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JP Morgan stays 'overweight' on Reckitt Benckiser, spies near-term catalysts
Analysts at JP Morgan reiterated their 'overweight' recommendation for shares of Reckitt Benckiser ahead of the consumer goods giant's Investor Day on 23 September.
FTSE 250 movers: Restaurant Group retreats; Tullow pushes higher
London’s FTSE 250 was down 0. 9% at 23,482. 67 in afternoon trade on Wednesday.
FTSE 100 movers: Oil majors gush higher; Just Eat loses ground
London’s FTSE 100 was up 0. 1% at 7,038. 12 in afternoon trade on Wednesday.
House prices stall as stamp duty holiday is phased out
UK house prices softened in July, official data showed on Wednesday, as the stamp duty holiday began to be phased out.
FCA to crack down on investment harm
The Financial Conduct Authority is to crack down on scams in the £1. 6trn consumer investment market, it was announced on Wednesday.
Liberum reinitiates coverage of Rightmove at ‘buy’
Liberum reinitiated coverage of Rightmove on Wednesday with a ‘buy’ rating, up from ‘hold’ previously, and a price target of 820p, up from 535p.
Fever-Tree raises toast to strong first half
Shares in Fever-Tree Drinks fizzed on Wednesday after the soft drinks firm reported a jump in first-half sales and earnings.
Charlie Mullins looking to sell Pimlico Plumbers - report
Pimlico Plumbers founder Charlie Mullins is reportedly looking to sell the business after 42 years.
US pre-open: Major indices attempt to regain some of September's losses
Wall Street futures were in the green ahead of the bell on Wednesday after major indices turned in another losing session a day earlier.
Renewables Infrastructure to raise £200m
The Renewables Infrastructure Group is to raise £200m by issuing new shares, the investment firm said on Wednesday, to pay down amounts drawn under its revolving credit facility and to fund investment in Iberia.
Europe midday: Stocks fall after disappointing China data
European stocks had fallen by midday on Wednesday as investors sifted through disappointing Chinese data and the latest UK inflation reading.
London midday: Stocks steady after China data, UK inflation
London stocks were still little changed by midday on Wednesday as investors mulled a raft of disappointing data out of China and the latest UK inflation figures.
Inditex back in fashion as sales soar
Inditex saw sales bounce back in the first half, the owner of Zara said on Wednesday, helping profits hit "historic highs".
Pendragon swings to first-half profit, beats expectations
Car dealership Pendragon said on Wednesday that it swung to a profit in the first half, boosted by its digital offering.
China's economic recovery falters as Covid cases rise
China’s economic recovery continued to falter in August, official data showed on Wednesday, as rising Covid rates and fresh lockdowns weighed heavily.
*DJ Primo Water to Buy Minority Interest in Sipple Hydration Stations
2021 Dow Jones & Company, Inc.
Character Group FY outcome impacted by logistics challenges and heightened costs
Toymaker Character Group said on Wednesday that its full-year outcome had been affected by global logistics challenges and higher raw material and labour costs.
DJ BSE: Phoenix Mills Ltd. - Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
The following is a press release from The Stock Exchange, Mumbai: This is further to our letter dated September 14, 2021, wherein we had given an intimation of interaction with Analyst/Institutional Investor.
Shearwater secures contract renewal with unnamed UK telco
Software company Shearwater Group said on Wednesday that its Brookcourt Solutions unit has secured a one-year contract renewal with a value of roughly £1. 0m with an unnamed British telecommunications and media company.
DarkTrace lifts FY22 revenue expectations, shares rally
DarkTrace shares surged on Wednesday after the cybersecurity firm lifted its expectations for FY22 amid solid demand.