Latest News
Jefferies lowers Brent oil price forecasts, downgrades Ophir Energy, Premier Oil
Analysts at Jefferies revised their medium and long-term price assumptions for Brent oil lower, downgrading shares of Ophir Energy, Soco International and Premier Oil in the process.
UK wage growth slows to increase squeeze on consumers
Although the UK unemployment rate fell to its lowest since 1975, weekly wage growth slowed to heap further pressure on consumers already battling with rising inflation.
BHP boss to meet Elliott activists after revised attack
BHP Billiton boss Andrew Mackenzie has agreed to meet his tormentors at Elliott Advisers after the US activist investor ramped up its criticism of the mining giant's "do-nothing approach”, which some analysts felt was not totally justified.
Berenberg puts brakes on Auto Trader
Shares in Auto Trader skidded on Wednesday after Berenberg initiated coverage of the stock at 'buy' with a 350p price target.
Europe midday: Shares sag as political controversy on Capitol Hill heats up
Stocks are holding lower come midday as reports that the US president may have tried to influence decisions by Federal Bureau of Investigation chief James Comey stoked the flames of political controversy on Capitol Hill.
Europe open: Volatility picks up as controversy on Capitol Hill intensifies
Stocks began the day lower as reports that the US president may have tried to influence decisions by Federal Bureau of Investigation chief James Comey stoked the flames of political controversy on Capitol Hill.
London midday: Stocks flat as pound pops higher after UK jobs data
Stocks in London were steady by midday, giving up the small gains from earlier as the pound popped higher after the latest round of UK jobs data showed the unemployment rate hit a 42-year low, but real wages shrank.
Landore Resources upbeat on BAM East drilling progress
Landore Resources updated the market on progress made on extension and infill drilling of the BAM East Gold Project on its Junior Lake Property, Ontario, Canada on Wednesday.
Playtech reports strong start and M&A pipeline
Despite a hiccup over the launch of a bingo partnership, Playtech said it has enjoyed a "strong performance" so far 2017 and was engaged in "active discussions" over a range of potential acquisitions.
Coats Group posts 'solid' performance in year to date
Industrial thread and consumer textile crafts business Coats Group updated the market on its trading for the period 1 January to 30 April on Wednesday, as investors prepared for its annual general meeting later in the day.
Non-Standard's 'Loans at Home' gets full FCA authorisation
Non-Standard Finance announced on Wednesday that Loans at Home, the group's home-collected credit business, had received its full FCA authorisation.
Asia report: Most markets lower after weak Wall Street session
Markets in Asia were mostly lower on Wednesday, taking their cue from the US overnight where retailers dragged on Wall Street as questions remained around President Donald Trump’s handling of classified information.
Results round-up
Bodycote reported in-line trading for the first four months of the year, with revenues up in all divisions.
Broker tips: Halfords, Kingfisher, Rio Tinto, Hikma Pharmaceuticals
With the retail sector's risk profile increasing as the UK discretionary consumer outlook deteriorates, HSBC downgraded and cut the target prices for Dunelm and Halfords, but upgraded Kingfisher to 'buy' due to its transformation plans.
US pre-open: Stocks seen weaker on Trump concerns
US futures pointed to a weaker open on Wall Street on Wednesday as growing political turmoil prompted doubts about President Trump's ability to push through his economic agenda.
Hargreaves sell-off on Vanguard launch is 'over-reaction'
After Hargreaves Lansdown's shares were hit by worries over a price war in the funds market due Vanguard's launch of a low cost product, analysts at Shore Capital said this was a big over-reaction.
Twitter rises after return of co-founder Biz Stone
Biz Stone, one of the co-founders of microblogging site Twitter, has returned to the company in its latest attempt to stem the tide of slowing user growth and increased competition.
Euro area construction output slides in March
Construction output in the Eurozone fell in March as building activity fell back following an outsized jump in the month before.
HSBC downgrades Dunelm, Halfords over 'toxic' squeeze on consumer spend
With the retail sector's risk profile increasing as the UK discretionary consumer outlook deteriorates, HSBC downgraded and cut the target prices Dunelm and Halfords, but upgraded Kingfisher to 'buy' due to its transformation plans.