Market Pulse
CSIS chair in strategy sees risk of nuclear arms race in Northeast Asia
Anthony Cordesman of the Centre for Strategic and International Studies (CSIS) has warned media reporters and think tanks should be "a little more critical and interested in the facts," in light of recent sensationalist journalism regarding the ongoing tensions between North Korea and the United States.
Maersk defies analysts with unexpected loss, yet shares gain
Danish transport and logistics group AP Moller Maersk saw its shares lift Wednesday after its chief executive Soren Skou, painted an optimistic future for the company.
US open: Wall Street resumes grind higher
Wall Street resumed its grind higher ahead of the release of the minutes of the US central bank's last policy meeting as - for the moment at least - worries around recent events on the Korean peninsula recede in the rear view mirror.
Target increases guidance after impressive second quarter
Target announced Wednesday it had earned $1. 23 per share in the second quarter of the year on reported revenues of $16. 43bn, a 1. 6% increase.
Shell completes sale of stake in SADAF
Shell announced on Wednesday that it had completed the sale of its 50% share in SADAF, the company's joint venture with SABIC, following regulatory approval from the kingdom of Saudi Arabia.
WTI falls back as DoE reveals rise in weekly US oil output
US crude oil stockpiles fell sharply despite rising imports amid still high levels of refinery runs.
Thursday preview: Can Kingfisher and Hikma Pharma turn around fortunes?
Thursday will see results from two businesses trying to turn around fortunes after some difficult few months, in the case of Hikma Pharmaceuticals, or years, in the case of Kingfisher.
Bezant Resources aims for profits from Colombia licence in 3 months
Bezant Resources announced on Wednesday the start of commercial production from its FKJ-083 licence in the Choco province of Western Colombia and said it was expecting to reach operational profitability in the next three months.
Admiral lifts payout as injury claims costs put brake on profits
Admiral's profits for the first six months of the year were hit by the rising cost of personal injury claims after the government changed the payment calculation, though the insurer surprised some analysts by hiking its half-year pay-dividend.
Sage surges on UBS upgrade, though concerns remain
Accountancy and payroll software company Sage Group was on the receiving end of an upgrade to 'neutral' from UBS on Wednesday.
Asia report: Mixed session amid focus on China's banks and household debt
Asian stocks markets diverged on Wednesday morning, with Japan's Nikkei and several China-focused indices in the red but the Hang Seng and ASX both moving higher as North Korean tensions abated.
Credit Suisse reiterates outperform for Weir and Hunting after DoE data
Analysts at Credit Suisse reiterated their 'outperform' recommendations on shares of Weir and Hunting on the back of the latest "solid" official US data on well completions.
US housing starts miss forecasts in July
The US housing market cooled last month with scant indication in the data that a turnout might be on the cards in the near-term, according to economists.
Amazon hit by Trump broadside over tax, jobs
Shares in Amazon fell in pre-market trading after US President Donald Trump lashed out at the "great damage" the online retail giant was doing to the country's bricks and mortar retailers.
Europe midday: Report on ECB's Draghi boosts stocks
Reports that European Central Bank chief Mario Draghi was not planning to signal a policy shift at a key conference next week weighed on the euro, in turn giving a lift to stocks across the Continent.
London midday: Stocks hold gains as pound shows life after wages surprise
London stocks held on to Wednesday's early gains by midday as the pound rebounded on the back of labour market data, geopolitical tensions faded and resources stocks rallied.
Carlsberg reiterates guidance despite much improved earnings
Carlsberg is anticipating a much weaker performance in the second half of the year, though the brewer left its full-year profit forecast unchanged.
Quantum leaps after receiving takeover proposal from Clinigen
UK pharmaceutical developer Quantum Pharma announced it had received an indicative proposal of a possible offer for the company from Clinigen Group.
Harvest Minerals says KPfertil test results exceed expectations
Harvest Minerals said test results for its natural fertiliser product, KPfertil, had exceeded the board's expectations, confirming the potential for it to replace more expensive competitors and to become a staple product in the Minas Gerais agricultural belt in Brazil.
Sirius Minerals reassures over fertiliser mine plans as losses grow
In its first results as a FTSE 250 company, Sirius Minerals reported a larger loss as its development of its Woodsmith polyhalite fertiliser mine under the Yorkshire Moors prepares to move to sinking of a first shaft in the new year.