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Nichols' out-of-home sales decline offsets Vimto outperformance
Soft drinks group Nichols said on Thursday that the continued outperformance of its Vimto brand had been offset by an anticipated decline in out-of-home sales as a result of Covid-19.
London open: Stocks fall as investors fret about rising Covid cases, restrictions
London stocks fell in early trade 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.
Close Brothers delivers 'strong performance' in Q1
Merchant banking group Close Brothers said on Thursday that it had delivered "a strong performance" in the first quarter, reflecting high levels of new business volumes in its lending businesses.
Euromoney restarts dividend as annual profit falls
Euromoney reinstated its dividend as the business publisher reported a sharp drop in annual profit caused by event cancellations during the coronavirus crisis.
Investec reinstates dividend, guides for better H2
Financial services company Investec reinstated its dividend and forecast a better second half after better-than-expected interim results.
Grainger FY rental income grows despite Covid-19
Residential landlord Grainger said on Thursday that net rental income had grown in the year ended 30 September despite the uncertainty created by the ongoing Covid-19 pandemic.
CMC Markets posts record H1 results as Covid boosts activity
Online trading platform CMC Markets reported a record first-half performance on Thursday as it benefited from ongoing volatility related to the Covid-19 pandemic.
LondonMetric ups dividend after strong rent collection
LondonMetric increased its dividend as the property company reported strong rent collection and higher revenue in the first half.
Johnson Matthey H1 profits drop as Covid dents demand
Johnson Matthey reported a slump in first-half pre-tax profit on Thursday as the coronavirus pandemic dented demand but said it expects a "materially stronger" second half.
London pre-open: Stocks seen lower on Covid woes
London stocks were set to fall at the open on Thursday as optimism over a potential Covid-19 vaccine was replaced by worries about tightening restrictions and their impact on the economy.
Thursday newspaper round-up: Norwegian Air, pay freezes, Apple
Low-cost airline Norwegian Air has filed for bankruptcy protection in Ireland, becoming the biggest casualty of the coronavirus pandemic in the aviation sector to date. The troubled carrier has asked an Irish court to carry out a process of examinership. This should protect the group’s assets while it tries to slash debt levels and find new funding as part of a restructuring. It is expected to take as long as five months. - Guardian .
US close: Stocks add to losses as infections soar
Wall Street stocks finished weaker on Wednesday, after a session in which the major indices looked for direction following yesterday's losses.