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Red Emperor, Pantheon, 88 Energy plunge on Alaska well woe
Shares in Red Emperor Resources, Pantheon Resources and 88 Energy all nosedived on Wednesday after testing of the Winx-1 well on the Western Blocks, North Slope of Alaska returned disappointing results.
Europe midday: Stocks move higher on hopes for softer Brexit deal
Stocks on the Continent are moving higher after British MPs voted down their Prime Minister's proposal for withdrawal from the European Union and on the back of a mostly higher close on Wall Street overnight.
Somero bags 'record' results after North America success
Somero Enterprises rewarded shareholders with a 23% increase in its total dividend as sales in North America accelerated to boost the concrete installation technology specialist's profits and revenues.
US pre-open: Stocks seen higher but Boeing remains under pressure
US stock futures pointed to a slightly firmer open on Wall Street on Wednesday, although Boeing shares were likely to remain weaker.
London midday: Stocks steady ahead of Spring Statement; sterling rallies
London stock markets were eerily calm by midday on Wednesday, treading water ahead of the Spring Statement as sterling gained amid hopes of an extension to Article 50.
Innogy pays price for turbulent year as earnings are blown off course
Low winds across Europe buffeted profits at Innogy last year, as the German owner of Npower warned that earnings in the current year would be "significantly" lower.
Lookers profits drop as new car sales decline
Profits at car dealership group Lookers fell in 2018 as new car sales declined, but the company said it had a good start to 2019.
Charles Taylor pleased with performance as works on growth strategy
Charles Taylor reported a 25% surge in its revenues in its unaudited results for year ended 31 December on Wednesday, to £263. 6m.
Buoyant Asian market helps lift profits at Prudential
Prudential thanked its Asian business for a jump in annual profits on Wednesday, as the blue chip insurer updated investors on plans to spin off its UK savings and investment arm.
Dignity earnings tumble as it implements turnaround plan
Funeral services provider Dignity announced its preliminary results for the 52 weeks ended 28 December on Wednesday, reporting a 3% fall in revenue to £315. 6m.
Stobart Group upbeat on aviation performance
Aviation, energy and civil engineering company Stobart Group issued its pre-close trading statement and capital review update on Wednesday, reporting that it had continued to make “strong” commercial progress in its core aviation and energy operating divisions, and was trading in line with management expectations.
Merkel said Brexit delay will be 'easy' if UK has 'credible reason' - report
German leader Angela Merkel said on Wednesday was reported to be relaxed about Britain's ability to secure a Brexit delay from European Union.
Balfour Beatty profits rise as order book grows, divi hiked
FTSE 250 construction company Balfour Beatty reported a 10% jump in annual profit on Wednesday as the order book grew and the Build to Last programme bore fruit.
Manx Telecom leaps on Basalt's £255m takeover bid
Manx Telecom's shares climbed on Wednesday after the company announced it has reached an agreement for a £255m takeover, while the business also reported a jump in annual revenue.
UK plans to slash import tariffs in event of no-deal
The UK will remove tariffs on most imported goods if MPs vote for a no-deal Brexit, the government announced on Wednesday morning as businesses bemoaned the lack of consultation.
Hikma Pharma profits jab higher
Hikma Pharmaceuticals grew 2018 sales and profits much more than it had expected at the start of last year, but final numbers and guidance for 2019 from the speciality and generic drug maker were both a little short of upgraded market forecasts.
London open: Stocks steady as sterling pops higher on Brexit delay hopes
London stocks were steady in early trade on Wednesday, with sterling on the rise as traders bet on an extension to Article 50.
Standard Life Aberdeen abandons co-CEO set-up; annual profit dips
Asset manager Standard Life Aberdeen posted a 1. 5% dip in full-year pre-tax profit on Wednesday as revenue declined and the company said it has abandoned its co-chief executive set-up, with Martin Gilbert stepping down to leave Keith Skeoch in charge.
Avast CEO Steckler to retire in June
Vince Steckler will retire as chief executive of Avast later this year, the cybersecurity specialist announced alongside a solid set of full-year results.
3i Infrastructure acquiring Joulz Diensten in EUR 220m deal
3i Infrastructure has agreed to invest €220m to acquire 100% of Dutch energy infrastructure equipment and services provider Joulz Diensten, it announced on Wednesday.