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Snap CEO Spiegel receives $638m in compensation for IPO year

Snap Inc Chief Executive Officer Evan Spiegel received $637.8m (£457.53m) as total compensation during 2017, the year the company went public, according to a security filing on Thursday.

Alison Bloomer

Flybe shares take wing as Stobart Group eyes takeover bid

Shares in Flybe have soared by more than a fifth after the owner of London Southend Airport said it was weighing a potential swoop for the regional airline.

Alison Bloomer

Amazon will not "take over everything" says economist as its shares near $1,500

Retailers do not need to fear Amazon taking “over everything” as there are limits, according to a leading economist

Alison Bloomer

Go-Ahead shares enjoy double-digit surge on rail outlook boost

Shares in Go-Ahead have gathered steam after the group pencilled in a rosier outlook for the rail business following a “one-off” boost linked to the London Midland franchise.

Alison Bloomer
oil

Chesapeake Energy shares jump on results beat

Shares in Chesapeake Energy were up 5% on Thursday in pre-market trading after the US-based oil & gas producer swung into profit.

James Hester

Angry Birds maker see shares slide by 45% after disappointing results

Shares in Rovio Entertainment, the makers of Angry Birds, fell by more than 45% on Thursday after the company missed fourth-quarter sales expectations and warned revenue would be flat or lower in 2018.

Alison Bloomer
Moneysupermarket

Moneysupermarket sees share price slide after growth warning

Moneysupermarket’s share price took a hiding today as the financial comparison site revealed that it expected earnings to be flat in 2018.

David Burrows
AA

Anglo American sees profits double in 2017

Mining group Anglo American reported a 45% rise in full-year profits on Thursday thanks to rising commodity prices, but some metrics missed analysts' forecasts and the shares fell

Neil Dennis
BAE

BAE shows improved earnings but expects flat 2018

UK defence company has BAE Systems has reported an 8% increase in annual earnings, in line with forecasts. The firm put the improved earnings numbers largely down to growing demand for its advanced precision kill weapon rockets.

David Burrows
centrica

Centrica to axe 4,000 jobs by 2020 as profits fall

Centrica, the British gas and electricity provider, announced 4,000 job cuts on Thursday as part of its cost efficiency programme after a set of weak annual financial results in 2017

Neil Dennis
BAT

BAT boosted by RAI acquisition in challenging market

British American Tobacco reports group revenue up 37.6%, with profit from operations up 39.1%, due to the acquisition of RAI, improved revenue from the NGP portfolio, pricing and a translational foreign exchange tailwind due to the relative weakness of sterling.

David Burrows
barclays

Barclays numbs news of 2017 loss with dividend promise

Barclays promise of a higher dividend policy on Thursday helped ensure a positive share price reaction, even after the UK bank reported a full-year net loss - hit by charges related to an asset sale and US tax reforms

Neil Dennis
serco

Serco reports lower 2017 profits in ‘difficult’ market

Serco, the government outsourcing group, reported lower full-year profits for 2017, hit by a "difficult" market that ultimately led to the collapse of rival Carillion earlier this year

Neil Dennis
Photo of Barclays logo

AM update: Barclays hit by £1.9bn loss, Centrica profits slump 17.4%, Asian shares slip

Japanese and Hong Kong shares were down overnight slipping -1.07% and -1.12% while the Shanghai Composite soared more than +2%.

Adrian Holliday
New York Stock Exchange

US update: Stocks fall after initial Fed minutes lift, Treasuries yields hit high note

The release of Federal Reserve minutes first fuelled Wall Street gains, before flaming out as the market drew to a close on Wednesday sending stocks lower for the second straight session.

Claire Hunte




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