Market Pulse
National Express wins Nuremberg S-Bahn contract
National Express was celebrating on Wednesday morning, as its push into German territory continued with the announcement it had won the contract to operate Nuremberg's suburban rail services.
Anglo American drops on SocGen downgrade
Anglo American was under pressure after Societe Generale downgraded the stock to ‘sell’ from ‘hold’ and slashed the price target to 250p from 530p, saying things could get worse before they get better.
Kier Group announces £300m of new contracts
Property and construction services company Kier Group announced £300m of new contracts on Wednesday.
Rolls-Royce cuts divisions, reshuffles management in first step of restructure
Rolls-Royce is splitting out its divisions and reshuffling its senior management team, in what it said is the first step in a “wide-ranging” restructuring programme.
London pre-open: Ball is now in Janet Yellen´s court
Markets are expected to trade slightly higher at the start of the sesion, ahead of what is expected to be a momentous day, with the US central bank very likely embarking on its first interest rate hike in nine-and-a-half years.
RBS looking at trade sale of Williams & Glyn
Royal Bank of Scotland said it is planning a trade sale of Williams & Glyn, as it announced that it has made significant progress in separating the retail banking business.
Dixons Carphone delivers a solid first half
Tills were ringing at Dixons Carphone in 2015, as the multinational reported its first set of half yearly results since its creation.
Wednesday newspaper round-up: Crude, Halliburton, Deliveroo, retailers
Tight restrictions on US crude oil exports, in place for 40 years, would be lifted as part of a budget deal agreed in Congress on Tuesday evening, news agencies reported. The deal presented to Republicans in a late-night meeting by House Speaker Paul Ryan would also raise spending on defence and a number of domestic programmes. It would also avoid a government shutdown that had been looming as soon as Wednesday. – Financial Times.
Rolls-Royce cuts top executives
London's top flight index is seen starting 19 points higher than Tuesday’s close at 6,036.