Barratt Developments continues to deliver for investors and has made an encouraging start to the year, Canaccord Genuity said as the broker increased its target price for the housebuilder's shares.
London stocks remained off their earlier highs, but were still in the green at the close on Thursday, with sentiment underpinned by China’s plans to cut tariffs on $75bn of US goods.
Stocks on the continent were higher at the end of the day on Thursday, as investors looked to Friday's monthly US jobs report and digested what one analyst in the City termed an "unequivocally grim" report on German factory orders.
Polar Capital Global Financials Trust updated the market on the future of the company on Thursday, after its chairman and corporate broker Investec Bank conducted meetings with major shareholders.
The market spotlight at the end of the week will be firmly on the latest monthly US jobs data, which may help to put a floor under growth forecasts for 2020.
OilCo Investments, a vehicle "closely associated" to one of the founding partners of Energean Oil & Gas, Efstathios Topouzoglou, picked up a big batch of shares in the oil and exploration outfit.
Specialist drug discovery and development company ImmuPharma updated the market on its activities with Avion Pharmaceuticals on Thursday, following the licence and development agreement it signed with Avion in November for the exclusive rights to ‘Lupuzor’ in North America.
London’s FTSE 250 was up 0. 3% at 21,576. 49 in afternoon trade on Thursday.
Stocks on Wall Street traded slightly higher after China announced that it would lower tariffs on some US exports and amid optimism ahead of the monthly non-farm payrolls data due out the next day.
London’s FTSE 100 was up 0. 3% at 7,501. 27 in afternoon trade on Thursday.
Tesco's stores in Thailand and Malaysia have attracted offers from three Thai conglomerates in the first round of bidding on a deal expected to be worth as much as $10bn (£7. 7bn), the Financial Times reported.
Forescout Technologies has agreed to be bought by Advent International for $1. 9bn (£1. 5bn) in cash in the private equity firm's latest purchase on its buying spree.
Liberum reiterated a 'sell' recommendation on shares of Royal Mail on the back of the downbeat guidance provided by the company and the risk of strike action.
Analysts at Deutsche Bank stood by their 'hold' recommendation and 1,650. 0p target price for shares of GlaxoSmithKline following the drug giant's fourth quarter numbers.
The productivity of US workers picked up at the tail-end of last year as expected, but labour costs still grew more quickly than anticipated.
On the Beach said its sales rose strongly as the online holiday retailer sought to capitalise on the collapse of Thomas Cook.
The number of Americans filing for unemployment benefits fell last week to its lowest level since last April, according to data from the Labor Department.
The Amazon’s Choice endorsement system is reportedly flawed and recommending poor quality products that have fake reviews, putting customers at risk of being misled.
CMC Markets: Peel Hunt downgrades to add with a target price of 180p.
Stocks on the Continent were modestly higher on Thursday as investors looked out to Friday's monthly US jobs report and digested what one analyst in the City termed an "unequivocally grim" report on German factory orders.
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