Headline News
US import price index undershoots forecasts in September
The cost in the US of goods purchased overseas undershot economists' forecasts last month as the fuel prices plummeted.
Tate & Lyle shares soar on report Advent prepping takeover
Shares in food ingredients group Tate & Lyle surged by more than 10% on Wednesday on a report that US private equity group Advent was preparing a bid for the company.
Ryanair braced for delivery delays as problems mount at Boeing - O'Leary
Ryanair could be forced to trim its 2025 traffic outlook, it was reported on Wednesday, on the back of mounting problems at key supplier Boeing.
Shares under pressure as government, FCA probe car insurance
Shares in UK motor insurance firms fell on Wednesday, after two investigations into the sector were announced simultaneously.
Hutchmed reports positive results from AstraZeneca lung cancer collaboration
Hutchmed China announced positive results from its Savannah phase two trial on Wednesday, which studied the combination of ‘Tagrisso’, or osimertinib, and ‘Orpathys’, or savolitinib, in treating patients with epidermal growth factor receptor-mutated (EGFRm) non-small cell lung cancer (NSCLC), who had high levels of MET overexpression or amplification and whose disease progressed after treatment with Tagrisso.
Supermarket sales spark as festive shopping gets underway
Supermarket sales sparked in September, industry data showed on Wednesday, as shoppers stocked up on Halloween treats and early Christmas bargains.
XPS Pensions upbeat on strong half-year trading
XPS Pensions reported strong trading for the six months ended 30 September on Wednesday, with revenue from continuing operations up 23% year-on-year.
Quilter flags strong third quarter
Quilter reported strong third quarter net inflows of £1. 4bn in an update on Wednesday, significantly outpacing the first and second quarter levels and marking record quarterly net inflows of £1. 5bn on its platform.
Mony Group confident despite third-quarter revenue slip
Mony Group reported a 2% year-on-year decline in third-quarter revenue in a trading update on Wednesday, largely due to underperformance in its travel and home services divisions.
Oxford Instruments reports strong first-half demand
Oxford Instruments reported strong demand and order intake growth in a half-year trading update on Wednesday.
Shares fall after LVMH sales disappoint
Shares in Europe’s luxury goods firms came under pressure on Wednesday, after third-quarter numbers from France’s LVMH missed expectations.
Primary Health Properties rent growth slows amid falling inflation
Healthcare facilities investor Primary Health Properties reported an additional £2. 7m in rental income in a third quarter update on Wednesday - a slight decrease compared to £3. 3 million for the same period in 2023.
Third-quarter iron ore production ticks higher at Rio Tinto
Anglo-Australian miner Rio Tinto left its annual iron ore forecasts unchanged on Wednesday, after third quarter production edged higher.
GSK UTI treatment gets FDA priority review status
GSK announced on Wednesday that the US Food and Drug Administration (FDA) has accepted its new drug application (NDA) for gepotidacin, a first-in-class oral antibiotic, under priority review.