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FTSE 100 movers: Vodafone in the black; 3i Group slumps
London’s FTSE 100 was up 0. 4% at 8,390. 26 in afternoon trade on Thursday.
FTSE 250 movers: Harbour Energy gushes; Hipgnosis out of tune
FTSE 250 (MCX) 20,542. 38 0. 25% .
Light Science Technologies shares jump on South Africa deal
Shares in Light Science Technologies Holdings (LSTH) surged on Thursday after the AIM-listed company signed an exclusive distribution agreement to market and sell its nurturGROW vertical farming lights in South Africa.
Blackstone leads Hipgnosis race as Concord says no encore
Private equity giant Blackstone appeared to have emerged as the winner in the race to buy troubled music rights owner Hipgnosis Songs Fund after Apollo-backed Concord said its latest $1. 25-a-share offer was final.
BAE holds guidance, sees boost from global tensions
Weapons maker BAE Systems held annual guidance and said global geopolitical tensions should boost orders as countries increased defence spending.
Eckoh FY adjusted operating profits 'marginally ahead' of expectations
Data security solutions business Eckoh said on Thursday that adjusted operating profits were "marginally ahead of market expectations" in the year ended 31 March despite seeing full-year revenues decrease.
Nissan profits jump 92%, but China sales fall
Motor manufacturer Nissan said annual profit jumped 92% to 426. 6 billion yen (£2. 1bn), driven by higher sales in all major global markets except China.
US jobless claims hit nine-month high
Americans lined up for unemployment benefits at an accelerated clip in the week ended 4 May, according to the Department of Labor, hitting a nine-month high in the process.
Bank of England stands pat on interest rates
The Bank of England stood pat on interest rates on Thursday at 5. 25%, as widely expected, but suggested cuts could be on their way.
Berenberg slightly raises target price on Helios
Analysts at Berenberg slightly raised their target price on telecommunications tower infrastructure company Helios Towers from 170. 0p to 185. 0p on Thursday, stating the group was now "poised for value creation".
Tertiary Minerals moves towards operations at Mupala
Tertiary Minerals announced on Thursday that its Environmental Project Brief (EPB) for the Mupala Copper Project in Zambia had been approved, paving the way for mineral exploration activities to start.
Syncona reports positive findings from investee Freeline
Life science investor Syncona reported positive findings from its portfolio company Freeline Therapeutics on Thursday, after a phase one and two study of its gene therapy candidate for Gaucher disease, ‘FLT20’, showed encouraging results.
Triple Point reviewing investment management arrangements
Triple Point Social Housing announced an independent review of its investment management arrangements on Thursday, in a bid to enhance shareholder value.
IP Group's Hysata completes $111m series B funding
IP Group announced the completion of a $111m series B funding round by its Australian portfolio company Hysata on Thursday.
PetroTal sales, production meet first-quarter forecasts
PetroTal said in an update on Thursday that sales and production in its first quarter averaged 18,347 and 18,518 barrels of oil per day respectively, marking its second-best quarter to date and aligning with guidance.
Avon Protection inks £38m contract with UK MoD
Avon Protection announced a contract with the UK Ministry of Defence (MoD) on Thursday, for the provision of General Service Respirators (GSR) and associated in-service support.
HgCapital reports robust first-quarter performance
HgCapital Trust reported a robust first-quarter portfolio performance on Thursday, resulting in a total return net asset value (NAV) increase of 3% to reach a NAV per share of £5. 11, totaling £2. 3n in net assets.
Clarksons still upbeat despite tough conditions for investment banking
Clarksons, which provides services and investment banking to the shipping industry and offshore markets, has said it made a positive start to the year and that full-year expectations remain unchanged despite "challenging" conditions in the financial division.
Europe midday: Shares flat as BoE holds rates, but sees Q1 GDP growth
European stocks were flat on Wednesday as the Bank of England held interest rates steady, in line with expectations, and said the UK economy may have pulled out of recession into growth during the first quarter of the year.
US pre-open: Futures in the red as Treasury yields rise
Wall Street futures were in the red ahead of the bell on Thursday as rising Treasury yields were in focus.