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RBC Capital lifts price target on DCC
RBC Capital Markets lifted its price target on DCC on Wednesday to 5,800p from 5,700p after full-year results a day earlier.
Zotefoams reports significant milestone in carton commercialisation
Shares in material solutions group Zotefoams jumped on Wednesday after the company reported progress towards the commercialisation of its ReZorce beverage cartons.
London midday: FTSE stays up ahead of US inflation
London stocks were off earlier highs but still in the black by midday on Wednesday, helped along by the likes of Experian and Imperial Brands, as investors eyed the latest US inflation reading.
Empire Metals reports latest findings from Pitfield drilling
Empire Metals unveiled the analytical lab results from the final 22 reverse circulation (RC) drill holes at the Pitfield Project in Western Australia on Wednesday.
US mortgage applications rise 0.5%
US mortgage applications rose 0. 5% in the week ended 10 May, according to the Mortgage Bankers Association of America, following on from a 2. 6% jump in the previous week.
Eurozone inflation to fall faster than forecast - EU
Eurozone inflation is set to fall faster than initially expected this year, the European Commission forecast on Wednesday.
US pre-open: Futures little changed ahead of CPI reading
Wall Street futures were little changed ahead of the bell on Wednesday as market participants held their breath for last month's all-important consumer price index report.
Abingdon Health launching saliva pregnancy test with Boots
Lateral flow contract development and manufacturing organisation Abingdon Health announced the launch of Boots' own-brand saliva pregnancy self-test across the UK and online on Wednesday, in collaboration with Salignostics and Crest Medical.
Griffin Mining revenue, profits jump in 2023
Griffin Mining reported a substantial increase in revenue in its final results for 2023 on Wednesday, to $146. 02m, compared to $94. 4m in 2022.
Itim Group wins five-year contract renewal with Majestic Wine
Retail software-as-a-service provider Itim Group announced the renewal of a five-year multi-million-pound contract with Majestic Wine on Wednesday, for its ‘Unify’ platform.
Europe midday: Shares rally as eurozone exits recession
European shares rallied to a fresh record high at the open on Wednesday as the eurozone exited recession investors looked ahead to a widely anticipated US inflation release.
Equals Group extends offer deadline as review continues
Equals Group updated the market on its ongoing strategic review on Wednesday, confirming an extension of the put-up or shut-up deadline.
Savills trading ahead of last year despite subdued market
Savills said in an update on Wednesday that its performance for the year-to-date aligned with expectations, surpassing the corresponding period last year.
Alba reports better-than-expected waste tip gold findings
Alba Mineral Resources announced the successful extraction of high-grade gold from samples obtained during the trenching programme at the historic waste tip within its wholly-owned Clogau-St David's Gold Mine in North Wales on Wednesday.
Henry Boot wins £36m Rotherham Markets contract
Henry Boot announced on Wednesday that its construction arm has secured a pivotal contract from Rotherham Council.
Thyssenkrupp lowers full-year guidance again
German industrial conglomerate Thyssenkrupp has cut its forecasts for full-year sales and net profit as a result of volume reductions and lower steel prices, along with write-downs that will impact the bottom line.
Eurozone GDP edges higher in first quarter
Eurozone economic growth ticked higher in the first quarter of 2024, official data showed on Wednesday.
DSW Capital FY adjusted pre-tax profits fall
Professional services business DSW Capital said on Wednesday that adjusted pre-tax profits had contracted in the year ended 31 March but said network revenues and total income from licensees were expected to be in line with current expectations.
IEA cuts forecasts for oil demand in 2024
The International Energy Agency (IEA) has slashed its oil demand forecast for 2024 as a result of poor industrial activity and mild winter temperatures, which have sapped gasoil consumption so far this year.
4Global FY revenues seen higher on strong H2 trading performance
Data and technology company 4Global said on Wednesday that full-year revenues were on track to grow following a "strong" H2 trading performance.