Latest News
Meggitt reiterates full year revenue guidance
FTSE 250 defence and aerospace engineer Meggitt reiterated its full-year revenue guidance as it said first-quarter trading has been in line with expectations.
Experian to gobble up CSIdentity in £250m deal
FTSE 100 information services company Experian announced on Tuesday it has signed a definitive agreement to acquire CSIdentity Corporation, which it described as a leading provider of consumer identity management and fraud detection services.
London pre-open: Stocks seen a little lower
London stocks were set for a slightly lower open on Tuesday as oil prices steadied following a rebound in the previous session.
Tuesday newspaper round-up: Negative rates, Sorrell, Tata Steel
Investors looking for income may have to give up on UK equity funds. A spate of FTSE dividend cuts has prompted an industry-wide debate about how the term “income fund” should be defined. Some of the most popular products selected by retail investors, income funds have attracted bumper inflows following years of rock bottom interest rates. To qualify for this label, funds must invest at least 80 per cent of their assets under management into UK equities and also achieve an average yield of more than 10 per cent above the FTSE All Share over a three-year period.
AB Foods maintains earnings, Experian adds to consumer offer
London open The FTSE 100 is expected to open 5 points higher on Tuesday, recouping a small part of the previous day's losses.