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Low volatility not necessarily signal of impending turmoil, Morgan Stanley says
Low levels of implied volatility do not necessarily mean that something bad is lurking just around the proverbial corner, analysts at Morgan Stanley believe.
National Express remains in high gear as US prices rise
National Express said strong momentum has continued into 2017 and enjoyed significant foreign exchange tailwinds in the first months of the year.
Image Scan raises about £525,000 in placing, subscription
Image Scan Holdings' shares rose almost 5% after it raised about £525,000 in a placing and subscription at discounted 5. 25p a share.
Central Rand Gold updates on loan agreement, workers' strike
Shares in Johannesburg-based miner Central Rand Gold rose almost 5% after updating on its loan agreement with Jia Bang Wang, and also confirming a strike by employees.
Europe open: Stocks slip lower ahead of Draghi speech
Stocks are drifting lower as investors wait on a speech from European Central Bank president Mario Draghi 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.
Insurance firm AXA to list shares in the US
French insurance giant AXA announced on Wednesday that it is planning to list shares on the US stock market.
French factories whir back to life in April
French factories whirred back into life in March, pointing to a "bright" outlook for the euro area's economy in 2017, according to economists.
Avacta confirms China patent for Affimer technology
Shares in Avacta Group are up more than 5% after it said the principal patent protecting the Affimer technology has been accepted for grant in the People's Republic of China.
Barratt Developments sees FY profit at top end of market expectations
Housebuilder Barratt Developments said it expects pre-tax profit for the full year 2017 to be at the top end of current analyst estimates of between £675m and £733m and that completions will hit their highest level in nine years, coming in at around 17,350.
Pret a Manger eyes Wall Street IPO later in 2017
Pret a Manger is gearing up for a US flotation later this year with the appointment of a cabal of Wall Street investment banks, according to reports.
US pre-open: Stocks seen weaker as investors mull Comey's firing
US futures pointed to a negative open on Wall Street as investors digested news that President Trump has fired FBI director James Comey.
Wood Group maintains expectations, extends partnership with NCOC
John Wood Group issued a statement to the market on Wednesday morning, outlining the firm’s current trading and position, as investors gathered for the company’s annual general meeting.
Bgeo Group reports impressive first quarter profit
UK-incorporated holding company of JSC Bank of Georgia and other Georgia-focussed investment platforms Bgeo Group updated the market on its first quarter of trading on Wednesday, with profit up 24. 3% year-on-year to GEL 108. 2m.
IP Group updates investors on solid progress
Intellectual property-based business developer IP Group issued a statement on Wednesday morning, updating the market on its position and progress since 31 December, as investors headed for the company’s London offices for the annual general meeting in the afternoon.
Next boosted by Investec upgrade to 'buy'
Next got a boost on Wednesday as Investec upped its stance on the retailer to 'buy' from 'hold' and lifted the price target to 4,750p from 3,900p.
Trump sacks FBI director James Comey
FBI director James Comey has been fired from his position by President Donald Trump, bringing to a head ongoing tensions between the commander-in-chief and the US intelligence agency.
Aviva exits more Spanish businesses
Aviva announced the sale of its 50% shareholdings in life insurance and pension joint ventures Unicorp Vida and Caja España Vida, as well as its retail life insurance business Aviva Vida y Pensiones, to Santalucía on Wednesday.
BAE Systems begins 2017 with 'good momentum'
BAE Systems confirmed the 2017 has started with "good momentum" as the defence and aerospace contractor cited an improving outlook for defence budgets in a number of its markets.
Capita-Vodafone deal could face regulatory probe
Capita's proposed takeover of Vodafone's pagers business could be referred for an in-depth phase 2 investigation by the Capital Markets Authority if the companies don't offer acceptable ways to address competition concerns.
Saga refinances existing bank facilities
Saga has refinanced existing bank facilities with the launch of a debut £250m seven-year senior unsecured bond, a £200m five-year term loan facility and a £100m five-year revolving credit facility.