THE MOST READ

18 Jul
Director dealings: Workspace quartet sell £1.6m of shares

Four Workspace directors and their spouses sold £1.57m worth of the served office group's stock, which is just off its highest level in nine and half years.

18 Jul
Thursday preview: Unilever and Sports Direct results in focus

Half year results are due from Unilever and full year numbers from Sports Direct, while the Office for National Statistics will confirm official retail growth for last month.

00:22
US close: Markets mixed amid Fed concern over labour shortage

US stocks finished on a mixed note on Wednesday, with Morgan Stanley boosted by solid second-quarter earnings, as investors digested the latest testimony from Federal Reserve chairman Jerome Powell and some disappointing data on housing starts.

18 Jul
London close: Stocks gain as pound hit by stalling inflation, politics

London stocks rose on Wednesday as the pound was knocked lower by stalling inflation and politics, while updates from airline EasyJet and miner BHP Billiton lent a hand.

18 Jul
FTSE 250 movers: RPC buckles in the heat; Transport stocks on the move

Shares in plastics manufacturer RPC fell as the company saw revenue growth slow in the first quarter and warned that its acquisitive growth plans were being constrained.

18 Jul
Broker tips: Boohoo, Ascential, Royal Mail

Online fashion retailer Boohoo got a boost on Wednesday as Liberum bumped the stock up to 'buy' from 'hold' and lifted the price target to 240p from 220p on the back of an improvement in its key metrics.

18 Jul
Wednesday broker round-up

Thomas Cook Group: Numis upgrades to buy with a target price of 154p.

18 Jul
Capita CFO packs his bags

Capita chief financial officer Nick Greatorex has given notice that he intends to leave the outsourcer, seven months after a new chief executive was appointed.

18 Jul
Premier Foods CEO survives re-election vote; Q1 sales up 1.7%

The chief executive officer of Mr Kipling and Bisto owner Premier Foods survived an attempt to oust him on Wednesday, as the company posted a rise in first-quarter total group sales and said expectations for the year remain unchanged.

18 Jul
Astrazeneca hoards drugs in preparation for Brexit

Astrazeneca is increasing its stockpiles of drugs by a fifth to ensure the smooth supply of medicines in the case of a hard Brexit in April 2019.

18 Jul
FTSE 100 movers: BHP shines, Smiths looks ill

Miner BHP Billiton helped the FTSE risers in a narrow market after revealing fourth-quarter iron ore production rose 3% and raising 2019 guidance to +3%.

18 Jul
Lighthouse Group scores renewal of ASCL contract

Lighthouse Group on Wednesday agreed the renewal of its contract with the Association of School and College Leaders (ASCL), as the preferred provider of expert financial advice to the association's members.

18 Jul
London midday: Stocks maintain gains as pound slides on inflation data

London stocks were maintaining gains by midday on Wednesday as stalling inflation piled more pressure on the pound, while updates from airline EasyJet and miner BHP Billiton lent a hand.

18 Jul
Oxford Biomedica could be in line for larger royalty from Novartis

Oxford BioMedica could get a bumper royalty payment from Novartis after solid sales of Kymriah drug in the second quarter.

18 Jul
Goldman reinstates Ascential at 'buy' after exhibitions sale

Goldman Sachs reinstated coverage of Ascential, formerly EMAP, with a 'buy' rating and 560p price target, saying the new business mix will support double-digit organic growth to 2020.

18 Jul
Europe close: Stocks end up as euro weakens; Ericsson rallies on Q2 results

European stocks ended higher on Wednesday amid some well-received earnings and as the dollar continued to dominate the single currency, with tech shares leading the gains.

18 Jul
Wednesday newspaper round-up: Brexit, dairy prices, Trump, Russia, Tesla, Rolls-Royce

Theresa May threatened Conservative rebels with a general election this summer if they defeated her plans on customs after Brexit. Tory whips issued the warning to Remain-backing MPs, led by the former ministers Stephen Hammond and Nicky Morgan, minutes before a crucial vote last night that would have kept Britain inside a customs union. - The Times

18 Jul
JPMorgan cuts Royal Mail target price after Q1 results

JPMorgan Cazenove cut its price target on neutral-rated Royal Mail to 537p from 561p on Wednesday following the company's first-quarter results a day earlier.

18 Jul
Xeros Technology scores collaboration with Chinese washing machine manufacturer

Xeros Technology on Wednesday signed a licensing contract with Jiangsu SeaLion Technology Development, a subsidiary of Chinese washing machine manufacturer Jiangsu SeaLion Machinery.

18 Jul
Smiths Group shares fall on medical division disappointment

Smiths Group shares were in the red on Wednesday morning, despite a relatively upbeat trading update, as investors noticed an effective profit warning for its medical division buried in the RNS release.

18 Jul
Boohoo bumped up to 'buy' by Liberum

Online fashion retailer Boohoo got a boost on Wednesday as Liberum bumped the stock up to 'buy' from 'hold' and lifted the price target to 240p from 220p on the back of an improvement in its key metrics.

18 Jul
Pound tumbles as UK inflation misses analyst targets

Expectations for an interest rate rise in August have faltered after June's UK inflation rate fell short of analyst expectations.

18 Jul
London open: Footsie benefits as pound bows to political uncertainty

London stocks on Wednesday took up where they left off the previous afternoon, rising on the back of a pound that was taking a bruising from a new wave of political worries and upbeat updates from airline EasyJet and miner BHP Billiton.

18 Jul
Quadrise Fuels signs MoU with fuel merchant Freepoint

Quadrise Fuels International has signed a memorandum of understanding (MoU) with Freepoint Commodities, it announced on Wednesday.

18 Jul
Scancell exercises option for Ichor's TriGrid 2.0

Novel immunotherapies developer Scancell Holdings has exercised its option to a worldwide commercial licence for the use of Ichor Medical Systems' proprietary ‘TriGrid 2.0’ electroporation delivery system with SCIB1 - Scancell's ‘ImmunoBody’ vaccine for the treatment of melanoma - it announced on Wednesday.