Latest News
Tesco Bank takes on high street lenders with new mortgage broker offer
Tesco's banking arm has set out plans to increase its lending by offering mortgages through independent brokers.
FTSE 250 movers: Board expectations lift AVEVA, Meggitt
The FTSE 250 was keeping its head above water on Tuesday afternoon, as oil prices continued their recovery.
Karelian Diamond Resources acquires new Finnish mining permit
Karelian Diamond Resources has agreed to acquire a diamond mining permit over the Lahtojoki project in Finland, which it predicts can become a profitable low strip ratio open pit diamond mine.
Aberdeen appoints Threadneedle COO as head of distribution
Campbell Fleming will be stepping down from his role as EMEA chief executive and global chief operating officer of Columbia Threadneedle Investments to join Aberdeen Asset Management as global head of distribution.
Tuesday broker round-up
Telecom Plus: Berenberg downgrades to hold with a target price of 1000p and Finncap reiterates buy with a 1225p target.
US housing starts fall more than expected in March
US housing starts fell a little more than expected in March, according to data released by the Commerce Department.
Credit Suisse calls for Premier Foods to start delivering, cuts target price
Credit Suisse cut its price target on Premier Foods after coming off restriction on the stock, saying that management now had to show they made the right call after their "bold rejection of a potential offer from McCormick.
Amryt Pharma reverses onto AIM to advance orphan drug strategy
Speciality drug developer Amryt Pharma has completed its flotation via the reverse takeover of AIM-listed Fastnet, raising £10m of new cash in the process and acquiring two operating companies.
Results round-up
First-half earnings from Associated British Foods were better than expected thanks to a long-awaited improvement in its sugar business, while its Primark clothing business endured a tough Christmas and was one of several parts of the business hit by currency movements.
IQE joins major micro-sensor consortium
IQE was celebrating a major development on Tuesday, having joined the new MIRPHAB consortium to establish a pilot line serving the growing demand for European analytical micro-sensors.
Europe midday: Stocks push higher on oil rebound, ZEW
European stocks rose on Tuesday, supported by a rebound in oil prices and a better-than-expected reading on German investor confidence.
London midday: Miners lead equities higher
London stocks gained on Tuesday, led by a rally in mining stocks as precious metal prices rose.
Lonmin appoints new chief financial officer
Platinum producer Lonmin has appointed Barrie van der Merwe as chief financial officer with effect from 17 May.
WPP buys remaining stake in Athens-based market research agency
WPP’s operating network, TNS, has bought the remaining stake in Greece’s Taylor Nelson Sofres ICAP Market Research it did not already own.
Harvest Minerals submits initial samples from Brazil projects
Harvest Minerals capped off a busy quarter with a market update on Tuesday, outlining its move to tangible exploration work at its two Brazilian projects.
US pre-open: Stocks seen higher as oil rebounds; Goldman eyed
US futures pointed to a firmer open on Wall Street as oil prices continued to rebound from their post-Doha lows, with investors looking to the release of first-quarter results from behemoth Goldman Sachs.
Fresnillo downgraded to 'sell' from 'reduce' by Numis
Fresnillo’s stock was downgraded to ‘sell’ from ‘reduce’ and its target price left at 800p on Tuesday by Numis.
VinaLand continues share buyback programme
VinaLand continued its long-running share buyback programme this month, confirming on Tuesday that it purchased 1. 1 million ordinary shares of one US cent each, at 66 cents a piece on 15 April.
Stock Spirits and activist Amaral fire shots ahead of AGM vote
Ahead of a shareholder meeting next month, Stock Spirits and major shareholder Luis Amaral have both fired off new shots in a war of words that led to the early retirement of the Polish vodka maker's chief executive on Monday.
Tesco receives Dobbies bid from Terra Firma, reports say
Tesco has reportedly received a £175m approach for its Dobbies Garden Centres division from rival Wayvale, which is owned by private equity house Terra Firma.