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US close: Stocks sharply lower following Q2's first big-name tech earnings
Wall Street stocks closed sharply lower on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
Europe close: Shares close lower on weaker EZ surveys, luxury stocks
European shares closed lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Europe midday: Shares down on luxury stocks, weak PMI data
European shares were lower on Wednesday, with luxury stocks under the pump as LVMH second-quarter sales growth missed consensus estimates and eurozone service and manufacturing surveys showing weaker readings.
Bank of Canada cuts rates again
The Bank of Canada on Wednesday cut its key policy rate for the second month in a row, as expected, and said it would trim again if inflation continued to fall.
Broker tips: Volution, Nexteq
Over at Berenberg, analysts hiked their target price on ventilation equipment business Volution to 600. 0p from 500. 0p on Wednesday following the group's full-year trading update.
London close: Stocks pare some losses as UK private sector expands
London's stock markets ended Wednesday in negative territory, with a late recovery fueled by better-than-expected data from the UK's private sector failing to lift equities above the waterline.
Director dealings: Jubilee Metals CEO raises stake
Jubilee Metals revealed on Wednesday that chief executive officer Leon Coetzer had acquired 625,000 ordinary shares in the Africa-focussed metals processor.
Ascential shares soar after £1.2bn bid from Informa
Publishing and exhibitions group Informa on Wednesday said it was buying rival Ascential in an agreed £1. 2bn deal.
US open: Stocks lower following tech earnings, data
Wall Street stocks were firmly in the red early on Wednesday after investors got their first taste of Q2 big tech earnings overnight and thumbed over a number of data points.
US private sector output growth picks up slightly in July
Private sector activity in the US held up well in July, even as factory output shrank for the first time since January, survey results revealed.
Tortilla Mexican Grill warns on FY profits
Shares in fast-food restaurant chain Tortilla Mexican Grill slumped on Wednesday after the group warned that steps taken to boost profitability were taking longer than expected to bear fruit.
Nichols lifts expectations after bumper first half
Soft drinks maker Nichols reported continued strong trading in its interim results on Wednesday, underpinned by the delivery of its strategic priorities, as it lifted its adjusted profit expectations for the full year.
Greencore shares up as FY forecasts lifted
Shares in Greencore rose on Wednesday as the Ireland based convenience food company upgraded full-year earnings guidance as it reported a rise in revenue and continued improvement in profit conversion.
FRP Advisory full-year revenue, earnings rise
FRP Advisory Group reported significant growth and resilience in its full-year results on Wednesday, maintaining its strategic focus on organic growth supplemented by selective acquisitions.
London midday: Stocks pare losses as UK data impresses
UK stocks were trading in the red on Wednesday but had trimmed some of their losses by lunchtime as economic data came in ahead of expectations.
Europe open: Luxury stocks weigh as LVMH Q2 disappoints
European shares opened lower on Wednesday as investors eyed eurozone manufacturing survey data and regional bank earnings, while luxury stocks were under the pump after LVMH second-quarter sales growth missed consensus estimates.
US pre-open: Futures lower following first batch of Q2 tech earnings
Wall Street futures were pointing to losses ahead of the bell on Wednesday after investors got their first taste of Q2 big tech earnings overnight.
Deutsche Bank halts buyback plan as H1 profits sink
Deutsche Bank shares tanked on Wednesday after the German bank paused its share buyback programme amid a sharp decline in first-half profits following a big charge relating to its 2010 takeover of Postbank.
Expanded Breedon Group posts strong first half
Construction materials group Breedon reported a robust first-half performance on Wednesday despite challenging market conditions, driven by strategic progress and operational efficiency.