Latest News
Thermo Fisher to buy PPD in $17.4bn deal
Thermo Fisher has agreed to buy PPD, a provider of clinical research services to the pharma and biotech industry, for $17. 4bn.
US pre-open: Futures in the green as earnings continue to roll in
Wall Street futures were in the green ahead of the bell on Thursday thanks to some better-than-expected corporate results.
Citi upgrades B&Q owner Kingfisher to 'neutral'
Citi upgraded its stance on shares of B&Q owner Kingfisher on Thursday to ‘neutral’ from ‘sell’ as it argued that ongoing DIY strength amid extended lockdowns provides good support to current expectations.
Bank of America posts higher than expected Q1 profits and revenues
Shares of Bank America made a renewed push towards their 13-year highs after announcing that its profits had more than doubled and sounded a very upbeat note on the outlook.
London midday: Stocks in the black as miners gain; earnings in focus
London stocks were still in the black by midday on Thursday, supported by a solid showing in the mining sector as investors turned their attention to earnings.
Shell sets out climate plan, rejects shareholder resolution
Royal Dutch Shell has set out plans to become a net zero company by 2050 and urged shareholders to reject a resolution calling for tougher action at its annual general meeting.
GoldStone Resources delays planned gold pour
West Africa-focussed gold exploration and development company GoldStone Resources announced a delay to its planned gold pour on Thursday.
Iofina production falls as iodine market recovers
Iodine and specialty chemicals extractor and producer Iofina reported a “strong recovery” in the iodine market in the first quarter on Thursday, with sales demand said to be at pre-pandemic levels.
Europe open: Stocks edge higher with focus on corporate earnings
Stocks in Europe are edging higher and hovering near their recent highs despite a late sell-off in the technology space Stateside overnight.
Over half of workers within BAME community concerned about post-pandemic work
Around 58% of workers within the BAME community are concerned about post-pandemic work, revealed the Resolution Foundation and the Future Strategy Club on Thursday.
Botswana Diamonds to drill more holes at Thorny River
Botswana Diamonds announced on Thursday that a further drilling programme on its Thorny River diamond prospect in South Africa’s Limpopo province would begin on 19 April.
Almost 37% of UK working adults given less than a week's notice of working hours
Close to two-fifths (37%) of UK workers in full or part-time employment are given less than a week's notice of their shifts or work patterns, the latest research conducted by the Living Wage Foundation revealed.
Anglo Asian gold production down in first quarter
Azerbaijan-focussed gold, silver and copper producer Anglo Asian Mining updated the market on production, sales and operations at its Gedabek mining and production contract area in the first quarter on Thursday, reporting gold production of 11,907 ounces, down from 15,867 ounces year-on-year.
Serabi Gold makes solid progress in first quarter
Brazil-focussed gold mining and development company Serabi Gold reported first quarter gold production of 8,087 ounces for the Tapajos region of the country’s Para state on Thursday.
Asia report: Markets mixed, PBoC maintains liquidity levels
Markets in Asia closed in a mixed state on Thursday, as fresh jobs data out of Australia beat expectations.
Barclays starts coverage of Jet2 at ‘overweight’
Barclays initiated coverage on shares of Jet2 on Thursday at ‘overweight’ with a 1,650p price target as it said "opportunities have opened up in a historically competitive market".
Ultra Electronics and QinetiQ rated 'neutral' by Citi
Citi gave shares of Ultra Electronics and QinetiQ 'neutral' ratings as the bank started coverage of the defence engineers.
1Spatial secures contract extension with Google Real Estate and Workplace Services
Software and solutions firm 1Spatial said on Thursday that following an initial trial and implementation phase, Google Real Estate and Workplace Services had extended its contract for services to support the licensing of its rules engine and cloud portal.
N26 to enter insurance market in partnership with Simplesurance
German online bank N26 announced on Thursday it would enter the insurance market in partnership with local company Simplesurance.
Polar Capital posts solid performance for latest financial year
Polar Capital updated the market on its assets under management following the end of its financial year on Thursday, reporting total assets under management of £20. 9bn at year-end.