Breaking pre-market news on Thursday,
- UBS to axe 5,000 jobs – report.
- Yell announces new strategy (to provide a broad range of digital services to SMEs) — statement.
- Premier Foods appoints Kraft executive as new CEO — statement.
- DMGT reports further fall in advertising revenues; Daily Mail cover price to rise by 10 per cent (worth £20m to bottom line) — statement.
- Pedragon launches rights issue — statement.
- Corporate: Fresnillo, Rio Tinto, AB Foods, Mitchells & Butlers, Barratt Developments, Ashmore, Mothercare, Sports Direct International, Eros International, D1 Oils, Asos, IQE, Paypoint.