Full List Of Stories
Elliott takes $5bn stake in Honeywell, urges split into two businesses
Activist investor Elliott Investment Management called on Honeywell International to break itself up on Tuesday, as it said it had taken a $5bn stake in the company.
FTSE 100 movers: Fresnillo loses its shine; Convatec surges
London’s FTSE 100 was down 1. 1% at 8,039. 06 in afternoon trade on Tuesday.
Schrödinger surges on Novartis collaboration agreement
Schrödinger surged on Tuesday after it announced a $2. 5bn research collaboration and license agreement with Novartis to advance multiple development candidates into the Swiss pharma firm’s portfolio for further development.
Citi highlights reassuring Melrose Industries site visit
Citi said in a note on Tuesday that a recent site visit at Melrose Industries’ Western Approach highlighted "a number of industry-leading technologies".
DCC to focus on energy sector, shares surge
DCC surged on Tuesday as it announced plans to simplify its operations and focus on the energy sector, reported a rise interim profit and lifted its dividend.
London midday: FTSE falls as investors continue to mull Trump win; jobs data in focus
London stocks had fallen further by midday on Tuesday as investors mulled the latest UK jobs data and the impact of Donald Trump’s US presidential win.
German economic sentiment deteriorates in November - ZEW
German business sentiment deteriorated in November, according to a survey released on Tuesday by the ZEW Center for European Economic Research in Mannheim.
Jefferies downgrades Direct Line to ‘hold’
Jefferies downgraded Direct Line on Tuesday to ‘hold’ from ‘buy’ and cut the price target to 165p from 235p.
Bayer cuts earnings outlook, shares tumble
Bayer shares tumbled on Tuesday as it cut its full-year earnings guidance.
London open: Stocks fall as investors mull jobs data; Convatec surges
London stocks fell in early trade on Tuesday as data revealed an uptick in unemployment and a cooling in wage growth, and as investors sifted through a raft of corporate releases.
FCA fines Metro Bank £16.7m for anti-money laundering failings
The Financial Conduct Authority said on Tuesday that it has fined Metro Bank £16. 7m for failing to have the right controls in place to combat money laundering.
UK unemployment rate ticks up, wage growth slows
UK unemployment ticked higher in the three months to September, while wage growth slowed, 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 a weak session in Asia, as investors mulled the latest UK jobs data.
Tuesday newspaper round-up: Bluesky, British Steel, FRC
Social media platform Bluesky has picked up more than 700,000 new users in the week since the US election, as users seek to escape misinformation and offensive posts on X. The influx, largely from North America and the UK, has helped Bluesky reach 14. 5 million users worldwide, up from 9 million in September, the company said. – Guardian.