Full List Of Stories
FTSE 100 movers: Imperial Brands gains on results; IAG flies lower
London’s FTSE 100 was down 0. 4% at 8,080. 19 in afternoon trade on Tuesday.
Jefferies hikes price target on DCC, says ‘simplicity can unlock value’
Jefferies hiked its price target on buy-rated DCC on Tuesday after the sales, marketing and support services group announced last week that it was planning to simplify its operations and focus on the energy sector.
BT Group gains as Bharti completes acquisition of 24.5% stake
BT Group gained on Tuesday after India’s Bharti Global completed the acquisition of a 24. 5% stake in the telecoms company from France’s Altice.
London midday: Stocks turn lower; Nvidia, UK inflation eyed
London stocks had fallen into the red by midday on Tuesday as investors eyed the latest UK inflation reading and results from US tech giant Nvidia, and as caution set in after Russia changed its nuclear doctrine.
JPMorgan reiterates ‘overweight’ on Just Group, lifts price target
JPMorgan Cazenove reiterated its ‘overweight’ rating on Just Group on Tuesday and lifted the price target to 200p from 190p after it completed a £1. 8bn full buy-in with the Trustee of the G4S Pension Scheme, covering the benefits of around 22,500 members.
RBC Capital starts Sainsbury’s at ‘outperform’, Tesco at ‘sector perform’
RBC Capital Markets initiated coverage on Sainsbury’s and Tesco on Tuesday, saying it sees "attractive" growth prospects for the two major UK listed grocery retailers.
Revolution Beauty swings to loss as revenue slides
Revolution Beauty said on Tuesday that it swung to a loss in the first half as revenue slumped but also hailed good progress with its cost savings programme.
Mulberry to 'streamline operations' as losses widen
Luxury handbag maker Mulberry said on Tuesday that it was taking steps to "streamline operations" as it reported a 19% drop in first-half revenue and a widening of its losses, pointing to a "difficult" trading environment.
London open: Imperial Brands leads gains after results
London stocks rose in early trade on Tuesday, with Imperial Brands leading the gains after well-received results.
Bodycote sees FY operating profit in line despite 'challenging' end markets
Bodycote said on Tuesday that full-year operating profit was set to be in line with market expectations as it hailed a "resilient performance in challenging end markets".
London pre-open: Stocks seen up on positive US, Asian cues
London stocks were set to gain at the open on Tuesday following a positive session in Asia and a mostly higher close on Wall Street.
Tuesday newspaper round-up: Starling Bank, Asos, Morrisons
Staff have resigned at Starling Bank after its new chief executive demanded thousands of workers attend its offices more regularly, despite lacking enough space to host them. In his first major policy change since taking over from the UK digital bank’s founder, Anne Boden, in March, Raman Bhatia has ordered all hybrid staff – many of whom were in the office only one or two days a week, or on an ad-hoc basis – to travel to work for a minimum of 10 days each month.