In a desperately quiet Wednesday for corporate news there is little to drive investor sentiment one way or the other. Investors are more likely to keep an eyue out for a relative splurge of economic data, with the UK is due to provide Industrial Production figures along with release of the Halifax House Price Index and NIESR monthly GDP estimates, while consumer credit data is due from the US.
Building support services company Carillion (CLLN) states that the pace of new orders has slowed in the second half of the year. That's partly due to a spending delays by the government following Britain's vote to quit the European Union, but investors mark the stock 2.3% lower at 250.3p.
UK accounting software supplier Sage (SGE) does confirm recent speculation that it is mulling potential strategic options for its North American payments business, including a sale. Investors shrug that news aside, the stock nudging just 2.5p higher to 622p with attention firmly placed on the company's organic growth ambitions this year.
British transport company Stagecoach (SGC) says its annual earnings outlook is broadly unchanged despite lower bus profits in the first half. But the company does plan to lift its dividend to reflect its confidence in future appetite for public transport, although the share price remains largely flat at 206.9p.
Debt purchaser and manager Arrow Global (ARW) has picked its new CEO, with the top job going to former Virgin Money (VM.) finance boss Lee Rochford. The appointment, which will see Rochford take the reigns on 3 January, sees the shares flat at 291.75p.
Shares in medical company LiDCo (LID:AIM) dive 12.5% to 6.12p as the company launches a discounted cash call for £3m of funding. The 6p per share strike price is 14.3% lower than Tuesday's 7p close.
