Market Pulse
Cobham appoints Qinetiq's David Mellors as CFO
Aerospace and defence group Cobham announced the appointment of David Mellors as chief financial officer.
Stagecoach earnings rise, though outlook uncertain
Passenger transport operator Stagecoach posted final results for the year to 30 April on Wednesday, with adjusted earnings per share rising 3. 7% to 27. 7p.
London pre-open: Stocks seen higher as Brexit concerns put aside
London stocks were expected to open higher on Wednesday following positive US and Asian sessions as investors put concerns about Brexit aside, at least for now.
Wednesday newspaper round-up: Pensions, Vodafone, BHS, Port Talbot
There was something different about David Cameron’s last EU supper. The mood was good-tempered, the jibes few and far between, the atmosphere sober but for the occasional laugh. Emerging from the British prime minister’s three-hour summit farewell on Tuesday, one northern European leader remarked that given the circumstances it could have been far worse — “but only nice things can be said about the dead”. – Financial Times.
House prices growth remains stable in June, Nationwide finds
UK house prices grew more than expected in June, despite the uncertainty around the referendum on European Union membership, according to data from building society Nationwide.