Latest News
Netflix misses forecasts for Q3 net new adds, sales and earnings
Netflix missed analysts' estimates for new subscriber additions and earnings in the third quarter, sending the streaming video giant's stock duly lower.
London close: Stocks finish weaker as pound rallies on Brexit hopes
London stocks finished well into negative territory on Wednesday, amid worries about the Covid-19 crisis and related restrictions and as sterling was boosted by the latest Brexit headlines.
Sector movers: Travel stocks, Aerospace and Defence issues pace losses
Travel and Leisure paced losses on the FTSE 350 on Wednesday, alongside a sharp drop for Aerospace and Defence.
Europe close: Investors take profits in travel and leisure names, ECB officials warn of risks
European shares retreated on Wednesday as investors booked profits on Travel and Leisure names after top euro area officials voiced a degree of caution on the economic outlook.
Sunak's job support scheme could leave 2m workers unprotected
Chancellor Rishi Sunak’s job support scheme is likely to protect just 17% of jobs in the UK at risk from redundancy, leaving 2m people unprotected, said the New Economics foundation on Wednesday.
Director dealings: Former Angling Direct CEO makes share sale
Angling Direct revealed on Wednesday that non-executive director Darren Bailey had disposed of 100,000 ordinary shares in the London-listed fishing supplies retailer.
Thursday preview: US Presidential debate, Unilever in the spotlight
Financial markets' focus on Thursday will be squarely on the US Presidential debate scheduled for after the close of markets in New York.
German bunds and US Treasuries under slight pressure ahead of presidential debate
Yields on longer-dated euro area government debt were a tad higher in the middle of the week, adding to the prior session's gains.
Broker tips: Learning Technologies, Superdry, IAG
Analysts at Canaccord Genuity upped their rating on software and services firm Learnings Technologies from 'hold' to 'buy' on Wednesday, stating the stock's recent sell-off was "overdone".
DX opens new freight depot in Burnley
Courier and logistics company DX announced the opening of a new depot in Burnley on Wednesday, as part of its expansion plans.
US Senate's McConnell dials back opposition to stimulus, Treasury yields edge higher
The leader of the Republican majority in the US Senate dialed back on his opposition to a fourth government stimulus package.
Wednesday broker round-up
Learning Technologies Group: Canaccord upgrades to buy with a target price of 150p.
Spectra Systems wins services contract with a central bank
Authentication and security company Spectra Systems has executed a “comprehensive services contract” with a central bank, it announced on Wednesday, for the development, manufacture and servicing of a sensor system for the customer.
Petards wins camera contract for Bombardier train fleet
Security and surveillance technology company Petards has been awarded a contract to supply Bombardier Transportation with its ‘eyeTrain’ systems, it announced on Wednesday.
Diurnal up as its partner advances Swiss authorisation for 'Alkindi'
Speciality pharmaceuticals company Diurnal Group announced on Wednesday that its marketing and distribution partner in Switzerland, EffRx Pharmaceuticals, has submitted a market authorisation application to Swissmedic for the registration of ‘Alkindi’, or hydrocortisone granules in capsules for opening, in the country.
US open: Stocks move higher as stimulus talks remain in focus
Wall Street stocks moved higher after the bell on Wednesday as White House chief of staff Mark Meadows said Nancy Pelosi and Steven Mnuchin had made "good progress" on reaching a stimulus agreement.
Manchester United revenue slides amid Covid-19 crisis
Manchester United has suffered a £71m hit from the Covid-19 pandemic, it revealed on Wednesday, as the football club reported its finances for the year.
Credit Suisse likes Renewables and Mining
Credit Suisse's strategy team set out the top ten investment opportunities that it spied in the global equity space.
FTSE 250 movers: Centamin slumps; retailers on the rise
London’s FTSE 250 was down 0. 4% at 17,862. 79 in afternoon trade on Wednesday.
Not the time for negative interest rates, says BoE's Ramsden
Bank of England deputy governor Dave Ramsden said on Wednesday that it wasn’t the time for negative interest rates.