Latest News
Fitch rates Aviva's CA$450m Tier 3 bonds at 'BBB+'
Fitch Ratings has attached a ‘BBB+’ rating to insurance giant Aviva’s CA$450m of Tier 3 subordinated notes, the proceeds of which are being used to part-fund Aviva Canada’s buy of RBC General Insurance Company.
Range Resources, Lind Asset Management settle dispute
Range Resources and Lind Asset Management have reached a binding agreement to settle all of their outstanding claims and disputes.
Alecto's shares dive after dicounted £650,000 placing
Alecto Minerals's shares plunged almost 17% after raising £0. 65m in a discounted placing as it moves to bring the 400,000 tonnes-a-year Matala Gold Project, Zambia, into low-cost production in the near- to mid-term.
Blinkx swings to operating loss as it narrows core focus
Internet media platform Blinkx swung to operating losses in the year to 31 March, it reported on Tuesday, having improved core revenues but slashing non-core turnover.
Results round-up
A strong performance in the fourth quarter helped Vodafone return to annual organic growth for the first time in eight years, with the final dividend also hiked 2% to celebrate completing its Project Spring investment programme.
Broker tips: Inmarsat, Halma, Taylor Wimpey
Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning.
Banks to limit overdraft charges as CMA demands only small changes
Banks will be forced to limit overdraft charges and introduce a new standard technology to enable consumers to more easily switch between providers, among several measures proposed by the competition watchdog to improve competition in retail banking.
FTSE 250 movers: BTG rewarded as Halma loses out
The FTSE 250 managed to stay in the green in afternoon trading on Tuesday, as investors largely ignored the worse-than-expected slowdown in UK inflation.
Zytronic lifts interim profits and dividend despite revenue dip
Shares in touch-sensor manufacturer Zytronic were down almost 7% as the company's first-half revenue slipped lower, although its pre-tax profit and interim dividend for the period improved.
Wednesday preview: FOMC meeting minutes under microscope
Minutes from the Federal Reserve’s April policy meeting may offer hints on Wednesday about the central bank’s next change to interest rates.
US industrial production rallies more than expected
Industrial production bounced back surprisingly strongly in April, expanding 0. 7% compared to the forecast 0. 3% and compared to the revised 0. 9% decline the month before, in part due to a jump in utility output.
Speedy Hire hails restructuring benefits as it posts annual loss
Shares in Speedy Hire were up almost 5% this afternoon after it posted an impairment-dented set of full year results, but confirmed it was beginning to respond positively following a period of restructuring.
Lakehouse shares slide after disappointing first half
Asset and energy support services group Lakehouse was sliding on the London Stock Exchange on Tuesday afternoon, after the company released some very disappointing first-half numbers earlier in the morning.
Renewables Infrastructure raises £30.3m through share issue
Investment company The Renewables Infrastructure Group announced on Tuesday that it has raised £30. 3m through the issue of 30 million new ordinary shares at an issue price of 101p each, following the announcement of a share issuance programme on 27 April.
Credit Suisse downgrades Eutelsat but keeps Inmarsat at 'overweight'
Credit Suisse reiterated its 'outperform' rating on Inmarsat while downgrading rival Eutelsat to 'neutral' after its substantial profit warning.
Coca-Cola HBC proposes dividend, outlines board changes
Coca-Cola HBC proposes declaring a gross dividend of €0. 4 a share, subject to approval at the AGM on 21 June, and also a raft of director changes. It expects the dividend to be paid 26 July, having gone ex-divided on 30 June.
Tuesday newspaper share tips: British Land, Marks & Spencer
The relative under-performance of British Land’s shares in recent months is arguably a tell for heightened risk aversion among investors, says the Financial Times’ s Lex column.
US housing starts accelerate in April, but permits miss forecasts
Activity among US homebuilders accelerated last month but a lead indicator of activity came in slightly beneath market forecasts.
US consumer prices edge lower in April, as expected
The cost of living in the US increased slightly more quickly than expected in April in comparison to the month before but dipped versus the same period one year ago, as expected.
US pre-open: Stock futures struggle for direction ahead of US inflation
US stock futures struggled for direction on Tuesday as oil prices wavered and traders awaited inflation data.