Latest News
FTSE 100 movers: LSE surges as ICE says mulling offer; Ashtead and Barclays tank
London’s FTSE 100 index was up 0. 5% to 6,129. 75 at 1420 GMT, boosted by M&A news.
LSE surges as ICE confirms considering offer
London Stock Exchange shares surged after Intercontinental Exchange confirmed it was considering making a bid for the UK exchange to rival Deutsche Boerse’s.
Goldman downgrades ITV to neutral
Goldman Sachs marked down its valuation of ITV’s shares as a result of the recent de-rating in its US peers and cut the M&A premium it attached to them, although it still saw the company as a potential takeover target.
Results round-up
Barclays confirmed plans to sell its African business on Tuesday as it announced a drop in full year profit and a cut to the dividend.
US pre-open: Stocks set for positive open as oil rallies
Stocks on Wall Street looked set for a positive open on Tuesday as European indices pushed up amid stronger oil prices.
Jardine Lloyd impresses as results beat forecasts
Investors were impressed with what Jardine Lloyd Thompson called a 'resilient' financial performance in 2015, with revenues at the insurance and benefits provider up but profits down as a result of a sizeable investment in its US business.
Weak drilling activity, strong dollar hurts Elementis
A reduction in oilfield drilling and a strong dollar had a big impact on Elementis in 2015, with the company reporting its preliminary results for the calendar year on Tuesday.
Mitie secures NHS facilities management contract
Mitie’s facilities management arm has been awarded a contract by NHS Property Services worth in excess of £100m.
Tullett Prebon results solid but warns of FCA probe and 2016 slowdown
Annual results from Tullett Prebon showed profits were 7% but the inter-dealer broker warned of lower revenues so far in 2016 and that it was being investigated by the Financial Conduct Authority over certain trades undertaken between 2008 and 2011.
Smiths Group agrees new pensions funding deal
Engineering firm Smiths Group has reached an agreement on a new pensions funding deal that will lower deficits and boost free cash flow.
Onzima arouses interest with viagra reformulation investment
Onzima Ventures has snapped up a 49% share in drug reformulations outfit N4 Pharma for £41,000 cash and 24. 27m new shares, which will be locked in by N4's management for two years.
Europe midday: Stocks push higher as M&A, oil prices lend support
European stocks pushed higher on Tuesday, shrugging of some weak readings on Chinese manufacturing as stronger oil prices and deal news helped to underpin the mood.
London midday: Stocks rise as investors shrug off disappointing PMIs
London stocks rose on Tuesday as investors expressed indifference at disappointing UK and China manufacturing data.
Asia report: Markets finish choppy Tuesday in the black
Trading in Asia was choppy on Tuesday, led by China, where traders were left digesting a fresh injection of liquidity from the People's Bank, as well as depressed factory data.
Moneysupermarket full year profit up 20%
Moneysupermarket. com reported a rise in full year profit and revenue as it expressed confidence it will deliver its expectations for the year.
Eurozone unemployment shrinks to lowest since 2011
Unemployment in the Eurozone fell to 10. 3% in January from 10. 4% the month before, better than forecasts for it to remain the same and the lowest level since 2011, giving the European Central Bank some positive news to weigh against poor inflation and confidence data.
Just Eat delivers impressive results to the market
Hunger for dinner delivered drove Just Eat's numbers in 2015, with the company delivering some impressive results to the market on Tuesday morning.
Wood Group wins contract with Babcock International
Oil and gas services firm Wood Group has won a $120m (£86m) contract with Babcock International to provide industrial services to a number of its UK sites.
Rotork lifts dividend despite drop in 2015 profit and revenue
Industrial components manufacturer Rotork lifted its full year dividend and expressed confidence in the medium-term outlook, despite posting a drop in 2015 profit and revenue amid challenging markets.
IP Group profit leaps ahead in 2015
IP Group's portfolio expansion and equity raising were a winning strategy in 2015, according to the company's final results published on Tuesday morning.