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AstraZeneca says does not comment on media reports as shares slump
AstraZeneca said on Tuesday that it does not comment on speculative media reports, in response to a sharp drop in its share price.
FTSE 100 movers: Melrose jumps on Citi note; Schroders tumbles on results
London’s FTSE 100 was down 0. 1% at 8,175. 75 in afternoon trade on Tuesday.
Broker tips: Water companies, Close Bros, Melrose
UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat’s Final Determinations next month.
UK water companies rally as Citi, JPM optimistic on outlook
UK water companies were on the rise on Tuesday as Citi and JPMorgan Cazenove struck a positive note on the outlook ahead of Ofwat’s Final Determinations next month.
Melrose Industries rallies as Citi remains 'high conviction' in the buy case
Melrose Industries shot higher on Tuesday as Citi said it remains "high conviction" in the ‘buy’ case, given the trough multiple and the strong mid-term cash outlook.
Sosandar signs licensing agreement with Next for homeware range
AIM-listed fashion brand Sosandar said on Tuesday that it has signed a licensing agreement with Next for a homeware range.
NatWest strikes £11bn deal to offload pension payments to Rothesay
NatWest Group has struck what is thought to be the UK's biggest-ever deal to outsource pension payments to a specialist insurance company.
Whitbread kicks off search for chair Crozier’s successor - report
Premier Inn owner Whitbread has reportedly kicked off the search for a successor to chairman Adam Crozier and is working with Russell Reynolds Associates.
RBC Capital adds 'speculative risk' qualifier to Close Brothers rating
RBC Capital Markets cut its price target on shares of Close Brothers on Tuesday to 425p from 435p and added a "speculative risk" qualifier to its rating as it assessed the impact of premium finance.
London midday: FTSE higher but gains muted ahead of US election
London stocks had pushed a little higher by midday on Tuesday, but gains were unspectacular as investors erred on the side of caution as Americans headed to the polls.
Hilton Food hails strength across all geographies, says Q3 in line
Hilton Food said on Tuesday that it traded in line with management expectations in the third quarter, as it hailed a continued strong performance across all three geographical operating regions.
London open: FTSE nudges up as investors eye US election
London stocks were just a smidgen higher in early trade on Tuesday, with investors erring on the side of caution as Americans headed to the polls.
TP ICAP posts record third-quarter revenue
Interdealer broker TP ICAP reported record third-quarter revenue on Tuesday following strong performances in its Global Broking and Liquidnet businesses.
Asos FY losses widen but outlook upbeat
Online fashion retailer Asos reported a widening of its full-year losses on Tuesday as revenue slumped but insisted that things were looking up after two years implementing its transformation plan.
China's services sector grows more than expected - Caixin
Activity in China’s services sector picked up more than expected in October, according to a survey released on Tuesday.
AB Foods FY profits jump, special dividend declared
Primark owner Associated British Foods posted a 33% jump in full-year adjusted pre-tax profit on Tuesday, with revenue growth in both the retail and food businesses, as it announced a special dividend.
London pre-open: Stocks seen lower as Americans head to the polls
London stocks were set to fall at the open on Tuesday as Americans headed to the polls.
Tuesday newspaper round-up: Oasis fans, house prices, Future
The $1m-a-day voter sweepstakes that Elon Musk’s political action committee is hosting in swing states can continue through Tuesday’s presidential election, a Pennsylvania judge ruled on Monday. The common pleas court judge Angelo Foglietta – ruling after Musk’s lawyers said the winners are not chosen by chance – did not immediately give a reason for the ruling. – Guardian.