Market Pulse
Sainsbury's cost cutting lifts profit as sales still stodgy
Slow sales growth and rapid cost cutting helped Sainsbury's lift profits higher than expected in the first half of its financial year.
OneSavings Bank lifts loan book growth guidance again
OneSavings Bank lifted its loan growth guidance on Thursday as it reported a "strong" performance for the third quarter.
Grainger teams up with Lewisham Council on New Cross development
Residential property group Grainger has inked a partnership with Lewisham Council to deliver as many as 300 new purpose-built private rental properties in New Cross Gate, London.
Howden Joinery reiterates guidance following solid quarter
Kitchens outfitter Howden Joinery reiterated its full-year expectations on Thursday as it turned in a solid trading performance from the second quarter of its financial year, including the all-important October-November period.
London open: Stocks rise on strong US cues; Fed announcement eyed
London stocks rose in early trade on Thursday, taking their cue from strong gains on Wall Street as investors prepared for the latest policy announcement from the Federal Reserve.
BAE Systems reiterates 2018 guidance
Defence company BAE Systems reiterated its 2018 guidance on Thursday, saying underlying earnings per share should be in line with the previous year, with some small benefit from exchange translation.
Burberry backs guidance, hails 'exceptional' response to Tisci collection
Luxury fashion brand Burberry said on Thursday that the response to new creative head Riccardo Tisci's 'Kingdom' collection has been "exceptional" as it posted a rise in interim like-for-like sales.
AstraZeneca returns to product sales growth
AstraZeneca's product sales returned to growth in the third quarter as new cancer drugs especially began to make a noticeable impact on the top line, though poorer profits persisted.
UK house prices drop to lowest level in six years - RICS
UK house prices fell to their lowest level in six years in October, according to a survey released on Thursday.
London pre-open: Stocks to rise on strong US cues; Fed in focus
London stocks were set for a positive start on Thursday after a solid session on Wall Street, which saw the Dow rally more than 500 points as investors welcomed the outcome of the mid-term elections.
Thursday newspaper round-up: RICS, MoD, Toshiba, News Corp
The UK property market is at its weakest for six years, with prices flat or falling across half the country according to Britain’s official surveyors body, with reports that sales are “in limbo” until a Brexit deal emerges. The Royal Institution of Chartered Surveyors (Rics) said its monthly survey of members found “the weakest reading since September 2012” in October, with prices falling in London, the south-east, south-west and East Anglia. – Guardian.