Market Pulse
Deltex Medical celebrates US growth, though UK sales shrink
Oesophageal Doppler monitoring company Deltex Medical Group announced its results for the six months to 30 June on Thursday, with US probe revenues up 39% at £0. 8m, making them greater than the UK for the first time.
Airbnb not ready to go public as it focuses on growth
Airbnb has said it is remaining a privately held company for now as it focuses on growth and deals with legal and regulatory challenges.
Airea's shares soar as profit increases
Shares in Airea soared by nearly 40% on Thursday as the designer flooring company reported a significant increase in profits and dividend thanks to growing UK contract sales.
PHSC reports loss in trading update
Ahead of its shareholder meeting on Thursday, PHSC reported that it expects to see an improvement following a mixed first quarter for its subsidiaries.
Ford's sales with China partners increase 22%
US carmaker Ford saw a significant increase in its sales in China in August compared with the same period last year, with a 22% rise reported by the company and its local partners.
Icap and Tullett Prebon win CMA clearance for voice deal
Icap has received clearance from the UK competition regulator to sell on its London-based oil broking business, meaning its larger voice broking sale to Tullett Prebon can go ahead.
Charles Stanley sells Luke Street lease for £5.6m
Investment management company Charles Stanley has sold its long lease in Shoreditch for £5. 6m as part of an office consolidation.
Marlowe acquires H2O chemicals
Marlowe, the support services group focused on acquiring and developing companies that provide critical asset maintenance services, announced on Thursday that it has acquired H2O chemicals for £2. 8m.
Rotork boosted by RBC upgrade
FTSE 250 engineer Rotork got a boost on Thursday as RBC Capital Markets upgraded its stance on the stock to ‘sector perform’ from ‘underperform’ and lifted the price target to 200p from 165p.
Harvest Minerals receives environmental licence at Maximus
Harvest Minerals announced on Thursday that it has received the environmental licence for the Maximus project at its Arapuá Phosphate Project in Brazil.
London midday: Micro Focus merger news lifts investor sentiment
London stocks jumped on Thursday, led by an increase in Micro Focus shares after news it agreed a $8. 8bn merger with Hewlett Packard’s software business.
Europe midday: Stocks waver ahead of ECB rate announcement
European stocks wavered as investors looked to the European Central Bank’s rate announcement, amid expectations monetary policy will be kept steady.
Monitise reports on tough turnaround year
Financial services digital technology company Monitise announced its preliminary results for the financial year to 30 June on Thursday, which it said confirmed a “substantial improvement” in operating figures in the second half.
Micro Focus agrees $8.8bn merger with Hewlett Packard software arm
Micro Focus International has agreed an $8. 8bn deal to merge with US giant Hewlett Packard Enterprise's software business, including a $400m return of value to the FTSE 100 company's shareholders.
Motif Bio renegotiates convertible note terms
Clinical stage biopharmaceutical company specialising in developing novel antibiotics, Motif Bio, announced an update on Thursday to REVIVE-1, one of its two Phase 3 clinical trials currently enrolling patients with Acute Bacterial Skin and Skin Structure Infections (ABSSSI).
US pre-open: Stocks seen smidgen higher ahead of ECB, jobless claims
US futures pointed to a marginally higher open on Wall Street as investors eyed the latest rate announcement from the European Central Bank and key jobs data.
Post Office staff to strike over cuts next week
Post Office workers will go on strike next Thursday in a dispute over cuts to jobs, services and pensions.
Metminco posts scoping stufy results for Miraflores
Metminco announced results for scoping level work completed by SRK Consulting on Thursday, on an underground-only mining study at the Miraflores Project in Colombia, which the company has a 100% interest in.
UK housing market bouncing back post Brexit, RICS suggests
Confidence in the UK housing market has recovered moderately from its post-Brexit wobbles, surveyors reported on Thursday, but numbers of both buyers and sellers remained in negative territory.
Medaphor launches new ultrasound simulator
Medaphor Group, provider of advanced ultrasound education solutions, released a new ultrasound skills examination simulator called ScanExaminer on Thursday.