Market Pulse
Westminster Group confident despite tougher economic conditions
Security solutions provider Westminster Group reported a positive outlook and ongoing progress across its operations in an update on Wednesday.
IntegraFin flags higher costs and lower fees, shares tumble
Shares in IntegraFin were sliding on Wednesday morning, after the operator of the 'Transact' investment platform reported a robust full-year financial performance, but flagged rising costs and lower fees for some of its services going forward.
Jefferies hikes price target on BA and Iberia owner IAG
Jefferies hiked its price target on BA and Iberia owner IAG on Wednesday to 350p from 270p saying it expects the fourth quarter to deliver similar trends to Q3, driving confidence in the short-term macro and travel environment.
Windar Photonics secures 'significant order'
Technology firm Windar Photonics has secured a "significant order" for a total value of $2. 5m for delivery to the US market in the first half of 2025.
Digitalbox acquires EastEnders fan platform Walford News
Mobile-focussed digital media company Digitalbox announced the acquisition of Walford News, a platform dedicated to news, gossip, and spoilers about the UK soap opera EastEnders, on Wednesday.
Asia report: Markets mixed as Japan's export growth beats forecasts
Markets in the Asia-Pacific region showed a mixed performance on Wednesday as investors reacted to Wall Street’s losses and scrutinized key economic data from Japan.
Bango strikes agreement with Portugal's Continente
Sales and marketing technology firm Bango revealed on Wednesday that it has struck an agreement with Portuguese High Street retailer Continente to enhance customer offers through its Digital Vending Machine offering.
Hardide secures 10-year supply deal with major aerospace customer
Advanced surface coating technology company Hardide announced on Wednesday that it has secured a 10-year supply agreement with an unnamed major aerospace customer for the coating of cargo door components.
Character Group FY revenue, profits grow
Toys and games designer Character Group said on Wednesday that both revenue and profits had grown modestly in the year ended 31 August, in line with market expectations.
Spectra gets $9.4m downpayment for banknote sensor contract
Banknote authentication and security technology specialist Spectra Systems announced on Wednesday that it has received a $9. 4m downpayment from a customer as part of a $39. 6m contract for the production of advanced high-speed banknote sensors.
Funding Circle names Ken Stannard as chairman designate
Lending platform operator Funding Circle named Ken Stannard as chairman designate on Wednesday, with effect from 1 January 2025.
Anglesey Mining reports narrower half-year loss
Anglesey Mining reported a reduced loss of £0. 31m for the six months ended 30 September on Wednesday, narrowing from £0. 6m in the prior year.
Europa Oil terminates royalty agreement for Whisby 4 well
Europa Oil & Gas, an exploration and production company with assets in the UK, West Africa and Ireland, announced the termination of its royalty agreement for the Whisby 4 well with BritNRG, the field operator and licence holder, on Wednesday.
London open: FTSE edges up after UK inflation data, ahead of Fed
London stocks edged higher in early trade on Wednesday as the latest UK inflation figures met expectations, and as investors eyed a policy announcement from the US Federal Reserve.
Fulcrum Metals reports progress at Sylvanite, Teck-Hughes
Mineral exploration company Fulcrum Metals reported solid progress at its Sylvanite and Teck-Hughes gold tailings projects in Canada on Wednesday, driven by innovative processing technology.
London pre-open: Stocks to nudge up after UK inflation, ahead of Fed announcement
London stocks were set to nudge higher at the open on Wednesday as investors mulled the latest UK inflation figures and looked ahead to a policy announcement from the Federal Reserve.
Wednesday newspaper round-up: Amazon, Lloyds Banking, Heathrow
Amazon is to settle a group claim from delivery drivers that it deprived them of thousands of pounds, the Guardian has learned, ending a suit that lawyers had said could cost the company £140m. Drivers who deliver for the internet marketplace through its “delivery service partners” (DSPs) are classed as self-employed, meaning they are not entitled to benefits such as holiday pay and the minimum wage, while they also do not have an employment contract. – Guardian.