Thursday, 28th May 2015

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News & Reports

FTSE 100 movers: Sports Direct higher on lifted guidance, Intertek downgraded

Thu 28th May 15, 13:09:26

UK stocks were subdued on Thursday, following weak economic data and continued investor uncertainty on Greek developments.

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Avago Technologies to buy Broadcom in $37bn deal

Singapore-based chipmaker Avago Technologies has agreed to buy Broadcom Corp for $37bn in cash and stock, the companies said in a statement. 1 hour ago

Weekly US unemployment claims rise more than expected

The number of jobless persons in the US edged higher last week, according to the most recent data from the US government. 1 hour ago

Dialight appoints new US chief officer

LED lighting group Dialight appointed Michael Sutsko as its new chief executive followig a global search process. 1 hour ago

FX round-up: Yen weakens to seven-year low versus the US dollar

US dollar strength propelled it to seven-year highs versus the Japanese currency unit ahead of the release of a second reading on first quarter gross domestic product growth in the States. 1 hour ago

Thursday tips round-up: Brewin Dolphin, Card Factory

Brewin Dolphin's share price took a hit despite reporting progress in beefing up its profit margins during its first half. Those improved to 22.3% from 20.8%. However, at 4% its organic rate of growth in revenues - new business won by the existing work force - was disappointing. Rivals are doing better, making the most of the favourable tailwinds for the wealth management industry such as positive demographic trends and the recent pension reform. 2 hours ago

Vitesse Media's full-year operating loss to be reduced

Vitesse Media said on Thursday its full-year results are expected to see a "significant improvement" from previous years. 2 hours ago

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