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US open: Dow opens 200 points higher, traders eye macro data
Wall Street stocks were in the green early on Thursday as major indices look set to reclaim yesterday's losses.
FTSE 250 movers: Offer for Hipgnosis strikes the right note; Centamin slides
FTSE 250 (MCX) 19,360. 83 0. 11% .
FTSE 100 movers: Airline stocks take off; Rentokil disappoints
FTSE 100 (UKX) 7,863. 24 0. 19%.
Tesla lays off 285 workers in Buffalo as job cuts continue
Electric carmaker Tesla is to lay off 14% of its staff across two plants in New York, the company said in a regulatory filing on Thursday, following large-scale job cuts announced earlier in the week.
Blackstone first-quarter earnings narrowly beat forecasts
Blackstone, the world’s largest private equity firm, reported marginally better than expected first-quarter earnings on Thursday.
Philly Fed index jumps unexpectedly in April, price pressures pick up
Manufacturing sector conditions in the U. S. mid-Atlantic region improved unexpectedly in April, the results of a closely-followed survey revealed.
Hipgnosis shares surge on $1.4bn Concord Chorus offer
Shares in troubled Hipgnosis Songs Fund rocketed by a third on Thursday after the music rights investor said it had agreed a $1. 4bn takeover by US-based Concord Chorus, a music and theatrical rights firm, in attempt to end months of infighting over the company's leadership and secure its future.
Weekly US jobless claims steady
The U. S. jobs market appeared to remain tight during the latest reference week.
US pre-open: Wall Street futures point to modest gains
Wall Street futures were pointing to modest gains ahead of the bell on Thursday as major indices look set to try and reclaim some of yesterday's losses.
Norway wealth fund backs NatWest plan to buy back more govt stock
Norway's sovereign wealth fund said it would vote in favour of a proposal letting UK bank NatWest buy back more of its stock from the British government.
Volex FY results seen ahead of market expectations
Critical power and data transmission products manufacturer Volex said on Thursday that its full-year performance was seen ahead of market expectations as "strong organic growth" was driven by its " attractive positions" in diversified end markets.
TSMC forecasts jump in second-quarter sales
Taiwan Semiconductor Manufacturing Co said on Thursday it expects sales to jump in the second quarter on strong demand.
London midday: Stocks rise as oil prices continue to drop
UK stocks were rising on Thursday but had given up some of their earlier gains by lunchtime with investor risk appetite still shaken by a sell-off earlier in the week, though falling oil prices were helping bolster markets for the time being.
Europe midday: Shares hold gains on upbeat EZ construction data
European shares were steady on Thursday as investors shrugged off another weak session in the US overnight, with a jump in eurozone construction helping drive late morning sentiment.
Keystone Law Group expects to meet full-year expectations
Keystone Law Group posted higher full-year revenues and profit, and said it expected to meet market expectations for the year ahead.
Deliveroo still a 'sell' despite solid Q1, says Shore Capital
Food delivery platform Deliveroo impressed the market with forecast-beating first-quarter numbers on Thursday, but they weren't enough for Shore Capital to change its 'sell' rating on the stock.
Eurozone construction jumps in February
Eurozone construction sparked in February, official data showed on Thursday, up notably on the previous month.
Lendinvest makes 'good progress' against strategic objectives in H2
Mortgage platform operator Lendinvest said on Thursday that it made "good progress" against its strategic objectives in the second half of the trading year.
Anglesey Mining names new CEO
North Wales-focussed miner Anglesey Mining has appointed Robert Marsden to the role of chief executive officer.
Manolete returns to profit as completion volumes run at record highs
Insolvency litigator Manolete Partners said on Thursday that it has seen "strong momentum" and a return to profit through a combination of new case investment and case completion volumes running at record highs and an increasing bias towards larger cases.