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Thursday preview: Daily Mail and General Trust reports full year results
The Daily Mail and General Trust reports its full year results on Thursday with analysts pencilling in a decline in earnings as the company conducts a strategic review of its operations.
US private sector adds more jobs than expected in November
Private sector employment in the US rose a lot more than expected in November, according to data released by ADP on Wednesday.
Ashtead advances as analysts foresee upgrades from 'lucky' quarter
RBC Capital Markets hoisted its price target for Ashtead Group ahead of the plant hire outfit's second quarter results next week.
Broker tips: Ophir, Capita, Croda
Ophir Energy’s shares gushed higher after Canaccord Genuity upgraded the stock to ‘buy’ from ‘hold’ and lifted the target price to 105p from 80p.
Centrica to sell Trinidad and Tobago assets
British Gas owner Centrica has agreed to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell Exploration and Production for an initial consideration of $30m (£24m).
Carrier reaches deal with Trump to keep Indiana jobs
US president-elect Donald Trump has claimed his first success of keeping jobs in the United States, as he and his transition team came to an agreement with air conditioning firm Carrier to maintain over 1,000 jobs in the state of Indiana.
Ophir Energy rallies on Canaccord upgrade
Ophir Energy’s shares gushed higher after Canaccord Genuity upgraded the stock to ‘buy’ from ‘hold’ and lifted the target price to 105p from 80p.
Warpaint London floats on AIM
Warpaint London floated on AIM, the junior market of the London Stock Exchange, on Wednesday in order to support the cosmetics company’s expansion ambitions.
Greka Drilling wins new contract from PetroChina
Oil and gas miner Greka Drilling has won a second contract with PetroChina Huabei Oilfield to drill five wells, for an undisclosed fee.
London midday: Stocks rise as oil prices surge on OPEC optimism
London stocks gained on Wednesday as oil prices surged after Iran and Saudi Arabia sounded an upbeat note on a potential OPEC deal to curb production.
Europe midday: Stocks on the rise with OPEC meeting underway
European stocks remained in the black by midday as investors bet that OPEC members would come to an agreement on production at the cartel's meeting in Vienna.
Jersey Oil & Gas raises £1.6m through placing
Jersey Oil & Gas, an AIM listed independent upstream oil and gas company, announced that it has raised around £1. 6m, before expenses, through a placing of 1. 5m shares.
Breedon buys rival Sherburn Minerals for £15.7m
Construction materials company Breedon bought rival Sherburn Minerals for £15. 7m, in order to gain further access to the market in the north of England.
Oil surges 6% as Saudi and Iranian ministers optimistic about OPEC deal
Oil prices shot up 6% on Wednesday after noises from the meeting of the Organization of Petroleum Exporting Countries suggested that an agreement to cut production levels was afoot.
Capita crumbles to 10-year low as analysts warn of material risks
Having already more than halved since its September profit warning, Capita shares fell to their lowest in a decade after analysts at HSBC and RBC Capital Markets warned the shares had the potential to crumble yet further.
US pre-open: Stocks seen touch higher as oil surges on OPEC optimism
US futures pointed to a slightly higher open on Wall Street as oil prices surged amid signs that OPEC is close to agreeing a deal on production.
Eurozone inflation in November highest since April 2014
Inflation in the eurozone rose to its highest level since early 2014 in November, in line with expectations, according to a flash estimate released by Eurostat.
Croma Security Solutions wins NHS contract
AIM-listed Croma Security Solutions’ former military division has won an a new contract with an NHS trust.
Cyber Monday breaks sales records with 12% increase from last year
The online shopping bonanza known as Cyber Monday was a huge hit in the United States this year, with consumers racking up a record $3. 45bn in sales.
Telford Homes reports drop in profit but confident about full year
Residential property developer Telford Homes reported a drop in interim pre-tax profit but said it remains confident of meeting current market expectations for reported profit in the year to the end of March 2017.