Market Pulse
Europe midday: Stocks push lower amid worries about ECB tightening
European stocks fell on Wednesday amid growing concerns about possible monetary tightening by the European Central Bank.
NetDimensions confirms unsolicited approach
NetDimensions confirmed on Wednesday that it has received an unsolicited approach regarding a potential transaction that may or may not lead to an offer being made for the company.
Bushveld Minerals updates on its energy project
Diversified mineral development company Bushveld Minerals updated the market in respect of its 84% owned subsidiary, Bushveld Energy, on Wednesday.
Ferrexpo shares down as total production decreases
Ferrexpo posted its third quarter production report on Wednesday, with production in the first nine months of 2016, of 65% Fe pellets, up 3. 7% to 7. 8 million tonnes.
Comment: Is Tesco or Sainsbury the better investment?
By Christopher Beauchamp, chief market analyst at IG. The arrival of Tesco’s first half numbers today means that we can take a clear look at the two listed firms that dominate the supermarket space in the UK (apologies to fans of Morrisons and Ocado, but the real battle is all about Sainsbury vs Tesco).
Kodal Minerals shares rise on Korhogo test results
West Africa-focused mineral exploration and development company Kodal Minerals announced on Wednesday that it has received the results of the wide-spaced surface geochemical sampling programme recently completed at its 100% owned Korhogo Project in northern Cote d'Ivoire.
US pre-open: Stocks set for muted start ahead of ADP report
US futures pointed to a muted open on Wall Street as investors eyed the release of the ADP employment report, which is considered a precursor to Friday’s non-farm payrolls.
Gooch & Housego confirms full year targets
AIM-listed Gooch & Housego, a manufacturer of optical components and systems, confirmed it had traded in line with full year expectations thanks to improved demand for industrial lasers and fibre-based products.
FCA hits Aviva with £8.2m fine for outsourcing failures
Aviva has been fined £8. 25m by the UK financial regulator for failures around its arrangements to protect client assets outsourced to other providers.
Eurozone retail sales drop less than expected in August
Retail sales in the 19 countries that share the euro fell less than expected in August, according to the latest figures from Eurostat.
UK car sales crawl to record level after 66-plate change
A record number of new cars were sold in September, according to data from motor manufacturers, helped by demand for the new '66 plate'.
Keras Resources completes acquisition of gold project in Western Australia
Gold miner Keras Resources completed the acquisition of the Klondyke gold project in Western Australia in order to consolidate the company's presence in the Warrawoona Greenstone Belt and become a significant producer in the region.
Kaine and Pence defend their running mates in spiteful debate
If anyone believed Tuesday night's vice-presidential debate was going to be a dead rubber, they were to be utterly disappointed.
Too soon to draw conclusions on Brexit´s impact, BoE´s Broadbent says
It was still too soon to draw conclusions about the economy´s long-term path following the referendum vote, a top official at the Bank of England said.
Time out plans to open second food market in Porto
Time out Group, the AIM-listed global multi-platform media and e-commerce business with food and cultural markets, is opening a new Time Out market in São Bento train station in Porto Portugal.
UK services PMI beats expectations in September
Activity in the UK services sector grew more than expected in September, according to data released on Wednesday.
Asia report: Markets mixed as greenback soars
Markets in Asia finished mixed on Wednesday, with the dollar heading north following some particularly hawkish comments from the Federal Reserve overnight.
Falcon Oil & Gas appoints new CFO
Falcon Oil & Gas, an AIM listed international oil and gas company, has appointed a new chief financial officer (CFO).
Eurozone Markit services PMI touch higher than expected
Markit’s final eurozone composite output index printed at 52. 6 in September, in line with the flash estimate but down from August’s reading of 52. 9.
DP Poland announces placing to accelerate store rollout
DP Poland announced the placing of just under 6. 67m shares at 48p per share to raise about £3. 2m to accelerate the rollout of new stores.