Market Report
Property market slows amid political and economic worries, RICS says
Britain's property market is slowing as political and economic uncertainty take their toll on sales, buyer demand and prices, a closely watched survey has shown.
US close: Wall Street slightly higher on relatively quiet day
Wall Street finished slightly higher on Wednesday - a light day in terms of economic data.
Europe close: Stocks finish slightly lower, China and US tax proposals in focus
European stocks ended the session slighty lower in the wake of weaker-than-expected data on Chinese foreign trade and ahead of tax reform proposals from the US Senate which were expected on Thursday.
BowLeven narrows losses
Edinburgh-based oil and gas company Bowleven cut back on losses in its last financial year despite not having generated any revenue throughout the period.
US crude oil stockpiles fall less than expected as exports collapse, DoE says
Crude oil stockpiles recovered last week as very large drops in product stockpiles were offset by a collapse in net imports.
London close: FTSE firmer despite heavy housebuilders
London stocks closed higher on Wednesday despite weakness in the housebuilding sector following a trading statement from Persimmon.
US open: Stocks flat as traders wait for progress on tax reforms
Wall Street was trading little changed in a light day in terms of economic data.
Thursday preview: Astra, Burberry, Sainsbury's, National Grid results due
Thursday is due to see the latest round of Brexit talks kick off again in Brussels, UK industrial and trade data and results from the likes of AstraZeneca, Burberry, Halfords, National Grid and Sainsbury's.
Vp acquires tool and equipment firm Brandon Hire Group
British equipment rental and services company Vp announced on Wednesday that it had acquired the entire issued share capital of Bristol-based firm Brandon Hire Group Holdings.
AECI agrees to acquire agrochemicals firm Schirm from Imperial
AECI announced on Wednesday that, via a wholly owned subsidiary, it had reached an agreement with Imperial Chemical Logistics (ICL) to acquire 100% of the issued share capital in Schirm, itself a subsidiary of ICL for a cash consideration of €110. 5m.
FTSE 250 movers: OneSavings gains after update, Wizz flies lower
London's FTSE 250 was flat at 20,309. 43 in afternoon trade on Wednesday.
LendingClub shares in the red after announcing tighter lending policies
While web-based lending marketplace LendingClub posted earnings in line with market expectations on Tuesday, an announcement that lending would be restricted to all borrowers except those with top-tier credit scores sent the group's stock spiralling lower.
N4 Pharma upbeat on latest 'nuvec' study results
Specialist pharmaceutical company N4 Pharma announced the results of its latest study for its ‘nuvec’ silica nanoparticles (SiNPs) delivery system.
OptiBiotix reveals new, improved SlimBiome platform
Life sciences business OptiBiotix Health issued a product development and commercial update on its ‘SlimBiome’ product platform on Thursday, reporting that it was launching a new improved version of the platform following the announcement of the manufacturing and supply agreement with Knighton Foods on 1 November.
FTSE 100 movers: Imperial Brands rallies again, Persimmon in the red
London's FTSE 100 was up 0. 1% to 7,520. 70 in afternoon trade on Wednesday as investors mulled over updates from the likes of M&S and Persimmon.
Fulcrum's electricity assets unit gets crucial Ofgem licence
Multi-utility infrastructure and services provider Fulcrum Utility Services announced on Wednesday that its operating subsidiary Fulcrum Electricity Assets has been granted an independent distribution network operator (iDNO) licence by the Office of Gas and Electricity Markets - Ofgem.
Craneware starts year well, investors told
Investors in healthcare software and supporting services supplier Craneware were told on Wednesday that the company has experienced a “positive start” to trading in the first four months of the year, as they gathered for the annual general meeting.
GKN lining up China joint venture - report
Engineer GKN is close to setting up a joint venture with Chinese state aerospace manufacturer Comac, according to a report on Wednesday.
Indivior a 'buy' for Citi on likely monthly opioid launch
Indivior is likely to gain approval from US regulators for its monthly treatment for opioid addiction, which should eventually lift company sales north of $1bn, said Citigroup on Wednesday as it upgraded the stock to 'buy' from 'neutral'.
Duke Royalty enters advisory agreement with Partners Value Investments
Diversified royalty company Duke Royalty announced a new advisory agreement with Partners Value Investments on Wednesday.