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Thursday preview: Fedspeak, ECB, Reckitt Benckiser in focus
Financial markets' focus on Thursday will be on the US Federal Reserve and European Central Bank with top officials from both institutions set to deliver speeches.
Europe close: Stocks end mixed as investors digest latest geopolitical headlines, CPI data
European shares finished on a mixed note on Wednesday as investors cautiously welcomed equally mixed reports regarding a partial withdrawal of Russian troops from the border with Ukraine and digested inflation data from the UK and China.
Credit Suisse slashes target on ITM Power due to faster-than-expected decline in PEM pricing
Analysts at Credit Suisse reiterated their 'underperform' recommendation for shares of hydrogen energy solutions provider ITM Power due to the pressure on the company's prices as joint-venture partner Linde takes a larger share of the system price.
London close: Stocks weaker as inflation continues to sizzle
London stocks closed just below the line on Wednesday, as investors digested data showing UK consumer prices increasing at the fastest clip since March 1992 in January.
FTSE 250 movers: Indivior, Tritax gain ground
London’s FTSE 250 was down 0. 2% at 21,799. 76 in afternoon trade on Wednesday.
Broker tips: Glencore, Croda
Analysts at Deutsche Bank raised their target price on miner Glencore from 450. 0p to 500. 0p on Wednesday after the firm reported "solid results" earlier in the day.
US open: Stocks head south as Russia-Ukraine tensions in focus ahead of FOMC minutes
Wall Street stocks were in the red early on Wednesday as investors remained focussed on tensions between Russia and Ukraine and awaited the release of minutes from the latest FOMC meeting later in the day.
Director dealings: Tritax EuroBox director invests £50k, Lok'n Store's Holmes makes another sale
Tritax EuroBox was on the list of director buys on Wednesday, as it disclosed a purchase worth almost £50k by one of its non-executive directors.
Ocean Outdoor swings to earnings as market recovers
Digital billboard operator Ocean Outdoor reported a 44. 3% improvement in revenue in a full-year trading update on Wednesday, to £124. 4m.
FTSE 100 movers: Banks retreat; precious metals miners shine
London’s FTSE 100 was down 0. 3% at 7,588. 58 in afternoon trade on Wednesday.
Lekoil set to defend legal claim over AGM resolutions
Nigeria and West Africa-focussed exploration and production company Lekoil updated the market on the legal issues surrounding recently-passed general meeting resolutions on Wednesday.
Silverbullet announces several engagements for '4D' platform
Digital service provider Silverbullet announced a number of recent ‘4D Context Outcomes Engine’ engagements with its flagship digital marketing product on Wednesday.
Aura Energy adds vanadium to Tiris Project resource
Aura Energy announced a JORC-compliant resource estimate for 18. 4 million pounds of vanadium contained within its Tiris deposits on Wednesday.
Sound Energy gives Tendrara contractor notice to proceed
Sound Energy announced the issue of a notice to proceed to its contractor to Italfluid Geoenergy on Wednesday, for the Tendrara Concession mLNG Facilities project, onshore Morocco.
Primorus puts £1m into Clean Power Hydrogen IPO
Primorus Investments has invested £1m in the initial public offering of Clean Power Hydrogen (CPH2), it announced on Wednesday.
US retail sales jump past forecasts in January
Americans splashed out with abandon at the start of the year.
Helium One losses widen as it moves to next exploration phase
Tanzania-focussed helium company Helium One reported a loss before tax of $5. 16m (£3. 81m) in its annual results on Wednesday, widening from $2. 26m year-on-year.
Shanta Gold reports positive findings from West Kenya drilling
East Africa-focussed Shanta Gold updated the market on exploration at the West Kenya Project on Wednesday, where a second phase drilling programme was aiming to convert resources to Indicated at Isulu-Bushiangala.
Crossword's Rizikon platform selected for new maritime certification
Crossword Cybersecurity announced on Wednesday that the IASME Consortium - a UK government ‘Cyber Essentials Partner’ - had selected Rizikon Assurance as the core platform to support a new maritime security certification.
Kerry Group guides for solid growth after decent 2021
Kerry Group reported revenue of €7. 4bn (£6. 21bn) in its preliminary results on Wednesday, up 8. 3% year-on-year, which the company said reflected volume growth of 8. 0%.
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