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Wednesday preview: US CPI, Bank of Canada in the spotlight
All eyes in the middle of the week will be on the latest consumer price data due out in the States.
US close: Dow Jones delivers fourth-straight daily loss
Major indices closed lower on Tuesday as both the S&P 500 and Nasdaq Composite retreated from their record highs in the previous session.
Broker tips: British Land, BAE Systems, Hikma, Unite, Londonmetric
Goldman Sachs upgraded its stance on British Land on Tuesday to 'buy' from 'neutral', citing a stronger growth outlook, as it took a look at European real estate stocks.
Europe close: Stocks retreat from seven-week high
European stocks snapped an eight-day winning streak on Tuesday after a flat start on Wall Street, with investors taking money off the table following recent highs.
Porvair profits slightly ahead of market forecasts
Porvair, the specialist filtration, laboratory and environmental technology businesses, has revealed that full-year profits should be "marginally" ahead of market expectations.
London close: Stocks finish lower as Ashtead announces US move
London stocks closed in negative territory on Tuesday, weighed down by a dip in sentiment following news that Ashtead planned to shift its primary listing to the United States, adding to a growing trend of London-listed firms looking across the Atlantic.
Director dealings: Victoria CEO raises stake
Victoria revealed on Tuesday that chief executive Philippe Hamers had acquired 200,000 ordinary shares in the AIM-listed flooring products distributor.
Pennant International set to end year as expected
Systems support software and training solutions specialist Pennant International forecast full-year results in line with market expectations in an update on Tuesday, flagging revenue of around £14m and adjusted EBITDA of £1. 2m.
FTSE 100 movers: Ashtead tumbles; British Land boosted by upgrade
London’s FTSE 100 was down 0. 8% at 8,285. 40 in afternoon trade on Tuesday.
88 Energy upbeat on PEL 93 initial seismic data
88 Energy announced the initial interpretation of 2D seismic data for its PEL 93 exploration licence in Namibia’s Owambo Basin on Tuesday, which were processed by Monitor Exploration and confirmed 10 independent structural leads.
Boeing shares jump as 737 MAX production reportedly resumes
Shares in struggling aerospace giant Boeing jumped on Tuesday after reports that it resumed production of its 737 MAX jetliners last week.
Dekel reports subdued palm oil production, improved prices
West African agriculture company Dekel Agri-Vision said in an update on Tuesday that palm oil production at the Ayenouan project remained subdued in November due to the typical low season, with crude palm oil (CPO) production down 73. 9% compared to the same period in 2023.
US open: Stocks mixed as investors await tomorrow's CPI reading
Wall Street trading got off to a mixed start on Tuesday after both the S&P 500 and Nasdaq Composite retreated from their record highs in the previous session.
Estimates of US labour cost growth revised lower
Labour cost growth in the States over the half year ending in September undershot economists' forecasts, likely signalling that a further reduction in inflation was on the cards.
TeamViewer shares plunge after $720m deal to buy 1E
Shares in TeamViewer plunged on Tuesday as the remote-working software maker said it was buying 1E from Carlyle Group for $720m.
Atome secures option for additional land at Villeta
Green fertiliser project developer Atome announced on Tuesday that it has secured an option to acquire an additional 13 hectares of land adjacent to its Villeta facility in Paraguay.
DG Innovate announces placing for 'immediate needs'
Shares in DG Innovate dropped on Tuesday after the mobility and energy storage technology company announced a share placing to raise £500,000.
Cambridge Cognition FY revenues seen at no less than £10m
Brain health software group Cambridge Cognition said on Tuesay that full-year revenues were expected to be no less than £10. 0m, while adjusted underlying earnings was seen at close to breakeven.
Canary Wharf secures £610m loan with Apollo
Canary Wharf Group has secured a £610m loan with US private capital firm Apollo, the east London landlord confirmed on Tuesday.