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Wednesday preview: Fed rate decision, UK CPI in focus
All eyes in the middle of the week will be on the Federal Reserve, as rate-setters in Washington D. C. wrap up their two-day monetary policy meeting.
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Sector movers: Banks and Big Oil pace gains
Banks and Big Oil paced gains on the FTSE 350 on Tuesday, even as investors braced for the U. S. central bank's policy announcement the next day - against the backdrop of rising oil prices.
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Europe close: Stocks end on mixed note ahead of Fed decision
European markets finished on a mixed note on Tuesday as eurozone as traders girded for the U. S. central bank's latest policy decision the next day, against the backdrop of higher oil prices.
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BofA restarts IHG at 'buy', says valuation discount 'unjustified'
Analysts at Bank of America restarted coverage of Intercontinental Hotels Group at 'buy' with a 7,200. 0p target price, arguing that the shares' valuation discount versus peers was "unjustified".
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London close: Fed, BoE nerves set as stocks finish flat
Stocks finished Tuesday's trading session flat as another jump in oil prices added to nerves ahead of monetary policy meetings at the Federal Reserve and Bank of England in the coming days.
FTSE 250 movers: C&C gains on update; SThree in favour
C&C Group said in a trading update on Tuesday that it expected its first-half operating profit to fall between €29m to €31m.
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US open: Stocks dip as Fed meeting gets under way
Nervous traders were pushing stocks slightly lower as the Federal Reserve's two-day policy meeting got under way.
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FTSE 100 movers: Kingfisher down 11% after profit warning
Kingfisher lost more than a tenth of its market value on Tuesday after the DIY retail conglomerate warned shareholders that it would have to scale back profit guidance this year.
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Ocado holds guidance as Q3 retail sales rise 7.2%
Online grocer and technology company Ocado maintained annual guidance after a 7. 2% rise in third-quarter retail revenues.
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Director dealings: M&S non-exec invests, Brooks Macdonald CEO deals with options
Marks & Spencer was among those on the list of director buys on Tuesday after a non-executive director picked up more than 9,000 shares.
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Accesso swings to statutory loss despite improved revenue
Leisure and entertainment sector technology provider Accesso reported a 3. 2% revenue increase in its interim results on Tuesday to $65. 78m.
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Team17 maintains expectations as first-half earnings slip
Video games specialist Team17 reported a 31% increase in revenue in its half-year results on Tuesday, reaching £69. 7m, up from £53. 2m in the first half of 2022.
Broker tips: C&C Group, Redrow
Shares in Bulmers and Magners maker C&C Group jumped on Tuesday after the drinks manufacturer delivered a "resilient" and "reassuring" underlying performance in the first half, according to Shore Capital.
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US housing starts drop by more than expected in August
Homebuilding activity in the States fell sharply last month, although a key lead indicator pointed to somewhat more buoyant conditions in coming months.
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Berenberg still upbeat on Redrow despite 'tough year ahead'
Berenberg has retained a 'buy' stance on housebuilder Redrow despite cutting its profit forecasts, saying the stock is one of the more "attractively valued" in the sector.
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Fintel confident after robust first half of trading
Financial technology and support provider Fintel reported a 2% rise in core revenue in its half-year results on Tuesday, to £27. 6m.
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Serica trims production guidance after completing Tailwind acquisition
Upstream oil and gas company Serica Energy noted the March acquisition of Tailwind Energy Investments in its interim results on Tuesday, which raised 2P reserves to 130 million barrels of oil equivalent as of 31 December.
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Avacta upbeat on fresh data from chemotherapy trial
Life sciences company Avacta Group announced the successful completion of its sixth dose escalation cohort in the ALS-6000-101 phase one clinical trial on Tuesday, assessing the safety and tolerability of the drug, AVA6000.
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C&C Group a 'buy' after resilient first-half performance
Shares in Bulmers and Magners maker C&C Group jumped on Tuesday after the drinks manufacturer delivered a "resilient" and "reassuring" underlying performance in the first half, according to Shore Capital.
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Big Technologies revenue, earnings rise in first half
Monitoring technology specialist Big Technologies reported a 19% rise in first-half revenue on Tuesday, reaching £27. 3m, up from £22. 9m in the same period in 2022.