Full List Of Stories
Eddie Stobart unveils hefty losses as shares plunge
Eddie Stobart Logistics insisted it was back on a stable footing on Wednesday, after the embattled haulage firm finally published long-delayed results and resumed trading on the London Stock Exchange.
Brussels eyeing up LSE's $27bn Refinitiv acquisition - report
Shares in the London Stock Exchange came under pressure on Wednesday, after fears emerged that its multi-billion pound takeover of Refinitiv could be subject to a longer-than-expected probe by regulators.
HSBC's premium valuation 'unjustified', argues Berenberg
Berenberg has reiterated is ‘sell’ rating on HSBC, arguing the blue chip bank’s premium valuation is “unjustified”.
BP to quit trade bodies over climate change 'misalignment'
BP is pulling out of three American trade associations as part of its green overhaul, the British oil giant confirmed on Wednesday.
Stiff competition and weak demand drive down shop prices - BRC
Shop prices continued to fall in February, research published on Wednesday showed, driven lower by weak consumer demand and stiff competition.
Weir to become pure mining play after tumbling into the red
Weir Group is to offload its battling oil and gas business after an impairment charge pushed the mining and energy equipment specialist into the red.
Last minute festive shopping spree boosts Macy's
A strong run up to Christmas helped Macy’s beat fourth-quarter forecasts, the American US department store chain confirmed on Tuesday.
HP reaches out to Xerox over $35bn hostile bid
HP is “reaching out” to Xerox over its rebuffed $35bn hostile takeover bid, the US tech giant confirmed, as it unveiled plans to return up to $16bn to shareholders.
UK retail sales creep higher in February, missing forecasts
Retailers are planning to ramp up investment this year, a widely-watched survey revealed on Tuesday, despite the poor start to 2020 extending into February.
Canaccord Genuity calls SIG shares 'uninvestable', cuts price target
Canaccord Genuity has slashed its price target on SIG, arguing that the British building materials group is currently “uninvestable”.
Transport and logistics facing potential 'substantial' hit from coronavirus, says Berenberg
The financial fallout from the coronavirus already being felt in the first quarter across the transport and logistics sector could increase well into the second, Berenberg warned on Tuesday.
Berenberg ups rating on 'under-appreciated' Greencore
Berenberg has upped its rating on Greencore Group, arguing that the convenience food manufacturer remains under-appreciated despite exiting the burdensome US market.
Opec blames coronavirus as its cuts forecasts for oil demand
Opec has cut its forecasts for oil demand in 2020, over concerns that the coronavirus outbreak will weigh heavily on the global economy.
Eurozone industrial production tumbles in December
Eurozone industrial production slumped in December, as the monetary union’s beleaguered economy continued to be buffeted by global headwinds.
Nissan seeks $90m damages from former boss Ghosn
Nissan is suing its fugitive former chairman Carlos Ghosn for $90. 0m, the Japanese car giant announced on Wednesday.
CMA to probe Kingspan takeover of SIG's Building Solutions
The UK competition watchdog has launched a probe into Kingspan Holdings’ proposed £37. 5m acquisition of Building Solutions from SIG.
Arbuthnot shares rally on strong end to year
Shares in Arbuthnot Banking rallied in morning trading on Wednesday, after the 184-year old company said full-year profits would come in at the upper end of expectations.
Credit Suisse initiates coverage of UK banks; HSBC named top pick
Credit Suisse has initiated full coverage of the UK banking sector, upgrading HSBC to ‘outperform’ in the process.
Barclays ups rating on Boohoo to 'overweight'
Barclays has upgraded its recommendation for Boohoo, predicting that strong earnings momentum at the online fashion brand is set to continue.
RBC Capital downgrades Antofagasta, Rio Tinto
RBC Capital Markets has cut its rating on both Antofagasta and Rio Tinto as the coronavirus outbreak weighs down global demand for commodities.