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Mirada wins largest commercial roll-out for Iris digital TV software
Mirada announced its largest commercial deal to date, with the roll-out of its Iris multi-screen software solution to one of Mexico’s largest telecommunications providers, Izzi Telecom.
Morgan Stanley downgrades AB Foods on Primark valuation
Associated British Foods was under the cosh on Wednesday after Morgan Stanley cut its stance on the stock to ‘equalweight’ from ‘overweight’ and slashed the price target to 2,650p from 3,500p as it took a fresh look at Primark.
London open: Housebuilders lead FTSE higher on Brexit confidence
London stocks inched up on Wednesday morning as polls showed the EU referendum remained too close to call, though rallying housebuilding and financials stocks indicated investors were confident a Brexit will be avoided.
More than 1200 UK business leaders sign letter against Brexit
More than 1,200 business executives have signed a letter supporting UK membership of the European Union.
Credit Suisse would slash FTSE 100, Euro Stoxx 50 targets on Brexit
In its latest global equity strategy note, Credit Suisse said it would cut its FTSE 100 year-end target by 6% and its Euro Stoxx 50 target by 12% in the event of a Brexit.
"Great Debate" sees clashes between Johnson and Khan
Political figures from both sides of the UK's European Union referendum argument were present on Tuesday night in the last live TV debate before voters head to the polls from Thursday morning.
Debenhams sales and margins shrink and in third quarter
Department store group Debenhams revealed like-for-like sales shrank in recent weeks and, while it warned that gross profit margins may be flatter than previously thought, full year profit is still on track to hit its target range.
Europe open: Stocks edge higher as EU referendum looms
European equity markets edged tentatively higher in what appeared to be relatively calm trading a day ahead of Britain’s referendum on EU membership.
Icap and Tullett Prebon propose remedies to regulator's concerns
ICAP has proposed selling its London-based oil broking business and issuing its shares in the enlarged Tullett Prebon to remedy concerns raised by the UK competition regulator.
Hornby FY loss widens; placing and turnaround plan announced
AIM-listed train set maker Hornby posted a wider full-year loss and announced an £8m placing as it outlined plans to turnaround the business after a string of profit warnings.
Elementis warns on first-half Chromium earnings
Specialty chemicals company Elementis issued a profit warning ahead of its interim results on Wednesday, with sales in the Chromium division failing to fire.
Safestore sees completion of Space Maker purchase by end July
Safestore said conditions needed to buy fellow storage outfit Space Maker Stores Limited had been satisfied and completion of the acquisition is expected by 29 July 2016.
London pre-open: Stocks seen higher as focus remains on EU referendum
London stocks were seen opening in the black on Wednesday as investors continued to keep a close eye on EU referendum developments a day ahead of the vote.
Wednesday newspaper round-up: Brexit, Amazon, BHS, MyLocal
Whitehall is preparing for the biggest bureaucratic upheaval for a generation in the event of a Leave vote, as the engine of British government is reconfigured and centralised to cope with an EU exit. While informal planning is kept to a tight circle, officials at the top of the civil service are looking at options to create either a Brexit super-ministry or a dedicated trade department to manage an EU divorce and its consequences, according to aides familiar with the discussions.
Debenhams sales slide, Elementis warns on lower earnings
London open The FTSE 100 is expected to rise by a slight 5 points when it opens on Wednesday, according to pre-market trading.