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Segro reports strong start to 2018
Segro said it made a strong start to 2018 amid strong demand for its warehouses powered by the shift to online shopping.
Polymetal sees decent improvement in first quarter gold production
Polymetal International issued its production results for the first quarter ended 31 March on Wednesday, reporting 295 Koz of gold equivalent production, a 5% year-on-year increase.
Hochschild Mining achieves strong first quarter production despite San Jose stoppage
Hochschild Mining reported record first quarter attributable production in an update on Wednesday, with 4. 7 million ounces of silver and 69,030 ounces of gold produced in the period.
Countryside Properties H1 completions jump 15% but selling prices drop
FTSE 250 housebuilder and urban regeneration partner Countryside Properties posted a 15% jump in first-half completions on Wednesday, but selling prices fell.
Spectris merges test and measurement subsidiaries
Instrumentation and controls group Spectris will merge two of its operating companies at the beginning of next year, taking advantage of both firm's complementary expertise across the measurement chain.
Jupiter Fund Management under pressure as first-quarter AuM drop
Jupiter Fund Management was under the cosh on Wednesday as it posted a drop in first-quarter assets under management.
London open: Stocks sparkle ahead of inflation data; Hammerson caves on Intu
London traders had a sunny disposition early on Wednesday taking their cue from a turn in the weather and upbeat sessions in the US and Asia as investors eyed the release of key inflation data and sifted through a deluge of corporate news.
Moneysupermarket Q1 revenue up 4%, confident of meeting market expectations
FTSE 250 comparison website Moneysupermarket. com reported a 4% jump in first-quarter revenue on Wednesday and said it remains confident of meeting current market expectations.
Meggitt to supply wheels and brake components for new Korean fighter jets
High performance aerospace, defence and energy components provider Meggitt has secured a multi-million dollar contract with Korea Aerospace Industries (KAI), it announced on Wednesday, to supply advanced nose and main wheels, high performance carbon brakes and a brake control system for the KF-X multirole fighter jet.
Rio Tinto posts mixed production results amid $5bn divestment programme
Rio Tinto issued its first quarter production figures on Wednesday, reporting that Pilbara iron ore shipments at 80. 3 million tonnes were 5% higher than the first quarter of 2017, benefitting from productivity improvements and fewer weather disruptions.
Smurfit Kappa makes further investment in French kraftliner mill
Packaging business Smurfit Kappa has invested further into its Facture paper mill in France in order to meet increased demand for its kraftliner products, made of 100% unbleached softwood fibres and high quality recycled fibres.
Hammerson has a change of heart over Intu takeover
Hammerson has withdrawn its recommendation for its proposed £3. 2bn takeover of Intu Properties, blaming problems in the UK retail market and opposition among some shareholders for its change of heart.
BT consolidating enterprise businesses in the UK and Ireland
BT Group announced on Wednesday that it would bring together its enterprise businesses in the UK and the Republic of Ireland, in a bid to accelerate its transformation, simplify its operating model and strengthen accountabilities.
Bodycote secures 15-year contract with Rolls-Royce
Bodycote has signed a 15-year contract with Rolls-Royce's civil aerospace business that is expected to be worth more than £160m in incremental revenues.
Mediclinic profits improve as Middle East back to health
Mediclinic International said it expects profits for the year to be marginally ahead of expectations, thanks to a "significant" second half improvement in its Middle East and Southern Africa hospitals.
Bunzl revenue up 7% in Q1, completes US and Dutch acquisitions
Distribution and outsourcing group Bunzl posted a jump in first-quarter revenue on Wednesday as it announced the completion of acquisitions in the US and the Netherlands last month.
Melrose urges remaining GKN shareholders to accept, Hammerson withdraws offer for Intu Properties
London open.
Wednesday newspaper round-up: M&S, WPP, KPMG, over-55 homeowners
Marks & Spencer is to close its distribution centre near Warrington, putting 450 jobs at risk. The decision brings the total number of job losses at M&S this year to more than 1,300. In January, M&S said it was closing 14 stores, affecting nearly 500 jobs. The retailer also ditched its Neasden distribution site in London, putting a further 380 jobs at risk. – Guardian.
London pre-open: Stocks to push higher on positive US cues; inflation data eyed
London stocks were set for a positive open on Wednesday following upbeat sessions in the US and Asia as investors eye the release of key inflation data.
US close: Traders turn Tuesday green as Netflix flexes its earnings muscle
Wall Street finished a solid session in the green on Tuesday, as investors digested the latest numbers from investment banking behemoth Goldman Sachs and a blowout earnings beat from Netflix.