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London stocks were just a touch weaker by midday on Wednesday, off earlier lows, as investors mulled a raft of UK data releases and eyed the latest US GDP figures.
Economic sentiment in the eurozone ticked a little higher in November, according to a survey released on Wednesday.
Halfords said on Wednesday that it was narrowing its guidance range for annual profit as it highlighted a softening in demand for its big-ticket discretionary categories.
London stocks fell in early trade on Wednesday as investors eyed a raft of UK data releases and third-quarter US GDP figures.
Spanish infrastructure firm Ferrovial has agreed to sell its entire stake in FGP Topco, the parent company of Heathrow Airport, for £2. 4bn.
London stocks were set to fall at the open on Wednesday following a downbeat Asian session, ahead of a slew of UK data releases and US GDP figures.
A Tory MP who accused the gambling regulator of being too “heavy handed” has received more than £8,000 in hospitality and payments from the betting industry this year, including tickets to see Madonna. Craig Whittaker, the MP for Calder Valley in West Yorkshire, criticised the Gambling Commission in an article for the Conservative Home website last week. – Guardian.
London’s FTSE 100 was down 0. 4% at 7,430. 12 in afternoon trade on Tuesday.
Pets at Home backed its full-year guidance on Tuesday as it posted a jump in interim revenues, although profits fell as it continued to invest in its new digital platform and moved to a new distribution centre.
Digital 9 Infrastructure tumbled as it said it was launching a strategic review after agreeing to sell its entire stake in Verne Global for up to $575m (£456m).
London stocks were still weaker by midday on Tuesday as investors mulled the latest shop price data, but Rolls-Royce bucked the trend as it laid out its medium-term targets.
HSBC cut its price target on Burberry on Tuesday but lifted it for Watches of Switzerland as it took a look at the European luxury goods sector.
Barclays initiated coverage of Frasers Group on Tuesday with an ‘overweight’ rating and 1,060p price target, as it said the company was "poised for European expansion".
Saga said on Tuesday that chief executive Euan Sutherland will be standing down after four years with the business.
London stocks fell in early trade on Tuesday following an uninspiring session on Wall Street, as investors mulled the latest shop price data, but Rolls-Royce bucked the trend as it laid out its medium-term targets.
Barclays is reportedly exploring a plan to drop thousands of clients at its investment bank as part of a strategic overhaul that is meant to boost profits and cut £1bn of costs.
London stocks were set for a muted open on Tuesday following an uninspiring session on Wall Street.
Fast fashion giant Shein has reportedly lodged confidential paperwork with US securities regulators, informing them of an intention to go public in the US. The listing would likely be the largest initial public offering (IPO) in years. – Guardian.
London’s FTSE 250 was down 0. 1% at 18,438. 87 in afternoon trade on Monday.
BT Group said on Monday that it is not planning to make an offer for MusicMagpie.