Latest News
Berenberg upgrades Alfa Financial following 'difficult year'
Analysts at Berenberg upgraded software outfit Alfa Financial to 'hold' on Wednesday, noting that after a "disappointing year", the risks to the firm's profit and loss was being priced-in as a result of its recent share price weakness.
Domino's Poland drops as competitor advertising softens sales growth
Domino’s Pizza Poland’s shares dived on Wednesday as the company warned that a "softening" of like-for-like sales growth had continued into the fourth quarter.
Slowdown in global growth 'healthy and necessary' - S&P
A slowdown in world growth next year should be welcomed as both “necessary and healthy”, argues S&P Global Ratings in its latest economic report.
US open: Dow surges 324 points at the bell amid signs of improving US-Sino relations
The Dow surged more than 320 points at the open on Wednesday amid signs of improving trade relations between the US and China.
Norway's DNO confirms 152p a share takeover bid for Faroe Petroleum
DNO has confirmed its 152p per share cash offer for Faroe Petroleum.
Xeros Technology transfers US service offering to distributors
Xeros Technology on Wednesday completed the transfer of servicing of its US commercial laundry customers through the signing of a series of regional agreements with full-service distributors.
Activist investor Elliott moves on Pernod Ricard
Activist investor Elliott has taken a stake in Pernod Ricard, arguing that the world’s second-largest drinks company is underperforming its rivals.
Ariana Resources to begin diamond drilling at Kizilcukur
Gold exploration and development company Ariana Resources updated the market on resource development activities at its wholly-owned Kizilcukur Gold Project on Wednesday.
TUC calls for investment in manufacturing and high-tech jobs
The TUC has called for the government, businesses and trade unions to work together to create 1m more manufacturing and hi-tech jobs across the UK by 2030.
Over a quarter of UK households struggling with slow broadband
Over a quarter of UK homes struggle with their broadband speed of less than 10Mbps and only 56% of households are aware they could access superfast broadband.
Evgen Pharma's loss widens amid excitement over cancer treatment
Evgen Pharma’s shares stumbled on Wednesday after its interim loss before tax expanded, though the company was “delighted” by progress in treatment developments.
Wednesday broker round-up
Photo-Me: Kepler Cheuvreux downgrades to hold with a target price of 115p.
NWF Group confident on full-year expectations after hot summer
NWF Group expects full-year trading to beat last year after coping with the impact of hot summer months on its Fuels and Feed divisions.
City watchdog outlines plans to open up patient capital
The Financial Conduct Authority is proposing a series of changes to the patient capital market to enable more retail investors to buy into long-term assets.
US pre-open: Stocks seen higher amid signs of US-China progress
US stocks looked set for an upbeat open on Wednesday amid signs of improving trade relations between the US and China.
Filtronic set to make a loss for the year, shares crash
Shares in Filtronic tanked on Wednesday as the AIM-listed designer and manufacturer of antennas said it expects to make a loss for the current year as one of its customers will be purchasing fewer antennas than originally planned.
CMA rejects Sainsbury's and Asda's appeal for more time
UK competition authorities have told Sainsbury's and Asda they must stick the the current timetable, after the pair pleaded for more time to argue the case for their proposed £12bn merger.
London midday: Stocks rise amid trade war hopes, May faces leadership challenge
Calm prevailed in London's financial markets on Wednesday amid signs of improving Sino-US relations, with the FTSE 100 firmly in the green by midday and the pound languishing at recent lows but up on the day as investors mulled news of Theresa May's leadership challenge.
BigBlu Broadband's growth driven by new customers
BigBlu Broadband reported on Wednesday that annual revenues had expanded on the back of higher customer numbers and recurring revenue.
Asia report: Markets higher on renewed hopes of trade war de-escalation
Markets in Asia finished in the green on Wednesday, on renewed hopes of an improvement in the political relationship between the US and China.