Latest News
General Electric teams up with Huawei to improve production
US giant General Electric has teamed up with Chinese technology company Huawei in order to increase its productivity.
UBS upgrades Admiral Group to 'buy'
Admiral Group shares gained on Wednesday as UBS upgraded the stock to ‘buy’ from ‘neutral’ and raised the target price to 2,339p from 1,840p.
Anglo American slumps as it cuts copper output guidance
Anglo American shares were under pressure on Wednesday after the miner cut its full-year copper production guidance.
Henderson slumps on RBC downgrade
Henderson Group’s shares fell on Wednesday as RBC Capital downgraded its rating on the stock to ‘underperform’ from ‘sector perform’ and lowered its target price to 210p from 270p.
Fresnillo boosts gold production guidance after second quarter
Fresnillo posted a quarterly production update for the three months to 30 June on Wednesday, with silver production improving 14. 5% year-on-year to 30 moz.
Qinetiq Q1 in line, reaffirms full-year guidance
FTSE 250 science and engineering company Qinetiq said trading in the first quarter was in line with its expectations.
Burberry announces share buyback programme up to £100m
Luxury retailer Burberry has announced a share buyback programme up to a maximum of £100m.
Just Eat sells two Latin American businesses to its Brazil joint venture
Takeaway food delivery marketplace Just Eat sold two of its Latin American business to its iFood joint venture in Brazil for about $11m.
Electrocomponents improves margins though sales slow in first quarter
Electrocomponents got off to a strong start to its financial year, with gross margins improving as cost-cutting proves more effective than expected.
Blackrock takes stake in Sky up to 5%
Blackrock increased its voting rights in Sky by 0. 13 percentage points to 5% on 15 July via the purchase of CFD´s, the media group said in a statement released on 20 July.
Microsoft beats on quarterly earnings, but sales disappoint
Microsoft beat analysts' quarterly earnings forecasts by a mile, as growth in its cloud computing and enterprise segments helped to offset slowing revenues from its flagship operating system Windows, although top-line growth was weaker than anticipated on Wall Street.
Europe open: Stocks edge higher as investors sift through corporate news
European stocks edged higher in early trade as investors sifted through some corporate releases and looked ahead to the European Central Bank rate announcement on Thursday.
Wizz Air flies higher as first quarter profits jump
Wizz Air shares flew higher on Wednesday after reporting a 52. 2% jump in first quarter pre-tax profit to €52. 3m.
Trump clinches GoP 2016 US presidential nomination
Donald Trump received overnight the US Republican Party´s nomination to be the next president of the United States .
London open: Stocks on front foot ahead of unemployment data
The FTSE 100 opened higher on Wednesday with financials stocks leading the way as expectations of monetary stimulus continues to grow.
Man Group names Luke Ellis CEO as Roman heads to PIMCO
Hedge fund manager Man Group said on Wednesday that chief executive officer Emmanuel Roman will step down from the role at the end of August to be replaced by Luke Ellis on 1 September.
BHP Billiton production mostly down
Miner BHP Billiton posted its operational review for the year to 30 June on Wednesday, confirming it exceeded full-year production guidance for petroleum, copper and metallurgical coal, and achieved record full-year production at Western Australia Iron Ore.
TalkTalk Q1 revenue dips; FY guidance reiterated
Broadband provider TalkTalk reported a small drop in revenues for the first quarter as it lost customers, but reiterated its guidance for the full year.
BHP exceeds copper guidance, solid start for Johnson Matthey
London open The FTSE 100 was predicted to rise 25 points on Wednesday after finishing essentially flat the day before.