Market Pulse
Broker tips: Moneysupermarket.com, Pearson, Anglo American
Shares in Moneysupermarket. com have surged after Jefferies upgraded the stock from ‘hold’ to ‘buy’.
Moneysupermarket.com surges on Jefferies upgrade
Shares in Moneysupermarket. com have surged after Jefferies upgraded the stock from ‘hold’ to ‘buy’.
US open: Stocks advance as oil prices eke out small gains
US equities edged higher early on Wednesday, with Wall Street seemingly on course to snap a two-day losing streak.
FTSE 100 movers: Anglo tanks again but Ashtead surges on results
London’s FTSE 100 index was trading flat at 6,136. 07 at 1400 GMT, with Anglo American under pressure again.
Pearson slips on Deutsche note and downbeat earnings from US peer
Education publisher Pearson was on the back foot on Wednesday after Deutsche Bank cut its price target on the stock to 770p from 950p.
Chinese CPI rises more quickly than forecast in November
The cost of living in China rebounded in November as poor weather impacted food prices and deflationary pressures in the transport sector eased.
US MBA mortgage applications advance in first week of December
Applications for US home mortgages rose last week, data released on Wednesday showed.
Wednesday newspaper tips: Hold on to Victrex for special dividends
Victrex’s plan to return cash to shareholders is prompting The Telegraph’s Questor to advise traders to hold on to the shares.
Thursday preview: BoE to keep interest rates steady in December, analysts expect
The Bank of England is expected to keep interest rates unchanged when the central bank announces its latest policy decision on Thursday.
Bank of England divided over banks' capital buffers
Bank of England members are divided over when to start forcing banks to build up extra capital, according to minutes from the central bank's latest Financial Policy Committee meeting.
Entertainment One shares bounce back as it reassures over trading
Peppa Pig owner Entertainment One confirmed that the company continues to trade in line with full year underlying earnings expectations, as it responded to recent weakness in its share price.
Big Tobacco to take on plain packaging in court
A battle of two Goliaths is due to take place this week, as Big Tobacco takes on Westminster and its proposed plain packaging law.
Europe midday: Stocks nudge lower in choppy trade; Anglo American tumbles again
European stocks slipped in choppy trade as investors mulled over disappointing German data and more signs that China’s economy is flagging.
London midday: Stocks decline as investors digest China inflation data
UK stocks declined on Wednesday at midday as analysts shrugged off a better-than-expected improvement in Chinese inflation.
US pre-open: Futures edge higher as oil prices stage solid rebound
US stock futures edged higher on Wednesday, with Wall Street seemingly on course to snap a two-day losing streak.
GRIF annual pre-tax profit surges
Real estate investment trust Ground Rents Income Fund (GRIF) said its asset value and pre-tax profit rose in the year to the end of September.
Police raid Sydney home of man said to be behind bitcoin
Australian police have reportedly raided the Sydney home of the man named by Wired magazine as the likely creator of cryptocurrency bitcoin.
Motive Television signs South African educational content deal
Technology provider Motive Television has signed a memorandum of understanding with ABT Africa to provide educational content to tablet users in South Africa, with possible further expansion throughout Africa to follow.
Petra Diamonds sells rare pink stone for $10m
Petra Diamonds has sold its rare pink diamond from Tanzania for just over $10m (£6. 6m).
Taylor Wimpey appoints Dixon's finance director to non-executive board
Humphrey Singer has been appointed as independent non-executive director at Taylor Wimpey, the residential housebuilder said on Wednesday.