Latest News
Glaxo upgrades FY EPS guidance after strong Q3
GlaxoSmithKline upgraded its full-year earnings per share guidance on Wednesday as it posted a jump in third-quarter sales.
General Motors Q3 earnings beat estimates
Carmaker General Motors beat Wall Street estimates with its third-quarter earnings and revenues on Wednesday and said its full-year results were now on track to be at the "high end" of previous guidance.
Berenberg lowers Petra Diamonds to 'hold'
Analyst at Berenberg downgraded Petra Diamonds from 'buy' to 'hold' on Wednesday, stating now was the time to take some profit.
Real euro area 'narrow money' growth falling, pointing to slower growth
Money supply growth in the single currency bloc continued to slow in September and in real terms pointed to further downside risks for economic growth, economists said.
Coca-Cola Q3 earnings and sales top estimates
Consumer products giant Coca-Cola posted third-quarter earnings and sales on Wednesday that topped estimates, leading the firm to hike its full-year outlook yet again.
German import prices rise at their fastest pace since second oil price crisis
German import prices rose at their fastest clip since the second oil price crisis of 1981 in September.
ULS Technology narrows interim pre-tax losses
Online digital platform operator ULS Technology said on Wednesday that interim pre-tax losses were lower than expected as revenues from continuing operations increased year-on-year.
US pre-open: Futures mixed amid earnings onslaught
Wall Street futures were pointing to a broadly flat open ahead of the bell on Wednesday as investors prepped for a veritable array of quarterly earnings reports.
Santander UK posts surge in nine-month profits, cautious on outlook
Santander UK saw profits before tax leap over the first nine months of the year, alongside an improvement in the lender's net interest margins and a big drop in costs.
London midday: Stocks edge lower ahead of widely-leaked Budget
London stocks had edged a little lower by midday on Wednesday amid weakness in the mining sector, as investors eyed the well-leaked autumn Budget.
Europe midday: Shares lower on mixed earnings
European stocks were lower on Wednesday as investors awaited the UK Budget and mulled mixed earnings reports.
Coral Products flags 'very strong' first half despite logistics issues
Coral Products reported a “very strong” first half in a trading update on Wednesday, saying it would report sales and profit before tax “substantially ahead” of the same time last year.
Bitcoin falls to pre-ETF lows below $60,000
Bitcoin suffered sharp falls on Wednesday, losing $60,000 and then $59,000 in the blink of an eye, after being locked in a narrow trading range in recent days between $60,000 and $63,000. Meanwhile, the extremely bullish sentiment seems to be taking a breather. The drops are down 7% for the queen of cryptocurrencies up to October 15 minimums, prior to the launch of the US ETFs, while the rest of the market is also in the red and the total capitalization losses are more than $120 billion, up to $2.
Asia report: Markets fall as China industrial profits soar
Stock markets in Asia closed weaker on Wednesday, as investors digested the latest manufacturing data out of China, as well as inflation figures from Australia.
Vianet revenues recover strongly in H1
Actionable data and business insight provider Vianet Group said on Wednesday that revenues had recovered strongly during the first half of the trading year.
On The Beach reports 'suppressed trading' in the second half
On The Beach said on Wednesday that it had experienced "suppressed trading" in the second half of the year due to Covid disruptions.
Redcentric interim performance in line with expectations
IT managed services provider Redcentric said on Wednesday that trading for the six months ended 30 September was projected to have been in line with expectations.
Team17 launches app for children with Lego and Marvel
Video games label, developer and creative services provider Team17 announced on Wednesday that its StoryToys subsidiary was launching a Lego Duplo Marvel mobile app alongside the Lego Group and Disney division Marvel Entertainment.
Sumo Group revises and expands Clydesdale Bank facility
Video games and entertainment design, development and publishing service provider Sumo Group has agreed a revised revolving credit facility with Clydesdale Bank, it announced on Wednesday.
Pandemic reading habits continue to lift Bloomsbury earnings
Bloomsbury Publishing reported a 29% improvement in revenue in its unaudited interim results on Wednesday, to £100. 7m, while profit before tax rocketed 265% to £11. 1m.