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XLMedia acquires US college football news site
Digital performance publisher XLMedia has acquired the business and assets of Saturday Football, a major online publisher of US college football news.
Europe open: Stocks edge higher as focus turns to US data
European stocks edged higher in early trade on Thursday as investors awaited the release of US initial jobless claims later in the day and the non-farm payrolls report on Friday.
The Gym Group losses narrow as it looks to post-Covid expansion
The Gym Group reported a 21. 4% decline in revenue in its first half on Thursday, to £29. 3m, in a period in which its facilities were legally required to be shut for more than 50% of trading days.
Gulf Keystone returns to post-tax profit in first half
Iraqi Kurdistan-focussed petroleum operator Gulf Keystone reported a 162% improvement in its first-half revenue on Thursday, to $130. 7m (£94. 78m), contributing to a return to profit after tax of $64. 8m, compared to a $33. 1m loss a year ago.
Pandemic retail footfall gap continues to close in August
Visits to shops improved in August by around a quarter, according to fresh data released on Thursday, with footfall being 18. 6% below pre-pandemic levels in 2019 in August, compared to the 24. 2% gap in July.
Energean production beats guidance after Edison purchase
Energean said production was outperforming guidance as the gas explorer reported its first set of results including an full contribution from the acquisition of Edison's oil and gas business.
London open: Stocks steady as investors eye US data
London stocks were steady in early trade on Thursday as investors eyed the latest US jobless claims, but Melrose was a high riser after well-received results.
Londonmetric acquires urban logistics warehouse in Cardiff
Real estate investment trust Londonmetric has acquired an urban logistics warehouse in Cardiff for £11. 1m, reflecting a blended net initial yield of 5. 0%.
CMC Markets cuts FY earnings outlook, shares slide
CMC Markets cut its full-year earnings outlook on Thursday as it highlighted subdued trading and reduced market volatility, sending shares in the online trading platform tumbling.
Apax Global Alpha value rises on Wizeline sale
Apax Global Alpha said on Thursday that the Quebecois pension investor CDPQ has agreed to acquire a controlling stake in Wizeline from the Apax Digital Fund, in which it is a limited partner.
Grainger raises £209m in placing to fund acquisitions
Residential landlord Grainger said on Thursday that it has raised £209m in a placing, partly to fund two recent acquisitions and buy at least two schemes within its Planning & Legals pipeline.
CMA blocks JD Sports' Footasylum deal on appeal
The UK's competition regulator has reiterated its decision to block JD Sports Fashion's takeover of Footasylum and has called for JD to sell the business.
Barratt Developments FY profits surge amid 'strong' demand
Housebuilder Barratt Developments reported a 65% jump in full-year profit on Thursday amid "strong" demand.
Melrose trading ahead of expectations, Apax value rises on Wizeline sale
London open The FTSE 100 is expected to open 13 points lower on Thursday, having closed up 0. 42% at 7,149. 84 on Wednesday.
Melrose trades ahead of expectations as loss narrows
Melrose Industries said it was trading ahead of expectations as the industrial turnaround company reported a narrower loss for the first half of 2021.
London pre-open: Stocks seen down as investors eye jobless claims
London stocks were set to fall at the open on Thursday following gains in the previous session, as investors eye the latest US jobless claims ahead of Friday’s non-farm payrolls report.