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Broker tips: Haleon, Warpaint, Deliveroo
HSBC initiated coverage of Haleon on Thursday with a 'buy' rating and 370. 0p price target as it took a look at consumer health stocks, saying the company stands out for its portfolio strength, the quality of its execution and better potential for exploiting new growth avenues.
EU car sales decline by most in 16 months
New car registrations in the European Union dropped in March, with the timing of the Easter holidays hammering sales, according to the European Automobile Manufacturers’ Association or ACEA.
Director dealings: Blue Coast raises stake in Everyman Media
Everyman Media revealed on Thursday that Blue Coast had acquired 50,000 ordinary shares in the AIM-listed cinema group.
Danone beats forecasts with solid Q1 sales growth
French food manufacturer Danone said it made a "good start" to the year, with first-quarter sales rising on the back of broad-based growth amid a challenging environment.
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.