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IP Group launches share buyback as interim profits surge
Intellectual property-based business developer IP Group said on Thursday that it will launch a £20. 0m share buyback after witnessing a rise in interim profits.
New car registrations fall in July amid supply shortages and 'pingdemic'
New car registrations fell 29. 5% across the UK in July as supply shortages weighed on the automotive sector's recovery.
Canaccord downgrades Team17 to 'hold' as stock approaches target price
Analysts at Canaccord Genuity lowered their rating on video games developer Team17 from 'buy' to 'hold' on Thursday, stating the group's share price was now approaching its target.
Asia report: Stocks mixed as China video games sector slides
Equities closed in a mixed state in Asia on Thursday, as the Chinese video games sector continued to slide in Hong Kong amid fresh regulatory fears.
London close: Stocks mixed as Bank of England keeps policy steady
London stocks closed in a mixed state on Thursday, after an afternoon that saw investors poring over the latest policy announcement from the Bank of England.
UK retail footfall flatlines in July, BRC says
Visits to UK stores flatlined at a level far below prepandemic trends in July as Covid-19 restrictions were lifted, industry figures show.
Friday preview: US non-farm payrolls, LSE Group in focus
Financial markets' focus at the end of the week will be squarely on the US non-farm payrolls report for August.
Mondi trading remains positive in first half
Paper and packaging company Mondi reported higher sales volumes and higher average selling prices in its first half on Thursday, with underlying EBITDA of €709m (£604. 38m), down from €738m year-on-year, and a margin of 19. 5%.
Europe close: Stocks add to recent gains ahead of US jobs report
European shares nudged record highs on Thursday, continuing their rally on strong earnings news and as investors waited on the monthly US jobs report due out the next day.
Broker tips: Team17, NatWest, XP Power
Analysts at Canaccord Genuity lowered their rating on video games developer Team17 from 'buy' to 'hold' on Thursday, stating the group's share price was now approaching its target.
Director dealings: Games Workshop CEO raises stake
Games Workshop revealed on Thursday that chief executive Kevin Rountree had acquired 1,370 ordinary shares in the FTSE 250-listed miniatures manufacturer.
Revenue falls, losses widen for Versarien
Advanced engineering materials company Versarien reported group revenues of £6. 6m in its preliminary results on Thursday, down from £8. 3m year-on-year.
Power Metal makes solid drilling progress at Silver Peak
Exploration company Power Metal Resources updated the market on the ongoing 2021 first phase diamond drilling exploration programme on the Silver Peak Project in the Canadian province of British Columbia on Thursday.
Berenberg raises target price on 'top pick' XP Power
Analysts at Berenberg hiked their target price on power supply manufacturer XP Power from 5,945. 0p to 6,050. 0p on Thursday following the group's "very strong" interim results earlier in the week.
US open: Stocks trade higher following jobless claims numbers
Wall Street stocks were in the green early on Thursday as traders thumbed over this week's jobless claims report from the Labor Department.
Camellia exits aerospace, sells Abbey Metal and Atfin
Camellia announced on Thursday that, in line with its previously-stated strategy involving a review of its non-core investments, it was selling its interests in Abbey Metal Finishing Company and its subsidiary Atfin in Germany to a newly-incorporated company, and Aerotech, respectively.
BHP approves new capital expenditure in Gulf of Mexico
BHP has approved $544m (£391. 02m) in capital expenditure to execute the Shenzi North oil project in the US Gulf of Mexico, it announced on Thursday.
FTSE 250 movers: Savills in the black; CMC Markets goes ex-div
London’s FTSE 250 was up 0. 5% at 23,468. 27 in afternoon trade on Thursday.
DMGT to sell insurance risk business to Moody's for £1.4bn
Daily Mail publisher DMGT has agreed to sell its insurance risk business, RMS, to US credit ratings firm Moody's, for around £1. 4bn in cash.
FTSE 100 movers: Miners in the red; Rolls-Royce rallies
London’s FTSE 100 was down 0. 2% at 7,111. 13 in afternoon trade on Thursday.
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