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Halfords backs FY profit guidance as revenues rise
Halfords backed its full-year profit guidance on Wednesday following a good performance across the business, as it reported a rise in revenues.
Barratt Developments profits rise as completions recover to pre-Covid levels
Barratt Developments announced a £200m share buyback on Wednesday and posted a rise in full-year profit and revenue as completions recovered to pre-pandemic levels.
China exports falter as global demand softens
China’s exports slowed markedly in August, official customs data showed on Wednesday, as global demand started to soften.
Molten Ventures agrees to new £150m NAV facility
Venture capital firm Molten Ventures said on Wednesday that it has agreed to a new £150. 0m net asset value facility with JP Morgan Chase and Silicon Valley Bank.
German industrial production falls a little less than expected
German industrial production fell a little less than expected in July, according to figures released by Destatis on Wednesday.
Oxford Biomedica inks LSA with new US biotech partner
Gene and cell therapy group Oxford Biomedica has struck a new licence and supply agreement with an unnamed US partner.
WH Smith FY results seen in line with upgraded guidance, Barratt Developments annual profits rise
London pre-open The FTSE 100 was being called to open 45. 5 points lower after closing out the previous session 0. 18% firmer at 7,300. 44.
London pre-open: Stocks seen lower after downbeat US, Asian sessions
London stocks were set to fall at the open on Wednesday following downbeat sessions in the US and Asia and some disappointing data.
WH Smith FY earnings seen in line with upgraded guidance
Retailer WH Smith said on Wednesday that it had continued to see a "strong performance" from its travel unit in the second half, with group revenue coming in "comfortably in excess" of pre-Covid levels.
Wednesday newspaper round-up: Darktrace, Twitter, EnQuest
It is an award-winning pioneer in the fast-growing cybersecurity industry, boasting veterans of the spy community and the British political establishment on its payroll. It is also the subject of admiring glances from a deep-pocketed US private equity house pondering a takeover that could lead to payouts worth £200m for its management team. But there are clouds hanging over Darktrace, in the shape of analysts’ criticism of its business model and concerns about its workplace culture, not to mention an escalating legal battle over a multi-billion pound fraud.
US close: Stocks finish weaker after long weekend
Wall Street stocks closed weaker on Tuesday, as traders returned from the Labor Day long weekend to rising bond yields and fears the Federal Reserve's attempts to aggressively tighten monetary policy could put more pressure on the economy.