Full List Of Stories
Superdry enlists PwC to review debt options - report
Superdry shares tumbled on Tuesday following a report the fashion retailer has enlisted one of the big four accountancy firms to advise on its finances in the wake of a pre-Christmas profit warning.
Diageo settles legal dispute with Sean Combs
Diageo said on Tuesday that it has agreed to resolve all disputes with Sean Combs, after the rapper accused the drinks company of racism and of neglecting their business agreements regarding the Ciroc Vodka and DeLeon Tequila brands.
FTSE 100 movers: Experian rallies; AZN hit by downgrade
London’s FTSE 100 was down 0. 4% at 7,561. 57 in afternoon trade on Tuesday.
Synopsys to buy Ansys in $35bn deal
Chip design software maker Synopsys said on Tuesday that it has agreed to buy Ansys in a $35bn cash and share deal.
RBC Capital starts Premier Foods at ‘outperform’
RBC Capital Markets initiated coverage of Premier Foods on Tuesday with an ‘outperform’ rating as it said the shares are materially undervalued even after recent strong performance.
London midday: Stocks stay down as rate cut hopes dashed; Ocado surges
London stocks were still down by midday on Tuesday as investors mulled the latest UK jobs data, and as hawkish comments from central bankers dampened rate cut hopes.
German investor sentiment improves in January - ZEW
German business sentiment improved in January, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Shell to sell Nigerian business for up to $2.4bn
Shell said on Tuesday that it has agreed to sell its Nigerian onshore subsidiary, SPDC, to local consortium Renaissance for up to $2. 4bn.
Rightmove slumps on JPMorgan downgrade
JPMorgan Cazenove downgraded Rightmove on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 493p from 585p as it pointed to higher R&D and opex spend.
Jefferies downgrades Moneysupermarket, slashes price target
Jefferies downgraded Moneysupermarket on Tuesday to ‘hold’ from ‘buy’ and slashed the price target to 265p from 305p.
McBride sees H1 operating profit 'slightly ahead'
McBride said on Tuesday that first-half adjusted operating profit is set to be slightly ahead of its expectations, but also cautioned over supply chain volatility and ongoing inflationary pressures.
London open: FTSE falls as rate cut expectations scaled back; jobs data in focus
London stocks fell in early trade on Tuesday as investors mulled the latest UK jobs data, and as hawkish comments from central bankers dampened rate cut hopes.
Trustpilot slumps after Northzone sells stake
Berenberg said on Tuesday that it sold just over 5. 17m shares in Trustpilot on behalf of shareholder Northzone in a placing.
Qinetiq backs FY guidance, announces £100m share buyback
Qinetiq backed its full-year expectations on Tuesday as it announced plans to launch a share buyback of up to £100m.
UK wage growth eases, unemployment rate unchanged
UK wage growth eased in the three months to November, while the unemployment rate was unchanged, according to figures released on Tuesday by the Office for National Statistics.
London pre-open: Stocks seen down as investors mull UK jobs data
London stocks were set to fall at the open on Tuesday following a downbeat session in Asia, as investors mulled the latest UK jobs data.
Tuesday newspaper round-up: Shell, fuel retailers, Sizewell C
Shell’s board faces a shareholder rebellion as large investors including the UK’s biggest pension scheme prepare to back a climate activist resolution. Twenty-seven investors have agreed to back a resolution filed by the Dutch shareholder activists at Follow This that calls for the oil company to align its medium-term emissions reduction targets with the 2015 Paris agreement. – Guardian.