Market Report
US close: Markets finish mixed as trade tensions remain hot
Trading on Wall Street finished on a mixed note on Wednesday, with the Dow ending in the red and other indices recovering somewhat from the heavy losses seen earlier in the week, as investors appeared to set aside at least some of their worries about a trade war between the US and China.
Results round-up
Structural steel manufacturer Severfield sees a stable market in the UK, predicting modest growth thanks to a good pipeline of potential future orders.
Europe close: Bounce in stocks fades as traders watch trade headlines
Stocks staged a small bounce as investors waxed hopeful that the worst scenarios would be averted on the international trade front.
London close: Bounce in stocks fizzles out amid latest trade headlines
London stocks finished higher on Wednesday, but well off their best levels of the day, as investors put their concerns about the US-China trade spat to one side, at least for now.
Cambridge Cognition announces mental health assessment software
AIM-listed digital neuroscience company Cambridge Cognition has been working on a new software product to assess mental health and well-being at work.
US open: Stocks on the mend as investors set aside trade concerns
Trading on Wall Street began on a positive note on Wednesday, with stocks recovering a tad from the heavy losses sustained over earlier sessions as investors appeared to set aside their worries about a trade war between the US and China - for now.
Sector movers: Telecoms and tobacco boosted by brokers
Telecoms and tobacco led the way as London stocks advanced on Wednesday.
FTSE 250 movers: JD Sports jogs higher, McCarthy keeps stumbling
The FTSE 250 gained ground on Wednesday, led by the likes of JD Sports and Telecom Plus.
Broker tips: Ocado, McCarthy and Stone, Astrazeneca
Ocado was a high riser on Wednesday as Peel Hunt said that Ocado Solutions has the potential to become the "standard" platform for retail logistics across all sectors as the operating system of retail.
Government compromise sees May victorious in 'meaningful vote' scrap
Theresa May’s government has managed to see off a rebellion in The House of Commons, seeing the ‘meaningful vote’ amendment defeated after once again making concessions on the subject.
Market buzz: Govt wins on 'meaningful vote', Berkeley sparks caution
1608: The government has defeated the 'Grieve 2' amendment to a Parliamentary 'meaningful vote' on Brexit by 319 votes to 303 in the Commons, which is a majority of 16, after Dominic Grieve himself withdrew his support.
FTSE 100 movers: Tobacco stocks smoke higher; Berkeley fails to impress
London’s FTSE 100 was up 0. 5% to 7,644. 94 in afternoon trade on Wednesday as investors put aside their worries about the US-China trade spat.
US existing home sales unexpectedly drop in May
US existing home sales unexpectedly fell in May amid a lack of inventory and high prices, according to data from the National Association of Realtors.
Disney makes fresh bid for Fox, sending Sky higher
Sky shares spiked on Wednesday as 21st Century Fox agreed a new deal for Disney to acquire most of its entertainment assets.
ClearStar integrates mobile drug testing solution with Abbott Laboratories
Background check technology and service provider ClearStar announced on Wednesday that its ClearMD mobile drug testing solution was now integrated with Abbott Laboratories.
Infrastructure India agrees $6m increase to its bridging loan facility
Infrastructure investment fund Infrastructure India has agreed to a $6m increase to its existing $34m unsecured bridging loan facility, it announced on Wednesday.
WPP to sell stake in NYSE-listed Globant
WPP is selling its 18. 7% stake in New York-listed digital specialist Globant as its looks to focus the business after the controversial exit of ex-boss Sir Martin Sorrell.
Director dealings: BT finance boss ups stake
Simon Lowth, chief financial officer of telco giant BT, acquired 139,744 ordinary shares in the FTSE 100 constituent on Wednesday.
Anexo shares admitted to AIM
British credit hire and legal services provider Anexo saw the admission of its ordinary shares to the London Stock Exchange's Alternative Investment Market take place on Wednesday.
Genedrive and partners awarded grant for development of new test
Near-patient molecular diagnostics company Genedrive announced the receipt of a multi-partner grant award from the UK National Institute for Health Research's Invention for Innovation programme on Wednesday, for the development and implementation of a point-of-care pharmacogenetic test to avoid antibiotic-related hearing loss in newborn children.