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Friday preview: Inflation data in focus on either side of the Atlantic
Investors' attention at the end of the week will be on key inflation data due out on either side of the Atlantic.
US close: Stocks put in decent gains as bond yields ease
US stocks put in decent gains on Thursday despite a mixed bag of economic data, as bond yields fell back from their recent highs.
London close: Stocks mixed as interest rate concerns simmer
London stocks finished with a varied performance on Thursday as investors pored over the latest US jobless claims data, with underlying anxieties regarding interest rates still bubbling away.
Director dealings: Hill & Smith chair, SSP CEO make confident purchases
Hill & Smith was on the list of director buys on Thursday after Alan Giddins, the executive chair, acquired 9,000 shares.
N4 Pharma picks up controlling interest in Nanogenics
Pharmaceutical firm N4 Pharma announced the acquisition of a controlling interest in Nanogenics on Thursday.
FTSE 100 movers: Miners on the rise; Phoenix goes ex-div
London’s FTSE 100 was down 0. 1% at 7,587. 14 in afternoon trade on Thursday.
SDX Energy finds gas-charged sands in new well
SDX Energy announced the successful drilling of the KSR-21 well on Thursday, achieving its target vertical depth of 1,955 metres, or 1,966 metres when considering the measured depth.
US open: Wall Street inches higher after mixed economic data
US stocks were inching higher on Thursday as a mixed set of economic data helped offset ongoing concerns about elevated oil prices, rising bond yields and brinkmanship on Capitol Hill that threatened a government shutdown.
Bradda Head updates Basin Project mineral resource
Bradda Head Lithium unveiled an updated mineral resource estimate for its Basin Project in Arizona on Thursday, having undergone an additional 2,355. 2 metres of sonic drilling in 2023.
Cornish Metals starts commissioning mine water treatment plant
Explorer and developer Cornish Metals announced the start of the wet commissioning process for its mine water treatment plant (MWTP) at the South Crofty Tin Project in Cornwall on Thursday.
US jobless claims little changed during latest week
Jobless insurance claims numbers in the U. S. were little changed during the past week, possibly reflecting companies' continued efforts to retain workers.
Broker tips: Drax, Croda, Babcock
JPMorgan Cazenove cut its price target on Drax on Thursday to 740p from 830p as it lowered its valuation for the stock.
FTSE 250 movers: Digital 9 tanks on divi cut; Babcock guidance pleases
FTSE 250-listed Digital 9 Infrastructure has decided to scrap its second-quarter dividend after a tough first half, as it continues to look for investment partners in its Verne Global data centres in Iceland, Finland and the UK.
German inflation falls to lowest levels since start of Ukraine war
Germany's inflation rate looked set to decrease to 4. 5% in September, marking the lowest level seen since the onset of the war in Ukraine, according to provisional figures from the country’s federal statistical office on Thursday.
GameStop appoints billionaire Ryan Cohen as CEO, president
GameStop announced on Thursday that it has appointed billionaire Ryan Cohen as president and chief executive officer with immediate effect.
Renewi rejects £636m takeover offer from Macquarie, shares surge
Renewi surged on Thursday as it emerged the waste management company had rejected a £636m cash takeover offer from Macquarie Asset Management.
Zoo Digital to take hit from US writers' strike, shares slide
Zoo Digital tanked on Thursday as it warned it will suffer a "significant" EBITDA loss for the first half as the writers’ strike in the US dents revenues.
FRP Advisory reports robust trading, hikes quarterly dividend
FRP Advisory Group reported robust trading in an update on Thursday, as it remained consistent in its growth trajectory.
Kistos proforma production, earnings tumble in first half
Gas and oil producer Kistos reported a 25% fall in total production in its first half on Thursday to 1,659,000 barrels of oil equivalent.
Europe midday: Shares turn red on German GDP data, Evergrande woes
European shares turned flat on Thursday despite as more woes from troubled Chinese property developer Evergrande, which hit shares in Hong Kong overnight, hit sentiment, along with downbeat growth data from Germany.