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FTSE 100 movers: B&M in the black; Rio Tinto falls on update
London’s FTSE 100 was down 0. 3% at 8,160. 12 in afternoon trade on Tuesday.
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RBC Capital starts Auction Technology at ‘sector perform’
RBC Capital Markets started coverage of Auction Technology on Tuesday with a ‘sector perform’ rating and a 540p price target.
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London midday: FTSE stays down as Burberry, Rio Tinto slump
London stocks were still a little weaker by midday on Tuesday as investors continued to mull political developments in the US, with Burberry and Rio Tinto in the red.
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German economic outlook deteriorates for first time in a year - ZEW
The economic outlook in Germany deteriorated in July for the first time in a year, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
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Trustpilot slumps after Vitruvian sells 12.5m shares in placing
Trustpilot tumbled on Tuesday after Vitruvian Partners sold 12. 5m shares in the company in a placing at 220p each.
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Ofwat expands sewage probe to all wastewater companies in England and Wales
Ofwat announced on Tuesday that it was expanding its investigation into how water companies manage their wastewater treatment works and networks to include United Utilities and Severn Trent.
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London open: Stocks fall as Burberry, Rio Tinto lead the decline
London stocks fell in early trade on Tuesday as investors continued to mull political developments in the US, with Burberry and Rio Tinto on the back foot.
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Vanquis Banking to miss FY ROTE target
Vanquis Banking Group warned on Tuesday that it does not expect to meet its FY24 guidance of low single digit return on tangible equity due to additional write-downs.
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London pre-open: Stocks set for more losses
London stocks were set for more losses on Tuesday despite a positive close on Wall Street.
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Tuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies
Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as “a sizable amount” to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. – Guardian.