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FTSE 250 movers: Raft of results impress investors
London's mid cap stocks were marginally higher after the Budget reading on Wednesday, with the FTSE 250 index up 0. 3%.
FDM Group posts solid results for 2016
IT-focussed professional services provider FDM Group announced its results for the year to 31 December on Wednesday, with revenue rising 18% during the period to £189. 4m.
Commodities: Crude-oil futures firmly lower as US inventories unexpectedly surge
Crude-oil futures are firmly on the back foot thanks to an industry report revealing a surge in US inventories last week, renewing concerns over the black liquid's global supply glut.
Results round-up: L&G, Admiral, Inmarsat, Restaurant Group
Insurer Legal & General said full year pre-tax profits rose 17% to £1. 6bn as it reported a strong rise in operating profits from its retirement division.
Toyota may postpone decision on UK plant until Brexit details emerge
Japanese automaker Toyota could push back a decision on whether to build a new vehicle model in the UK, in order to weigh up the final outcome of Brexit negotiations on the company's plant in Burnaston.
Broker tips: Shawbrook, Randgold, GKN, Lloyds
Numis hoisted its earnings forecasts for Shawbrook significantly after the challenger bank delivered strong results and outlined an upbeat outlook.
Deutsche Bank nudges Lloyds target price higher
Analysts at Deutsche Bank nudged their target price for Lloyds higher but said they struggled to see the lender's risk-adjusted margins improving from here as long as interest rates remain low.
WANdisco's shares fall as FY pre-tax loss reduced
Shares in WANdisco are down more than 6% after its full-year pre-tax loss came in at about a third of the prior period's.
US private sector job growth jumps to 298,000 in February, banks leap
US private sector job creation raced ahead in February, according to a widely followed gauge, sending shares bounding higher on both sides of the Atlantic.
US labour productivity falls short of forecasts in the fourth quarter
US non-farm labour productivity fell short of economists' forecasts during the last three months of 2016, pushing labour costs past estimates.
Dignity slumps as funeral company cuts earnings growth rate
Shares in Dignity slumped on Wednesday as the funeral service provider cut its underlying earnings per share growth rate for 2017 due to increasing competition in each of its markets.
Restaurant Group maintains dividend ahead of transitional year
Frankie & Benny’s and Garfunkel's owner Restaurant Group said 2016 was challenging following poor trading across its leisure brands with like-for-like sales down.
Esperite secures €9m to develop technologies
Esperite has secured external financing of up to €9m to support its commercial activity and technology development.
EU antitrust body fines car part firms a cool €155m in cartel case
The European Commission has fined six suppliers of air conditioning and engine cooling units for cars in an antitrust case focused on their involvement in supply cartels.
Falanx appoints Craig Dawson as CFO
Cyber security firm Falanx has appointed Craig Dawson as chief financial officer with immediate effect for an initial period of six months.
RBC Capital downgrades Randgold on expectations of near term challenge for gold
Shares in Randgold Resources were on the backfoot after RBC Capital Markets downgraded it to 'underperform' from 'sector perform' and lowered its price target to 5,900p from 6,000p saying it expects a near-term challenge for the price of gold.
Providence Resources inks farm-in deal on FEL 2/14
Shares in Providence Resources are up more than 9% after it inked a farm-in agreement on Frontier Exploration Licence 2/14 with Capricorn Ireland Ltd, a subsidiary of Cairn Energy.
Shanta Gold reports 'encouraging' findings at New Luika
East Africa-focused gold producer, developer and explorer Shanta Gold provided an update on its ongoing exploration programme, within and surrounding the New Luika Gold Mine in the Lupa Goldfields, southwest Tanzania, on Wednesday.
Europe midday: Stocks lower on strong German ind production data
European equity markets were a little lower on Wednesday after strong German industrial production data, while analysts looked towards the European Central Bank's policy decision on interest rates on Thursday.
Foxtons FY profit, revenue fall as Brexit vote, stamp duty weigh
Foxtons Group's full-year pretax profit has more than halved, while revenue dived in part thanks to the effects of post-Brexit sluggishness.