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SyQic could seek extension on talks with suitors
SyQic indicated to the market that it could be seeking an extension to discussions with a potential suitor on Wednesday.
Composition of Trump's cabinet and policy priorities still unknown, Morgan Stanley says
Strategists at Morgan Stanley advised clients to avoid 'buying the dip' following the surprise 'sweep' of the US executive and legislative branches by Donald Trump and the Republican Party.
Broker tips: Elementis, Amec Foster, Pennon
Elementis shares were given a boost on Wednesday after Berenberg raised its rating on the stock to ‘buy’ from ‘hold’ and raised the target price to 270p from 200p.
Plutus PowerGen supports national grid from Plymouth
Flexible power projects developer and operator Plutus PowerGen confirmed on Wednesday that it operated its Plymouth site in support of the national grid for the first time on 8 November.
Tate & Lyle tanks as Exane highlights Trump threat to US-Mexico relations
Shares in Tate & Lyle tanked on Wednesday as Exane BNP Paribas downgraded its stance on the stock to ‘underperform’ from ‘neutral’ and cut the price target to 570p from 760p.
Analysts pick winners as pharma sector bounces back on Clinton loss
The pharmaceuticals sector bounced back after Donald Trump won the battle to become the next president of the United States and the Republican party won control of Congress, with analysts suggesting AstraZeneca, Shire and Eli Lilly were among the best placed stocks to capitalise on the unfolding US political landscape.
Atlantis pleased tidal energy will be included in government scheme
Tidal energy power company Atlantis Resources said was “pleased” that the government will include marine energy for the allocation of the second contracts for difference scheme in April.
FTSE 100 movers: Ashtead and CRH surge but Sainsbury's slumps
London’s FTSE 100 was up 0. 1% to 6,849. 22 in afternoon trade, reversing earlier losses as investors mulled over the implications of Donald Trump’s election victory.
Thursday preview: Astrazeneca to report decline in third quarter sales
Astrazeneca is expected to report a drop in third quarter sales on Thursday after failing to prevent generic drug makers from bringing cheaper rivals of its best-selling medicine Crestor.
US 2016 election results - Analysts react
"Demographics are slowly reversing the super cycle but more importantly in the short-term it felt to us that politicians would either have to address the mass disaffection to current policies and trends of this 35 year super cycle or face a wave of anti-establishment support and eventually being thrown out. Well Trump, assuming he wins, is a perfect example of this [. ] If Trump wins then that could increase the odds of both a better medium-term economic outlook and also a worse economic outlook.
Parliamentary report slams sale of Northern Rock mortgages to Cerberus
The government may have sold a portfolio of mortgage assets rescued from the collapsed Northern Rock bank for less than it was worth, a report from the Public Accounts Committee said on Wednesday, with mortgage holders having also been left disadvantaged.
Sunrise Resources buys stake in industrial mineral project in Nevada
Diversified mineral explorer Sunrise Resources has bought a stake in an industrial mineral project in Nevada as part of its corporate strategy to build up a cash-generating portfolio in the western US.
Walcom completes acquisition of Thai site to expand manufacturing
China-based investment holding company Walcom Group completed the 23. 9m Thai baht (£520,000) acquisition of a stake in a site in Thailand where it plans to build a feed additive manufacturing plant.
Clipper Logistics says H1 trading in-line, upbeat on H2
Clipper Logistics said its first-half trading is in line with directors' expectations, with growth in revenue, operating profit and net earnings.
Bank of England finds business conditions improving but fragile
The Bank of England said its survey of business conditions found sentiment had improved since August but remained quite fragile.
Hurricane Energy confirms spudding of Lincoln Well
Hurricane Energy confirms the spudding of the Lincoln Well, which targets targets a basement prospect geologically similar to the nearby Lancaster structure.
Pacific Industrial & Logistics REIT posts first-half uplift in NAV
Real estate investment trust Pacific Industrial & Logistics REIT issued its interim financial results on Wednesday, following the close of its first reporting period 30 September.
Karelian posts positive results from Lahtojoki
Finland-focused diamond exploration company Karelian Diamond Resources announced on Wednesday that it has received results and a report from the Geological Survey of Finland, commissioned by the company on a Kimberlite boulder discovery to the south west of the its Lahtojoki diamond deposit.
Diamondcorp financing and production on track
South African diamond miner DiamondCorp announced that the second tranche of financing facility from Rasmala amounting to £300,000 is in the process of being drawn down by the company.
European Commission trims 2017 growth forecasts
The European Commission has cut its growth forecasts for the euro area and the European Union next year, saying risks are clearly tilted to the downside, as it pointed to the UK’s vote to leave the EU.