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Cineworld reported a jump in full-year revenue on Wednesday as it announced a fully-underwritten rights issue to raise money to part fund its acquisition of US cinema chain Regal.
Broker tips: Ferrexpo, Diploma
Credit Suisse boosted its target price for shares of iron ore miner Ferrexpo by well over a third on the back of the recovery in prices seen over the past year and after the pellet premium surprised to the upside.
Ferrexpo margins to hit their high-water mark in 2018, Credit Suisse says
Credit Suisse boosted its target price for shares of iron ore miner Ferrexpo by well over a third on the back of the recovery in prices seen over the past year and after the pellet premium surprised to the upside.
Numis downgrades Diploma to 'add', ups target
Analysts at Numis downgraded their recommendation for stock of Diploma from 'buy' to 'add' despite raising their target price on the shares in the wake of the company's "encouraging" trading update for the first quarter.
Europe close: Stocks mostly lower despite dip in single currency
European stocks were mixed on Wednesday as inflation remained subdued and European Central Bank talk pushed the single currency lower.
London close: Deals news fails to boost stocks
London stocks finished lower on Wednesday as Informa tumbled on news of a merger with UBM and weighed down by disappointing updates from the likes of Burberry and Pearson.
US industrial production, capacity in use jump in December
Industrial production in the States surged ahead last month, boosted by sharply higher output from both mining and utilities.