods giant and Dettol maker Reckitt Benckiser on Thursday to ‘underperform’ from ‘hold’ and slashed the price target to 5,845p from 7,100p.
Somero lifts expectations as momentum continues into second half
Concrete levelling technology company Somero updated the market on its trading on Thursday, reporting that as a result of positive trading momentum from the end of the first half continuing into the second half of 2020, it now expected to exceed its previous reinstated expectations for the year ending 31 December.
Headlam jumps after trading rebounds
Headlam shares jumped after the floorcoverings supplier said annual profit would be well above expectations following a rebound in trading.
Agronomics puts another $5m into seafood firm BlueNalu
Cellular agriculture-focussed investor Agronomics has completed a subscription for a $5m (£3. 8m) convertible promissory note (CPN) in existing investee company BlueNalu, it announced on Thursday.
US pre-open: Futures lower as health woes return to focus
Wall Street futures had stocks opening lower ahead of the bell on Thursday as more positive vaccine news was obscured by the ever-growing number of fresh Covid-19 cases across the US.
Next 15 trades ahead of expectations in third quarter
Next 15 said on Thursday that trading over the third quarter of its financial year had continued to be “strong”, and ahead of management expectations.
Liberum upgrades Easyjet to 'buy' on self-help actions, hikes target price
Analysts at Liberum hiked their target price for shares of Easyjet and upgraded their recommendation from 'hold' to 'buy' on the back of the budget airline's moves to rein in non-fuel costs.
UK factory orders drop amid virus second wave - CBI
UK factory orders fell at a faster pace in November as the second wave of Covid-19 hit demand, a Confederation of British Industry survey showed.
One in seven UK companies risk collapse due to Covid-19 crisis - ONS
One in seven companies is at risk of collapsing in the next three months due to the struggles caused by the Covid-19 crisis, revealed the latest survey by the Office for National Statistics.
London midday: Stocks in the red as virus fears weigh
London stocks were still weaker by midday on Thursday as optimism over a potential Covid-19 vaccine was replaced by worries about rising cases, tightening restrictions and their impact on the economy.
Frasers Group ups stake in Mulberry to 37%, mulls bid
Mike Ashley’s Frasers Group has upped its holding in luxury brand Mulberry to 37% and is considering a possible takeover, it confirmed on Thursday.
Halma revises FY guidance, lifts divi after strong start to second half
Safety equipment maker Halma revised its full-year profit forecasts and lifted its interim dividend as order intake in the second half rose year on year.