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Berenberg ups target price on 'top pick' JD Sports
Analysts at Berenberg upped their target price on retailer JD Sports on Wednesday, noting that several near-term tailwinds had helped the group pick up the pace from a jog to a sprint.
EU suggests tariffs on $20bn worth of US imports in Boeing row
The European Commission published a list on Wednesday of $20bn worth of US imports that could be hit with tariffs in response to US subsidies to aircraft manufacturer Boeing.
Mastercard could be forced to pay £300 to almost every UK adult
Mastercard could be forced to pay out £300 to almost every UK adult if a £14bn class action lawsuit against the company prospers.
Zoo Digital reports flat earnings despite slightly improved revenues
Cloud-based localisation and distribution service Zoo Digital expects group revenues to be in line with expectations at $29m, up from the $28. 5m recorded last year, on the back of 5% growth in total localisation revenues to $22. 6m despite strong comparatives.
Learning Technologies acquires HR software outfit Breezy
E-learning and talent management business Learning Technologies acquired software outfit Breezy HR on Wednesday.
Europe midday: Stocks higher despite reduced expectations for Germany
Stocks are venturing into the green come midday, with news of another cut to the German government's growth forecasts being offset by unexpectedly strong readings on Chinese growth and better-than-expected results from some US corporates, including Morgan Stanley and Netflix.
US pre-open: Stocks to edge up as earnings roll in; MS and BNY Mellon report
US stock futures pointed to moderate gains at the open on Wednesday as investors braced for more earnings releases, with Morgan Stanley, BNY Mellon and PepsiCo in focus.
London midday: Stocks maintain mild losses as inflation holds steady
London stocks were a still a touch lower by midday on Wednesday despite the release of better-than-expected Chinese growth figures, as the latest UK inflation data undershot expectations.
Euro area CPI dips in March, even as energy cost increases accelerate
Consumer prices in the Eurozone dipped last month, despite an acceleration in energy costs.
Mediclinic climbs on revenue growth amid 'challenging' conditions
Mediclinic International shares jumped after the company posted higher full-year revenues in its Swiss, Southern African and Middle Eastern businesses, though Spire Healthcare's performance dampened spirits on the back of an 'unprecedented' decline in NHS revenue.
UK inflation holds steady at 1.9% in March
UK inflation unexpectedly held steady in March, according to data released on Wednesday by the Office for National Statistics, easing pressure on the Bank of England to hike interest rates.
Enteq says profits 'materially ahead of expectations', ups guidance again
Oilfield services outfit Enteq saw better than anticipated trading in the tail end of the financial year, with earnings now expected to top previous estimates.
US-China deal could give Beijing dangerous trade tool
Treasury Secretary Steven Mnuchin said on Monday that the US agreed with China that the enforcement mechanism of fair trade will be reciprocal, in a move that some observers believed might harm US companies and the World Trade Organization itself.
Fusion Antibodies revenues soar in strong second half
Pharmaceutical research outfit Fusion Antibodies reported a strong second half on Wednesday, driven by a significant increase in orders.
Omega Diagnostics revenues slip after disposals
Omega Diagnostics on Wednesday reported that annual revenues dropped following the sale and closure of the company's Omega GmbH and its infectious disease business unit.
IBM revenues slip as cloud sales falter
Computer giant IBM saw revenues slip in the first quarter after sales faltered at its cloud computing division.
Dart Group forecasts profits 'slightly' ahead of expectations
Aviation and distribution outfit Dart Group said it expected full-year pre-tax profits to be slightly ahead of market expectations.
Telecom Plus shares fall after profit warning on price cap impact
Utility supplier Telecom Plus on Wednesday warned that full year profit would be lower-than-expected as the UK government's price cap hit results in the final quarter.
Europe open: Stocks off to flat start despite strength in technology and autos
Stocks have gotten off to a flat start on Wednesday, with poorly received quarterly updates from US tech giants IBM and Netflix offsetting the boost to sentiment from stronger than expected activity data released overnight in China.
Bunzl revenue growth slows in Q1 as North America weighs
Distribution and outsourcing group Bunzl said on Wednesday that underlying revenue growth slowed in the first quarter, mostly due to its North America operations, as it announced the recent acquisition of Netherlands-based distributor Coolpack.