Full List Of Stories
FTSE 250 movers: Quilter up after results; ITV in the red
London’s FTSE 250 was flat at 21,383. 67 in afternoon trade on Wednesday.
FTSE 100 movers: Just Eat rallies; miners slump
London’s FTSE 100 was flat at 6,729. 59 in afternoon trade on Wednesday.
Talend to go private in $2.4bn deal with PE firm Thoma Bravo
Data solutions company Talend has agreed to be bought by private equity firm Thoma Bravo in a $2. 4bn deal.
Next buys 25% stake in Reiss for £33m
Next has agreed to purchase a 25% interest in fashion brand Reiss for £33m.
BofA Merrill Lynch reiterates 'overweight' on Pearson, hikes price target
Bank of America Merrill Lynch upped its price target on educational publisher Pearson and reiterated its ‘overweight’ rating following the release of its full-year results.
London midday: Stocks in the red as miners weigh
London stocks were still a little weaker by midday on Wednesday amid worries about inflation, with miners under the cosh.
Liberum upgrades Ferrexpo to ‘buy’, hikes price target
House broker Liberum upgraded its rating on shares of iron ore company Ferrexpo to ‘buy’ from ‘hold’ on Wednesday, hiking the price target to 500p from 180p.
Hill & Smith posts drop in FY profit but sees recovery in 2021
Hill & Smith reported a drop in full-year profit on Wednesday as it took a hit from the pandemic, but the company lifted its dividend and said it expects to see a recovery in trading this year.
Ibstock swings to loss amid pandemic
Clay bricks and concrete products manufacturer Ibstock said on Wednesday that it swung to a full-year loss as demand was hit by the Covid-19 pandemic, but recommended a dividend.
London open: Stocks fall amid inflation concerns; miners slump
London stocks fell in early trade on Wednesday amid ongoing concerns about inflation, with heavily-weighted miners pacing the decline,.
Spirax-Sarco FY profit beats views after better-than-expected Q4
Spirax-Sarco Engineering reported a better-than-expected full-year profit on Wednesday, while revenues were in line after a stronger-than-anticipated fourth quarter.
London pre-open: Stocks to fall as investors mull China inflation data
London stocks were set to fall at the open on Wednesday amid lingering concerns about inflation, as investors digest the latest reading out of China.
Wednesday newspaper round-up: Air passenger duty, Evans Cycles, M&S
Air passenger duty is set to be cut on domestic flights after the prime minister signalled his support for reform to bolster air links around the UK. Lower rates for UK internal flights or an exemption for return legs will be considered. The news will come as some relief to the beleaguered aviation industry, whose complaints about the level of duty predate the Covid-19 crisis, but environmental groups said the move was “nonsensical” and “beggared belief” in the face of climate change.