Full List Of Stories
US close: Markets finish higher as investors mull Fed minutes
Wall Street's main market averages finished in the green on Wednesday, with Treasury yields slipping after the release of the minutes from the Federal Open Market Committee’s May meeting.
Tungsten Corporation lifts expectations ahead of final results
Global e-invoicing, purchase order services, analytics and financing company Tungsten Corporation updated the market on its trading for the financial year to 30 April on Wednesday, reporting that revenue for the period was expected to be in excess of £31m, representing growth of 20% on the prior year and above the board’s previous guidance of at least £30m.
Strat Aero wins contract with Cyprus Department of Civil Aviation
International aerospace company Strat Aero announced a contract with the Cyprus Department of Civil Aviation on Wednesday, to provide aviation consulting services.
Asia report: Most markets higher as Moody's downgrades China rating
Markets in Asia finished mostly higher on Wednesday, with downgrade in China’s credit rating from Moody’s coming during the day, and investors beginning to close their wallets as they waited for the FOMC minutes to be released during their Thursday session.
Britvic bottles up improved revenue in first half
Britvic posted its interim results for the 28 weeks to 16 April on Wednesday, reporting an 11. 5% increase in revenue to £756. 3m.
Ibstock lays solid start to year
Clay brick and concrete products manufacturer Ibstock updated the market on its trading in the four months to 30 April on Wednesday morning, ahead of its annual general meeting being held in London during the afternoon.
Riverstone Energy delivers another quarter of NAV growth
Riverstone Energy issued an interim management statement on Wednesday, for the period from 1 January to 31 March, reporting that its net asset value stood at $1. 722bn (£1. 372bn) at the end of the period.
LondonMetric sells Morrisons in Loughborough for £33m
LondonMetric Property announced on Wednesday that it sold its Morrisons food store in Loughborough for £32. 5m, reflecting a net initial yield of 4. 25%.
Lively last quarter helps boost Dixons Carphone
Electronics retail group Dixons Carphone posted an update on its fourth quarter trading to 29 April on Wednesday, with reported revenues up 6% across the group, or 2% on a like-for-like basis during the 16-week period.
Great Portland Estates 'resilient' in tough year
Great Portland Estates announced its results for the year to 31 March on Wednesday, with its portfolio valuation down 4. 9% during the year, and down 0. 4% n the second half.
Improved revenue and earnings flow through at Pennon Group
Pennon Group posted its full-year results for the 12 months to 31 March on Wednesday, with revenue rising 0. 1% to £1. 353bn on an underlying basis.
Revenue and earnings improve at Vedanta
Vedanta Resources posted its preliminary results for the year to 31 March on Wednesday, reporting a 7% increase in revenue to $11. 5bn, which the board said was driven by firmer commodity prices and volume ramp-up.
Martin Hellawell to step down as Softcat CEO, becoming chairman
Softcat announced on Wednesday that Martin Hellawell had decided to step down as chief executive officer once a successor is in place, at which point the board intended to appoint him to take over as non-executive chairman.
Antofagasta chairman confident despite industry challenges
Investors in Antofagasta were gathering for the company’s annual general meeting on Wednesday, as Jean-Paul Luksic prepared to update them on the company’s operations, during a year in which copper price movements turned positive.
Bunzl acquisition of DDS goes ahead after FTC approval
Distribution and outsourcing group Bunzl announced on Wednesday that the acquisition of Diversified Distribution Systems, which was initially announced on 1 March, had been completed following clearance of the transaction by the Federal Trade Commission in the US.
Vodafone Malta to merge with cable operator Melita
Vodafone Group, along with Apax Partners Midmarket SAS and Fortino Capital, announced an agreement to combine Melita and Vodafone Malta on Wednesday.
US close: Markets finish higher after weak economic data
Wall Street finished in the green on Tuesday, as traders shrugged off weaker-than-expected readings on the US economy.