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Hilton hikes expectations after bumper third quarter
Hotel giant Hilton Worldwide surpassed third-quarter revenue expectations in its latest figures on Wednesday on the back of record-high lodging prices and increased occupancy rates, prompting an upward revision to its annual forecast.
Europe midday: Shares down as Worldline tanks on profit warning
European shares extended losses on Wednesday as Worldline stock plunged by 60% after the French payments company slashed earnings targets.
Reckitt Benckiser unveils £1bn share buyback
Reckitt Benckiser unveiled plans to return £1bn to shareholders on Wednesday, as new chief executive Kris Licht laid out plans to boost revenues over the medium term.
Payments firm Worldline cuts annual forecast, shares dive
Shares in Worldline plunged on Wednesday, after the French payments specialist cut its full-year forecasts.
Franchise Brands maintains expectations as it integrates Pirtek
In a third-quarter update on Wednesday, multi-brand franchise operator Franchise Brands said that the B2B businesses, which focus on essential reactive services, including Metro Rod and Metro Plumb in the UK and Pirtek in eight European countries, all achieved record trading levels.
London midday: Stocks a touch lower as Reckitt tumbles
London stocks were a touch weaker by midday on Wednesday, with Reckitt Benckiser under the cosh, as investors mulled the latest stimulus measures from China and mixed reactions to results from Microsoft and Google owner Alphabet overnight.
Dassault Systèmes shares jump as subscription sales accelerate in Q3
Shares of Dassault Systèmes jumped nearly 8% in Paris on Wednesday after the French software giant outperformed its own expectations in the third quarter, as growth in subscription sales accelerated.
SkinBioTherapeutics launches new consumer study into acne
Life sciences company SkinBioTherapeutics said on Wednesday that it had begun a new consumer study into acne, with two new formulas set to be trialled in order to compare efficacy against "the most common skin condition".
Adani auditor facing inquiry by India’s accounting regulator - report
One of the Adani Group’s long-time auditors is reportedly being scrutinised by India’s accounting regulator.
German business sentiment surprises on the upside
Business sentiment in Germany strengthened in October, a closely-watched survey showed on Wednesday.
US pre-open: Futures mixed as Microsoft beats targets, Alphabet disappoints
Stock futures were pointing to a flat start on the Dow Jones Industrial Average but losses on the S&P 500 and Nasdaq after some mixed reactions to quarterly earnings from heavyweights Alphabet and Microsoft.
Berenberg lowers target price on Anglo American
Analysts at Berenberg cut their target price on Anglo American on Wednesday from 2,600. 0p to 2,500. 0p, saying the miner's third-quarter production results had sparked "little joy".
Santander posts surge in net profits
Santander reported a surge in third-quarter net profits on Wednesday, boosted by higher interest rates.
Asia report: Stocks mixed as Australian inflation falls less than expected
Equity markets in the Asia-Pacific region saw gains and losses on Wednesday as investors closely examined Australia’s third-quarter inflation figures.
Sales slump at Gucci owner Kering
Shares in Gucci owner Kering fell on Wednesday after it reported a decline in third-quarter revenue, citing softening demand.
Deutsche Bank tops forecasts, raises capital outlook
Shares in Deutsche Bank rallied in Frankfurt on Wednesday after the Germany banking giant beat third-quarter forecasts and raised its capital outlook.
IG Design sees 'significant growth' in profits
Stationery and gifts manufacturer IG Design Group said on Wednesday that it had seen "significant growth" in both profit and margins in the six months ended 30 September.
Advanced Medical Solutions inks three hospital distribution deals
Tissue-healing technology specialist Advanced Medical Solutions announced the execution of its new US ‘LiquiBand’ route-to-market strategy on Wednesday, signing three hospital distribution agreements.
Heineken beer sales fall in Q3; reiterates FY guidance
Brewing giant Heineken reiterated its full-year guidance on Wednesday, even as it sold less beer during the third quarter.
Sylvania Platinum revenue falls despite production milestone
Sylvania Platinum said in a first-quarter update on Wednesday that Sylvania Dump Operations (SDO) achieved a production milestone during the period, delivering 20,173 4E (25,533 6E) platinum group metals (PGM) ounces.