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Wincanton renews Co-op distribution contract for five years
Supply-chain solutions provider Wincanton has renewed its distribution contract with the Co-op for a further five years.
Hochschild Mining surges on Numis upgrade
Hochschild Mining surged on Tuesday as Numis upgraded its stance on the stock to ‘buy’ from ‘hold’ and lifted the price target to 290p from 220p.
London midday: Stocks inch higher but risk hampers conviction
London chip stocks were mostly higher by midday on Tuesday as reporting season kicked into gear to override a .
Tyman lifts H1 profit, optimistic on US growth prospects
Engineered-components supplier Tyman has issued an improved first-half pre-tax profit and said it remains optimistic about growth prospects in the US for the second six months of the year.
Taptica partners with Asia mobile marketing specialist Adways Korea
Mobile advertising specialist Taptica International has partnered with Asian mobile marketing firm Adways Korea, which is part of the TSE-listed Adways Inc Group.
Quantum Pharma launches Mucodis Rectal Gel
Quantum Pharma said Colonis has launched its Mucodis Rectal Gel for preventing and treating rectal mucositis, a common side effect of chemotherapy and radiotherapy in cancer patients.
Europe midday: Stocks waver amid earnings deluge; FOMC eyed
European stocks were mixed in a tight range on Tuesday as investors sifted through more earnings ahead of key central bank meetings.
Carillion joint ventures win Canadian and Irish contracts
Carillion celebrated two contract wins on Tuesday, with two of the FTSE 250 firm’s joint ventures in Canada and Ireland being selected for major public projects.
Virgin Money boosts profits but softens guidance ahead of BoE hike
Virgin Money grew strongly during the first half of the year, beating many analyst's expectations, but with the economic outlook more cautious the company has slightly softened its net interest margin (NIM) guidance.
Greencore disappoints as sales growth slows, little effect seen from Brexit
Convenience food manufacturer Greencore’s third quarter revenues increased by 4% driven by the company’s Food to Go business while it expects no short-term effects from Brexit.
Hansteen buys remaining AIF units for £39.5m
Investment company Hansteen Holdings has bought the further 86. 5m units in Ashtenne Industrial Fund (AIF) that it did not already own for £39. 5m and refinanced its UK and France portfolio.
Lamprell warns on 2017 revenues, announces rig delay
Lamprell warned on Tuesday that revenues in 2017 would take a hit from the challenging market environment as it said that delivery of the jackup drilling rig which had been scheduled for the second quarter has been delayed.
US pre-open: Stocks seen flat as investors eye rate announcement, earnings
US futures pointed to a broadly flat open on Wall Street as investors awaited the outcome of the Federal Reserve’s two-day policy meeting on Wednesday and looked to a slew of earnings releases.
Berenberg downgrades ARM as it lifts price target to reflect Softcat deal
Berenberg downgraded ARM Holdings to ‘hold’ from ‘buy’ as it lifted the price target to 1,700p from 1,400p on the company’s pending deal with Softbank.
AB InBev improves offer for SABMiller, 'unacceptable' say shareholders
Brewer SABMiller has received a new, final takeover offer of 4,500p from Anheuser-Busch InBev after the collapse of the pound and pressure from a group of new activist shareholders, but major shareholder Aberdeen Asset Management said that it remained "unacceptable".
Amazon receives go-ahead from UK government to test drone delivery
Amazon will begin to test its aerial drone parcel delivery system after announcing an agreement with the British government, putting to bed previous issues surrounding the use of the technology.
EasyJet flies lower on Liberum downgrade
EasyJet flew lower on Tuesday as Liberum downgraded its stance on the stock to ‘sell’ from ‘hold’ and slashed the price target to 930p from 1,050p following the company’s third-quarter update last week.
Drax earnings drop amid weak commodity markets
Drax Group posted a drop in underlying earnings for the first half of the year amid weak commodity markets and following the removal of the climate change levy exemption.
Ladbrokes, Coral must sell 350 to 400 shops to get merger clearance, says CMA
The Competition and Markets Authority has confirmed that bookmakers Ladbrokes and Gala Coral will have to sell 350 to 400 shops in order to obtain clearance for their proposed merger.
Sanders supporters disrupt Democrat convention despite calls for unity
After a controversial Republican National Convention last week, the Democrats continued the drama on Monday as the divide between supporters of Hillary Clinton and Bernie Sanders showed no signs of letting up on the first day of their gathering.