Market Report
Pearson pencils in at least 8% profit growth for 2019
Pearson expects full-year profits to come in just above the middle of its target range and guided to growth of 8-18% for 2019.
Energean revenue rises at it presses ahead with developments
Energean Oil and Gas updated the market on its recent operations and its trading performance in 2018, together with guidance for 2019, on Wednesday, reporting that its Karish and Tanin development project in Israel remained on track to deliver first gas into that country’s domestic market in the first quarter of 2021.
Rakesh Kapoor to step down as Reckitt Benckiser chief
Reckitt Benckiser announced on Wednesday that Rakesh Kapoor has indicated his intention to retire as chief executive officer by the end of 2019.
Wednesday newspaper round-up: Brexit, hedge funds, advertising, Ineos
Theresa May has pledged to face down a vote of no confidence in her government, after her Brexit deal was shot down by MPs in the heaviest parliamentary defeat of the democratic era. On a day of extraordinary drama at Westminster, the House of Commons delivered a devastating verdict on the prime minister’s deal, voting against it by 432 to 202. - Guardian .
London pre-open: Stocks seen steady as May faces another leadership challenge
London stocks were set for a flat open on Wednesday after Theresa May's Brexit defeat in Parliament, as investors wait to see whether the PM can survive another leadership challenge.
Diploma revenues see solid rise, Pearson profits remain in line with forecasts
London open The FTSE 100 is expected to open two points higher on Wednesday, having closed up 0. 58% at 6,895. 02 on Tuesday.
US close: Markets finish higher amid mixed corporate news
Trading on Wall Street finished on a positive note on Tuesday, following the release of data that some analysts said showed scant pipeline price pressures building in the economy.
Bonds: Treasuries dip on Fedspeak, European bonds up ahead of vote in Parliament
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.