Full List Of Stories
US close: Stocks lower, Apple weighs on major indices
US stocks closed sharply lower on Tuesday as shares in tech giant Apple weighed on the Street.
Broker tips: Trustpilot, Clarkson
Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190. 0p to 250. 0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.
Director dealings: Tracsis CFO lowers stake
Tracsis revealed on Tuesday that chief financial officer Andrew Kelly had disposed of 9,165 ordinary shares in the AIM-listed transport technology group.
Canaccord Genuity raises target price on Clarkson
Analysts at Canaccord Genuity raised their target price on shipping services firm Clarkson from 4,325. 0p to 4,500. 0p on Tuesday after the group delivered a 23% incremental pre-tax profit margin in FY23, lower tax, and a dividend per share of 102. 0p with still sizeable net free cash balances at end of the trading year.
Meta hit with major outages, Facebook and Instagram down
Social media giant Meta was hit by a major outage on Tuesday afternoon, with thousands of users left unable to access Facebook, Messenger, and Instagram.
US open: Stocks extend losses in early trading
Wall Street stocks were in the red at the opening bell on Tuesday as traders looked ahead to testimony from Federal Reserve chairman Jerome Powell over the next two days.
S&P Global US composite and services PMIs upwardly revised
The S&P Global composite purchasing managers index was revised higher to 52. 5 in February, up from preliminary estimates for a reading of 51. 4 and ahead of the 52 recorded in January.
US pre-open: Futures trade lower as Nasdaq retreats from record high
Wall Street futures were in the red ahead of the bell on Tuesday as stocks looked set to pick up where they left off yesterday.
JP Morgan raises target price on Trustpilot
Analysts at JP Morgan raised their target price on review website operator Trustpilot from 190. 0p to 250. 0p on Tuesday, stating earnings momentum looked set to continue as the group transitions into a fast-growing free cashflow generator.
UK car registrations rise YOY in February, business and fleet sales drive growth
New car registrations rose 14. 0% to 84,886 units last month, according to the Society of Motor Manufacturers and Traders, delivering the best February performance since 2004.
Inchcape details 'excellent' FY23, expects more 'moderate' growth in FY24
Automotive distributor Inchcape detailed an "excellent" annual performance on Tuesday but tempered expectations for future growth.
Intertek FY profits grow on improved revenues
Laboratory testing group Intertek said on Tuesday that profits had grown in 2023, driven by improved full-year revenues and margins.