Market Report
Dollar Tree holiday quarter results disappoint, shares plunge
US discount retailer Dollar Tree gave a disappointing statement on its outlook after fourth-quarter performance and gave a annual results.
Europe close: Stocks gain despite trade jitters
Stocks on the Continent finished higher despite news that White House economic adviser Gary Cohn had stepped down in protest over US Commerce Secretary Wilbur Ross's proposed steel and aluminium tariffs.
Broker tips: Card Factory, Synthomer, Rolls Royce
Card Factory got a boost on Wednesday as Liberum upgraded its recommendation on the stock to 'buy' from 'hold' in a note on the general retail sector.
US open: Markets unsteady at start of trading on news of Cohn's resignation
Wall Street trading opened with two of the three major indices down on Wednesday as investors reacted to news that the White House's chief economic advisor, Gary Cohn, had resigned, reigniting fears of a trade war.
London close: Stocks shrug-off trade war worries to end higher
London stocks finished higher on Wednesday, helped by a stellar performance from Rolls-Royce, although the resignation of US President Trump's chief economic advisor Gary Cohn and the prospect of a trade war kept investors on edge.
Credit Suisse compliments Rolls Royce on cash generation
Credit Suisse had some positive things to say about Rolls Royce on Wednesday after the British jet turbine manufacturer showed strong underlying cash generation at its earnings presentation.
Thursday preview: ECB, BoE monetary meetings; Aviva, G4S report results
The European Central Bank monetary policy meeting is the big event for Thursday, with financial results from Aviva, Domino's Pizza and G4S.
Director dealings: Spire CEO drops more than £100,000 into shares purchase
Justin Ash, chief executive of independent hospital group Spire Healthcare, picked up 46,500 ordinary shares in the London-based firm at a cost of 215. 2p each on Wednesday.
US oil inventories drop despite jump in domestic output, DoE says
US oil product stockpiles fell last week despite a sharp rise in the country's imports of crude and a large increase in domestic output.
Credit Suisse upgrades Synthomer as risks abate
Credit Suisse upgraded its view of Synthomer and increased the speciality chemical company's target price as it sees negative risks surrounding oversupply and raw material pricing have started to abate.
US trade deficit reaches nine-year high amid 'protectionist rhetoric'
The US trade deficit rose 5% in January to reach a nine-year high of $56. 6bn but an improvement is expected in the coming months.
Volvere revenues improve strong results from pie turnaround
Turnaround at the Impetus Automotive and pie-maker Shire Foods saw distressed businesses investor Volvere improve revenues roughly £10m in the twelve months leading to 31 December.
Universe Group signs deal to offer NetPay's onboarding solutions
Point-of-sale, payment and online loyalty systems supplier Universe Group has signed an agreement with NetPay Merchant Services to offer their acquiring and onboarding solutions to its own retail clients, it announced on Wednesday.
Mirada secures one-year £3m loan in bid to convert pipeline
Audio-visual content interaction specialist Mirada has entered into a secured one-year loan facility for up to £3m, it announced on Wednesday.
Liberum upgrades Card Factory and Superdry after share price weakness
Card Factory and Superdry got a boost on Wednesday as Liberum upgraded both stocks to 'buy' from 'hold' in a note on the general retail sector.
Sirius Real Estate included in FTSE EPRA-NAREIT Index
Germany-focussed branded business parks operator Sirius Real Estate announced on Wednesday that its shares have qualified for inclusion in the FTSE EPRA/NAREIT Global Real Estate Index, Developed EMEA region.
Panther Securities expecting £20m profit for 2017
Panther Securities announced on Wednesday that, based on preliminary unaudited information, it expects the profit after taxation for the year ended 31 December to be of the order of £20m.
FDM Group profits up 26% on strong showing from financial services project
IT firm FDM Group saw pre-tax profits rise 26% in the year ended December 31, rounding the year out with £47. 2m in profits thanks to increasing revenues from Mountie.
Nostra Terra shares jump after oil field's record revenue
Nostra Terra announced on Tuesday that its Pine Mills oil field in the United States achieved record monthly revenue of $161,000 in February.
Water Intelligence launches successful fundraising to cover US acquisition
Leak detection and remediation services provider Water Intelligence raised approximately £4. 2m on Wednesday as part of an oversubscribed placing and subscription through the issue of more than 2. 1m new ordinary shares to fund the purchase of American Leak Detection, a franchise based in Louisville, Kentucky.