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Hochschild Mining to update on progress at Capital Markets Day
Hochschild Mining continued to make strong progress financially, with production heading higher, costs cut and the balance sheet strengthened, the company said in a summary of a presentation it was due to present at a Capital Markets Day later in the session.
Bayer sweetens bid for Monsanto again
Bayer has confirmed it is in advanced negotiations with US agrochemical and agricultural biotechnology firm Monsanto and would be prepared to offer $127. 50 per share for the company, up from a previous offer of $125 in July.
Berkeley bounces back from Brexit uncertainty
Housebuilder and property developer The Berkeley Group Holdings issued an interim management statement for the period from 1 May to 31 August on Tuesday, as investors gathered for its annual general meeting.
Ashmore reports sharp drop in revenues, but flags optimistic outlook
Ashmore´s full-year revenues and assets under management came under pressure during the company´s last financial year, even as management sounded an optimistic note on the prospects for the emerging market space.
DS Smith says trading in line
FTSE 250 recycled packaging supplier DS Smith said on Tuesday that its performance since the start of the year has been in line with its expectations.
EasyJet's August passenger numbers rise 6%
FTSE 100 listed budget airline easyJet increased passenger numbers by 6. 4% in August, compared to the same month the previous year, as the load factor, the number of passengers as a proportion of the number of seats available, increased by 0. 5%.
London pre-open: Stocks seen higher; housebuilders in focus
London stocks were expected to open higher on Tuesday as traders in the US get back to their desks following the Labor Day Holiday.
Tuesday newspaper round-up: Steel industry, Sainsbury's, Japan investment
Theresa May did not raise concerns about Chinese overproduction of steel, which has been blamed for crippling the British steel industry, in her first meeting with China’s president, Xi Jinping. During a half-hour bilateral on Monday, immediately after the G20 summit in the country, the prime minister avoided the controversial subject that overshadowedXi’s visit to the UK last year at a time when the industry was in crisis. Thousands of workers at Port Talbot and other plants are still facing an uncertain future.