Latest News
ASDA Mobile goes 4G under renewed BT deal
Telecommunications provider BT announced an extension to its mobile virtual network operator (MVNO) agreement, using its EE network, with Walmart-owned supermarket chain ASDA on Wednesday.
US open: Shares boosted by economic data
The main US stockmarket benchmarks edged higher at the start of trading on the back of generally better than expected economic data.
FTSE 250 movers: Acacia shines bright but bookies bomb on HSBC note
London’s FTSE 250 was up 0. 2% to 18,833. 45 in afternoon trade.
FTSE 100 movers: Ashtead boosted by Merrill note; TUI slumps.
London’s FTSE 100 was up 0. 4% to 7,296. 80 in afternoon trade, as investors digested news that UK wage growth has slowed but unemployment has picked up.
EU-born workers flee UK in greatest numbers since end-2011
EU-born workers likely sweating their post-Brexit futures in the UK fled the country at the end of 2016 in numbers not seen in five years.
Falling utilities output drags on US industrial production in January
Total industrial production declined by 0. 3% on the month but was flat in comparison to the year ago level, according to the US Federal Reserve.
Empire State manufacturing index smashes expectations
Business conditions in the New York region improved a lot more than expected in February, with the index for the region hitting its highest level in more than two years.
US retail sales for January edge past forecasts
Retail sales volumes grew more than expected at the start of 2017, led by purchases of electronics and gasoline.
Animalcare Group posts 'very strong' first half
Veterinary medicine supplier Animalcare Group announced its interim results for the six months to 31 December on Wednesday, with the board describing a “very strong” first half for the group, ahead of expectations.
TUI shares fall after German court rules on sick staff compensation
High flying shares Anglo-German travel group TUI hit some turbulence after a Hanover court ruling over flight compensation due to a dispute over staff sick days.
PepsiCo beats earnings estimates as health drive pays off
US drinks and snacks maker PepsiCo has been boosted by its shift in focus towards so-called "guilt free" products, after it surpassed analysts' expectations in its quarterly financial report.
Shanks gets go-ahead for VGG merger
Shanks has received all the necessary approvals from the relevant competition authorities in the Netherlands for its proposed merger with Dutch waste collection company van Gansewinkel Groep B. V. (VGG), which it expects to be significantly earnings enhancing in the second full financial year after completion.
Tracsis hinges hopes for in-line FY on timely conversion of new sales
Shares in Tracsis fell more than 12% as it said its hopes for an in line full-year outcome hinged on the timely conversion of new sales for its various software products and services.
Premaitha Health raisis £1.49m in share issue
Developer of a CE-marked non-invasive prenatal screening system, Premaitha Health, announced on Wednesday that it has agreed to issue to Harwood Capital 17 million new ordinary shares of 0. 1p, subject to admission to AIM, raising £1. 49m at a price of 8. 75p.
Polemos' shares fall after it raises £495,000 and appoints two directors
Polemos' shares are down more than 21% after its raised £495,000 at a price of 0. 035p a share, and also appointed Nick Lee and Dan Maling as non-executive directors.
Europe midday: US data in focus
Equities on the Continent were continuing to hold higher ahead of a barrage of US economic data and after the US central bank chief Janet Yellen delivered an upbeat view on the economic outlook on the previous day.
US and China to work together on trade, says Ford China chief
The CEO of Ford China said US President Donald Trump and Chinese President Xi Jinping are prepared to work together on trade so businesses in both countries can flourish.
Wednesday broker round-up
William Hill: HSBC downgrades to Reduce with a target price of 255p.
Tern's stake in investee company Device Authority reduced
Shares in Tern are down more than 1% after its stake in investee company Device Authority Ltd was reduced as a non-executive director in that firm subscribed for preference shares.
London midday: Stocks edge up as investors mull employment data
London stocks edged higher, with financials boosted by unexpectedly hawkish comments from Federal Reserve chair Janet Yellen on Tuesday, as investors digested news that UK wage growth has slowed but unemployment has picked up.