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US close: Stocks sharply lower following Q2's first big-name tech earnings
Wall Street stocks closed sharply lower on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
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Broker tips: Volution, Nexteq
Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600. 0p from 500. 0p on Wednesday following the group's full-year trading update.
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Director dealings: Jubilee Metals CEO raises stake
Jubilee Metals revealed on Wednesday that chief executive officer Leon Coetzer had acquired 625,000 ordinary shares in the Africa-focussed metals processor.
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US open: Stocks lower following tech earnings, data
Wall Street stocks were firmly in the red early on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
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Tortilla Mexican Grill warns on FY profits
Shares in fast-food restaurant chain Tortilla Mexican Grill slumped on Wednesday after the group warned that steps taken to boost profitability were taking longer than expected to bear fruit.
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US pre-open: Futures lower following first batch of Q2 tech earnings
Wall Street futures were pointing to losses ahead of the bell on Wednesday after investors got their first taste of Q2 big tech earnings overnight.
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Learnings Technologies H1 revenues down, EBITDA up
Digital learning specialist Learning Technologies warned on Wednesday that its core market remained "subdued" during H1 but said margin improvements helped boost earnings throughout the period.
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Berenberg raises target price on Volution
Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600. 0p from 500. 0p on Wednesday following the group's full-year trading update.
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LBG Media H1 earnings more than double YOY
Digital entertainment business LBG Media said on Wednesday that both earnings and revenues had surged in the six months ended 30 June, leaving it confident of its ability to meet full-year expectations.
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Canaccord Genuity lowers target price on Nexteq
Analysts at Canaccord Genuity lowered their target price on B2B technology group Nexteq from 300. 0p to 200. 0p on Wednesday despite "strong margins and cash", noting that destocking persisted.
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Corero Network Security expects positive H1 EBITDA performance
Software specialist Corero Network Security expects to report a positive EBITDA performance for H1 following "strong trading" throughout the period.
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Shield Therapeutics net sales grow in Q2, CEO stands down
Commercial-stage pharmaceutical company Shield Therapeutics said on Wednesday that total net sales had grown in Q2, driven by "robust" increases in prescriptions and higher net selling prices.