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UnitedHealth ups FY profit outlook following Q2 beat
Insurance giant UnitedHealth raised its 2021 profit outlook on Thursday after its second-quarter results topped analysts' estimates.
US close: Stocks mixed after slew of bank earnings
Wall Street’s main indices closed in a mixed state on Wednesday, as second-quarter earnings from some of the biggest banks in the country rolled in.
Europe close: Stocks slip as fifth pandemic wave unfolds across Continent
European stocks finished lower on Thursday as rising Covid-19 case numbers across the Continent continued to drag on risk appetite.
London close: Energy plays drag on FTSE as oil prices fall
London stocks closed in negative territory on Thursday, as investors digested the latest UK jobs data, with energy shares under the cosh amid expectations of rising supply.
Broker tips: InterContinental Hotels, Admiral Group, Beazley, Redcentric
Deutsche Bank upgraded its recommendation on InterContinental Hotels on Thursday to 'buy' from 'hold' and hiked the price target to 5,600. 0p from 5,175. 0p as it said the stock was "a relative safe haven" in the sector.
Immedia shares plunge as it terminates Sprift talks
Multimedia and branded content company Immedia has terminated talks with Sprift Technologies, it announced on Thursday, with immediate effect.
CyanConnode gets follow-on order for Thailand roll-out
Narrowband radio frequency mesh network technology company CyanConnode announced a further follow-on order from its partner, the JST Group, for the Metropolitan Electricity Authority (MEA), which is a state enterprise under the Ministry of Interior in Thailand.
Director dealings: Animalcare director lowers stake
Animalcare Group revealed on Thursday that non-executive director Nicholas Downshire had disposed of 33,409 ordinary shares in the AIM-listed pharmaceutical firm.
Trinity reports continued strong production
Trinidad and Tobago-focussed exploration and production company Trinity updated the market on its operations for the three months ended 30 June on Thursday, reporting that its low cost breakeven and a technically-led operating model had resulted in continued strong production levels and operating cash generation.
BNY Mellon beats on earnings as fee income rises
Bank of New York Mellon reported a 1% fall in total revenue in its second quarter on Thursday, to $4bn, though it did beat Wall Street estimates on earnings as fee income improved.
Empire State manufacturing improves in July
Manufacturing activity in the New York jurisdiction improved more than expected in July, according to a survey released on Thursday.
Philly Fed manufacturing index drops more than expected in July
Manufacturing conditions in the Philadelphia region deteriorated more than expected in July, according to a survey released on Thursday.
US open: Stocks broadly flat, bank earnings and jobless data in focus
Wall Street stocks were ever so slightly in the red early on Thursday as market participants thumbed over more bank earnings and this week's key jobless claims report from the Labor Department.
Semiconductor shortage kneecaps US manufacturing in June
Industrial output in the US grew more slowly than anticipated in June as a shortage of semiconductors kneecapped auto manufacturing.
FTSE 250 movers: Tullow loses ground; Centamin bucks trend
London’s FTSE 250 was 0. 8% lower at 22,568. 55 in afternoon trade on Thursday.
US import prices rise as expected in June
The price of goods purchased overseas rose roughly as expected last month despite a large increase in energy costs.
FTSE 100 movers: Oil giants gush lower; Avast surges
London’s FTSE 100 was down 1% at 7,021. 66 in afternoon trade on Thursday.
US initial jobless claims hit new pandemic-era low of 360,000
First-time unemployment claims dropped to a new Covid-19 pandemic-era low of 360,000 in the week ended 19 June, a marked decrease when compared to the previous week's upwardly revised total of 386,000.
Malvern upbeat on trading as market remains tough
Learning and skills development specialist Malvern International updated the market on its trading on Thursday, reporting that ‘University Pathways’ deposits for the September intake of the 2021-2022 academic year were currently ahead of the prior year.
Morgan Stanley beats Q2 revenue and profit expectations
US banking giant Morgan Stanley's second-quarter revenues and profits exceeded expectations on the Street on Thursday, driven by strength in both equities trading and investment banking.