Wall Street stocks closed higher on Thursday as market participants continued to thumb over earnings from some of the nation's biggest companies.
Russian steelmaker Evraz has denied speculation it is or has been supplying products to the Russian military which may have been used for military purposes.
All eyes at the end of the week will be on the release of a raft of global Purchasing Managers' Indices in the UK, US and euro area covering factory and services sector activity in the month of July.
Stocks finished on a mixed note on Thursday, but off their lows of the session in all cases, as the European Central Bank's surprise 50 basis point rate hike and new policy tools offset news of Italian Prime Minister Mario Draghi's resignation.
Mitchells&Butlers posted slower like-for-like sales growth for the third quarter amid higher costs.
London stocks managed a positive finish on Thursday, as investors digested the European Central Bank’s first rate hike in 11 years, waded through an avalanche of corporate updates, and mulled the latest UK borrowing figures.
The Takeover Panel has granted FirstGroup an extension of the deadline for I Squared to declare its firm intent to table a takeover bid or walk away.
Discount bookseller and stationery retailer TheWorks was at the top of the list of director buys on Thursday, after its chair spent almost £30k.
Mining explorer and developer Greatland Gold updated the market on exploration and development at the Havieron gold-copper project in the Paterson region of Western Australia on Thursday.
Foreign exchange risk management and accounts provider Alpha FX Group said in a trading update on Thursday that its first-half revenue was ahead 35% to £46m, including £1m of re-charged interest.
Kettle safety and water filtration technology company Strix Group said in an update on Thursday that, despite “significant and well-publicised” macroeconomic headwinds, current profit after tax consensus for the full-year remained “broadly in line” with expectations.
The European Central Bank announced its biggest rate hike in more than 20 years on Thursday as it looks to tackle inflation, which hit a record 8. 6% in June.
Youth-focussed multi-channel digital publisher LBG Media said in a trading update on Thursday that it expected first-half revenue to have risen 8% year-on-year to £24. 8m.
Citi initiated coverage of Haleon - GlaxoSmithKline’s consumer health spinoff - on Thursday with a ‘buy’ rating and 360p price target.
Analysts at Berenberg lowered their target price on postal service operator Royal Mail from 575. 0p to 480. 0p on Thursday but reiterated their 'buy' rating on the stock.
Wall Street stocks were in the red early on Thursday as market participants continued to thumb over earnings from some of the nation's biggest companies.
Indonesian palm oil producer MP Evans reported crude palm oil production of 160,800 tonnes in its first half on Thursday, down slightly from 161,400 a year ago.
Clinical-stage biopharmaceutical company Avacta Group announced on Thursday that AffyXell, its joint venture with Daewoong Pharmaceuticals, has completed a funding round to advance its lead mesenchymal stem cell (MSC) programme towards the clinic, and to develop its wider preclinical pipeline of cell therapies.
HSBC has unloaded its Russian business shortly before Moscow announced that it would move to block foreign lenders divesting their operations in the country.
Las acciones europeas cotizan con signo mixto a la espera de la decisión del BCE -- Market Talk
1149 GMT - Los mercados europeos cotizan con signo mixto a la espera de la decisión del Banco Central Europeo (BCE) sobre los tipos de interés, ya que las tensiones políticas italianas compensan la menor incertidumbre sobre el suministro de energía. El Stoxx Europe 600 se mantiene plano, el CAC 40 gana un 0,1% y el FTSE 100 y el DAX caen un 0,5% y un 0,6%, respectivamente. El crudo Brent retrocede un 4% hasta los 102,43 dólares el barril. Rusia ha reanudado el bombeo de gas a Europa a través del gasoducto Nord Stream, aunque a un nivel reducido, según las últimas informaciones.
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