Full List Of Stories
Morgan Stanley upgrades Experian on Brazil opportunity
Morgan Stanley upped its rating on shares of credit-checking firm Experian to ‘overweight’ from ‘equalweight’ on Wednesday as it pointed to a change in regulation in Brazil that should benefit the group.
FTSE 250 movers: IP rallies; Close Brothers slumps on update
London’s FTSE 250 was up 0. 1% to 21,773. 47 in afternoon trade on Wednesday.
FTSE 100 movers: Berkeley builds gains; Burberry falls on update
London’s FTSE 100 was down 0. 4% at 7,582. 34 in afternoon trade on Wednesday.
Berkeley Group to boost shareholders returns by £455m
Housebuilder Berkeley Group said on Wednesday that it will return £1bn to shareholders over the next two years, which is a £455m increase.
UBS upgrades Ferguson, downgrades Travis Perkins
UBS upgraded its stance on Ferguson on Wednesday but downgraded Travis Perkins, as it took a look at the European building materials sector.
Burberry bumps up full-year revenue guidance
Burberry posted a rise in third-quarter sales on Wednesday and lifted its revenue guidance for the year but shares of the luxury fashion brand fell as it said sales in Hong Kong were dented by unrest.
London midday: Stocks pare gains as pound jumps after CBI survey
London stocks had pared gains by midday on Wednesday as sterling was boosted by the latest manufacturing survey from the Confederation of British Industry, with losses for the likes of TUI, Antofagasta and Burberry weighing on the top-flight index.
Hundreds of jobs to go at Jaguar Land Rover's Halewood plant
Jaguar Land Rover is set to axe hundreds of jobs at its Halewood plant on Merseyside.
Ted Baker inventory overstatement more than double initial estimate
Fashion retailer Ted Baker said on Wednesday that it had overstated the value of its inventory by more than twice what it originally estimated.
CMA to probe DMGT's acquisition of i newspaper
The Competition and Markets Authority said on Wednesday that it will look into whether Daily Mail & General Trust’s acquisition of the i newspaper from JPI Media will lessen competition.
Pets at Home backs full-year expectations as Q3 sales rise
Pets at Home reaffirmed its full-year guidance on Wednesday as it posted a jump in third-quarter sales thanks to solid performances from both its retail segment and vet group.
London open: Stocks edge up as traders shrug off coronavirus concerns
London stocks edged higher in early trade on Wednesday, taking their cue from an upbeat session in Asia as investors shrugged off concerns about the spread of coronavirus.
Antofagasta hails record FY copper production
Chilean copper miner Antofagasta hailed record full-year copper production on Wednesday despite a dip in the fourth quarter.
London pre-open: Stocks seen up on positive Asian cues
London stocks were set for a firmer open on Wednesday, taking their cue from an upbeat session in Asia, as investors shrug off worries about the spread of coronavirus.
Wednesday newspaper round-up: British Steel, HS2, Boeing, Goldman Sachs
The government is holding talks with the Turkish conglomerate Cengiz Holdings about stepping in to buy British Steel in the event that a planned sale to the Chinese industrial firm Jingye falls through. Officials remain confident that Jingye’s £50m purchase of British Steel, including the Scunthorpe steelworks, will go ahead in the next few weeks, saving about 4,000 jobs in the ailing industry. – Guardian.