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Director dealings: Atkins takes advantage of Whitbread dip to dip in
Whitbread director David Atkins shelled out £56,000 to buy shares in the Costa Coffee and Premier Inn owner after its trading update last week put a dent in its recent momentum.
Sector movers: Cyclicals bounce back, Evraz in the lead
There was a clear split in the market on Wednesday as cyclicals bounced back and the more defensive segments of the market were relegated to the bottom of the pile.
Epwin trading well after acquisitions
Vertically-integrated manufacturer of low maintenance building products, Epwin, posted a trading update for the year to 31 December on Wednesday, reporting that profits for the year will be in line with expectations, with “continued strong” cash generation in “challenging” market conditions.
US crude inventories rise more than expected, EIA reveals
Oil prices held onto gains on Wednesday even as official data showed an increase in weekly crude inventories.
Savannah Resources completes drilling at Ravene
Savannah Resources announced on Wednesday that it has completed drilling at the Ravene deposit in Mozambique, which forms part of the Mutamba mineral sands project being developed by Savannah and Rio Tinto as part of a consortium agreement.
Centamin declares dividend bonanza as earnings soar and costs fall
Egyptian gold miner Centamin declared a bumper dividend as it posted results for the year to 31 December on Wednesday, with EBITDA up 145% to $373m due to higher gold prices, increased production and lower costs.
Ford and General Motors see falling sales in January
US automakers Ford Motor Co and General Motors have both posted sales declines in the first month of the year, as signs suggest that the industry has reached its peak.
Broker tips: Dixons Carphone, Greencore, Rolls-Royce
Goldman Sachs has initiated coverage of Dixons Carphone at ‘neutral’ with a 350p 12-month price target, saying the company is well-positioned in the medium term to deal with the structural challenges it faces.
WPP's Kantar buys Ireland's Newsaccess
Kantar Media, the data investment management arm of WPP, has acquired Irish multi-channel media monitoring provider Newsaccess.
US construction sector outlays slip in December, public sector drags
Total outlays on construction in the States slipped unexpectedly in December 2016, weighed down by a sharp fall in public sector spending.
Notable pick-up in factory hiring during January, ISM says
Manufacturing activity accelerated Stateside in January, amid stronger hiring and heightened pressures on costs, the most widely-tracked monthly gauge for the sector revealed.
US manufacturing off to strong start for 2017, Markit says
US manufacturers got off to a strong start in 2017, according to the results of one of the most widely-followed surveys of factory sector activity.
FTSE 250 movers: TalkTalk on the up, but Wizz Air flies lower
London’s FTSE 250 was up 0. 5% to 18,243. 22 in afternoon trade as investors digested encouraging UK manufacturing figures.
FTSE 100 movers: Pharmas get a boost from Trump; Dixons drops
London’s FTSE 100 was up 0. 6% to 7,142. 31 in afternoon trade following the release of upbeat UK manufacturing data, as investors eyed the Fed’s latest rate announcement.
Victoria buys Aussie flooring manufacturing rival for £20m
Flooring manufacturer Victoria has completed the acquisition of Australian rival Dunlop Flooring for £20m (AU$34m).
Kennedy Ventures secures funding for African Tantalum operations
Kennedy Ventures has raised £1. 25m before expenses through a placing of 13. 9m new shares at a price of 9p each.
Household water bills to rise 2%
Household water bills in England and Wales will be increased 2% in the coming year, according to the water companies body.
Theresa May calls US immigration ban 'divisive and wrong'
British Prime Minister Theresa May has for the first time condemned the actions of Donald Trump in signing an executive order which suspends immigrants from seven predominantly Muslim states.
Dewhurst to buy Australia's P&R Liftcars for AU$1.54m
Dewhurst, a supplier of components to the lift, keypad and transport industries, is to buy a 75% stake in Australian lift car manufacturer P&R Liftcars for up to AU$1. 73m in order to expand its service in the country.