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Barclays sees risk of commodity price declines due to poor fundamentals
The lack of improvement in the fundamental drivers of the commodity market meant it was exposed to the risk of a rush to the exits by investors in the second quarter of 2016, a top-rated broker said.
Failed New Zealand acquisition takes Mosman loss deeper
A failed acquisition in New Zealand led Mosman Oil & Gas deeper into the losses in the first six months of its financial year, with the firm working to assure the market of its continued viability in its interim results on Tuesday.
US house prices accelerate slightly in January, pressured by lack of new build
The rate of US home price gains edged slightly higher at the start of the year, according to one of the most widely-followed barometres of the sector, as a lack of new build continued to boost prices - although there were signs that might be changing.
Icap bondholders approve sale of voice broking arm
Icap’s bondholders have approved the interdealer broker’s planned sale of its hybrid voice broking and information business to Tullett Prebon.
GameAccount Network signs up another US casino operator
GameAccount Network celebrated another major win in the US casino industry on Tuesday, adding an undisclosed large operator in the US to its client list, expanding its market into another state - also undisclosed.
Galileo Resources reports good news at Concordia
There was good news from Galileo Resources on Tuesday, with the firm reporting positive initial results from independent modelling on its Concordia concession in the Northern Cape of South Africa.
Broker tips: Next, Lamprell, Hansteen
Deutsche Bank upgraded Next to ‘buy’ from ‘hold’ but cut the price target to 6,850p from 7,200p following the company’s full year results last week.
Risk assets facing nasty combination from falling growth and rising inflation, Citi says
Falling forecasts for real economic growth globally, together with rising 'core' inflation, made for a nasty mix for risk assets, analysts at Citi said on Tuesday.
Tata weighing fate of Port Talbot steel plant
The future of the Tata-owned Port Talbot steel plant in Wales hinged on a board meeting in India on Tuesday as the company decided whether or not to close it down in the face of plunging commodities prices.
BoE sees credit crunch risk from 'Brexit'
Uncertainty around Britain's EU membership has added to risks to the economic outlook for the UK, the Bank of England said on Tuesday, adding that a departure could lead to a credit crunch.
Shire wins US patent trial for ulcerative colitis drug Lialda
The United States District Court for Southern Florida has upheld Shire’s patent for ulcerative colitis drug Lialda in the US until 2020.
US growth outlook intact despite financial market volatility, Fed´s Williams says
A top US central bank official sounded an upbeat note on prospects for that country´s economy, dismissing warnings that a slowdown in the world economy would derail the expansion.
Hikma subsidiary receives FDA approval for Temozolomide capsules
Hikma Pharmaceuticals’ fully-owned subsidiary West-Ward Pharmaceuticals has received approval from the US Food and Drug Administration for its abbreviated new drug application for Temozolomide capsules.
Europe midday: Stocks waver ahead of Yellen speech
European stocks wavered on Tuesday, coming off earlier highs as the focus shifted to a speech from Federal Reserve Chair Janet Yellen later in the day and the key US jobs report at the end of the week.
London midday: Stocks flat as BoE tightens its belt on lending rules
London stocks were flat on Tuesday after the Bank of England announced tightened rules for mortgage lending to landlords.
Ascent shares rocket as Cadogan confirms combination talks
Cadogan Petroleum confirmed its interest in Ascent Resources on Tuesday, but offered little insight into what shape any possible combination might take.
Sanofi poaches top AstraZeneca scientist
Sanofi revealed it had poached one of AstraZeneca's top scientists on Tuesday, appointing Yong-Jun Liu as its new research head.
Forterra planning £450m London listing
Forterra, a producer of manufactured masonry products, has announced its intention to list on the London Stock Exchange, with admission expected next month.
Hansteen 2016 outlook uncertain, says Numis
The outlook for industrial property investor Hansteen in 2016 is uncertain, according to Numis.
US pre-open: Stocks seen touch lower as focus shifts to Yellen
US futures pointed to a slightly lower open on Wall Street as investors looked to a speech from Federal Reserve Chair Janet Yellen for further clues on the central bank’s next policy move.