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Europe close: Stocks end on mixed note ahead of ECB
European shares finished on a mixed note on Wednesday as investors digested the latest UK inflation figures which came in slightly higher than forecast, dampening hopes of a rate cut from the Bank of England.
Thursday preview: UK employment, ECB, AJ Bell in focus
The market spotlight on Thursday will be on the UK jobs market and whether or not the latest data support expectations for an interest rate cut in September.
Broker tips: Rio Tinto, Legal & General
Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 5,800. 0p to 5,700. 0p on Wednesday following Q2 production results from the company.
Johnson & Johnson shares rise on earnings beat despite mixed outlook
Johnson & Johnson's stock was in the green on Wednesday, after the pharmaceutical giant reported second-quarter earnings and sales that surpassed analysts' expectations, largely driven by its innovative medicines segment.
London close: Stocks mixed as UK inflation holds steady
London stocks ended mixed on Wednesday as the latest inflation data came in slightly higher than anticipated, casting doubt on a potential interest rate cut in August.
Director dealings: Trufin CEO makes share purchase
Trufin revealed on Wednesday that chief executive officer James van den Bergh had acquired 50,890 ordinary shares in the AIM-listed financial services firm.
Rio Tinto lowers target price on Rio Tinto following Q2 production results
Analysts at Berenberg lowered their target price on mining giant Rio Tinto from 5,800. 0p to 5,700. 0p on Wednesday following Q2 production results from the company.
FTSE 100 movers: SVT, United Utilities recover some ground; L&G hit by downgrade
London’s FTSE 100 was up 0. 4% at 8,197. 09 in afternoon trade on Wednesday.
US open: Stocks mixed following Dow's big session
Wall Street stocks mixed early on Wednesday following big gains for the blue-chip Dow Jones in the previous session.
GitLab said to be exploring sale, shares surge
GitLab surged on Wednesday following a report it is exploring a sale after attracting acquisition interest.
Vela strikes 'opportunistic' deal with Hamak Gold
Vela Technologies, an investing company focussed on early-stage and pre-IPO disruptive technology investments, announced on Wednesday that it has entered into an unsecured convertible loan note instrument with Hamak Gold, a Liberia-based gold exploration and development company listed in London.
Mineral and Financial reports regulatory progress at Lagoa Salgada
Mineral and Financial Investments updated the market on the Lagoa Salgada polymetallic project in Portugal on Wednesday, reporting that Redcorp Empreendimentos Mineros, in which it holds a conditional 20% carried interest, had successfully filed the final stage submission of the environmental impact assessment (EIA) for the project.
US industrial production jumps in June, led by output from utilities
Industrial production in the States jumped in June, led by a surge in output from utilities.
Oriole Resources reports progress at Bibemi
Central Africa-focussed gold explorer Oriole Resources updated the market on its 82. 2%-owned Bibemi orogenic gold project in Cameroon on Wednesday.
US housing starts pick up in June, but details weak
Homebuilding activity in the US picked up last month, but the details of the report were not as strong as it might appear at first hand.
Serabi maintains guidance after solid second quarter
Serabi Gold released its second quarter production results and operating highlights for the second quarter of the year on Wednesday, reporting significant improvements in gold production and financial stability.
Panthera kicks off drilling at Bido Project
West Africa and India-focussed gold explorer and developer Panthera Resources announced the start of a drilling programme at its Bido Project in Burkina Faso on Wednesday.
Angus completes annual shutdown at Saltfleetby
Angus Energy announced on Wednesday that it has successfully completed its planned annual maintenance shutdown at the Saltfleetby site, finishing on 13 July.
Klarna lining up financial advisers for US IPO - report
Swedish payments fintech Klarna is reportedly lining up financial advisers for a long-awaited initial public offering in the US that will be among the most anticipated listings in recent years.