Most markets in Asia finished higher on Thursday, as investors reacted to the swearing-in of Joe Biden as president of the United States, as the Bank of Japan held monetary policy steady.
Analysts at Canaccord Genuity slightly lowered their target price on Cairn Energy from 220. 0p to 210. 0p on Thursday, citing challenges resulting from "a greater imperative for a transaction" in a higher oil price environment.
Clipper Logistics has entered into an agreement with luxury fashion platform Farfetch to provide pan-European e-fulfilment and returns management services from a new facility in Venray, Netherlands.
Interior design and furnishings group Sanderson Design said on Thursday that brand product sales in December had been stronger than initially expected.
Video game and entertainment creative and development service provider Sumo Group said on Thursday that its revenue and adjusted EBITDA for 2020 were expected to be ahead of consensus market expectations, with adjusted EBITDA for the year of at least £16m.
Deutsche Bank upgraded its stance on equipment rental firm Ashtead to ‘buy’ from ‘hold’ on Thursday and hiked the price target to 4,100p from 3,000p, based on "growth opportunity and lower cyclicality", as it said the Specialty business is a game changer.
Video game label, creative partner and developer Team17 said on Thursday that its performance in 2020 was ahead of its expectations, with year-on-year revenue and adjusted EBITDA growth of around 34% and 36%, respectively.
Castings and engineering group Chamberlin said on Thursday that it has now received revised orders from a client that had previously indicated its intention to part ways with the company.
Healthcare software and systems company EMIS Group said on Thursday that, following an improvement in the second half, trading for 2020 was “marginally ahead” of its expectations, with both revenue and adjusted operating profit maintained at similar levels to the prior year.
Serica Energy has received a renewed licence and secondary sanctions assurance from the US Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field, it announced on Thursday, in which it has a 50% interest.
Marketing software provider Dotdigital said on Thursday that its organic revenue from continuing operations rose by 22% in its first half, to £28. 2m.
X-ray imaging specialist Image Scan said on Thursday that it has been awarded a contract to supply three portable scanning systems to the Royal Air Force.
European stocks started Thursday with a spring in their step after the inauguration of new US President Joe Biden with investors now looking for an increased package of stimulus measures to boost the battered economy.
London stocks edged higher in early trade on Thursday, underpinned by stimulus hopes as investors welcomed the start of Joe Biden’s US presidency.
Plastic and paperboard packaging manufacturer Robinson said on Thursday that full-year revenues and earnings were projected to have grown year-on-year in 2020.
Direct-to-consumer bed company Eve Sleep said its revenue improved 6% in 2020 to £25. 2m, driven by 18% growth in the second half.
Property developer Countryside Properties said on Thursday that its first-quarter performance was in line with expectations, with total completions and average sale prices both growing during the period.
Ibstock said on Thursday that it saw a continuation of improving market trends during the fourth quarter of 2020, with “encouraging” activity levels seen across its key end-market segments.
Investment platform AJ Bell reported a rise in first-quarter assets under administration and net inflows on Thursday as its customer numbers grew.
Tate & Lyle has appointed Vivid Sehgal as its chief financial officer with effect from 1 May.
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