Market Pulse
Windar Photonics initiates partnership programme
Wind sensor technology development company Windar Photonics announced the initiation of an Energy Technology Development and Demonstration Program research and development project on Wednesday, in conjunction with project partner Danish Technological University, Department of Wind Energy.
Tlou Energy receives initial certification for Lesedi
Botswana and southern Africa-focused coalbed methane developer Tlou Energy announced on Wednesday that it has received an initial Independent Reserve Certification from SRK Consulting, for the Lesedi CBM Project located in prospecting licence PL002/2004 in Botswana.
Electrocomponents boosted by Citi upgrade
Electrocomponents got a boost after Citigroup upgraded the stock to ‘neutral’ from ‘sell’ and lifted the price target to 375p from 235p.
Falcon and Origin discover petroleum at Amungee
Falcon Oil & Gas announced on Wednesday that its joint venture partner Origin Energy Resources has submitted a notification of discovery and an initial report on discovery to the Department of Primary Industry and Resources of the Northern Territory, Australia, on the Amungee NW-1H well in the Beetaloo Basin.
UK house prices fall at fastest rate in five years, Halifax finds
UK house prices fell at the fastest rate in five years, with several regions hit by declining prices and Yorkshire, Humber and London the worst hit.
Ariana Resources reports positive results at Kiziltepe
Gold exploration and development company Ariana Resources announced further results for its phase one drilling programme of 2016 on Wednesday, completed during early September at the Kiziltepe Project in Turkey.
Barclays sells Italian loan portfolio
Barclays has agreed the sale of a portfolio of salary secured loans in Italy to IBL Banca as it looks to exit its non-strategic businesses.
London midday: Stocks fall as pound rebounds on Brexit news
London stocks declined as the pound rebounded following news Prime Minister Theresa May offered to give MPs some scrutiny in the formal Brexit negotiations.
Walker Greenbank buying Clarke & Clarke for £25m
Luxury interior furnishings company Walker Greenbank announced on Wednesday that it has entered into a conditional agreement with the shareholders of Globaltex 2015 - the parent company of Globaltex - to acquire its entire issued share capital.
Europe midday: Stocks waver ahead of FOMC minutes; Ericsson tanks
European stocks wavered in a tight range on Wednesday as investors eyed the release of the latest Federal Reserve minutes, with Ericsson under the cosh after a profit warning.
Lloyds Banking Group to cut 1,230 jobs
Lloyds Banking Group plans to axe 1,230 jobs as it looks to cut costs and improve shareholder returns as part of its three-year strategy.
Mortgage lending rebounds thanks to first-time buyers, CML says
UK mortgage lending rebounded strongly in August, according to lenders, though this runs counter to other recent housing market data.
Premier Foods tumbles after warning over H1 trading profit
Shares in Premier Foods tumbled on Wednesday after it warned that first-half trading profit was likely to be slightly below the previous year and posted a drop in second-quarter sales due to warmer weather.
US pre-open: Stocks to nudge lower ahead of FOMC minutes
Stocks on Wall Street looked set for a slightly weaker open on Wednesday as investors awaited the release of the latest Federal Reserve minutes for more clues on the timing of the next rate hike.
Stobart Group wins emergency flooding logistics contract with Environment Agency
Stobart Group has won a one-year contract with the UK Environment Agency to provide incident response logistics services in areas threatened with flooding.
Animalcare Group's revenue rises while weary of Brexit vote
Veterinary medicine supplier Animalcare Group’s revenue rose while it remains cautious over the uncertainty arisen since the Brexit vote as it took measures to hedge against currency fluctuations.
Monarch gets £165m cash injection from Greybull to stay afloat
Monarch has received a £165m investment form its majority shareholder Greybull Capital.
Time Out to open market in Shoreditch next year
Following on from success with a similar venture in Portugal, magazine publisher Time Out is to open a market in Shoreditch, east London to show off its skills in identifying the best cuisine, cocktails and cultural experiences.
Eurozone industrial production rebounds on consumer goods bounce
Eurozone industrial production rebounded surprisingly strongly in August, according to the latest data from Eurostat.
Asia report: Markets mostly lower as Samsung pulls Note 7 plug
Asian markets ended mostly lower on Wednesday, as Samsung Electronics confirmed it will permanently put the kibosh on the Galaxy Note 7, while oil prices climbed.