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.
Moneysupermarket’s share price took a hiding today as the financial comparison site revealed that it expected earnings to be flat in 2018.
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
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.
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
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
Japanese and Hong Kong shares were down overnight slipping -1.07% and -1.12% while the Shanghai Composite soared more than +2%.
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.
Some relief for US investors today with the Dow powering back across the 25,000 threshold
VW has agreed a 4.3% pay rise for its workers to end the first strikes at its factories in 14 years.
Negative user reviews of Snap’s new app interface has prompted Citi to downgrade the stock to a ‘sell’. A review chart published by App Annie showed the number of 1-star ratings given to Snap rocketed from 28% to 86%