Full List Of Stories
UBS downgrades Segro, cites weaker outlook for logistics rental growth
UBS downgraded Segro on Tuesday to ‘neutral’ from ‘buy’ and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.
Johnson & Johnson to buy V-Wave for up to $1.7bn
Johnson & Johnson said on Tuesday that it has agreed to buy V-Wave, a privately-held company focused on developing treatment options for patients with heart failure, for up to $1. 7bn.
FTSE 100 movers: BT hit as CityFibre strikes deal with Sky; Fresnillo shines
London’s FTSE 100 was down 1% at 8,276. 04 in afternoon trade on Tuesday.
Hobbycraft on brink of being bought by Modella Capital - report
Arts and crafts retailer Hobbycraft is reportedly on the brink of being sold to a specialist investor whose executives have backed chains including Paperchase and Tie Rack.
Gold prices hit fresh highs amid US rate cut expectations
Gold prices hit a new all-time high on Tuesday amid growing expectations of US rate cuts in September and after the People’s Bank of China issued new import quotas.
London midday: FTSE falls further as energy shares drop, BT tumbles
London stocks had fallen further by midday on Tuesday, with energy issues in the red as oil prices declined and BT under the cosh.
Sweden’s Riksbank cuts rates by 25 basis points
Sweden’s Riksbank cut its benchmark rate by 25 basis points on Tuesday to 3. 5%, as widely expected.
BT Group slides as CityFibre strikes deal with Sky
BT Group slumped on Tuesday after competitor CityFibre announced a long-term broadband partnership with Sky.
London open: Stocks fall as Shell, BP gush lower
London stocks fell in early trade on Tuesday, with energy issues in the red as oil prices declined.
Wood Group swings to H1 operating loss but FY guidance maintained
Wood Group said on Tuesday that it swung to an operating loss in the first half as revenue fell, but the engineering firm backed its outlook for this year and the next.
London pre-open: Stocks seen down despite Wall St gains
London stocks were set to fall at the open on Tuesday despite a solid session on Wall Street.
Tuesday newspaper round-up: Missing yacht, City Airport, energy bills
Morgan Stanley International chairman Jonathan Bloomer is among those missing after a yacht carrying UK tech entrepreneur Mike Lynch sank off the coast of Sicily during a violent storm, an Italian official has said. Salvatore Cocina, head of the civil protection agency in Sicily, said Bloomer and Chris Morvillo, a lawyer at Clifford Chance, were among the six people missing. Lynch and his 18-year-old daughter, Hannah, were also unaccounted for as of late Monday. – Guardian.