Market Report
Cradle Arc begins trading on AIM
African-focussed base and precious metals group Cradle Arc had its shares listed on AIM under its new name following the reverse takeover of Botswana's Mowana copper mine.
Retail property demand falls to six-year low
Demand for retail property continued to fall in the last three months of 2017, reaching its lowest level since 2011.
US close: Shares end mixed on China trade war fears; weaker dollar
US shares ended Wednesday on a mixed note as the Dow finished at record levels but the Nasdaq fell due to weak tech stocks. Worries over trade tensions with China and Treasury Secretary Steve Mnuchin's talking down of the dollar also contributed.
London close: Pound surges to post-Brexit high and wallop FTSE stocks
London blue chip stocks fell to their worse finish since Christmas on Wednesday as the pound surged to a post-Brexit high against the dollar after solid UK employment data.
Director dealings: Carclo CEO buys 100,000 shares following profit warning
Chris Malley, chief executive officer of technical plastics producer Carclo picked up £83,870 worth of shares in the group on Wednesday.
Europe close: Markets firmly in the red as Suez lies wounded
European shares finished lower on Wednesday, as the utilities sector was hit by a profits warning at France's Suez.
GE under investigation from US regulator after $6.2bn charge
General Electric is facing an investigation from the US Security and Exchanges Commission after it admitted to taking a $6. 2bn after-tax charge for insurance liabilities in the fourth quarter of last year.
Broker tips: Countrywide, Just Group, SSP Group
Expecting strategic announcements from Countrywide's first market update following its recent profit warning, analysts at Berenberg said if the firm could find room for investment to improve its competitive positioning, brighter days could be ahead.
NI's DUP proposes bridge or tunnel between Ireland and Scotland
The Democratic Unionist Party has called for a 25-mile bridge or tunnel between Portpatrick, Scotland and Galloway, Northern Ireland, capitalising on the renewed talk of cross-border bridges after one was proposed over the English Channel.
Analysts up expectations for SSP Group, price bit toppy for some
Barclays has upped its target price for SSP Group to 700p after the travel food outlet operator's encouraging first-quarter update.
Thursday preview: ECB's Darghi to face tough crowd, Diago and Asos results in focus
A European Central Bank policy update and a "far from easy" press conference for chief Mario Draghi in view of the single currency's current three-year highs, plus corporate statement from FTSE 100 giants Anglo American, Diageo and Sky, are likely to dominate the headlines on Thursday.
Berenberg upgrades Countrywide, reiterates target price
Expecting strategic announcements from Countrywide's first market update following its recent profit warning, analysts at Berenberg said if the firm could find room for investment to improve its competitive positioning, brighter days could be ahead.
Numis reiterates 'buy' on Just Group, sees share price overhang evaporating
Numis reiterated its 'buy' rating on retirement specialist Just Group on Wednesday, saying any discount in the share price for a stock overhang is likely to evaporate.
Faron's Traumakine approved as investigational new drug
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Wednesday that the US Food and Drug Administration (FDA) has approved the investigational new drug (IND) application for ‘Traumakine’ - its wholly-owned product for the treatment of acute respiratory distress syndrome (ARDS), which is part of the regulatory process towards Biologics License Application (BLA) submission.
Surge in pulp prices cripples James Cropper
Advanced materials and paper products group James Cropper issued a trading update on Wednesday, as it faced further headwinds in the rising cost of pulp.
FTSE 250 movers: Wetherspoons provides froth; Polymetal lacklustre
Pub group Wetherspoon provided investors with some cheer as the company said that year-to-date, underlying pre-tax profit was slightly ahead of its expectations.
US open: Stocks rally amid earnings deluge; Mnuchin comments weigh on dollar
US stocks rallied in early trade on Wednesday as investors digested a slew of earnings reports and some mixed data points, with the dollar under the cosh following comments from Treasury Secretary Steven Mnuchin.
US manufacturing sector kicks 2018 off in style - IHS Markit
Activity in the US manufacturing sector unexpectedly improved in January, according to preliminary figures out on Wednesday.
UK CPT offloads shopping centres to Shropshire Council
Guernsey-based investment firm UK Commercial Property Trust has completed the sale of its three retail centres in Shrewsbury town centre to Shropshire Council for roughly £51m, representing a small premium to book value.
Petrofac CEO handed supportive judgement over Italian insider trading charge
Petrofac's chief executive Ayman Asfari has been cleared by the UK High Court of insider trading in Italy, with the Italian authorities found to have not followed due process in allowing him to defend himself.