Latest News
Berenberg downgrades Connect as it nosedives on dismal update
Berenberg downgraded Connect Group to 'hold' from 'buy' on Wednesday after the distribution and logistics provider said it had "materially" reduced its full-year profit expectations following an "extremely disappointing" performance since the interims in May.
Oxford Biomedica 'fully valued' as Jefferies ups target price
Oxford Biomedica's long-awaited OXB-102 deal did not disappoint Jefferies, but analysts felt the share price was up with events.
IQE shares 'attractive' after Apple-related seloff, says Canaccord
Concerns about reduced demand from Apple for IQE's microchip wafers has hit the shares but broker Canaccord is confident in the company and sees the share price weakness as "an attractive entry point" for investors.
Spanish government moves to re-index pensions payments to CPI
Pushed by the new Socialist government in power, Spanish lawmakers have agreed to link annual public pension payments to consumer price inflation.
Asia report: Most markets lower ahead of Fed decision
Most markets in Asia finished Wednesday in the red, as investors turned their attention to the Federal Reserve meeting later in the global day.
USA, Mexico and Canada to host 2026 World Cup
The 2026 World Cup will be held in The United States, Mexico and Canada after their joint bid beat Morocco’s in a vote by FIFA member nations on Wednesday.
Eckoh profits driven by 'pleasing' US momentum
Secure payments provider Eckoh saw profits leap ahead in its last year trading year as a result of "pleasing" momentum at its US contact centre business.
Wednesday broker round-up
Tate & Lyle: Jefferies downgrades to hold with a target price of 700p.
TalkTalk surges after double upgrade from BoA Merrill
TalkTalk shares surged on Wednesday on the back of a double upgrade from Bank of America Merrill Lynch, which reckoned guidance and consensus was achievable for the first time in four years.
ULS Technology scoops Sky technology chief for non-executive director role
B2B financial platform provider ULS Technology on Wednesday appointed Elaine Bucknor as a non-executive director of the company with immediate effect.
May promises billions to make post-Brexit Britain a tech destination
Theresa May was doing her best to show off Britain as a tech investment hub ready for a post-Brexit world on Wednesday, as she hosted a raft of companies for a roundtable as part of London Tech Week.
Active Energy shares jump as superfuel scores Polish government approval
Active Energy Group saw its shares jump on Wednesday after its joint venture company received market certification and environmental clearance by the Polish government for its ‘SuperFuel’ product.
Euro area employment continues to rise past pre-crisis peaks
Levels of employment in the single currency bloc pushed further above their crisis peaks in 2008 over the course of the first quarter of 2018, led by the Netherlands, Germany and Spain.
Ryanair invests in new Southend base gives Stobart a lift
Budget airline Ryanair had agreed make a $300m investment in the opening of a new base at Southend airport, giving a boost to operator Stobart Group.
House price rises slowing, official figures show
House price rises slowed in April but prices in London have stopped falling, official figures showed on Wednesday.
US pre-open: Stocks to edge up as all eyes turn to Fed
US futures pointed to a slightly firmer open on Wall Street on Wednesday as investors eyed the latest policy announcement from the Federal Reserve and looked for further clues on the path of rate hikes this year.
London midday: Stocks turn up as pound slips further on inflation data
London stocks had pushed into the green by midday on Wednesday, helped along by a weaker pound as investors mulled stagnant inflation data and looked ahead to the latest policy announcement from the Federal Reserve.
Microsaic Systems pens distribution deal with Omicron Research
Mass spectrometry instrument developer Microsaic Systems on Wednesday signed an agreement with Omicron Research for the distribution of Microsaic’s 4500 MiD MS detector.
88 Energy begins flowback at Icewine well
Alaska oil explorer 88 Energy resumed testing at its Icewine number-two well on 11 June, as scheduled, with the well now flowing back fracking fluid that had been previously injected into the well to stimulate the HRZ shale formation.
First Prop secures investment for Polish park from Oxbridge colleges
First Property Group’s secured €33m in funding to assist with its developments at the Krakow Business Park in Poland from investors including three Oxford and Cambridge university colleges.