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FTSE 250 movers: Micro Focus surges on update; Shaftesbury weaker
London’s FTSE 250 was up 0. 9% at 19,697. 46 in afternoon trade on Wednesday.
FTSE 100 movers: RSA rallies on deal news; Compass hit by downgrade
London’s FTSE 100 was up 0. 3% at 6,385. 59 in afternoon trade on Wednesday.
Begbies Traynor FY results to be 'at least in line' with market views
Financial advisor and property services consultancy Begbies Traynor said on Wednesday that full-year results are set to be "at least in line" with current market consensus for adjusted pre-tax profit of £9. 8m.
Wynnstay FY profit to be 'significantly ahead' of market forecasts
Agricultural supplies company Wynnstay said on Wednesday that FY 2020 underlying pre-tax profit is set to be "significantly ahead" of current market forecasts after better-than-expected trading since June.
London midday: Stocks nudge up in muted reaction to Pfizer news
London stocks had ticked a little higher by midday on Wednesday as investors mulled UK inflation data and the latest news on the Covid-19 vaccine being developed by Pfizer and BioNTech.
UK inflation ticks up in October as clothing prices rise
UK inflation edged higher in October as the price of clothing rose, according to figures released on Wednesday by the Office for National Statistics.
Berenberg downgrades easyJet after rebound
Berenberg downgraded easyJet to ‘hold’ from ‘buy’ on Wednesday, arguing that upside is more limited because the shares have rebounded more than 40% since 9 November.
Barclays double-upgrades Virgin Money to 'overweight'
Barclays upgraded its stance on shares of Virgin Money on Wednesday to ‘overweight’ from ‘underweight’ and hiked the price target to 165p from 100p.
Hargreaves Lansdown loses ground as co-founder sells shares
Investment platform Hargreaves Lansdown was under the cosh on Wednesday after an offering of 6. 7m shares by co-founder Stephen Lansdown was priced at 1,535p per share, which is a 5% discount to the closing share price on Tuesday.
London open: Stocks edge lower amid Covid worries; inflation in focus
London stocks edged lower in early trade on Wednesday as investors digested the latest UK inflation figures, with worries about rising coronavirus cases and tighter restrictions continuing to weigh on sentiment.
Spirax-Sarco backs FY expectations as Q3 trading improves
Spirax-Sarco Engineering backed its full-year expectations on Wednesday as it reported an improvement in third-quarter trading.
London pre-open: Stocks seen lower amid Covid-19 concerns
London stocks were set to fall at the open on Wednesday amid concerns about rising coronavirus cases and the impact of lockdowns and restrictions on the economy.
Wednesday newspaper round-up: Brexit, UK music industry, Amazon
Failure to strike a post-Brexit trade deal would cut the UK’s economic growth rate by more than half next year, delaying a full recovery from the coronavirus pandemic, according to a report. The accountancy firm KPMG said the economy would suffer heavily should the UK fail to secure a trade deal with the EU before the end of the Brexit. - Guardian.