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Harland & Wolff hits back at 'misleading' report over possible closure
UK shipbuilder Harland & Wolff has dismissed "misleading and inaccurate" suggestions that it could close after a newspaper report stated the government was about to block a financial support package to keep the Belfast firm afloat.
TUI halves first-half losses after record Q2
A record performance in the second quarter helped travel firm TUI grow first-half revenues by 15% and more than halve underlying losses, as it reconfirmed its guidance for the full year.
Wood Group rejects second takeover proposal from Sidara, shares tumble
Wood Group tumbled on Wednesday after saying it had rejected a second, improved £1. 5bn takeover proposal from Dubai-based engineering and consulting company Sidara.
Thursday preview: Philly Fed index, BT Group in the spotlight
Investors' focus on Thursday will be on a raft of economic reports due out in the States.
Europe close: Stocks at fresh highs as Eurozone exits recession, US CPI pleases
European shares pushed through to fresh record highs on Wednesday as the eurozone exited recession and US consumer prices dipped in year-on-year terms in April, as expected.
Broker tips: DCC, Shell
RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800. 0p from 5,700. 0p after the group published its full-year results a day earlier.
London close: Stocks green as US inflation comes in cooler
London markets ended on a positive note on Wednesday, with strong showings from the likes of Experian and Imperial Brands, as investors digested slower-than-expected consumer inflation figures out of the United States.
Sector movers: Stocks keep pushing higher as Gilt yields dip
Interest rate sensitive areas of the market were again to the fore on Wednesday, helping London's main stock market gauges set fresh record highs.
Thames Water investors set to quit boards - report
Representatives of Thames Water's multinational syndicate of shareholders are reportedly set to quit as directors of its corporate entities after refusing to inject the billions of pounds of funding required to bail it out.
US open: Stocks higher following CPI reading
Wall Street stocks were in the green early on Wednesday as market participants digested April's all-important consumer price index report.
FTSE 100 movers: Experian surges; Burberry falls on results
London’s FTSE 100 was up 0. 1% at 8,439. 32 in afternoon trade on Wednesday.
FTSE 250 movers: IDS surges on new EP offer; Georgia banks tumble on unrest
FTSE 250 (MCX) 20,784. 13 0. 80%.
Keller shares surge after earnings upgrade
Shares in Keller surged by 20% after the geotechnical engineer said its annual earnings would be "materially ahead" of expectations after a strong performance in the first four months of the year.
April US retail sales undershoot forecasts
American consumers reined in their spending last month, especially on motor vehicles and parts, as well as online.
US CPI increases 0.3% in April
Consumer goods and services prices increased 0. 3% in April, according to the Bureau of Labor Statistics, principally due to higher oil prices and housing costs.
Royal Mail owner IDS recommends revised £3.5bn takeover offer from EP Group
Shares in Royal Mail owner International Distributions Services (IDS) surged on Wednesday afternoon after its board recommended a revised offer from billionaire Daniel Křetínský's EP Group which values the company at £3. 5bn.
Top Mission Group shareholder says Brave Bison bid ‘highly unattractive’
A top Mission Group shareholder said on Wednesday that Brave Bison’s 29p-a-share takeover offer for the digital marketing agency was "highly unattractive".
Clontarf shares pop on progress in Bolivia
Clontarf Energy shares were surging on Wednesday, as it reported significant progress in in Bolivia's lithium sector.
Commerzbank ups NII guidance after stellar Q1
German banking group Commerzbank has raised its forecast for net interest income by €200m after a strong performance in the first three months of the year – its best quarter in more than a decade.
Berenberg raises target price on Shell
Analysts at Berenberg raised their target price on energy giant Shell from 2,950. 0p to 3,400. 0p on Wednesday, stating the group was "still on the right track".