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FTSE 100 movers: Fresnillo shines but ITV retreats on update
London's FTSE 100 was up 1% to 7,111. 13 in afternoon trade on Wednesday as investors breathed a sigh of relief that the US mid-term elections panned out pretty much as expected.
Michael Kors disappoints despite 9% revenue growth
Shares in Michael Kors Holdings fell sharply in pre-market trading, after the American design house missed analyst expectations.
Superbugs infections to increase 70% by 2030
Superbug infections could cost the lives of around 2. 4m people in Europe, North America and Australia over the next 30 years and around $3. 5bn a year across 33 countries included in the latest Organization for Economic Cooperation and Development.
Ascent Resources 'unlikely' to have update on Slovenian permits within the week
Ascent Resources believes it is "unlikely" any substantive developments will occur in its ongoing spat with the government of Slovenia over its failure to grant permits within a week from now.
Wednesday broker round-up
British Land Co: Barclays downgrades to equal weight with a target price of 580p.
Asia report: Markets muted as investors cautious over midterm results
Asian markets were mixed but largely muted on Wednesday as investors fear political gridlock in Washington and what that might mean for America's attitude towards trade.
MySquar chairman resigns amid Red Dragon spat
MySquar chairman Piers Pottinger resigned from the embattled outfit on Wednesday, with immediate effect.
Barclays turns more pessimistic on property stocks ahead of results
Barclays cut its stance on three UK retail property stocks on Wednesday as it took a more pessimistic view on the sector ahead of upcoming half-year results.
Russia and Saudi discuss cutting oil output in 2019
Russia and Saudi Arabia are discussing reducing their levels of oil output.
M&S leaves analysts dividend into patient and impatient camps
Half-time results from Marks & Spencer divided analysts, with some lamenting the glacial progress in the retailer's turnaround but others seeing the dividend as safe and a just reward for investor patience.
Sophos shares plunge on 'modest' growth guidance
Shares in cyber security firm Sophos fell sharply on Wednesday as the company said it now expected a “modest improvement” in billings growth in the second half of the year against “challenging” year-on-year comparatives.
Hermes thanks Chinese shoppers for sales jump
Luxury goods group Hermès, owner of the iconic Birkin handbag, has shrugged off concerns about the Chinese economy to post a jump in third-quarter sales.
FCA rule change on PPI could prompt fresh wave of bank payouts
Banks could see a fresh wave of compensation claims after the Financial Conduct Authority said it was considering making firms contact customers who have had previous PPI complaints dismissed.
Aberdeen bypass to cost Galliford Try an extra £20m
FTSE 250 construction group Galliford Try warned on Wednesday that costs to complete the Aberdeen bypass - a joint venture with Balfour Beatty - will increase by around £20m due to further delays and higher-than-expected direct costs.
Lookers on track for FY as used car segment offsets weakness in new cars
Car dealership chain Lookers said on Wednesday that full-year results should be in line with market expectations despite disruption from new emissions regulations, as a solid performance from the used car and aftersales segments offset weakness in new cars.
EU's highest court to hear Brexit reversal case
The European Union’s highest court is to review whether or not the UK can unilaterally withdraw its decision to quit the bloc.
BMW stock reverses after tough quarter for sector
BMW shares skidded almost 3% lower on Wednesday as the car manufacturer's third-quarter revenues rose more than expected but profits were very slightly short.
Marks & Spencer half-year sales disappoint
Marks & Spencer said it was leaving "no stone unturned" in its efforts to restructure the business to cope with the new retail environment, where sales and profit margins fell in the first half of the year.
Europe midday: Oil&Gas shares, Spanish banks pace gains
Stocks across the Continent are trading on the front foot as investor breathe a sigh of relief that the US midterm elections on Tuesday night didn't yield any surprises that might 'rock the boat'.
Benchmark expects 'significant growth' from last trading year
Benchmark Holdings expects to report "significant growth" in both revenues and earnings from its recently wrapped up trading year.