Latest News
Castleton Technology buys Deeplake Digital for £1.8m
Software and manged services provider Castleton Technology has agreed to buy Deeplake Digital for £1. 8m in cash.
Macy's shares pummelled as retailer cuts guidance just two months after upgrading it
US retailer Macy’s shocked investors on Thursday morning as it cut full-year sales and earnings forecasts just two months after having upgraded them.
Robert Walters enjoys record Q4 as Asia Pacific, Europe perform well
Recruiter Robert Walters said on Thursday that it enjoyed a record fourth quarter thanks to a strong performance in Asia Pacific and Europe, which now account for 66% of global net fee income.
US open: Stocks edge lower at the bell on weak Chinese inflation data
Wall Street trading kicked off with losses at the open on Thursday as concerns about the ongoing government shutdown increased and following weaker-than-forecast Chinese inflation data.
FTSE 100 movers: Fresnillo shines but Burberry dented by downgrade
London's FTSE 100 was up 0. 1% at 6,916. 41 in afternoon trade on Thursday, reversing earlier losses.
Scisys wins €2.8m European Space Agency contract
Scisys Group’s German business on Thursday won a contract with the European Space Agency for monitoring and control (M&C) system tailoring services for the European Space Agency Tracking Network (EStrack).
Thursday broker round-up
Burberry: Berenberg downgrades to hold with a target price of 1,920p.
Positive results from FLU-v study welcomed by hVIVO
Clinical development services company hVIVO announced positive results for the primary endpoint, following completion of analysis of samples by NIAID, and additional results from the Phase IIb viral challenge study of FLU-v.
Fed's Barkin sees 'somewhat slower' growth, argues against 'short-termism'
A top US central bank official forecast slower growth in 2019 versus the prior year in a speech delivered on Thursday, underlining some of the caution evident in recent policy remarks from his peers.
US initial jobless claims drop more than expected
The number of Americans filing for unemployment benefits dropped more than expected last week, according to data from the Labor Department.
Liberum upgrades Cranswick following recent price drop
Analysts at Liberum upgraded UK food producer Cranswick to 'buy' on Thursday after the group's recent 20% drop had brought its shares back below its five-year price/earnings ratio for the first time in two years.
Belvoir Lettings exceeds Assisted Acquisitions target for 2018
Belvoir Lettings exceeded its 2018 target for ‘Assisted Acquisitions’ by its franchisees, it announced on Thursday, which it said was a core part of its growth strategy.
Berenberg downgrades Burberry as luxury sector too pricey
Growth prospects for Burberry and other luxury stocks face "undoubtedly more downside than upside risk", warned Berenberg as it downgraded its stance on the sector.
Continuing revenue improves comfortably for McBride
Household, cleaning and hygiene products contract manufacturer McBride updated the market on its trading for the six months ended 31 December on Thursday, reporting that its first half continuing revenues at constant currency were 10. 8% higher than the prior year.
Mitchells & Butlers customers go down the pub at Christmas
Pub operator Mitchells & Butlers reported a strong Christmas as it welcomed record levels of festive feasting from customers looking to escape their own kitchens or in-laws.
Asia report: Markets mostly lower as China data disappoints
Markets in Asia were mostly in the red as they closed on Thursday, after Chinese inflation data disappointed analysts, and investors reacted to the end of three days of trade negotiations between Beijing and Washington.
Europe midday: Stocks trim early losses, central banks in focus
Stocks in Europe are little changed for the most part, paring early losses on the back of a 'dovish' set of European Central Bank meeting minutes.
DFS posts sales growth but cautious about outlook
Furniture retailer DFS posted strong growth in underlying sales for the five months to 30 December on Thursday but said it was mindful of near-term political and economic uncertainty, as it announced the departure of chief financial officer Nicola Bancroft.
Corbyn urges general election to break Brexit 'deadlock'
Labour leader Jeremy Corbyn ramped up calls on Thursday for a general election to "break the deadlock" over Brexit.
China December CPI and factory gate prices undershoot forecasts
The cost of living in the People's Republic of China fell more quickly than anticipated last month as energy prices fell back, alongside a more broad-based drop in factory gate inflation which analysts said was "consistent" with other evidence of softer demand.