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FTSE 250 movers: Computacenter surges; Aggreko hit by broker note
London’s FTSE 250 was up 0. 5% at 17,687. 47 in afternoon trade on Wednesday.
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FTSE 100 movers: Housebuilders gain; gold miners lose their shine
London’s FTSE 100 was up 1. 3% at 5,939. 91 in afternoon trade on Wednesday.
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Altice USA offers to buy Canada's Cogeco for CAD10.3bn
Broadband communications and video services provider Altice USA has offered to buy Canadian telecommunications and media group Cogeco for around CAD10. 3bn in cash.
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Morgan Stanley initiates coverage of Aggreko at 'underweight'
Aggreko was under the cosh on Wednesday as Morgan Stanley initiated coverage of the stock at ‘underweight’ with a 400p price target.
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London midday: Stocks maintain gains as housebuilders rally
London stocks were still firmly in the black by midday on Wednesday, with housebuilders pacing the gains following well-received results from Barratt Developments and an upbeat survey from Nationwide.
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House prices hit all-time high in August - Nationwide
UK house prices reached a new all-time high in August thanks in part to pent-up demand following Covid-19 restrictions, according to mortgage lender Nationwide.
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Mulberry delays full-year results, pins blame on home working
Luxury handbag maker Mulberry has delayed the release of its full-year results, pinning the blame on home working amid the Covid-19 pandemic.
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London open: Housebuilders pace gains as investors eye ADP report
London stocks rose in early trade on Wednesday, with housebuilders pacing the gains following well-received results from Barratt Developments and an upbeat survey from Nationwide.
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Domino's Pizza appoints Neil Smith as permanent CFO
Domino's Pizza said on Wednesday that it has appointed interim chief financial officer Neil Smith to the role on a permanent basis.
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Ryanair traffic slumps 53% in August as Covid dents travel
Ryanair reported a 53% decline in August passenger numbers on Wednesday, with the budget airline operating around 60% of its normal schedule as the Covid-19 pandemic dented air travel.
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London pre-open: Stocks seen higher ahead of US ADP report
London stocks were set to rise at the open on Wednesday, taking their cue from an upbeat performance on Wall Street, having fallen to a three-month low in the previous session due to sterling strength.
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Wednesday newspaper round-up: Commuters, broadband speeds, Debenhams
The morning flow of commuters arriving at Canary Wharf, London’s financial district, was a trickle on Tuesday rather than the torrent traditionally associated with the end of summer return to work. Sparse numbers of suited and smartly dressed workers emerged from the underground station, clutching their morning takeaway coffees, destined for the corporate headquarters of banks, financial services companies and law firms. – Guardian.