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Market Pulse
26 Oct
Wall Street, New York Stock Exchange, markets, traders, US, America
US close: Stocks mostly lower as Apple slides, oil declines

US stocks ended mostly lower on Wednesday as oil prices weakened and amid heavy losses for technology giant Apple.

26 Oct
stelios haji-ioannou easyfoodstore
Sector movers: Goldman boosts grocers, Deutsche wary on steel

Gains for Sainsbury and Tesco saw grocers rise to the top of the leaderboard following upwards price target revisions out of Goldman Sachs, although the underlying commentary was somewhat less than flattering.

26 Oct
enquest, rig, oil
Europe close: Oil price decline weighs on shares

European stocks fell on Wednesday, with energy issues under the cosh as oil prices declined.

26 Oct
Anglo American mining 285
Wednesday broker round-up

FirstGroup: Goldman Sachs keeps at buy with a target price of 168p.

26 Oct
syria
Russia withdraws request to refuel Syria-bound warships in Spanish enclave

Russian warships on the way to Syria will not stop in the Spanish enclave of Ceuta to refuel, after outrage from Nato allies towards Madrid forced a review of the decision.

26 Oct
numbers, money, calculating, investment, finance
Lighthouse agrees deal with Fire Brigade Union

AIM-listed financial advisory firm Lighthouse Group has agreed a new contract with Fire Brigades Union (FBU) to be the preferred provider of expert financial advice to its members.

26 Oct
les-locaux-de-google-a-paris-perquisitionnes
Google to scale back Fiber broadband network plans

Alphabet, the parent company of Google, has announced that it will be cooling off its pursuit of the broadband industry by reducing its investment in its Google Fiber network.

26 Oct
gucci
Gucci sales rise 17% to send Kering shares to 15-year-high

French luxury group Kering's stock has soared to its highest price in 15 years after Gucci posted a 17% increase in sales in its third quarter earnings.

26 Oct
Oil rig, oil & gas, drilling
FTSE 250 movers: Oil shares slip while FirstGroup perseveres

The second-tier index fell 0. 97% to 17,628. 67 in late afternoon trading.

26 Oct
libra 630 inglaterra uk pound
Obtala granted CPI status by Mozambique authorities

Africa-focused agricultural and forestry company Obtala announced on Wednesday that its forestry subsidiary, Argento Mozambique has been awarded CPI status by the Mozambican authorities entitling it to various tax benefits and protections in return for inward investment from the company's subsidiary Argento Continental Corporation.

26 Oct
trump_clinton
Bloomberg poll gives Trump slender lead in Florida

Donald Trump appears to be losing his grip on the 2016 US presidential election, but a Bloomberg poll in the key battleground state of Florida has given the Republican candidate a two-point lead.

26 Oct
Comcast posts impressive earnings, boosted by Rio Olympics

US broadcasting group Comcast reported strong growth on the back of the Rio Olympic Games, as it outperformed analysts´ expectations in its third quarter results released on Wednesday.

26 Oct
traders, trade, finance
Wednesday newspaper share tips: GKN, St.James´s Place

GKN continued to outperform its markets over the latest nine-month period and its acquisition of Fokker looks to have been another clever deal, like the purchase of Volvo Aero in 2012, but it´s time to take profits, The Times´s Tempus said.

26 Oct
television
Forbidden Technologies adds two new apps to video platform

Forbidden Technologies announced further developments to its Forscene video cloud platformon Wednesday, as it added two new apps to its camera-to-screen video management cloud solution.

26 Oct
ladbrokes gvc holdings bookmaker
Ladbrokes-Coral merger wins final CMA approval with 322 shop disposals

Ladbrokes and Coral will be able to complete their merger "in the very near future" after the competition regulator gave its final approval on Wednesday.

26 Oct
Astrazeneca
Surgical Innovations attains CE mark for YelloPort Elite

Designer and manufacturer of medical technology Surgical Innovations Group announced on Wednesday that its new laparoscopic port access system, YelloPort Elite, has attained CE certification.

26 Oct
man group ellis
Director dealings: Man Group's new CEO shows confidence in stock

Man Group's new chief executive Luke Ellis has bought almost £0. 63m of shares in the hedge fund manager on top of pocketing options worth another £1. 56m.

26 Oct
money
Impact Holdings warns over possible contingent liability costs

Impact Holdings UK posted an update on Wednesday, advising following the Supreme Court hearing on 30 June between subsidiary Impact Funding Solutions and AIG Europe Insurance UK, the court found in favour of AIG.

26 Oct
Apple, Apple New York store
US open: Stocks down after disappointing Apple earnings

US stocks were down in the wake of disappointing quarterly results from Apple, while there was a torrent of corporate earnings and economic data.

26 Oct
money
Reach4entertainment to raise £2m in placing

Media and entertainment company reach4entertainment announced its intention to undertake a placing of new ordinary shares on Wednesday, at a price not less than 1. 5p per ordinary share to raise up to £2m before expenses.