Latest News
Qualcomm loses bid for iPhone import ban against Apple
Qualcomm lost a bid on Tuesday to ban imports of several iPhone models into the US after the International Trade Commission ruled in favour of Apple.
Summit Therapeutics swings to profit after revenue soars
Summit Therapeutics on Wednesday reported that it swung to an annual profit following a leap in revenues attributed to a collaboration agreement with Sarepta Therapeutics.
Inland Homes enters into £65m credit facility with HSBC
Brownfield developer and housebuilder Inland Homes has entered into a revolving credit facility of £65m, it announced on Wednesday, which included an accordion of £20m.
Catalyst Media profits boosted by SIS' performance
Sports marketing outfit Catalyst Media Group saw profits move ahead in the first half of its trading year, driven by a strong showing from Sports Information Services.
Ferguson selloff overdone, says JPMorgan as it upgrades
JPMorgan Cazenove upped its stance on shares of plumbing and heating products distributor Ferguson to 'overweight' from 'neutral' on Wednesday after the stock sold off the day before on the back of half-year results.
US trade deficit shrinks rapidly in January
America's shortfall in trade on goods and services with the rest of the world saw a massive drop at the start of 2019, amid a sharp decline in purchases from abroad.
Greencoat an 'outlier' with unwarranted discount to peers - RBC
Analysts at RBC Capital Markets upgraded Greencoat Renewables to 'outperform' on Wednesday, noting favourable winds had blown the Irish infrastructure company to an inflection point in its development.
May aims to bring back Brexit deal for third vote
Theresa May hopes to bring her Brexit deal back for a third 'meaningful vote' this week after receiving promises of support if she agrees to quit.
Wednesday broker round-up
Pets at Home: Citigroup upgrades to buy with a target price of 180p.
Europe midday: Stocks perk up on 'dovish' ECB talk, banks find a bid
Stocks on the Continent are edging back into the green on the back of 'dovish' remarks from top European Central Bank officials.
Pets at Home's turnaround plan has legs, Citi believes
Citi has upgraded its rating on Pets at Home, arguing that management has a “viable” plan to secure the company’s future.
Lloyd's of London suffers another year of losses as catastrophes take their toll
Lloyd's of London suffered another year of losses in 2018 - albeit smaller than the previous year - as it took a hit from a number of natural disasters but said it had seen "green shoots of improvement".
Online Blockchain loss deepens after 'awful' year for crypto
Online Blockchain's shares slipped on Wednesday after it reported that its interim loss widened following an "awful" 12 months for cryptocurrencies.
US pre-open: Stocks seen lower as bond yields fall
US stock futures pointed to a slightly lower open on Wall Street on Wednesday as bond yields declined.
London midday: Stocks turn lower ahead of indicative votes; housebuilders buck trend
London stocks had reversed earlier gains by midday on Wednesday as sterling pared losses ahead of 'indicative votes' on Brexit in Parliament later in the day.
Inspired Energy profits soar on record corporate revenues
Energy procurement consultant Inspired Energy saw profits soar in 2018 on the back of record revenues in its corporate division.
Minister issue standards warning to Help to Buy home builders
A government minister has warned developers that the standard of new homes needs to improve if they are to continue working with the taxpayer-funded Help to Buy scheme.
ECB's Draghi sounds confident note but adds that risks have risen
European Central Bank chief Mario Draghi sounded a confident note on the economic outlook on Wednesday, but conceded that risks had risen recently and that negative interest rates might possibly be having some undesired 'side effects'.
Retail sales fall at fastest rate for 17 months - CBI
Retail sales fell sharply in March, as the British high street continued to battle fragile consumer confidence and Brexit uncertainty.
Accesso profits decline on switch to IFRS 15
Technology solutions provider Accesso turned in a sharp drop in profits on Tuesday despite a rise in revenues due to a change in accounting practices and higher non-cash charges.