Market Pulse
FTSE 100 movers: Miners move up while airlines skydive
The FTSE 100 was up 41. 13 points (0. 65%) to 6,367. 29 by mid-afternoon Wednesday.
SABMiller rejects AB InBev's latest offer
SABMiller has rejected AB InBev's latest takeover offer of £42. 15 per share.
Thursday preview: BoE, ECB and Federal Reserve reveal policy details
The central banks of England, Europe and the US will take centre stage on Thursday as they release details of their latest policy decisions.
Broker tips: M&S, European airlines, Sports Direct
Marks & Spencer was under pressure after JPMorgan Cazenove downgraded the stock to ‘neutral’ from ‘overweight’ and cut its price target to 550p from 600p.
Hydrodec sells Knowsley office premises in 0.7m deal
Hydrodec Group’s UK subsidiary has completed the disposal of its Knowsley office premises, plant and associated assets in the UK to Mulberry Waste for around £685,000 in cash.
FX Roundup: Currency plays mixed but pound up on industrial data
The forex market failed to record dominant movements in favour of any major currency on Wednesday, as most global crosses saw mixed fortunes while the ongoing commodities rally eased pressure on exporters' currencies.
Gemfields profit drops despite rising revenue
Gemfields, which provides ethically-sourced rare-coloured gemstones, posted a drop in pre-tax profit in the full year as costs rose and the margin was squeezed, even as revenue and production grew.
Shop price drop accelerates in September, BRC says
Deflation tightened its grip on the High Street in September, according to one of the most widely followed sector surveys.
RBC Capital downgrades Sports Direct, sees better value elsewhere
RBC Capital Markets downgraded Sports Direct to ‘sector perform’ from ‘outperform’ and cut its price target to 850p from 900p.
US mortgage applications surge in week to 2 October, MBA says
Applications for US home mortgages surged last week, data released on Wednesday showed.
London midday: Stocks rise on growth in UK manufacturing and industrial output
London stocks rose after reports showed better-than-expected growth in UK manufacturing and industrial output in August.
Europe midday: Stocks led higher by surge in basic resources
European equity markets edged higher, underpinned by strength in the basic resources and oil and gas sectors, as investors shrugged off another disappointing German data release.
Arricano Real Estate to invest $80m in Ukraine shopping centre
Shares in Arricano Real Estate jumped almost 9% early on Wednesday, after the shopping centre developer confirmed plans to invest $80m in a new project in Odessa, in southern Ukraine.
Fighting talk as AB InBev makes third offer to SABMiller
AB InBev has submitted a third takeover offer to SABMiller at £42. 15 per share, but it's expected the company will reject the offer.
Wednesday newspaper share tips: Betting on Betfair; trusting Melrose's management
At what point do you cash out when betting? Do you take an early gain and take the profits? Or do you stay in for the long haul, hoping for a bigger return?.
US pre-open: Futures point to positive open as Wall Street takes lead from worldwide markets
US stock futures edged higher on Wednesday, taking the lead from worldwide equity markets and boosted by a rally in oil prices.
Asia: Markets edge higher as BoJ keeps stimulus on hold
Asian equity markets edged higher on Wednesday, after the Bank of Japan opted against extending its stimulus measures, even though its inflation target is under threat amid slumping exports and a decline in oil prices.
Ceres Power reports wider loss but strengthens balance sheet
Ceres Power Holdings has reported a wider loss after a drop in revenue and a rise in operating costs.
Johnston Press closes more titles as it looks to cut costs
Media group Johnston Press announced the closure of several print titles as it looks to cut costs and focus on its online expansion.
Sabien Technology slumps as annual loss nearly doubles
Shares in Sabien Technology slumped almost 6% early on Wednesday, as the energy-efficient technology provider posted a wider annual loss.