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Vp shares down despite 'positive' progress
Equipment rental company Vp posted a trading update as it entered its close period on Wednesday, reporting that it maintained its positive start to the financial year with “good progress” made in the majority of its markets.
Symphony Environmental swings to profit in first half
Smart plastics company Symphony Environmental Technologies announced its interim financial statements for the six months to 30 June on Wednesday, with revenues of £3. 23m down slightly from £3. 42 million in the first half of 2015.
US open: Stocks fall as investors digest data, eye Fed speeches
US stocks were mostly lower on Wednesday as investors digested durable goods data and eyed speeches from Federal Reserve officials.
Harvest Minerals begins open pit and drilling work
Harvest Minerals announced on Wednesday that it has started infrastructure work in preparation of commencing open pit mining.
US crude oil inventories slip in latest week
US crude oil inventories slipped during the latest reference week, amid a moderate decline for imports.
Gresham House revenue surges, though it swings to loss
Gresham House posted its interim results for the six months to 30 June on Wednesday, with revenue increasing 254% to £1. 7m.
MH17 flight brought down by Russian missile, claims investigation
An investigation into the attack on Malaysian Airlines Flight MH17 has found "conclusive evidence" that the missile originated in Russia, and was launched by pro-Russian rebels in Ukraine.
Challenging environment for North Sea oil likely to persist, says Mark Carney
The challenging environment for the North Sea oil industry is likely to persist, the governor of the Bank of England said, amid a continued downturn in the price of oil.
FTSE 250 movers: Kennedy Wilson gains but Tritax slumps
London’s FTSE 250 was up 0. 9% to 17,791. 99 in afternoon trade.
Results round-up
Smiths Group posted a drop in profits for the year to the end of July as its John Crane division suffered amid tough conditions in the global energy markets, but the results were still better than expected.
Chris Neoh to hang up his Winkworth boots
Real estate agency franchisor M Winkworth announced on Wednesday that its finance director Chris Neoh has notified the Board of his intention to pursue his own business interests.
Central Rand Gold stock falls on wider operating loss
Central Rand Gold announced its unaudited interim results for the six months to 30 June on Wednesday, with its loss before interest, tax and depreciation widening to $1. 9m, from $0. 7m a year earlier.
Director dealings: New Eagle Eye CEO gets skin in the game
Tim Mason, the ex Tesco high flier who took over chief executive at Eagle Eye Solutions earlier this month, has bought his first shares in the AIM-listed producer of software to manage digital loyalty schemes.
FTSE 100 movers: Sky rallies on Exane note; Royal Mail slumps on UK Mail deal
London’s FTSE 100 was up 0. 9% at 6,867. 40 in afternoon trade.
Worldpay appoints Kim Crawford Goodman as US chief executive
FTSE 100 payments process Worldpay has appointed Kim Crawford Goodman as chief executive officer of its US business with effect from 7 November.
More monetary stimulus needed to deal with Brexit uncertainity, says BoE's Minouche
More monetary stimulus would likely be needed to aid the British economy as it adjusts to the uncertainty created when the country voted to leave the European Union, a deputy governor of the Bank of England said on Wednesday.
EU launches probe into LSE-Deutsche Börse merger, LCH France up for sale
The European Union's executive arm has launched an in-depth investigation into the proposed merger between London Stock Exchange Group (LSE) and Deutsche Börse over potential competition concerns, prompting the LSE to say it is exploring a potential sale of its French clearing arm.
Broker tips: Petrofac, Bonmarche, ICAP
Petrofac got a boost on Wednesday as Goldman Sachs upgraded the stock to ‘buy’ from ‘neutral’ and lifted the price target to 1,066p from 912p.
US durable goods orders hold up in August
Orders for goods meant to last more than three years held up better than expected in August amid large increases in those for automobiles and defense aircraft, together with core orders for capital goods.
ICAP shares under cosh as Citigroup downgrades stock
ICAP shares dropped on Wednesday as Citigroup downgraded the stock to ‘neutral’ from ‘buy’ and slashed the target price to 490p from 530p.