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Broker tips: Harbour Energy, Intercontinental Hotels, Marlowe, Flutter Entertainment
Berenberg upgraded Harbour Energy on Wednesday to 'buy' from 'hold' and lifted its price target on the stock to 360. 0p from 280. 0p as it said that cash flow supports higher returns.
Director dealings: 1Spatial CFO makes share purchase
1Spatial revealed on Wednesday that chief financial officer Stuart Ritchie had acquired 17,700 ordinary shares in the AIM-listed software and solutions firm.
US open: Dow extends rally, S&P 500 falls from record
Wall Street stocks were mixed early on Wednesday as the S&P 500 fell from its record close.
Jefferies downgrades IHG to 'hold', raises target price
Analysts at Jefferies lowered their rating on hospitality giant Intercontinental Hotels from 'buy' to 'hold' on Wednesday but raised their target price on the stock from 6,400. 0p to 8,400. 0p.
US mortgage applications increase 7.1%
US mortgage applications increased by 7. 1% in the week ended 8 March, according to the Mortgage Bankers Association of America, cooling off slightly from the prior week's 9. 7% rise.
US open: Futures mixed following CPI reading
Wall Street futures were mixed ahead of the bell on Wednesday after the S&P 500 closed at a fresh record high in the previous session.
Adidas FY sales fall short of estimates
German sportswear giant Adidas reported full-year results that fell short of estimates on Wednesday as a result of the loss of its very profitable Yeezy line following the cessation of its long-running collaboration with Kanye West.
MusicMagpie FY pre-tax losses widen, reports strong Q1 trading
Online retailer MusicMagpie said on Wednesday that pre-tax losses had widened in the 12 months ended 30 November 2023 but said it "remains confident" about future prospects following strong trading in the first quarter of the new trading year.
Ferrexpo delays FY results, Ukrainian hearing postponed
Mining company Ferrexpo said on Tuesday that following discussions with its auditors, more time was needed to finalise its full-year financial results.