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FTSE 250 movers: Alpha Group tumbles as CEO exits; Ocado rallies
London’s FTSE 250 was down 0. 2% at 20,614. 59 in afternoon trade on Tuesday.
FTSE 100 movers: Fresnillo shines on Centamin news; AstraZeneca falls
London’s FTSE 100 was down 0. 6% at 8,220. 75 in afternoon trade on Tuesday.
Ethernity Networks gets US govt approval for $1.05m aerospace contract
AIM-listed Ethernity Networks said on Tuesday that it has been granted US government approval for a previously-disclosed $1. 05m US aerospace contract.
Barclays downgrades Asos to ‘underweight’
Barclays downgraded Asos to ‘underweight’ from ‘equalweight’ and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.
London midday: Stocks stay down as investors digest jobs data
London stocks were still weaker by midday on Tuesday as investors mulled the latest UK jobs data.
IQE sees FY results at lower end of market views, shares slump
IQE slumped on Tuesday as it said its full-year performance was set to be at the lower end of analyst forecasts, as some markets remain in recovery in the second half of the year.
CMA to open first phase of probe into Carlsberg's acquisition of Britvic
The Competition and Markets Authority said on Tuesday that it was opening the first phase of an investigation into Danish brewer Carlsberg’s £3. 3n acquisition of Britvic.
UK grocery inflation dips to 1.7% - Kantar
UK grocery inflation fell in the four weeks to 1 September, according to data released by Kantar on Tuesday.
Centamin to be taken over by AngloGold Ashanti in £1.9bn deal
Gold miner Centamin - which operates the Sukari gold mine in Egypt - said on Tuesday that it had agreed to be taken over by AngloGold Ashanti in a £1. 9bn deal.
London open: Stocks fall as investors mull jobs data; Centamin surges
London stocks fell in early trade on Tuesday as investors mulled the latest UK jobs data.
Hill & Smith buys US structural steel components maker Whitlow for $30.2m
Hill & Smith said on Tuesday that it has bought Whitlow, a designer and manufacturer of structural steel and substation components for the US electrical infrastructure market, for $30. 2m (£23m).
Wickes interim profits drop but trends improving
Wickes posted a drop in interim profit on Tuesday as revenues fell, but backed its profit expectations for the year as it said trends were improving.
UK pay growth cools, unemployment rate falls to six-month low
UK pay growth cooled in the three months to July, while the unemployment rate fell to a six-month low, according to figures released on Tuesday by the Office for National Statistics.
London pre-open: Stocks seen lower as investors mull jobs data
London stocks were set to fall at the open on Tuesday following strong gains at the start of the week, as investors mulled the latest UK jobs data.
Tuesday newspaper round-up: Water bills, iPhones, council tax, Audi factory
Rachel Reeves is being urged by a left-of-centre thinktank to announce changes to capital gains tax, inheritance tax and national insurance in next month’s budget that would raise more than £20bn a year for the Treasury. With the chancellor looking for ways to plug a £22bn hole that she has identified in the public finances, the Resolution Foundation said it was a time-honoured tradition that taxes were raised in the first budget after an election. – Guardian.