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US close: Stocks mixed following October CPI reading
Wall Street stocks delivered a mixed performance on Wednesday as market participants digested fresh inflation data.
Broker tips: Oxford Instruments, Serco
Analysts at Berenberg lowered their target price on manufacturing and research company Oxford Instruments from 2,925. 0p to 2,830. 0p on Wednesday, citing a "strong underlying performance".
Director dealings: Jadestone CEO snaps up shares
Jadestone Energy revealed on Wednesday that chief executive Alexander Blakeley had acquired 443,100 ordinary shares in the AIM-listed upstream production company.
Berenberg lowers target price on Oxford Instruments
Analysts at Berenberg lowered their target price on manufacturing and research company Oxford Instruments from 2,925. 0p to 2,830. 0p on Wednesday, citing a "strong underlying performance".
US open: Stocks mixed following October CPI reading
Wall Street trading got off to a mixed start on Wednesday as market participants digested fresh inflation data.
US CPI rises by 0.2pc in October
The US consumer price index increased to 315. 66 points in October, according to the Bureau of Labor Statistics, up from 315. 30 points in September.
US mortgage applications rise just 0.5pc
US mortgage applications rose 0. 5% in the week ended 8 November, according to the Mortgage Bankers Association of America, principally due to a 72 basis point surge in benchmark interest rates since the beginning of Q4.
US pre-open: Futures trade lower ahead of CPI reading
Wall Street futures were in the red ahead of the bell on Wednesday as market participants awaited fresh inflation data.
Craneware sees 'positive momentum' carry over into FY25
Software firm Craneware confirmed on Wednesday that the "positive momentum" seen in FY24 has continued into the current year, with prior investments supporting continued revenue and underlying earnings growth.
Boku inks new agreement with Amazon Japan
Mobile payments firm Boku revealed on Wednesday that it has struck a new commercial agreement to supply digital wallet and other local payment methods to Amazon Japan.
Biome Technologies warns on revenues
Bioplastics and radiofrequency technology business Biome Technologies warned on Wednesday that full-year revenues now looked set to be lower than originally expected.
Cordel secures two new contract wins
Artificial intelligence platform operator Cordel Group said on Wednesday that it has secured two new contract wins.
Dowlais shares surge following trading update
Specialist engineering group Dowlais said on Wednesday that year-to-date trading was in line with expectations and that its full-year outlook remained unchanged.