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Latest News
28 Mar
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US jobless claims little changed during latest week

The U. S. jobs market remained tight during the preceding week.

28 Mar
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Kitwave buys Total Foodservice in £21m deal

Wholesaler Kitwave announced the acquisition of Total Foodservice Solutions on Wednesday, an independent food wholesaler operating in the North of England.

28 Mar
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MediaZest reports continued robust trading

Audio-visual specialist MediaZest said in an update on Thursday that, as explained in its full-year results earlier this month, it had seen a significant increase in activity during the final quarter of the last financial year ended 30 September.

28 Mar
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London midday: Stocks maintain gains ahead of Easter break

London stocks were still firmer by midday on Thursday as investors shrugged off data confirming the UK fell into recession in the second half of last year.

28 Mar
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James Latham revenue still in line with forecasts

James Latham said in a trading update on Thursday that fiscal year revenue had remained in line with market forecasts, with stable cost prices seen for both timber and panels.

28 Mar
Europe midday: Shares hold gains despite German retail sales slump

European shares were on Thursday ahead of the Easter break as investors mulled UK GDP data confirming the economy entered recession last year and a handful of corporate updates.

28 Mar
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Hutchmed cancer treatment indication accepted for review in China

Hutchmed China announced a significant milestone in its cancer treatment work on Thursday, with the supplemental new drug application (sNDA) for savolitinib had been accepted for review by the China National Medical Products Administration (NMPA).

28 Mar
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German retail sales fall unexpectedly in February

German retail sales unexpectedly fell in February, according to official data published on Thursday, showing that consumer spending was unable to drive economic recovery.

28 Mar
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Home Depot to buy SRS Distribution in $18.25bn deal

Home Depot said on Thursday that it has agreed to buy SRS Distribution, a residential specialty trade distribution company, for around $18. 25bn.

28 Mar
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US pre-open: Futures hold steady ahead of economic data

US stock futures were pointing to a flat start on Wall Street on Thursday as investors paused for breath ahead of a long weekend, with yet more economic data on tap.

28 Mar
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JD Sports shares up despite 'challenging' market, January sales slip

JD Sports Fashion shares jumped on Thursday as investors breathed a sigh of relief that a trading update essentially reaffirmed guidance after a profits warning in January, despite continuing “challenging” trading and flat like-for-like fourth-quarter sales.

28 Mar
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AO World sees FY profit 'at least' at top end of guidance

Electrical retailer AO World said on Thursday that FY24 adjusted pre-tax profit was set to be "at least" at the top end of the guided range of £28m to £33m.

28 Mar
Idox trading as expected in year-to-date

Information management and geospatial software specialist Idox said in a trading update on Thursday that its operational and financial performance had remained in line with the board's expectations in the financial year to date, instilling confidence in its outlook.

28 Mar
JD Sports update provides 'sense of relief', says Shore Capital

Shore Capital has reiterated its 'buy' rating for JD Sports after a reassuring trading update from the sportswear and footwear retailer, which has given the stock a boost as it recovers after a profit warning at the start of the year.

28 Mar
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Asia report: Aussie stocks jump as yen languishes

Asia-Pacific markets finished with a mixed performance on Thursday, in a day of contrasts across the region.

28 Mar
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3i Infrastructure expects to hit targets with annual results

Infrastructure investment group 3i Infrastructure said trading towards the end of its financial year has been in line with expectations with its portfolio performing well and delivering strong earnings growth.

28 Mar
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Quiz announces board changes amid subdued trading

Shares in clothing retailer Quiz were sliding on Thursday morning, after it reported continued subdued trading alongside significant changes to its board, as part of a strategic review.

28 Mar
Europe open: Shares up as investors mull UK GDP; JD Sports in fashion

European shares opened higher on Thursday ahead of the Easter break as investors mulled UK GDP data confirming the economy entered recession last year and a handful of corporate updates.

28 Mar
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International Public Partnerships manages 5pc dividend growth

Infrastructure investment company International Public Partnerships reported full-year dividend growth of 5% in its full-year results on Thursday, to 8. 13p per share, in line with the increased dividend target it had set earlier.

28 Mar
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London open: Stocks edge up as investors mull GDP data; Spirent surges

London stocks edged up in early trade on Thursday, taking their cue from an upbeat session on Wall Street, as investors digested data confirming the UK fell into recession in the second half of last year.