Economic and Market News for 7 December 2017

  • 07 Dec
    14:58
    US markets back on track

    Wall Street got off to a steady but positive start on news that unemployment claims fell to 236k in the week ending 2 December and rising oil prices. The Dow was recently up 0.16% at 24,178.62,...

  • 07 Dec
    13:34
    US jobless claims fall by 2k

    US initial unemployment claims fell to 236k in the week ending 2 December, a decrease of 2k from the previous week's unrevised level of 238k, the US Department of Labor said today. The 4-week...

  • 07 Dec
    13:05
    Challenger survey shows 35k US job cuts in November

    Global outplacement consultancy Challenger, Gray & Christmas has reported that US employers announced workforce reductions totalling 35,038 in November, up 30% from the same month last year,...

  • 07 Dec
    09:52
    Imperial Brands buys back shares

    Imperial Brands bought back 151,500 ordinary shares yesterday at an average price of 3080.97p apiece for cancellation. At 9:52am: (LON:IMB) Imperial Brands Plc share price was +11p at 3097p...

  • 07 Dec
    09:49
    Swiss unemployment rate rises to 3.1%

    The unemployment rate in Switzerland rose from 3% to 3.1% between October and November, according to the State Secretariat for Economic Affairs. At the end of November, there were 137,317...

  • 07 Dec
    09:45
    Italian unemployment down 0.1%

    The number of people who were classed as unemployed in Italy totalled 2.879 million in October. This represents a 0.1% decline over the previous month. A total of 23.082 million people were...

  • 07 Dec
    09:42
    German production slips in October

    German production in industry fell 1.4% between September and October on a price, seasonally and working day adjusted basis, according to provisional data from the Federal Statistical Office...

  • 07 Dec
    09:40
    UK house price growth eases to 3.9%

    UK annual house price growth eased to 3.9% in the three months to November, lower than the 4.5% annual growth recorded in October. On a quarter-on-quarter basis, house prices were 2.4% higher -...

  • 07 Dec
    08:54
    BP buys back shares

    BP bought back 3,000,000 ordinary shares yesterday at the volume weighted average price of 494.2087p apiece for cancellation. At 8:54am: (LON:BP.) BP PLC share price was -0.1p at 494.15p Story...

  • 07 Dec
    08:43
    Boku options exercised

    Boku has issued 95,290 new common shares following the exercise of share options under its 2009 equity incentive plan. At 8:43am: (LON:BOKU) Boku Inc. Ord Usd0.0001 Di Reg S share price was 0p at...

  • 07 Dec
    08:34
    CLIM responds to note on 'maximum shareholding'

    City of London Investment Management has noted the recent announcement by Capital Dynamics, investment adviser to icapital.biz, advising that no shareholder of a closed-end fund should hold more...

  • 07 Dec
    07:03
    C&C completes minority investment in Admiral

    C&C Group has completed its minority investment in Admiral Taverns which has acquired a portfolio of 17 pubs in England and Wales from Heineken's Star Pubs & Bars business. Story...

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