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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.
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.
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.
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".
US mortgage applications rise 0.5%
US mortgage applications rose 0. 5% in the week ended 10 May, according to the Mortgage Bankers Association of America, following on from a 2. 6% jump in the previous week.
US pre-open: Futures little changed ahead of CPI reading
Wall Street futures were little changed ahead of the bell on Wednesday as market participants held their breath for last month's all-important consumer price index report.
DSW Capital FY adjusted pre-tax profits fall
Professional services business DSW Capital said on Wednesday that adjusted pre-tax profits had contracted in the year ended 31 March but said network revenues and total income from licensees were expected to be in line with current expectations.
4Global FY revenues seen higher on strong H2 trading performance
Data and technology company 4Global said on Wednesday that full-year revenues were on track to grow following a "strong" H2 trading performance.
Redde Northgate FY24 trading finishes 'positively'
Vehicle rental and repair services business Redde Northgate said on Wednesday that it had finished FY24 "positively", continuing the trends seen in the first half, with vehicle supply continuing to improve.
TP Icap Q1 revenues down against strong comparator
Financial services firm TP ICAP said on Wednesday that revenues were down year-on-year in the three months ended 31 March against a strong Q123 performance.