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US close: Stocks lower in first session of holiday-shortened week
Wall Street stocks closed lower on Tuesday as market participants returned from the Presidents' Day long weekend.
Broker tips: Dominos Pizza Group, XP Power, Arrow Exploration
Jefferies upgraded Domino's Pizza Group on Tuesday to 'buy' from 'hold' and lifted its price target on the stock to 430. 0p from 410. 0p.
Body Shop to shutter roughly half of UK locations
Cosmetics company The Body Shop will shutter roughly half of its UK storefronts and lower staffing numbers at its London head office by approximately 40%, leading to hundreds of job losses in the process.
Canaccord Genuity slightly raises target price on Arrow Exploration
Analysts at Canaccord Genuity hiked their target price on exploration and production business Arrow Exploration from 40. 0p to 44. 0p on Tuesday following "a very encouraging start" to the group's extensive 2024 drilling programme.
Director dealings: Pinewood Technologies CEO sells shares
Pinewood Technologies revealed on Tuesday that chief executive William Berman had disposed of 1. 46m shares in the London-listed management software solutions provider.
US open: Stocks start session lower following losing week
Wall Street stocks were in the red early on Tuesday as market participants returned from the Presidents' Day long weekend.
US pre-open: Futures trade lower following Presidents' Day break
Wall Street futures were in the red ahead of the bell on Tuesday as market participants prepared to return from the Presidents' Day long weekend.
Berenberg lowers target price on XP Power
Analysts at Berenberg lowered their target price on power supply solutions group XP Power from 1,700. 0p to 1,400. 0p on Tuesday but said its thesis on the stock was unchanged.
CMA launches market study into supply of infant formula
Watchdog the Competition and Markets Authority has launched a market study into the supply of infant formula in the UK, after first looking into the market back in November 2023.
Pod Point trades in line with FY expectations
Electric vehicle charging solutions provider Pod Point said on Tuesday that its 2023 trading performance had been in line with expectations, while its net cash balance was ahead.
AstraZeneca acquires US-based biopharmaceutical company
Drugmaker AstraZeneca revealed late on Monday afternoon that it had successfully completed its acquisition of US-based biopharmaceutical company Icosavax.
Antofagasta FY revenues grow as copper prices stabilise
Copper miner Antofagasta said on Tuesday that full-year revenues had grown on the back of a more stable price for the metal throughout 2023.