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SSP Group offers dividend reinvestment plan to save cash
Transport catering firm SSP Group offered shareholders the option of dividend reinvestment as it looked to raise more cash to weather the coronavirus crisis.
Europe close: Stocks extend rally as lockdowns ease
Stocks across Europe extended their rebound on Wednesday with optimism about the easing of lockdown measures across the Continent offsetting still quite grim economic data.
Mass US layoffs continue in May but pace slows substantially, ADP says
The US jobs market continued to reel in the wake of the Covid-19 pandemic last month, but by far less than feared, the results of a closely-watched survey showed.
London close: Stocks rise further after better-than-expected services data
London stocks rose even further by the close on Wednesday, as investors digested better-than-expected Chinese and UK services data.
Renewables use in US surpasses coal for first time in 130 years
Solar, wind and other renewable sources surpassed coal in energy generation in the United States in 2019 for the first time in over 130 years.
Director dealings: Anglo Pacific CEO lowers stake
Anglo Pacific revealed on Wednesday that chief executive Julian Tregger had disposed of 270,000 ordinary shares in the London-listed natural resources company via his interest in Kings Chapel International.
Thursday preview: ECB, US jobs data in focus
The market spotlight will be on the European Central Bank as rate-setters in Frankfurt meet to decide on policy.
Renault finalises €5bn loan from French government
Renault finalised on Wednesday a €5bn state loan from the French government to help support its finances during the coronavirus pandemic.
Broker tips: Codemasters, B&M, Marks & Spencer
Analysts at Berenberg raised their target price on video games developer Codemasters from 340. 0p to 400. 0p on Wednesday, stating the group had added "an extra gear" as a result of a new multi-year licence deal.
The Restaurant Group to shut up to 120 sites - report
The Restaurant Group has decided as many as 120 of its eateries will not reopen when coronavirus restrictions ease, putting up to 3,000 jobs at risk, according to a report.
Slump in US services sector eases in May, ISM says
The pace of contraction in America's services sector abated by more than expected last month, the results of a key survey of activity revealed.
React Group raises £1.25m in oversubscribed placing
Specialist cleaning, hygiene and decontamination company React Group announced a placing of 83,101,597 new ordinary shares on Wednesday, at a price of 1. 5p each, to raise £1. 25m before expenses.
Westminster Group trials fever screening at Stockholm airport
Security technology and managed services company Westminster Group has conducted a successful trial of its fever screening solutions in partnership with aircraft handling firm Menzies Aviation and its client Air France, it announced on Wednesday, at Stockholm’s primary airport, Arlanda.
Shield Therapeutics shares rise on two recent research papers
Commercial stage pharmaceutical company Shield Therapeutics reported the recent publication of two papers concerning its ‘Feraccru’ or ‘Accrufer’ product on Wednesday.
Instem wins contract with Korean research firm Biotoxtech
Life sciences IT company Instem has won a contract with South Korea-based non-clinical contract research organisation Biotoxtech, it announced on Wednesday, worth around $1m (£0. 8m).
FTSE 250 movers: Chemring surges on interims; B&M hit by downgrade
London’s FTSE 250 was up 2. 6% at 17,889. 70 in afternoon trade on Wednesday.
BoE's Bailey warns bank chiefs on Brexit - report
The Governor of the Bank of England has told bank bosses to step up preparations for the UK failing to agree a trade deal with the EU, according to a report.
US open: Stocks continue to rally on optimism around reopening economy
Wall Street stocks opened higher on Wednesday as major indices continued to rally amid growing optimism regarding the reopening of several US states.
FTSE 100 movers: Airlines fly higher; gold miners lose shine
London’s FTSE 100 was up 2. 2% at 6,358. 85 in afternoon trade on Wednesday.
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