Analysts at Liberum hiked their target price on low-cost carrier EasyJet from 500. 0p to 650. 0p on Wednesday, stating it was "shrugging off macro concerns".
London stocks closed in negative territory on Wednesday, after fresh data showed UK inflation falling less than expected last month.
Jaguar Land Rover said on Wednesday that it plans to invest £15bn in electric and autonomous vehicles over the next five years.
Wall Street stocks were firmly in the red early on Wednesday as Treasury yields rose and earnings remained in focus.
London’s FTSE 100 was down 0. 2% at 7,894. 33 in afternoon trade on Wednesday.
FTSE 250: 19,189. 05 -107. 27 (-0. 56%).
Liontrust Asset Management said on Wednesday that annual profits were on course to come in ahead of expectations, despite a "challenging" year for the industry.
Podcast group Audioboom said on Wednesday that first-quarter revenues were in line with expectations thanks to a "solid performance" that has it "positioned for further growth".
Gold explorer and miner Hummingbird Resources said in an update on Wednesday that at Yanfolila in Mali, it produced 27,262 ounces of gold in the first quarter.
Brazil-focussed miner and developer Serabi Gold reported first-quarter gold production of 8,005 ounces on Wednesday - a 13% improvement from the same period last year.
Some of the world's biggest buyout firms are reportedly exploring the possibility of a joint bid for $10bn (8. 3bn) sandwich chain Subway.
Materials specialist James Cropper reported positive trading in an update on Wednesday, as it unveiled plans to accelerate revenue and profit growth across the group.
London's Heathrow Airport has launched an appeal against a decision that it must reduce charges for airlines.
Investment banking giant Morgan Stanley was in the red in pre-market trading on Wednesday, despite beating consensus expectations on both revenue and net income.
Atlantic Lithium updated the market on ongoing exploration and resource drilling at the Ewoyaa Lithium Project and broader 560-square kilometre Cape Coast Lithium portfolio in Ghana on Wednesday, as it aimed to deliver Ghana's first lithium mine.
Wall Street futures were firmly in the red ahead of the bell on Wednesday as Treasury yields rose and earnings remained in focus.
Pharmaceuticals giant GSK is set to face a series of walkouts throughout May, it emerged on Wednesday, as hundreds of its workers who are members of the Unite union voted for strike action over a pay dispute.
Real estate franchisor M Winkworth reported a 2022 financial performance in line with management expectations on Wednesday, although it was below the exceptional levels seen in 2021.
Compound semiconductor wafer products and advanced material supplier IQE announced the receipt of a Gold Tier Supplier Award from BAE Systems on Wednesday.
Kistos announced a conditional agreement to acquire all outstanding shares of Mime Petroleum on Wednesday.
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