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UK retail footfall improves but outlook is uncertain - BRC
Visits to UK retailers picked up in March as Covid-19 restrictions were lifted and signs of spring appeared but squeezed incomes cast a cloud over the sector, an industry survey showed.
Europe close: Stocks slip amid hawkish comments out of Fed and ECB
European shares surrendered early gains following hawkish comments from the US Federal Reserve overnight and out of the European Central Bank come Thursday.
London close: Ex-dividend stocks keep FTSE below the line
London stocks closed in negative territory on Thursday, as investors mulled tighter-than-expected jobs data from across the pond, and more strong growth for house prices in the UK.
Friday preview: Russia-Ukraine war in focus
The market spotlight at the end of the week will be on the war in Ukraine given the sparse economic calendar.
JP Morgan ups AstraZeneca target price on potential for oncology pipeline
Analysts at JP Morgan hiker their target price for shares of AstraZeneca and pointed to the potential for "significant" future upward revisions to analysts' estimates for the profitability of the company's oncology pipeline.
Director dealings: Capricorn CEO nets £1m from tender offer, Brand Architekts chair invests
Cosmetics company Brand Architekts disclosed a purchase worth over £0. 23m on Thursday, made by its non-executive chairman.
CMA could approve CD&R Morrisons takeover after undertakings
The Competition and Markets Authority said on Thursday that it could approve the takeover of Morrisons by Clayton, Dubilier & Rice after the US private equity firm offered to divest some of its petrol stations to address competition concerns.
Prospex gets Italian approval for Selva Gas Field purchase
European energy investor Prospex announced on Thursday that it has received approval from the Italian Ministry of Ecological Transition for the change of control of 100% of UOG Italia from United Oil and Gas to Prospex.
Broker tips: Hurricane Energy, TI Fluid Systems, Polymetal
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Enteq set to beat full-year revenue expectations
Energy service technology company Enteq said in a trading update on Thursday that a market recovery had resulted in revenues above expectations for the financial year just ended, and adjusted EBITDA in-line.
Crimson Tide breaks even after investing in platform
Field service software provider Crimson Tide reported a £0. 6m increase in revenue in its preliminary results on Thursday, to £4. 1m.
FTSE 250 movers: 888 surges; TI Fluid Systems hit by downgrade
London’s FTSE 250 was down 0. 1% at 21,080. 83 in afternoon trade on Thursday.
US open: Stocks head south following FOMC minutes
Wall Street stocks were in the red early on Thursday as investors continued to mull over the central bank's plans to tighten monetary policy.
Tesco gives below-inflation wage rise to shop workers
Tesco announced a 55p-per-hour pay rise for its supermarket staff on Thursday, bringing the UK’s largest private employer into line with its discounter competitors in terms of pay.
FTSE 100 movers: Aviva goes ex-div; BT gains
London’s FTSE 100 was down 0. 5% at 7,549. 84 in afternoon trade on Thursday.
McColl's Retail unaware of reason for share price surge
McColl's Retail said on Thursday that it does not know of any reason for the more than 50% surge in its share price.
BT facing strike action as union rejects pay rise
BT is facing possible strike action after its new pay offer for UK workers was rejected by the Communication Workers Union.
US pre-open: Futures in the green following FOMC minutes
Wall Street futures were pointing to a mostly positive open ahead of the bell on Thursday as market participants continued to mull over the central bank's plans to tighten monetary policy.
Canaccord Genuity upgrades Hurricane to 'hold'
Analysts at Canaccord Genuity upgraded exploration and production firm Hurricane Energy from 'sell' to 'hold' on Thursday, stating the group appeared to be "pivoting to better times".
Rolls-Royce Power Systems boss Schell to step down
Rolls-Royce said on Thursday that Andreas Schell has decided to step down from his role as president of the Power Systems business to take up the post of CEO at German energy company Energie Baden-Württemberg.
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