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Jiasen International says unaware of any reason for share price jump
Jiasen International Holdings said on Wednesday that it was not aware of any reason for the jump in its share price.
Broker tips: Meggitt, StanChart, Booker
Panmure downgraded its stance on defence and aerospace engineer Meggitt to ‘sell’’ from ‘hold’ and cut its price target to 325p from 363p.
Macquarie hikes short-term iron ore price forecasts, cautious on miners
Macquarie boosted its forecast for the price of iron ore in 2017 on the back of burgeoning steel demand in the People's Republic of China and deferrals in supplies, but cut those for 2018 and 2019.
Court tells Greggs to provide customer toilets
Takeaway food shops that provide seating areas could soon be forced to provide customer facilities, if a high court judgement becomes precedent.
US open: Stocks rise ahead of FOMC meeting minutes
US stocks rose on Wednesday ahead of the release of the Federal Reserve’s policy meeting minutes.
Goldman Sachs downgrades global equities on growth and valuation concerns
Goldman Sachs downgraded its stance on global equities to ‘neutral’ over 12 months, citing growth and valuation concerns.
Henderson Group begins share buyback
Global investment management company Henderson Group announced on Wednesday its intention to start its on-market share buyback programme on 1 June.
Diageo appoints ex-Bacardi CEO as chairman
Diageo has appointed Javier Ferrán – a former chief executive at Bacardi and current non-executive director at SABMiller – as a non-executive director from 22 July.
Director dealings: ServicePower top brass show confidence as shares hit 2.5p
ServicePower Technologies's chairman and chief executive officer both snaffled shares in the company as the mobile workforce management software provider's shares reached their lowest level since the financial crisis.
Brussels postpones decision on excessive deficit in Portugal, Spain until July
The European Union's executive arm postponed its decision on whether Portugal and Spain should be fined for exceeding their respective goals for deficit reduction in 2015 and 2016 until July.
Centrica and Tullow gain as Norway awards 10 oil licences in Arctic Sea
Norway has awarded 10 new offshore oil exploration licences in the Arctic and the border zone with Russia, the first time the country has offer new acreage in twenty years.
FTSE 100 movers: Sale news boosts Lloyds while miners sink
The FTSE 100 was just in the red in Friday afternoon trading, as rock bottom copper prices dragged on miners, a mixed UK jobs report failed to inspire and traders awaited the Federal Reserve’s policy meeting minutes for April.
FTSE 250 movers: Allied Minds surges but Marshalls slumps on update
London’s FTSE 250 was down 0. 4% to 16,785. 29 in afternoon trading.
Wednesday newspaper share tips: Lloyds, Premier Foods
UK’s big banks are at a nadir in their fortunes and yet to enjoy a sustained uplift in their business, albeit with fundamentals beginning to turn north, says the Financial Times’ Lex column.
Smith & Nephew cuts cord on gynaecology unit to fund USD300m buyback
Smith & Nephew has agreed to sell its gynaecology business for $350m to New York-based Medtronic, of which $300m will be returned to shareholder via a share buyback.
Patisserie Holdings serves up sweet profit and cash flow
Patisserie Holdings served up a bigger slice of half-time profits as the operator of the Patisserie Valerie chain demonstrated admirable discipline to widen margins in spite of the increased wage costs.
DX Group hub planning application rejected
DX Group said on Wednesday that it is now considering its options after its planning application for a new central hub in the West Midlands was not approved.
South Africa's rand slides as Gordhan comments on allegations
South Africa’s rand slid more than 1. 6% against the US dollar as the country’s Finance Minister, Pravin Gordhan, commented on media reports he may be arrested and dismissed.
Panmure cuts Meggitt to 'sell'; expects more profit warnings
Panmure downgraded its stance on defence and aerospace engineer Meggitt to ‘sell’’ from ‘hold’ and cut its price target to 325p from 363p.
Brian Taylorson stepping down from Elementis
Specialty chemicals business Elementis announced on Wednesday that is group finance director, Brian Taylorson, will be stepping down from the board at some point in the next year.