Market Pulse
Equals Group H1 revenues grow YOY
Fintech payments group Equals said on Wednesday that interim revenues had improved.
Capricorn Energy on track to meet midpoint of current FY guidance
Exploration and development firm Capricorn Energy said on Wednesday that it was on track to meet the midpoint of current guidance as consistent payments continued throughout its Egyptian operations.
Keywords Studios to be taken over by EQT in £2.1bn deal
AIM-listed Keywords Studios said on Wednesday that it has agreed to be taken over by European private equity firm EQT in a £2. 1bn deal.
Baltic Classifieds Group reports strong full-year performance
Baltic Classifieds Group reported a strong full-year performance across its business lines on Wednesday.
GSK restructures vaccine collaboration with CureVac
GSK announced on Wednesday that it has restructured its collaboration with CureVac into a new licensing agreement, granting GSK exclusive rights to develop, manufacture, and globally commercialise mRNA-based candidate vaccines for influenza and Covid-19.
Oil production begins at Kosmos Energy's Winterfell development
Upstream oil company Kosmos Energy announced the successful start-up of oil production at the Winterfell development in the Gulf of Mexico.
Morgan Stanley downgrades 3i Group after strong run
Morgan Stanley downgraded 3i Group on Wednesday ‘equalweight’ from ‘overweight’ and cut the price target to 3,192p from 3,246p as it said the risk/reward is more balanced after a strong run.
London open: FTSE gains on US rate cut hopes
London stocks rose in early trade on Wednesday, taking their cue from a positive close on Wall Street amid US rate cut hopes.
China service sector growth eases to eight-month low - Caixin
Growth in China’s services sector eased to an eight-month low in June, according to data released on Wednesday.
London pre-open: Stocks seen up on positive US cues
London stocks were set to rise at the open on Wednesday following gains on Wall Street, as investors welcomed upbeat comments on the economic outlook from Federal Reserve chair Jerome Powell.
Wednesday newspaper round-up: Private rents, M&S, Hipgnosis
Average private rents in Great Britain have climbed to record highs, prompting a call for the next government to prioritise measures to help create an extra 120,000 rental properties. Data shows that the typical advertised rent outside London reached a record £1,316 a calendar month in May, the property website Rightmove said. The figure for London was £2,652 a month – almost three times the £894 asked for in north-east England. – Guardian.