Market Pulse
Europe close: Shares slip on lack of ECB action
European stocks wavered and then fell back as the European Central Bank held off from announcing any further stimulus at its policy meeting, as some observers - but not all - had anticipated.
Mexican CPI edges lower in August, despite peso weakness
Headline inflation was on the rise in Mexico, but stable core prices meant the central bank's neutral stance was justified in the near-term.
Mastercard facing £14bn damages claim from UK consumers
US card company Mastercard will defend a legal claim against it to the tune of £14bn from UK consumers in pursuit of damages for anti-competitive swipe fees.
Amiad Water Systems' first half profit plummets on low sales
Water treatment and filter producer Amiad Water Systems’ half year profit more than halved due to a fall in sales as it was affected by the prolonged downturn in oil prices.
London close: Stocks end higher on M&A news while ECB disappoints
London stocks erased some of their early gains on Thursday after the European Central Bank shot down hopes of further quantitative easing.
Director dealings: Jimmy Choo CEO takes some profits
Jimmy Choo chief executive Pierre Denis sold £400,000 worth of shares in the shoe maker a few days after interim results sent the shares strutting to their highest level since late April.
Hydrodec becomes first re-refining oil producer to receive carbon credits
Hydrodec, a specialist re-refiner of industrial oils, has received approval from the American Carbon Registry (ACR) to receive carbon credits for its oil.
US open: Stocks fall as ECB disappoints
US stocks fell on Thursday as the European Central Bank disappointed the market by saying it hadn’t discussed further quantitative easing at this month’s policy meeting.
Thomas Cook launches China joint venture with Fosun
Thomas Cook has launched a joint venture with Chinese investor Fosun called Thomas Cook China, which will target "affluent, adventurous, quality-oriented” customers as the pair look to grab a high-margin share of China's fast-expanding holiday market.
Results round-up
FTSE 250 animal genetics company Genus posted an increase in pre-tax profit for the year to the end of June despite a small drop in revenue.
Hummingbird Resources extends Taurus bridge facility again
Hummingbird Resources announced a three month extension of its $15m bridge facility with Taurus Mining Finance Fund LP, to 8 December 2016.
Hunters Property earnings surge in first half
National sales and lettings estate agency and franchise businesses Hunters Property announces its interim results for the six months to 30 June on Thursday, with network Income up 42% to £16. 9m.
Mattioli Woods' full year revenue rises due to five acquisitions
Wealth management and employee benefit provider Mattioli Woods’ full year revenue rose due to several acquisitions, although it experienced a slowdown in investment activity since the Brexit vote.
Frontier Developments posts drop in full-year earnings
Video game developer Frontier Developments published its full year results to 31 May on Thursday, with revenue reducing to £21. 4m from £22. 8m.
Midwich announces two acquisitions
Audio visual and documents solutions distributor Midwich announced the acquisition of UK-based Holdan for up to £7. 9m and New Zealand’s Wired for an undisclosed sum.
Argo Group swings to profit in first half
Argo Group announced its interim results for the six months to 30 June on Thursday, with revenues of $4m, up from $3. 1m a year ago.
EnQuest reports 'robust' first half despite low oil price
EnQuest posted its results for the six months to 30 June on Thursday, with strong production growth of 43% year-on-year to 42,520 barrels of oil equivalent per day.
FTSE 250 movers: Sophos, Thomas Cook and Auto Trader lead gains
The FTSE 250 was pretty much flat late into Thursday's session, with security software group Sohpos leading the way thanks to read-across from elsewhere .
Thursday newspaper share tips: Barratt Developments, Forterra
Concerns regarding Barratt Development's strategy and exposure to the high-end of the London market are overdone, The Times's Tempus said.
FTSE 100 movers: Micro Focus surges on HP deal; Pearson slumps
London’s FTSE 100 was down 0. 2% to 6,830. 67 in afternoon trade.