Latest News
Eurozone Q2 economic growth comfirmed at 0.3%
Eurozone gross domestic product growth for the second quarter was confirmed at 0. 3%, according to data released by Eurostat on Tuesday.
Curtis Banks reports growth in first half following successful acquisitions
Past acquisitions drove a sharp increase in operating revenues at Curtis Banks Group, a provider of self-invested personal pensions (SIPPs) and small self-administered schemes (SSAS), even as the company adjusted to the impact from lower interest rates.
Tuesday broker round-up
Marks & Spencer: Goldman Sachs reiterates sell with a target price of 315p.
British Airways passengers suffer major delays due to IT glitch
"Computer problems" are being blamed for widespread delays to British Airways flights as hordes of passengers took to Twitter to express their anger towards the company.
Canaccord reiterates 'hold' on Wolseley ahead of FY results
Canaccord Genuity on Tuesday reiterated a ‘hold’ rating on Wolseley but raised the target price to 4,340p from 4,150p ahead of its full year results.
MartinCo buys EweMove for £15m to increase online foothold
AIM-listed property company MartinCo bought estate agent EweMove Sales and Lettings and its subsidiary Ewesheep for £15m, to increase its foothold in the online market.
Ideagen buys Bulgaria's Logen for £100,000
Information management software provider Ideagen bought its Bulgarian audit software reseller, Logen for £100,000.
Barclays downgrades Standard Chartered on valuation
Barclays downgraded Standard Chartered to ‘underweight’ from ‘equalweight’ as it said the stock’s valuation is overshooting its earnings power, but lifted the price target to 520p from 500p.
Asia report: Markets mixed as RBA stands pat
Asian markets were mixed on Tuesday, as investors down under digested the Reserve Bank of Australia’s decision to stand pat on interest rates at 1. 5%.
Obama cancels meeting with Philippine´s Duterte after offensive comment
US president Barack Obama has backed out of a planned meeting with Rodrigo Duterte, president of the Philippines, after the recently-elected leader referred to him as a "son of a whore".
UK High Street sales drop unexpectedly in August, BRC says
Sales on Britain´s High Street slowed unexpectedly in August, widening the gap with respect to the official retail sales data for a fourth consecutive month and leaving experts divided on the outlook.
Redrow FY profit jumps amid strong demand, hikes dividend
Redrow surged on Tuesday as the FTSE 250 housebuilder reported a jump in pre-tax profit for the full year as revenue grew and the company lifted its dividend.
Kainos Group sees full year in line with market views
IT, consulting and software solutions provider Kainos Group said on Tuesday that it expects results for the full year to be in line with market expectations.
Sports Direct asks law firm to lead a further review into labour conditions
Sports Direct asked law firm Reynolds Porter Chamberlain (RPC) on Tuesday to lead a further comprehensive review of working practices at the retailer.
Gear4Music posts jump in interim sales
Musical instruments and equipment retailer Gear4Music reported a jump in interim sales as it said the business was well placed to cope with the impact of the UK’s decision to leave the European Union.
German manufacturing orders rise less than expected in July
New manufacturing orders in Germany rose less than expected in July, according to data released by Destatis on Tuesday.
London open: Weak retail sales data weigh on Footsie
London stocks dipped lower in early trading following the release of weaker than expected data on UK retail sales for August.
Europe open: Stocks nudge higher as oil gains ground
European stocks nudged up in early trade, taking their cue from a positive session in Asia as oil prices continued to gain ground.
London City Airport closed by Black Lives Matter protesters
Flights at London City Airport were severely disrupted on Tuesday morning, after a group of protestors managed to access the runway.
Halfords revenues rise due to acquisition
Cycling and motoring retailer Halfords increased revenue due to growth in bike sales and a recent acquisition.