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Pendragon launches review as it posts loss amid 'challenging' conditions
Car dealership Pendragon said on Wednesday that it had launched a review of its operations and financial prospects as it reported a loss for the three months to the end of March 2019.
Netflix earnings, subscriber additions beat estimates
Streaming giant Netflix reeled in more new subscribers in the first three months of the year than it had ever before, adding 9. 6m new users.
Segro says business continued to perform well during first quarter
Property developer Segro told shareholders on Wednesday that the business "continued to perform well" during the first quarter.
London open: Stocks slip as investors mull China data; UK inflation in focus
London stocks were a little lower in early trade on Wednesday despite the release of better-than-expected Chinese growth figures, as investors looked ahead to UK inflation data.
Hunting Q1 profits up despite lower margins at Titan
Oilfield services firm Hunting on Wednesday said first-quarter core profit was in line with expectations although margins fell at the US Titan unit due to increased competition.
Countryside Properties on track for full year; COO steps down
Housebuilder Countryside Properties said on Wednesday that it was on track to deliver full-year results in line with expectations as it posted a 43% jump in first-half completions and announced the departure of its chief operating officer.
Chinese industrial production jumps in March, amid stable Q1 GDP growth
Economic activity in China was stable at the start of 2019, amid a sharper-than-expected pick up for industrial production and retail sales in March.
DS Smith to sell two packaging firms to Intl Paper for €63m
DS Smith said it had reached agreement for the proposed sale of two packaging businesses in North Western France and Portugal to International Paper €63m (£54m).
BHP cuts iron ore forecasts after Australia cyclone
BHP cut iron ore output forecasts on Wednesday, reflecting the impact of tropical cyclone Veronica in Western Australia, which also hit production at sector peer Rio Tinto.
BHP cuts iron ore forecasts, DS Smith sells two businesses to rival International Paper
London open The FTSE 100 was being called to start the session seven points lower to 7,463.
London pre-open: Stocks to edge lower after China data, ahead of UK inflation
London stocks were set for a slightly weaker start on Wednesday as investors mulled the release of better-than-expected Chinese growth figured and looked ahead to UK inflation data.
Wednesday newspaper round-up: Asda, Intel, Netflix, Mastercard
The global financial system faces an existential threat from climate change and must take urgent steps to reform, the governors of the Bank of England and France’s central bank have warned, writing in the Guardian. In an article published in the Guardian on Wednesday aimed at the international financial community, Mark Carney, the Bank’s governor, and Villeroy de Galhau, the governor of the Banque de France, said financial regulators, banks and insurers around the world had to “raise the bar” to avoid catastrophe.
US close: Markets finish higher as investors cheer Bank of America
Wall Street finished its session in the green on Tuesday, as investors thumbed over more key earnings, including those from banking giant Bank of America.