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Latest News
10 May
libras
Braemar Shipping Services reports on 'challenging' year

International provider of broking, consultancy, technical and other services to the shipping, marine, energy, offshore and insurance industries Braemar Shipping Services announced results for the year to 28 February on Wednesday.

10 May
barratt developments, housing, house, build, bdev
FTSE 100 movers: Barratt, retailers shine; Hikma drops

It was all about the retailers on Wednesday as a series of upbeat broker notes propelled the sector higher, helping to lift the FTSE 0. 8% to 7,397. 44 in afternoon trade.

10 May
cash money sterling pound
Warpaint London revenue and earnings improve in maiden AIM results

Specialist colour cosmetics supplier Warpaint London announced its audited results for the 12 months to 31 December on Wednesday.

10 May
brexit vote referendum polling ballot
CPS clears Conservatives after election expenses probe

The Crown Prosecution Service (CPS) has decided not to charge Conservative candidates or party officials after mulling evidence from 14 police forces over electoral spending in 2015.

10 May
comisioneuropea_630 European Commission
Unfair e-commerce practices in EC firing line

A number of online business practices, which reportedly restrict competition, were coming under the microscope of the European Commission this week, with the release of a report said to identify a number of unfair practices in the e-commerce sector.

10 May
globe_symbol_radar-261x300
Gulfsands Petroleum gets Llanos-50 contract extension

Gulfsands Petroleum's shares rose after it said the Agencia Nacional de Hidrocarburos (ANH) in Colombia has granted it an 18-month extension for the Llanos-50 (LLA-50) contract.

10 May
recul-des-benefices-de-hsbc-plus-fort-que-prevu-au-1er-semestre
Deutsche Bank lifts HSBC target price, retains 'hold'

Deutsche Bank bumped up its target price on shares of HSBC, hailing the restart of dividend payments in the US but cautioned that investors would need to be patient when it came to expectations for capital upstreaming from the States.

10 May
globe_symbol_radar-261x300
Be Heard Group begins 2017 well, trading in line with expectations

Shares in Be Heard Group rose after it said 2017 had started well and that the company was trading in line with the board's expectations.

10 May
burberry 16 fashion couture
Credit Suisse upgrades Burberry, says bear case is behind us

Burberry shares were in fashion on Wednesday as Credit Suisse upped the stock to 'neutral' from 'underperform' and lifted the price target to 1,550p from 1,300p, saying the bear case is now behind us.

10 May
talktalk dunstone
TalkTalk to cut dividend further as returning Dunstone checks in

After reporting full year adjusted operating profits short of expectations, TalkTalk's returned founder Charles Dunstone said he would cut the dividend in the current year as he focused on "growth, cash generation and profit - in that order".

10 May
London Stock Exchange AIM LSE shares
London midday: Stocks edge higher as retailers get a broker boost

London stocks had edged up by midday, helped by strength in the retail sector and a solid update from housebuilder Barratt Developments making up for a gloomy reading on the advertising sector from ITV.

10 May
lekoil
Lekoil updates on first crude cargo from Otakikpo

Lekoil Ltd said the first crude cargo produced from the Otakikpo Marginal Field in OML 11 has been lifted from the FSO Ailsa Craig by Shell Western Supply and Trading Ltd, a subsidiary of Royal Dutch Shell.

10 May
Dalata hotels
Dalata Hotel says trading in early 2017 marginally ahead of expectations

Dalata Hotel Group says its trading performance in the first four months of 2017 has been marginally ahead of expectations.

10 May
globe_symbol_radar-261x300
Amur Minerals updates on operating costs review

Amur Minerals said a review of its internally derived operating cost estimates is well advanced and being completed by Runge Asia Ltd.

10 May
aberdeen
Aberdeen and Standard Life merger to result in 800 job losses

The proposed merger between Scottish financial firms Aberdeen Asset Management and Standard Life will reduce the combined workforce by 800 jobs.

10 May
mining truck, commodities, minerals, iron ore
South32 sees Illawarra Metallurgical Coal output down

South32 Ltd's shares fell after it warned that production from Illawarra Metallurgical Coal is expected to be at least 10% below prior guidance of 7. 9Mt.

10 May
venice italy boat lake europe
Italian industrial production beats forecasts in March

Italian industrial production grew more quickly than expected in March as output of capital goods and non-durable ones accelerated.

10 May
Next, retail, fashion
Wednesday broker round-up

Next: Investec upgrades to Buy with a target price of 4750p.

10 May
0cb1089
Europe midday: All eyes on Draghi

Stocks are holding slightly lower as investors wait on a speech from European Central Bank president Mario Draghi at noon and mull the first drop in Chinese factory gate inflation since June 2016 amid a somewhat uneasy calm in financial markets despite record-low levels of volatility.

10 May
moon jae in
Asia report: Markets mixed as Moon wins Korean presidency

Markets in Asia finished mixed on Wednesday, with investors focusing on the inauguration of the new South Korean president Moon Jae-in, and digesting the sudden firing of FBI director James Comey in the US.