Latest News
House price growth slowing, official figures show
More evidence emerged of a slow down in house price growth as official figures, which lag similar data produced by lenders, confirmed a levelling off in September that was rather unexpected.
Avation accepts new Airbus A321s, considers ATR sale
Commercial passenger aircraft leasing company Avation was holding its annual general meeting on Tuesday, with executive chairman Jeff Chatfield updating investors on the organisation’s recent trading.
Waterman wins contract with MoD
Waterman, an engineering and environmental consultancy, has announced its appointment to the Ministry of Defence’s Army Basing programme (ABP).
Home Depot reports better-than-expected sales in Q3
The biggest DIY outfit in the United States, Home Depot, has published its third quarter results for 2016, showing profits and sales which were better than expected by analysts.
Tullett Prebon gets FCA approval for ICAP deal
FTSE 250 interdealer broker Tullett Prebon has received approval from the Financial Conduct Authority for its acquisition of ICAP’s hybrid voice broking and information business.
Tuesday broker round-up
Dairy Crest: Jefferies downgrades to underperform with a target price of 500p.
Europe midday: Stocks flat as oil gains but German GDP misses expectations
European equity markets wavered as oil prices rose and German investor confidence improved, but growth figures for Europe's largest economy fell short of expectations.
Polypipe's revenues rise, no adverse impact from EU referendum
Plastic piping systems manufacturer Polypipe’s revenues were up, as the EU referendum did not have an adverse affect on sales and orders, while it anticipates it will meet full-year expectations.
Hikma gets shot in arm from Morgan Stanley upgrade
Hikma Pharmaceuticals got a shot in the arm on Tuesday as Morgan Stanley upped the stock to ‘overweight’ from ‘equalweight’ pointing to increased confidence in the pipeline and an attractive valuation.
Google will remove ads from fake news sites, Facebook follows suit
US tech giants Google and Facebook have both pledged to pull advertising from news sites which publish fake content, after criticism of misinformation surrounding the reporting of the US election.
Vela Technologies confirms THEVIBE Ltd raises c.£600,000
Vela Technologies has confirmed that THEVIBE Ltd's funding round via Crowdcube funding has raising a total of £608,890. THEVIBE Ltd trades as Vibe Tickets.
London midday: Stocks in the black as pound drops on inflation data
Stocks in London were on the front foot by midday as the pound slid back against the dollar after data showed consumer prices unexpectedly dropped in October.
McKay Securities swings to loss amid market uncertainty
London and South East-focused real estate investment trust McKay Securities announced its half year results for the six months to 30 September on Tuesday, with adjusted profit before tax up 11. 8% to £4. 42m compared to the same period last year.
Midatech Pharma chooses MTR104 for liver cancer treatment
International speciality pharmaceutical company Midatech Pharma has selected its candidate compound MTR104 to take into a formal IND-enabling programme during 2017.
Dolphin Capital leaps as it sells Dominican Republic resort for €64m
Dolphin Capital, a residential resort investor, has agreed to sell its Playa Grande Golf and Resort project, including the Amanera resort, in the Dominican Republic for €64m to Third Point, the AIM-listed company's largest shareholder, which is acting on behalf of certain funds.
UIL sells 230k 2020 ZDP shares
UIL announced that on 14 November, it sold in the market 233,893 2020 ZDP shares issued by its subsidiary, UIL Finance, at a price of 133p per 2020 ZDP share.
UK inflation stalls as retailers not reflecting higher inputs, ONS finds
UK inflation unexpectedly shrank in October, according to official figures published on Tuesday, as a large jump in producer input prices was not yet being reflected on the high street.
PipeHawk posts wider FY pre-tax loss
PipeHawk said it has posted a wider full-year pre-tax loss of £1. 02m, from a loss of £753,000. Revenue was higher at £4. 8m, from £4. 6m, in what the company described as a "very challenging" year.
Leaked Cabinet Office memo says UK has no plan for Brexit
There is no overall UK plan for Brexit, an extra 30,000 civil servants are needed to manage the process, and Whitehall is struggling to manage with demands of the country’s divorce from the EU, according to a leaked Cabinet Office memo.
Anglo American's ninth diamond sale shows fall
Mining company Anglo American announced that the value of rough diamond sales for De Beers’ ninth sales cycle of 2016 fell to $470m from $494m in the previous cycle.