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Markit's US manufacturing PMI hits highest level in a year
Markit’s final manufacturing purchasing managers’ index came in at 53. 4 in October, up from an initial reading 53. 2 and 51. 5 in September.
Wednesday preview: Federal Reserve likely to stand pat on interest rates
With the US presidential election just around the corner, the Federal Reserve is widely expected to keep interest rates unchanged on Wednesday.
Shire slips on third-quarter earnings report
Third-quarter revenues and earnings from Shire were just shy of forecasts, while the drug developer did not raise guidance as some had hoped, due to higher than expected costs from June's acquisition of Baxalta.
European Metals Holdings granted new licence at Cinovec
European Metals Holdings announced on Tuesday that it was granted a new exploration licence at Cinovec III.
FDA grants Priority Review for Novartis' ribociclib
Novartis announced on Tuesday that the US Food and Drug Administration accepted the company's New Drug Application for filing, and granted Priority Review for LEE011 (ribociclib) as first-line treatment of postmenopausal women with hormone-receptor positive, human epidermal growth factor receptor-2 negative advanced or metastatic breast cancer in combination with letrozole.
Value & Income Trust outlines dividend plan as NAV grows
Specialist investment trust Value and Income Trust posted its unaudited half-yearly financial report on Tuesday, for the six months to 30 September - a period in which its share price rose by 11. 6% while the net asset value per share, valuing debt at par, increased by 3. 9%.
Broker tips: Centamin, Ladbrokes Coral, Amec Foster Wheeler
Numis on Tuesday lowered its recommendation on Centamin to ‘hold’ from ‘add’ and left its target price at 170p following the recent rally in the share price.
Conviviality's revenues rise as it performs in line with expectations
Food and drink wholesaler Conviviality revenues increased as it said it is performing in line with market expectations for the year.
New office up-take rises in the southeast, says Knight Frank
New office take-up in South East England increased in the third quarter, which was better than expected, an estate agent said on Tuesday.
Pfizer drops after Q3 numbers; cuts FY earnings guidance
Pfizer shares fell in pre-market trade after the drug maker reported a drop in profit for the third quarter and downgraded its expectations for the full year.
London midday: Stocks rise as investors digest earnings, PMIs
London stocks edged higher on Tuesday as investors weighed corporate earnings and data on UK and Chinese manufacturing.
Europe midday: Stocks waver as central bank meetings eyed
European stocks wavered on Tuesday with jitters creeping in ahead of this week’s central bank meetings, as investors digested earnings from oil heavyweights BP and Shell and encouraging Chinese manufacturing figures.
Apax Global Alpha NAV down slightly in third quarter
Apax Global Alpha posted its quarterly results for the three months to 30 September on Tuesday, with adjusted net asset value slightly down at €889. 6m compared to €894. 4m at 30 June.
Standard Chartered slumps as Q3 profit misses expectations
Asia-focused Standard Chartered slumped after the bank swung to a third-quarter profit, but the numbers missed analysts’ expectations.
Ladbrokes Coral begins at 'overweight' with Morgan Stanley
As Ladbrokes Coral completed its merger and began its first day of trading as a combined entity on Tuesday, analysts gave their initial takes on the stock, which will trade under the ticker LCL.
Sirius Real Estate announces new banking facility
AIM-listed Sirius Real Estate announced the completion of the acquisition of the Wiesbaden business park for €17. 7m and a new banking facility.
PureCircle unveils Gary Juncosa as COO
High-purity stevia ingredients producer PureCircle announced the appointment of Gary Juncosa as chief operating officer on Tuesday, with immediate effect.
Volution falls as Towerbrook sells out
Volution Group saw its share price blown down on Tuesday after US private equity firm Towerbrook Capital announced overnight that would sell 22. 4% of the ventilation products supplier's stock.
US pre-open: Stocks set for slightly higher open
US futures pointed to a slightly firmer open on Wall Street as investors digested the latest manufacturing figures from China and more earnings releases.
Gemfields' Q1 ruby production rises, but emerald falls
Coloured gem stone miner Gemfields' first quarter ruby and corundum production had risen due to increased capacity and efficiency, while emerald production fell.