Full List Of Stories
Real estate investment trust Segro said on Tuesday that it was planning to raise around £800m in a placing to pursue additional growth opportunities.
Barclays has agreed to sell around $1. 1bn of credit-card receivables in the US to Blackstone as it looks to reduce its risk-weighted assets and create additional lending capacity.
London’s FTSE 100 was up 0. 1% at 7,688. 42 in afternoon trade on Tuesday.
Currys confirmed on Tuesday that it had received and rejected a sweetened takeover approach from US investment firm Elliott Advisors.
Morgan Stanley downgraded Unilever on Tuesday to ‘underweight’ from ‘equalweight’ and cut the price target to 3,775p from 4,100p.
London stocks had pared earlier small gains to trade flat by midday on Tuesday as investors erred on the side of caution ahead of key US inflation data later this week.
McBride surged on Tuesday as the cleaning products manufacturer lifted it full-year outlook for adjusted operating profit, citing good levels of demand for retailers’ own brands.
Fund manager Abrdn said on Tuesday that it has started work on its plans to cut around 500 jobs as part of a cost-reduction programme that is running ahead of targets, as it posted a narrowing of its full-year losses but warned of a hit to margins as clients shift to passive investing.
Barclays upgraded Flutter Entertainment on Tuesday to ‘overweight’ from ‘equalweight’ and lifted the price target to 200p from 153p, citing multi-year earnings growth.
London stocks nudged higher in early trade on Tuesday as investors erred on the side of caution ahead of key inflation data later this week.
On the Beach said on Tuesday that it has signed a long-term distribution agreement with Ryanair, despite the latter having recently branded the online travel agent a "pirate" and accused it of marking up prices.
London stocks were set to fall at the open on Tuesday following losses on Wall Street.
A top US antitrust watchdog sued to block the country’s largest-ever supermarket merger on Monday, alleging the deal would raise prices for millions of shoppers. The Federal Trade Commission argued that Kroger’s $24. 6bn takeover of rival grocer Albertsons would narrow consumer choice and weaken the quality of products on shelves. – Guardian.
London’s FTSE 100 was down 0. 4% at 7,678. 73 in afternoon trade on Tuesday.
Berenberg upped its price target on ‘buy’ rated Standard Chartered on Monday to 1,050p from 1,000p as it said that growth and returns are undervalued.
Private equity firm KKR has agreed to buy Broadcom’s end-user computing division - the EUC Division - in a $4bn deal.
Logistics firm Wincanton surged on Monday after CEVA Logistics, a unit of French shipping firm CMA CGM, sweetened its offer for the group to £604. 7m, and following an approach from Clipper Logistics owner GXO Logistics.
International Personal Finance cited regulatory issues in Poland as it delayed the release of its full-year results.
London stocks were still in the red by midday on Monday as investors eyed the release of key US data this week, with housebuilders under pressure amid news of a probe by the competition watchdog.
Ocado slumped on Monday following a report over the weekend that Marks & Spencer is withholding a multimillion-pound payment to the group after their grocery delivery venture missed key performance targets.