Shares in Amiad Water Systems dropped on Wednesday after the company reported a decline in interim profits as currency fluctuations and sales mix issues hit its gross margins.
Analysts at Berenberg upped their target price on 'buy' rated JD Sports from 700p to 800p on Wednesday, stating the group was in "a league of its own" while highlighting the retailer's free cash flow and telling clients worrying that they had 'missed the boat' that the stock's valuation was still impressive.
European stocks were higher at lunchtime on Wednesday as China confirmed tariff exemptions on some US goods and investors eyed Thursday's meeting of the European Central Bank.
The UK parliament was unlawfully suspended by Prime Minister Boris Johnson, Scotland’s highest civil court ruled on Wednesday.
China confirmed it would exempt 16 categories of US goods from 25% tariffs that it imposed on roughly $50bn worth of imports last summer.
Renew Holdings: Peel Hunt initiates at buy with a target price of 500p.
Chemring backed its full-year expectations on Wednesday as it said that its US subsidiary has won four new contracts.
Fashion retail giant Inditex reported a 10% rise in first half net profit to €1. 5bn on Wednesday as a warm European summer helped to lift sales.
US stock futures pointed to another mixed session on Wall Street on Wednesday as the focus shifted back to trade relations between China and the US.
Hardwood products manufacturer Woodbois saw first half gross profits soar and total losses narrow, putting the group on track to turn cash-flow positive.
Asian markets were mixed on Wednesday as concerns about trade relations between the US and China receded.
London stocks had extended gains by midday on Wednesday, with deal news providing an added boost as worries about Sino-US trade relations eased.
BMW workers in the Mini plant in Oxford will take unpaid leave for two weeks or more in the case of a no-deal Brexit due to major disruptions in the carmaker’s business, the company said.
Property website On The Market said it had signed a portal listing and additional advertising agreement with Britain's largest housebuilder, Barratt Developments.
US President Donald Trump on Tuesday fired national security adviser John Bolton, saying he "disagreed “strongly” with the controversial foreign policy hawk.
Fashion retailer New Look narrowed losses in the first quarter as it reaped the rewards of a recent restructuring programme, but sales declined.
Citi reiterated its 'buy' rating AstraZeneca on Wednesday, lifting the price target to 10,000p from 7,000 as it said the market continues to under-appreciate the commercial potential and operating leverage from drugs such as Tagrisso, Lynparza, roxadustat and Farxiga.
Exploration outfit 88 Energy announced plans to raise up AUD $10m (£5. 6m) on Wednesday through a discounted share placing.
European stocks started higher as China confirmed tariff exemptions on some US goods and investors eyed Thursday's meeting of the European Central Bank.
Performance nutrition group Science in Sport appointed James Simpson to the role of chief financial officer on Wednesday, effective 26 September.