Latest News
Asia downturn and forex causing headaches for Renishaw
Revenue at Renishaw fell in the third quarter, the company revealed on Wednesday, to £109. 6m from £145. 9m a year earlier.
US pre-open: Stock futures fall on lack of drivers
US stocks were expected to open lower on Wednesday amid a lack of catalysts.
SEGRO adds EUR 110m credit through refinancing
Industrial property investor SEGRO announced on Wednesday that it has agreed amended bank facilities totalling €780m (£614m).
Europe midday: Bank and media stocks lead falls
European stocks gave back much of their gains from the previous days as Banks and Media stocks acted as a drag.
Savills confirms property activity slowdown pre-EU vote
Savills confirmed UK commercial and residential property activity has slowed in the run up to the UK's European Union referendum, but that its expectations for the year remain unchanged.
London midday: Stocks fall on oil price slide, worse-than-expected UK data
London stocks declined on Wednesday as oil prices fell and as UK manufacturing and industrial production data missed forecasts.
Numis bumps Cape up to a buy
A recent pull-back in the shares of Cape may have thrown up a 'window of opportunity' for investors in Cape, Numis said.
Numis reiterates 'hold' rating for Compass
Numis reiterated a ‘hold’ rating and target price of 1,150p for Compass after the food service company reported its first half results.
Heathrow vows to reduce night flights and limit noise with expansion plans
Heathrow Airport on Wednesday said it would reduce night flights and limit noise and air pollution if given the 'green light' to build a third runway.
Canaccord stays at hold on Barratt Developments
Barratt Developments delivered a solid trading update, with management expressing confidence with respect both to the recent trading and the outlook, Canaccord Genuity said.
Asia report: Volatile oil makes for choppy trading
Markets in Asia made for choppy trading on Wednesday, following oil’s sliding lead as the yen pushed against the dollar.
William Hill disappoints again as online remains in doghouse
William Hill assured that trading has stabilised since its shock profit warning in March, but a mixed trading update did not impress analysts and investors much.
Newly-combined JRP Group says it's steady
JRP was looking strong as it chugged into the new calendar year, as the FTSE 250 group issued its first combined report as a merged company on Wednesday.
UK industrial sector slips back into recession after weak manufacturing rally
UK industrial output growth returned to growth in March, according to the Office for National Statistics, but at a slower rate than economists had predicted after a weak start to the year.
Europe open: Stocks tread water in heavy day for government debt auctions
European stocks got off to a soft start on Wednesday, giving back some of the previous session's gains as crude oil futures came under pressure.
Wood Group expects 2016 earnings to fall by a fifth
John Wood Group said it expects full year earnings will fall around 20%, in line with current market expectations.
OneSavings Bank adds £460m to loan book in Q1
Challenger lender and retail savings group OneSavings Bank describes its financial and operational performance in the year to date as “strong” on Wednesday, with new loans and advances growing £460m in the first quarter.
Oil futures under pressure as Canadian output expected to start gradual recovery
Crude oil futures gave back some of the previous day's gains following reports that Canadian oil sands firms were already looking to start production, even as the wildfires in Alberta continued to rage.
London open: Stocks fall as oil prices reverse gains
London stocks fell on Wednesday as oil prices reversed gains in the previous session and as investors awaited industrial and manufacturing data.
National Express makes 'strong start' to 2016
Passenger transport group National Express reported on a “strong start” to the year on Wednesday, updating the market on its operations for the first four months of 2016.