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Venture Life makes good progress with brand portfolio in first half
Self-care products company Venture Life Group updated the market on business developments in its first-half on Wednesday, reporting that it saw continued success in expanding the reach of its brand portfolio in the period.
Arc Minerals upbeat on latest drill results from Cheyeza target
Arc Minerals announced a further set of drill results from its maiden drill programme at the Cheyeza target area in Zambia on Wednesday, reporting that CHDDE005, or ‘hole 5’, intersected 28. 50 metres at 1. 32% copper from 18. 6 metres.
UK Defence companies "looking more interesting (with caveats)', JP Morgan says
Analysts at JP Morgan reiterated their "selectively positive" stance on European Civil Aerospace, labelling Rolls Royce (Underweight; target price: 650. 0p) as one of its two top ideas in the sector while keeping Ultra Electronics (Overweight; target price: 1,820. 0p) as its top pick.
FTSE 100 movers: Burberry gains again; Johnson Matthey under the cosh
London's FTSE 100 was down 0. 4% at 7,550. 39 in afternoon trade on Wednesday as investors mulled the latest UK inflation data.
Warehouse REIT adds two more industrial properties to portfolio
Specialist warehouse investor Warehouse REIT announced the completion of two new acquisitions on Wednesday, as it continued to grow its portfolio of urban warehouse assets following the successful capital raise in April, which created more than £120m of “acquisition firepower”.
Ariana Resources pleased with production at Kixiltepe in second quarter
Gold exploration and development company Ariana Resources released its preliminary production results for the quarter ended 30 June for the Kiziltepe Mine on Wednesday, reporting gold production of 6,438 ounces - down from 7,296 ounces in the first quarter, but exceeding average annualised quarterly guidance by 3%.
AMSL cheers investors with above-guidance second-quarter numbers
Shares in ASML sparked 5% on Wednesday, after the Dutch semiconductor equipment specialist predicted a year of growth despite a dip in second-quarter sales.
Italian financial police seize Atlantia board minutes
Italian financial police on Wednesday seized board meeting minutes of Atlantia, whose subsidiary operated the Morandi bridge in Genoa that collapsed last year, killing 43 people.
Alliance Pharma revenues increase as product portfolio grows
Healthcare group Alliance Pharma saw its revenues improve over the first half of its trading year with sustained growth across its product portfolio driven by the firm's continued focus on both international expansion and on higher growth, consumer healthcare products.
Generation rent faces housing crisis when they retire
Thousands of people in the UK could be facing homelessness when they retire due to the rising costs of renting and the lack of affordable housing.
US housing starts little changed in June
US housing starts were little changed last month although the details of the report were mixed.
House prices in London fall at fastest rate for a decade
House prices fell sharply in London to a near-10 year low in May, as Brexit jitters weighed on the capital’s housing market.
Jefferies cuts recommendation on Burberry despite bumper first quarter
Jefferies has downgraded Burberry, despite the luxury fashion brand reporting a bumper start to the year.
Ideagen's revenue leaps as SaaS transition steams ahead
Ideagen on Wednesday reported a jump in annual sales on the back of higher recurring revenues, though profits were flat following an increase in costs.
Wednesday broker round-up
Burberry Group: Jefferies downgrades to underperform with a target price of 2,000p.
Premier Foods sales rise, FY guidance reaffirmed
Mr Kipling and Batchelors owner Premier Foods reported a rise in first-quarter sales on Wednesday as it reaped the benefits of an advertising campaign, and backed its full-year guidance.
Europe midday: Stocks dip amid ongoing trade nervousness, Autos&Parts weak
Stocks across the Continent were trading slightly lower shortly after midday on the back of possible signs that Washington and Beijing might be digging in for a protracted stand-off, although the main market gauges remained off the worst levels of the session that they had hit just after the open.
Von den Leyen elected as EU commission president
German defence minister Ursula von der Leyen was on Tuesday confirmed as the European Commission’s first female president.
EU opens anti-trust probe into Amazon over data use
The EU on Wednesday launched a formal investigation into how Amazon uses data from independent merchants selling products on its websites.
Asia report: Most markets finish lower amid Trump threats on China trade
Markets in Asia finished mostly lower on Wednesday, as investors digested fresh developments in the ongoing trade war between the US and China overnight.