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Director dealings: Joules CEO splashes out on welly maker
Joules chief executive Colin Porter forked out for £0. 25m worth of shares in the wellington boots-to-comfy jumpers retailer after they gave up much of their gains since a solid set of maiden results.
CLS Holdings rebalances portfolio in Europe
Property investment company CLS Holdings has made changes to its portfolio by investing in Germany and divesting in France and Britain .
FTSE 250 movers: Countrywide slumps but Thomas Cook gains on results
London’s FTSE 250 was down 0. 3% to 17,634. 10 in afternoon trade as investors mulled over Chancellor Philip Hammond’s Autumn Statement.
Broker tips: Wolseley, Severn Trent, Hunting
Canaccord Genuity hiked its target on Wolseley ahead of the builders merchant's first quarter update.
Green assets could be seized to help plug BHS pension hole - regulator
Philip Green’s assets could be seized by the courts if he did not comply with legal demands to cover the £571m deficit in the BHS pension scheme, the chief executive of the Pensions Regulator (TPR) told MPs on Wednesday.
Autumn statement: Government debt rises as GDP forecasts cut
Delivering his much anticipated Autumn Statement, Chancellor Philip Hammond said government borrowing would need to rise by £121bn over the course of the current parliament due to the slowdown in the UK's economic growth from the Brexit vote.
US open: Traders shy ahead of Thanksgiving break
Investors pulled in their horns ahead of the Thanksgiving break and following a barrage of economic data that saw government bond yields rise sharply.
FTSE 100 movers: Compass recovers but housebuilders drop
London’s FTSE 100 was flat at 6,817. 68 in afternoon trade as market participants digested the Autumn Statement.
US durable goods orders jump in October, led by surge in aircraft
A gauge of business investment in the US jumped in October, boosted by a sharp increase in orders for civilian aircraft.
Deere stock boosted by quarterly sales beat
Shares in construction equipment maker Deere & Co were boosted on Wednesday after the company posted an impressive earnings beat in its quarterly report.
Juno Therapeutics tumbles as leukemia drug trial is halted
Shares in Juno Therapeutics tumbled in early trade as the biopharmaceutical company said it has halted its Phase II clinical trial of the JCAR015 drug after two patients suffered cerebral edema earlier this week.
US new home sales miss forecasts in October
New home sales in the US shrank by 1. 9% month-on-month in October to reach an annualised pace of 563,000, according to the Department of Commerce.
Trump picks former adversary Nikki Haley as UN ambassador
Donald Trump has appointed South Carolina governor Nikki Haley to be his ambassador to the United Nations, making her the first woman he has picked to be part of his administration beginning in 2017.
US consumer confidence jumps after Trump´s surprise election win
Donald Trump´s surprise election victory buoyed consumer spirits Stateside, the results of one of the most widely-followed surveys revealed.
US factory output accelerates in November, IHS Markit says
Factory production in the States accelerated to its fastest since early 2015, as strong domestic demand helped to offset subdued sales overseas.
Results round-up
Ahead of the £6. 6bn deal that will make it the UK's biggest software company, Micro Focus reported merger partner HPE Software's revenues were on the wane but margins were improving.
Autumn Statement: Hammond unveils £2.3bn housing infra fund, moves Budget to autumn
UK Chancellor Philip Hammond said the government would invest heavily in infrastructure and abolished the Autumn Statement as he made his first set piece speech since taking over from George Osborne in the wake of the Brexit vote.
US house prices edge past forecasts in September
Home price growth in the States edged past forecasts in September, proving forecasts for a slowdown wrong.
Sterling assets on backfoot after Autumn Statement
Sterling assets were on their backfoot following the Chancellor´s Autumn Statement, with the Footsie skidding lower by 0. 15% to 6,809. 04 points, versus the level of roughly 6,839. 18 where it had stood prior to Hammond´s speech.
ITM Power signs fuel contract with Anglo American
AIM-listed energy storage and clean fuel company ITM Power has signed a fuel contract with Anglo American which covers fuel dispensed across its hydrogen refuelling network.