Market Report
Eurozone manufacturing and services PMIs fly higher in November
A new six-year year high for eurozone manufacturing and services sentiment pushed the single currency higher on Thursday morning, as the strengthening 'Euroboom' put the UK's low growth firmly in the shade.
Ideagen secures contract win worth $1.6m
AIM-listed Ideagen has secured a contract from a "global leader" in the petrochemical industry worth an initial $1. 6m.
Telit issues another profit warning amid major board changes
Telit Communications issued another profit warning on Thursday, reporting that pressure on gross profit margins stemming from the transition from 2G and CDMA products toward LTE products had been greater than expected.
Centrica warns annual profit will miss expectations
Centrica shares plunged to an 18-year low after the energy supplier warned annual profit would miss market expectations due to poor performance at its business energy supply division.
Blur Group making 'steady progress' as profit and revenue rise
AIM-listed Blur Group said on Thursday that it is making 'steady progress', with gross profit and revenue in the third quarter ahead of the first half.
Gem Diamonds recovers high quality 202 carat diamond from Letseng
Gem Diamonds has recovered a high quality 202 carat, D colour type IIa diamond from its Letseng mine in Lesotho.
Cineworld takings rise as chain opens more cinemas
Cineworld has reported box office and retail takings up this year after the chain opened and refurbished more cinemas.
Many on FOMC believe low inflation may also reflect persistent factors, minutes show
Central bankers in the States are pretty much set on raising their benchmark interest rate again when they meet again on 12-13 December, but the pace at which they will continue to do so in 2018 is less clear, the minutes of their policy meeting have revealed.
Millennial money worries push consumer confidence to two-year low
Financial worries among 'millennials' has pushed UK consumer confidence to a two-and-a-half-year low, according to new research.
Caledonia Investments makes decent progress despite market struggles
Caledonia Investments reported a 2. 7% decline in net assets in its first half on Thursday, to £1. 85bn, with net asset value per share also down, dipping 2. 9% to 3,298p.
Unite secures new £500m debt facility
Unite Group has secured a new £500m unsecured debt facility from HSBC and RBS that provides additional financial headroom for its development pipeline and greater financial flexibility.
Rotork order growth accelerates in third quarter
Growth in customer orders sped up at Rotork in the third quarter as the industrial valves specialist benefited from continued improvement in upstream and downstream oil and gas markets.
Grainger forward-funds £28m development in Birmingham
Listed residential landlord Grainger has exchanged contracts with Blackswan Property to forward-fund and acquire a private rented sector build-to-rent development in Birmingham, it announced on Thursday.
GlaxoSmithKline and Innoviva seek to broaden Trelegy Ellipta indication
GlaxoSmithKline, along with its partner Innoviva, announced the filing of a supplemental New Drug Application (sNDA) with the US Food and Drug Administration on Thursday, for the use of Trelegy Ellipta (fluticasone furoate/umeclidinium/vilanterol).
London open: Stocks fall ahead of GDP data; Centrica tanks on profit warning
London stocks fell in early trade on Thursday as investors eyed the latest reading on third-quarter UK GDP, with British Gas owner Centrica down sharply after a profit warning.
Bonds: Gilts underperform amid Brexit talks optimism, Budget
These were the yields on some of the most widely-followed 10-year sovereign bond yields: US: 2. 32% (-4bp)UK: 1. 28% (+1bp)Germany: 0. 35% (+0bp)France: 0. 67% (-1bp)Spain: 1. 45% (-3bp) Italy: 1. 77% (-1bp)Portugal: 1. 91% (-1bp)Greece: 5. 37% (+3bp)Japan: 0. 03% (-0bp) .
Severn Trent ups incentives guidance after 'great' first half
Severn Trent lifted its forecast for regulatory incentives after a strong first half of the year, where a solid increase in sales and good growth in underlying earnings prompted the water and waste supplier to hike the dividend 6. 2%.
Paragon Banking profit up amid growth across business lines
Paragon Banking Group posted a rise in full-year profit on Thursday thanks to a solid performance across its business lines.
London pre-open: Stocks to edge lower ahead of GDP
London stocks were set to edge lower at the open on Thursday as investors eyed the latest UK GDP figures.