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FTSE 250 movers: Wood up on bid rebuff; Renishaw slides after downgrade
FTSE 250 (MCX) 20,424. 70 0. 06%.
Mike Ashley's Fraser close to tie-up with Ted Baker - report
Mike Ashley is reportedly close to securing a deal to become the new British partner of struggling UK fashion chain Ted Baker.
Europe midday: Investors shrug off German data; DAX and FTSE march on
European shares extended gains at midday on Wednesday amid another dump of corporate earnings and a smaller-than-expected fall in German industrial output.
Europe open: Shares rise amid corporate results, German data
European shares rose at the open on Wednesday amid another dump of corporate earnings and a smaller-than-expected fall in German industrial output.
Direct Line Q1 premiums up on price hikes
UK insurer Direct Line on Wednesday reported a large rise in first-quarter written premiums as it hammered consumers with price hikes.
Renishaw lowers upper end of FY revenue, profit guidance
Technical instruments maker Renishaw on Wednesday lowered the upper end of full-year guidance amid what it described as “mixed” markets as earnings fell over the first nine months of its financial year.