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FTSE 100 movers: Standard Chartered rallies on results, GKN drops
London's FTSE 100 was up 0. 2% to 7,287. 12 in afternoon trade as investors digested comments from US Treasury Secretary Steven Mnuchin, who confirmed that Donald Trump plans to cut corporate tax to 15% from 35%.
GSK slips despite strong first quarter debut for Emma Walmsley
GlaxoSmithKline's new chief executive Emma Walmsley reported a strong first set of quarterly results, as the drug group grew sales better than forecast, improved profit margins and kept its dividend on track.
ULS Technology's shares up after forecast rise in FY adjusted profit
Shares in ULS Technology rose almost 9% after it flagged full-year results ahead of market expectations, with adjusted pre-tax profit up about 15% to £4. 4m.
Mariana Resources rockets on merger proposal with Sandstorm
Mariana Resources has agreed to merge with US based royalty company Sandstorm, which sees the AIM-listed explorer's shares valued at 109. 71p and would see its shareholders own 19% of the enlarged group.
Oxford Instruments to sell division to Hitachi High-Technologies
High technology solutions, information and services provider Oxford Instruments announced on Wednesday that it had agreed to sell its Industrial Analysis business to Hitachi High-Technologies Corporation (HHT) for a consideration of £80m on a cash and debt free basis.
BoJ preview: Policy changes unlikely, yen seen higher
The Bank of Japan was likely to refrain from announcing any changes to the settings for its main policy levers on Thursday at its next meeting given the risk that inflation would remain far from its target, analysts at Bank of America-Merrill Lynch said.
Glanbia to sell 60% stake in Irish dairy business
Glanbia is to sell a 60% stake in its Irish dairy business, to Glanbia Co-operative Society for €112m.
Crawshaw Group enters into supply chain deal with 2 Sisters Food Group
Shares in Crawshaw Group tumbled after the butcher announced it has entered into a supply chain partnership with 2 Sisters Food Group, one of Europe's largest meat and food producers.
Results round-up: GlaxoSmithKline, Redefine International
GlaxoSmithKline's new chief executive Emma Walmsley reported a strong first set of quarterly results, as the drug group grew sales better than forecast, improved profit margins and kept its dividend on track.
Broker tips: Bellway, Savills, Merlin Entertainments, Sky, oil companies, Severn Trent
Peel Hunt upgraded Bellway to 'add' from 'hold' and went the other way on Savills as it took a look at UK housebuilders and estate agents.
Rosslyn Data Technologies' shares dive on Integritie UK Ltd acquisition
Shares in Rosslyn Data Technologies dived more than a quarter after it agree to conditionally acquire Integritie (UK) Ltd for total initial consideration of £2. 588m, plus an earn-out and plans to raise up to £5m.
Mnuchin confirms plans to slash US corporate tax rate to 15%
The White House is planning the biggest reduction in taxes ever, the US Treasury Secretary confirmed on Wednesday.
Rockhopper says 2017 drilling campagin on Abu Sennan Concession underway
Rockhopper Exploration's shares rose more than 3% after it confirmed that the 2017 drilling campaign on the Abu Sennan Concession in Egypt had got underway.
Merlin Entertainment hotels could lift share price to 800p - Morgan Stanley
The plan by Merlin Entertainments to add hotels to their theme parks is underappreciated by the market, said Morgan Stanley on Wednesday as it set a bullish share price target for the years ahead.
Walker Greenbank FY profit rises, divi bumped up
Luxury interior furnishings group Walker Greenbank posted a jump in full-year profit and upped its dividend on Wednesday.
Petards order book strong, chairman tells investors
Investors in security and surveillance system software developer Petards were gathering in Guildford, Surrey on Wednesday morning for the company’s annual general meeting, with chairman Raschid Abdullah confirming a previously-flagged significant order.
Metro Bank disappoints despite record deposit growth
Metro Bank welcomed record deposits and grew lending 11% in the first quarter but its key net interest margin slipped slightly.
Fox Marble signs first Turkey supply deal
Kosovo and Balkans-focussed marble quarrying and finishing company Fox Marble announced on Wednesday that it entered into a minimum €0. 4m sales agreement with Simsekler Mermer Company, one of Turkey's largest natural stone groups, to supply its IIIirico Selene and Sivec marble product.
Asia report: Markets higher amid strong earnings and Trump tax excitement
Markets in Asia were higher on Wednesday, taking their cue from Wall Street overnight as trader attention turned towards the looming tax reforms promised by US President Donald Trump, alongside a slew of strong earnings in the region.
Nighthawk's shares slip as Q1 2017 production slips
Shares in Nighthawk are down more than 2% as its gross and net production for the first three months of 2017 came in below that for the same period in 2016.