Market Pulse
New Wells Fargo chief apologises to employees after fake account scandal
Recently appointed chief executive officer of Wells Fargo Tim Sloan told employees of the US bank on Wednesday that he is sorry for the distress caused as a result of its unauthorised account scandal last month.
Ariana Resources begins second phase of drilling at Kiziltepe
Turkey-focused gold exploration and development company Ariana Resources announced on Wednesday that it has commenced a new drilling programme on the Kiziltepe Project following positive results from its Phase One 2016 programme.
Mariana Resources posts 'bonanza' drilling results
Exploration and development company Mariana Resources posted an update on the ongoing diamond drill program at the high grade Hot Maden gold-copper project in north east Turkey on Wednesday.
Europe midday: Energy issues pace the decline as oil retreats
European stocks fell on Wednesday, with energy issues under the cosh as oil prices declined.
Milestone Group extends Nexstar agreement with Black Cactus
Digital media and technology solutions provider Milestone Group announced the extension of an agreement between its Nexstar joint venture partner Black Cactus Holdings and fintec solutions firm Benefits on Madison on Wednesday.
St Peter Port NAV per share drops as it continues review
Investment company St Peter Port Capital announced its interim results for the six months to 30 September on Wednesday, with its investments in 17 companies at period end valued at £20. 7m.
Armadale Capital eyes 'substantial' natural graphite resource in Tanzania
Graphite explorer Armadale Capital said the success of the recent drilling programme at its Mahenge Liandu project in Tanzania indicated the likely presence of a substantial and low-cost resource, which it hoped to confirm by the end of the year.
Atlantis Resources announces completion of MeyGen foundations
Tidal power development company Atlantis Resources updated the market on the offshore construction programme at the MeyGen project site in the Pentland Firth, Scotland on Wednesday.
US pre-open: Stocks seen lower as Apple shares drop
US futures pointed to a downbeat open on Wall Street amid declining oil prices and as investors continued to mull over uninspiring quarterly numbers from Apple.
Banks' mortgage approvals rebound from low, BBA data shows
Mortgage approvals from high street banks rebounded slightly in September, according to data from high street banks, after hitting a 19-month low in August.
Earthport's revenue rises as European, North American transactions grow
Cross-border payment network Earthport’s revenue increased as investments during the year helped improve transaction flows in European and North American banks.
Asia report: Sydney losses lead most markets lower
Markets in Asia finished lower virtually across the board on Wednesday, with the Australian bourse leading the way as stocks in Ardent Leisure - the operator of the Dreamworld theme park on the Gold Coast - plummeting after four people were killed on a ride at the park on Tuesday.
Flybe chief executive Hammad fires ejector seat
Flybe chief executive Saad Hammad has parted company from the beleaguered regional airline with its shares trading not far from all-time lows.
London open: Stocks in the red as oil slips; Lloyds slumps on results
London stocks fell in early trade, taking their cue from a downbeat session on Wall Street, amid declining oil prices.
Trump claims Clinton would start WW3 in Syria if elected
Donald Trump has launched a scathing attack on Hillary Clinton's foreign policy, and claimed that she would lead the US to a third world war if she is elected president in less than two weeks.
Apple reports third consecutive iPhone sales fall
US tech giant Apple reported its fourth quarter earnings on Tuesday, revealing a third consecutive drop in revenue and sales of its flagship iPhone.
Sovereign Mines of Africa appoints Rupert Street CEO
AIM-listed gold explorer Sovereign Mines of Africa appointed former British army officer Rupert Street as chief executive.
HSBC turns bullish on Diageo
HSBC upgraded Diageo to ‘buy’ from ‘hold’ and lifted the price target to 2,600p from 2,350p.
RBC Capital downgrades Metro Bank on strong share price performance
Metro Bank posted its first ever quarterly profit on Wednesday, but that didn’t stop RBC Capital Markets from cutting its view on the stock to ‘sector perform’ from ‘outperform’ as it pointed to a strong price performance.
Antofagasta expects FY copper production to meet lower end of guidance
Chilean copper and gold miner Antofagasta’s third quarter production increased but it expects copper production to be close to the lower end of the original guided range in 2017.