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Eurozone producer prices unexpectedly drop in August
Eurozone producer prices unexpectedly edged lower in August, according to the latest figures from Eurostat.
Wells Fargo controversy deepens as Illinois withdraws funding
US bank Wells Fargo received more bad news on Monday, as it is set to lose a big business partner in the state of Illinois.
Asia report: Markets mostly higher as Australia stands pat on rates
Markets in Asia finished higher on Tuesday, with Australia stalling after its central bank stood pat on interest rates.
UK construction PMI beats expectations, returns to growth
The pace of UK construction unexpectedly improved in September as the sector returned to growth.
Gresham Computing to install C24 Technologies
Software and services company Gresham Computing announced on Tuesday that it has entered into a conditional share purchase agreement with the shareholders of C24, to acquire the entire issued share capital of C24 Technologies for a total consideration of up to £4. 55m.
EasyHotel gets planning permission for Barcelona hotel
EasyHotel has been granted planning permission for a 204-room hotel on Gran Via in Barcelona.
CAP-XX shares surge as it reports on year of development
Supercapacitors and energy management systems designer and manufacturer CAP-XX announces its audited results for the year to 30 June on Tuesday, with sales revenue rising 12% year-on-year to AUD 5m.
Bluefield Solar shares up despite reporting negative return
Bluefield Solar Income Fund posted its annual report for the year to 30 June on Tuesday, with total investment income during the year of £28. 02m and total underlying earnings of £20. 97m.
St Ives shares up as it swings to statutory loss
International marketing services company St Ives posted its preliminary results for the year to 29 July on Tuesday, with revenue rising 7% to £367. 5m.
Intertek rallies on double upgrade by Jefferies
Intertek was lifted by a double upgrade from Jefferies, which raised its stance on the stock to ‘buy’ from ‘underperform’ and upped the price target to 4,300p from 3,000p.
Goldman initiates on Wolseley at 'neutral'
Goldman Sachs has initiated Wolseley, the FTSE 100-listed distributor of heating and plumbing products, with a ‘neutral’ rating and target price of 4,600p.
Pearson rallies as Morgan Stanley says another warning unlikely
Education publisher Pearson got a boost on Tuesday as Morgan Stanley reiterated its ‘overweight’ rating on the stock and 1,050p price target, saying the market’s expectations of another profit warning are unlikely to materialise.
Europe open: Stocks push higher as Deutsche Bank recovers
European stocks rose in early trade as Deutsche Bank recovered from recent losses.
Anglo American sees solid De Beers rough diamond demand
Anglo American said sales at its De Beers diamond business were not as quiet as expected in the eighth sales cycle of the year.
London open: Stocks rise as weaker sterling boosts FTSE
Stocks in London rose in early trade as the weaker pound benefited exporters in the FTSE 100.
Derwent lets east London property at £52 per square foot
FTSE 250 property investor Derwent London reported that it had let part of its east London property to a Cabinet Office service, in order for it to be nearer to city’s technology hub.
Carillion wins £350m Nationwide facilities management contract renewal
Outsourcing company Carillion won a seven-year contract extension from Nationwide Building Society worth around £350m to provide facility management services at its branches and offices.
Astrazeneca wins Nice and beta-blocker deals but loses in Brilinta trial
It was two out of three for Astrazeneca on Tuesday as disappointment over the unsuccessful conclusion of a huge drug trial was offset by a win with the NHS drug regulator for one of its big cancer drugs and a licence deal for a beta-blocker medicine.
Greggs sales rise with healthier summer options
Bakery retail chain Greggs posted its third quarter trading update on Tuesday morning, with total sales up 5. 6% for the 13 weeks to 1 October and like-for-like sales up 3. 4%.
Wizz Air passenger numbers and load factor rise in September
Central and Eastern Europe-focused low-cost airline Wizz Air reported a rise in passenger numbers and load factor in September.