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Director dealings: NCC and Paysafe CEOs buy shares as prices fall
As shares in Paysafe and NCC Group took a hammering, directors in both FTSE 250 companies upped their skin in the game.
Commodities: Gold continues to slip lower
Commodities were under slight pressure, with weakness and copper and gold the chief culprits despite a raft of largely in line data on Chinese industrial production and fixed asset investment.
Wednesday preview: All eyes on the Fed
All eyes are on the US central bank´s policy meeting and any hints it might drop regarding potential changes to the outlook following the election victory by US President-elect Donald Trump.
Fox Marble projects further order growth in 2017
Fox Marble, an AIM listed company focused on the extraction, finishing and global distribution of marble, predicts orders to rise for its product in the upcoming year as it continues to increase its client base.
Small cap round up
Directors of E2V Technologies have recommended an all-cash takeover by California-based Teledyne at 275p per shares, valuing the imaging and camera technology specialist at £619. 6m. The offer came at a 48% premium to the share price at Friday's close and a premium of 32. 6% to the volume-weighted average closing share price over the last twelve months.
London close: Stocks bounce back despite rise in CPI
Stocks in London bounced back sharply from losses in the previous session as investors digested news that UK inflation hit a two-year high in November and looked ahead to a policy announcement from the Federal Reserve the next day.
Europe close: Italian banks continue to bounce back strongly
European stocks advanced further as investors priced in a rate hike by the Federal Reserve and welcomed a restructuring plan by Italy's UniCredit.
Microsaic Systems profits in line with expectations
Microsaic Systems, an AIM listed developer of chip-based mass spectrometry instruments, has provided a trading update saying that it expects earnings before interest, tax, depreciation and amortisation (EBITDA) and pre-tax profit for 2016 to be broadly in line with market expectations.
Catalyst Media makes up for loss through shareholder gains
Catalyst Media Group (CMG), a business administrative services company, has compensated for a loss at the year end through its profitable investment in Satellite Information Services (SIS).
FX round-up: Markets little changed ahead of Fed meeting
Currency markets were little changed ahead of the US central bank´s and Bank of England´s policy meetings which were scheduled for over the next two days.
Former Soviet leader Gorbachev critical of US attitude following Cold War
The last leader of the former Soviet Union has spoken of his disappointment that the United States did not offer more help in the aftermath of the Cold War to build a safer world.
Google reportedly veering away from self-driving car project
Alphabet, the parent company of tech giant Google, is scaling back on its autonomous driving project, according to reports from technology news site The Information.
Environment studies start at Savannah, Rio Tinto mineral sands project
AIM-listed explorer Savannah Resources announced it has a fully operational and expanded team in its joint mineral sands project with mining giant Rio Tinto and has started scoping and environmental studies.
FTSE 100 movers: Sky rockets while miners are in the dirt
The FTSE 100 index was up 0. 72% at 6,939. 73 in the late afternoon.
FTSE 250 movers: Greencore rallies but Paysafe tanks on short-seller report
London’s FTSE 250 was up 0. 3% to 17,688. 90 in afternoon trade.
Byotrol loss widens as products gain traction
Anti-microbial technology company Byotrol presented its unaudited interim results for the six months to 30 September on Tuesday, confirming it was on track to be EBITDA positive for the full year with trading in line with previous guidance.
Strike action and TfL switcheroo unlikely to hit UK train ratings, Fitch says
With UK train companies' debt coming under the investor microscope, ratings agency Fitch Ratings said the current uncertainty in the rail market and various industrial strikes were unlikely to have an effect on their credit ratings.
Results round-up
Oryx International Growth Fund posted its half-year report for the period from 1 April to 30 September on Tuesday - a period in which it carried out three share buybacks, resulting in a total reduction of 138,000 shares for a cost of £813,750.
US open: Stocks rally as investors price in Fed rate hike
US stocks rallied on Tuesday as investors priced in a rate hike by the Federal Reserve for the second time in nearly 10 years, with the tone of the accompanying statement likely to be scrutinised for further clues.
Bill Gates wary of Trump causing 'tit-for-tat' tariff conflict with China
Microsoft founder Bill Gates has said that he hopes US president-elect Donald Trump thinks carefully about how to approach trade relations with China, warning that a "tit-for-tat" conflict would not benefit either side.