Full List Of Stories
FTSE 250 movers: EasyJet flies higher; Babcock slumps
London’s FTSE 250 was up 0. 8% at 17,302. 31 in afternoon trade on Tuesday.
FTSE 100 movers: Diageo loses its fizz on results; Melrose rallies
London’s FTSE 100 was flat at 6,035. 23 in afternoon trade on Tuesday.
EasyJet expands flight schedule as Q4 loss set to narrow
EasyJet said on Tuesday that it expects to report a smaller loss for the fourth quarter of the year, as it expands its flight schedule amid stronger-than-expected summer bookings, after taking a hit from the Covid-19 pandemic.
Liberum ups Spire Healthcare to 'buy'
Liberum upgraded its rating on Spire Healthcare to ‘buy’ from ‘hold’ on Tuesday, saying that while Covid-19 has effectively put the business "in deep freeze for 2020", the private hospital operator is set to benefit from a surge in NHS waiting lists.
London midday: Stocks flat as Diageo slumps, BP rallies on results
London stocks were little changed by midday on Tuesday following strong gains in the previous session, as investors sifted through results from the likes of BP and Diageo.
BT weakness a buying opportunity, says Berenberg
Berenberg upgraded its stance on BT to ‘buy’ from ‘hold’ on Tuesday, as it argued that sentiment towards the shares - which are now the worst in the telecoms sector year-to-date - should recover and that weakness represents a buying opportunity.
Eurozone producer prices rise in June after four months of falls
Eurozone producer prices rose in June, having suffered four consecutive months of declines due to the Covid-19 pandemic, according to figures released by Eurostat on Tuesday.
Ryanair July traffic slumps 70%
Ryanair reported a 70% fall in July traffic on Tuesday as it operated just 40% of its normal schedule due to the coronavirus pandemic.
Redx Pharma surges on AstraZeneca licensing agreement
Redx Pharma shares soared on Tuesday after it signed a licensing agreement with AstraZeneca for its porcupine inhibitor for fibrotic diseases, RXC006.
London open: Stocks edge lower with BP, Diageo earnings in focus
London stocks edged lower in early trade on Tuesday following strong gains in the previous session, as investors sifted through results from the likes of BP and Diageo.
Ascential cancels US, Europe Money20/20 events due to Covid-19
Information, data and analytics company Ascential pinned the blame on Covid-19 on Tuesday as it cancelled the Europe and US editions of the Money20/20 events.
Spectris reinstates dividend after better-than-expected H1
Spectris said on Tuesday that it performed better than expected in the first half, with sales down less than forecast and orders faring better, as it reinstated its dividend.
Rotork H1 profit hit by Covid but 2019 dividend reinstated
Rotork reported a 4% decline in first-half profit on Tuesday as revenues were dented by the Covid-19 pandemic, but the industrial flow control equipment maker reinstated its previously-deferred final dividend for 2019.
London pre-open: Stocks seen muted after strong gains; BP results in focus
London stocks were set for a muted open on Tuesday following strong gains in the previous session, with results from the likes of BP and Diageo in focus.
Tuesday newspaper round-up: Advertising spend, leisure jobs, AA
Advertising spend across the UK media fell by more than £1bn year on year during the coronavirus lockdown, according to figures that reveal the government has become the UK’s biggest advertiser during the pandemic. UK advertising spend on traditional media – TV, newspapers and magazines, radio and cinema as well as on poster sites and billboards across the country – almost halved from the start of lockdown on 23 March to the end of June. – Guardian.