Full List Of Stories
FTSE 100 movers: Sage surges on results; Vistry in the red
London’s FTSE 100 was down 0. 1% at 8,088. 58 in afternoon trade on Wednesday.
US open: Stocks fall ahead of Nvidia Q3 earnings
US stocks fell in early trade on Wednesday as investors eyed third-quarter results from tech giant Nvidia, and as geopolitical tensions with Russia rumbled on in the background.
Xaar CFO Ian Tichias resigns
Inkjet printing technology group Xaar said on Wednesday that chief financial officer Ian Tichias has resigned "to pursue other opportunities".
London midday: FTSE flat as investors mull higher-than-expected inflation
London stocks had pared earlier small gains to trade flat by midday on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month.
Churchill China tumbles after profit warning
Shares in Churchill China tumbled on Wednesday as it warned that 2024 profit would be "materially below" market expectations and the outlook for 2025 will also be affected, as global hospitality markets remained "subdued".
Softcat first-quarter trading in line, customer demand ‘resilient’
IT infrastructure and services provider Softcat said on Wednesday that first-quarter trading was in line with guidance.
London open: Stocks edge up as inflation jumps past BoE target
London stocks edged higher in early trade on Wednesday as higher-than-expected UK inflation fuelled expectations the Bank of England will refrain from cutting rates next month.
Helios Towers slumps as ATP offloads 50.6m shares in placing
Helios Towers fell on Wednesday after investor Arbejdsmarkedets Tillægspension (ATP) - Denmark’s largest lifelong pension plan - sold around 50. 6m shares in the company in a placing for approximately £48m.
Britvic full-year profits, revenue rise amid strong consumer demand
Drinks maker Britvic - which is in the process of being taken over by Carlsberg - hailed "another outstanding performance" on Wednesday as it pointed to strong consumer demand.
UK inflation rises more than expected amid higher energy bills
UK inflation jumped past the Bank of England’s target in October after energy bills rose, according to data released on Wednesday by the Office for National Statistics.
London pre-open: Stocks to rise as UK CPI jumps past BoE target
London stocks were set to rise at the open on Wednesday as investors mulled the latest UK inflation reading and looked ahead to earnings from US tech giant Nvidia.
Wednesday newspaper round-up: Aviva Investors, HSBC, car finance
One of the UK’s biggest pension funds has lost more than £350m on a series of “calamitous” investments in incinerator power plants that are expected to go bust in the coming days. The Guardian understands that Aviva Investors will put three incinerators into administration this week after pouring millions of pounds into what has been described as the country’s “dirtiest form of power generation”. – Guardian.
FTSE 100 movers: Imperial Brands gains on results; IAG flies lower
London’s FTSE 100 was down 0. 4% at 8,080. 19 in afternoon trade on Tuesday.
Jefferies hikes price target on DCC, says ‘simplicity can unlock value’
Jefferies hiked its price target on buy-rated DCC on Tuesday after the sales, marketing and support services group announced last week that it was planning to simplify its operations and focus on the energy sector.
BT Group gains as Bharti completes acquisition of 24.5% stake
BT Group gained on Tuesday after India’s Bharti Global completed the acquisition of a 24. 5% stake in the telecoms company from France’s Altice.
London midday: Stocks turn lower; Nvidia, UK inflation eyed
London stocks had fallen into the red by midday on Tuesday as investors eyed the latest UK inflation reading and results from US tech giant Nvidia, and as caution set in after Russia changed its nuclear doctrine.
JPMorgan reiterates ‘overweight’ on Just Group, lifts price target
JPMorgan Cazenove reiterated its ‘overweight’ rating on Just Group on Tuesday and lifted the price target to 200p from 190p after it completed a £1. 8bn full buy-in with the Trustee of the G4S Pension Scheme, covering the benefits of around 22,500 members.
RBC Capital starts Sainsbury’s at ‘outperform’, Tesco at ‘sector perform’
RBC Capital Markets initiated coverage on Sainsbury’s and Tesco on Tuesday, saying it sees "attractive" growth prospects for the two major UK listed grocery retailers.
Revolution Beauty swings to loss as revenue slides
Revolution Beauty said on Tuesday that it swung to a loss in the first half as revenue slumped but also hailed good progress with its cost savings programme.
Mulberry to 'streamline operations' as losses widen
Luxury handbag maker Mulberry said on Tuesday that it was taking steps to "streamline operations" as it reported a 19% drop in first-half revenue and a widening of its losses, pointing to a "difficult" trading environment.