Wall Street stocks displayed a mixed performance on Thursday, following a day of robust gains in the previous session.
London markets ended in negative territory on Thursday, reversing a three-day winning streak.
Bank of America Merrill Lynch reiterated its 'buy' rating on Babcock International on Thursday while trimming its price target on the stock.
European investors adopted a cautious approach on Thursday after three straight days of gains, as mixed corporate earnings and heavy falls from luxury and oil stocks weighed on markets.
FD Technologies revealed on Thursday that chief executive Seamus Keating had acquired 10,500 ordinary shares in the AIM-listed software firm.
Technology giant Samsung Electronics confirmed a data breach on Thursday that led to the unlawful acquisition of the personal contact information of some of its UK customers.
Stocks gave back some ground on Thursday, partly due to many names going ex-dividend, but the downdraft in shares of Burberry highlighted the difficult trading conditions faced by some companies operating in China and the U. S. , the world's two largest economies.
London’s FTSE 250 was down 1. 5% at 18,393. 54 in afternoon trade on Thursday.
Wall Street stocks were in the red early on Thursday after recording solid gains in the previous session.
Bank of America Merrill Lynch reiterated its ‘buy’ rating on Babcock International on Thursday while trimming its price target.
Industrial production in the US declined more than expected in October, according to data out Thursday from the Federal Reserve, as auto factory strikes weighed on output.
The regulator has called on online platform Wowcher to change its selling practices or face court action.
Manufacturing activity in the Philadelphia region contracted again in November but by less than expected, according to the Philly Federal Reserve.
London’s FTSE 100 was down 0. 8% at 7,426. 93 in afternoon trade on Thursday.
Gunsynd announced a significant step in its conditional farm-in agreement with Metals One on Thursday, which was first announced on 21 June 2022.
Cell engineering company MaxCyte announced its membership in the Alliance for mRNA Medicines (AMM) as a founding member on Thursday.
Healthcare software specialist Craneware reported sustained positive financial and operational performance in the new financial year on Thursday.
Digital and information management specialist Restore described resilient trading in an update on Thursday, with growth in various segments of its operations.
Americans filed unemployment claims at an accelerated clip in the week ended 11 November, hitting their highest level in almost three months.
Shares in Walmart were in the red on Thursday after the big-box retail giant provided a less optimistic outlook for 2023 than market consensus despite exceeding profit and sales expectations in the third quarter.
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