Market Pulse
Boeing third quarter profit takes off
Shares in Boeing jumped in early trading in New York on Wednesday, after the aerospace giant lifted its full-year outlook on the back of a strong third quarter performance.
US open: Stocks edge higher as investors analyse raft of mixed earnings
US stocks edged higher early on Wednesday, as investors analysed a deluge of mixed corporate earnings reports.
FTSE 250 movers: Special dividend hopes boost Fidessa
After a poor start to the day, the FTSE 250 rebounded to 17,077. 60, up 93. 57 points (0. 55%).
FTSE 100 movers: ARM surges but Pearson slumps as it cuts guidance
London’s FTSE 100 was up 0. 3% to 6,365. 27 at 1400 BST, bouncing back from early declines as investors cheered better-than-expected public finance figures.
Thursday preview: ECB to reveal policy with QE in focus
Following a quiet start to the week, the pace is set to pick up on Thursday with a batch of economic data releases and the European Central Bank’s policy decision.
Hydrodec's Ohio refinery back up and running
Hydrodec Group announced its return to the US transformer oil market, with strong sales of Superfine transformer oil from its rebuilt and expanded plant at Canton, Ohio, to customers in the US and Mexico.
4imprint confident of 'high teens' growth for full year
4imprint Group said it has continued to experience strong organic growth in the period since the announcement of its half year results on 29 July, with the balance between new and existing customer orders consistent with previous periods.
Sweett Group sells Asia Pacific and India businesses for GBP9.3m
Sweett Group, a provider of professional services for the construction and management of building and infrastructure projects, has sold its Asia Pacific and India businesses for £9. 3m in cash.
Wednesday newspaper share tips: Spotlight on IHG after third quarter results
After strong third quarter results yesterday, the spotlight is on InterContinental Hotels Group in The Times’ Tempus column.
US MBA mortgage applications surge in week to 16 October
Applications for US home mortgages surged last week, data released on Wednesday showed.
Transense Technology surges after selling loss-making division
Shares in Transense Technologies surged over 25% on Wednesday, after the technical research provider revealed it has agreed to sell its loss-making IntelliSAW division.
Techfinancials leaps on Hong Kong binary options joint venture
Broking software developer TechFinancials has sealed a deal to supply Hong Kong-based firm with the means to run a retail-focused binary options trading platform focused on the Asia Pacific region.
Work Programme failing over 70% of claimants, say MPs
A committee of MPs has found that almost 70% of the people who go through the government’s £5bn Work Programme don’t find long-term employment.
It may be too late for Home Retail to turn around Argos, Canaccord says
Home Retail’s interims did little to dispel the doubts of analysts at Canaccord Genuity about the ability of the company to turn around the financial performance of its Argos division.
London midday: Equity markets rebound as public finance figures beat forecasts
UK equity markets on Wednesday rebounded from earlier declines after better-than-expected public finance figures.
Europe midday: Stocks turn higher as investors wade through earnings
European stocks shook off early losses to trade higher, with investors sifting through a raft of earnings as they looked to Thursday’s eagerly-awaited European Central Bank meeting.
US pre-open: (Back to the) Futures edge higher ahead of more corporate earnings
US stock futures edged higher on Wednesday, ahead of yet another raft of corporate earnings reports.
Trinity Exploration sells onshore assets for $21m
Trinity Exploration is selling its onshore assets for $20. 8m to Touchstone Exploration.
Asia: Equity markets mixed as Japanese exports disappoint
Asian stocks closed on a mixed note on Wednesday, with Japan advancing but China losing ground.
Pearson cuts earnings guidance as sales fall 4% in third quarter
Underlying sales fell 4% at Pearson in the third quarter and the education group has reduced its earnings guidance range for the full year by 5p to 70p-75p.