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US consumer confidence slips in January, Conference Board says
A widely-followed barometre of US consumer confidence cooled at the turn of the year, as expectations were downgraded.
ExxonMobil profit falls in fourth quarter after hefty charges
Oil corporation ExxonMobil saw its quarterly earnings decline by 40% in the last three months of 2016, reflecting a $2bn impairment charge.
Churchill Mining still appealing Kutai decision
Churchill Mining announced on Tuesday that, further to its announcement on 23 December, it was continuing to work with the its solicitors Clifford Chance on a detailed analysis of the award and a review of potential grounds to seek revision or annulment of the award pursuant to section 5 of the ICSID Convention.
Canadian pension fund to buy British lender Hayfin
Canadian pension fund British Columbia Investment Management Corporation (BCIMC) is to buy a majority stake in UK-based lender Hayfin Capital Management for around £215m, according to a report by Sky News.
Broker tips: G4S, Drax, Genel Energy
G4S shares rose on Tuesday as RBC Capital Markets reiterated an ‘outperform’ rating and lifted the target price to 310p from 280p, citing higher medium-term cash flow forecasts.
Trump calls on drug giants to boost US production, lower prices
The new US president called on the main pharmaceuticals firms to boost their production in the US and decrease their prices.
G4S shares lifted as RBC raises target price, reiterates 'outperform'
G4S shares rose on Tuesday as RBC Capital Markets reiterated an ‘outperform’ rating and lifted the target price to 310p from 280p, citing higher medium-term cash flow forecasts.
Chicago PMI unexpectedly drops in January
Economic activity in the Chicago area unexpectedly deteriorated in January.
John Lewis of Hungerford in line after store closures
Manufacturer, designer and retailer of fitted kitchens, kitchen furniture and bedroom furniture, John Lewis of Hungerford, was holding its annual general meeting in Oxfordshire on Tuesday afternoon.
US employment costs slow slightly in fourth quarter
Employment costs in the States slowed slightly over the three months ending in December, as benefit payments decreased.
US house prices unexpectedly gain in November, Case-Shiller shows
House prices in the US unexpectedly rose in November, according to the S&P/Case-Shiller National Home Price Index.
Greencore revenue rises as it progresses with US expansion
Convenience food manufacturer Greencore reported strong first-quarter revenue growth and said its efforts to increase efficiency were offsetting inflation in raw materials, packaging and labour costs.
Revenue up at AIM rookie Oxford Biodynamics
Oxford Biodynamics posted its maiden final results for the year to 30 September on Tuesday, with revenue rising to £1. 1m compared to £0. 7m in the prior year.
CYBG's lending and margins dip but confidence remains strong
CYBG has started its financial year by growing its mortgage book and continuing cost cutting, but investors were disappointed with a slight decline in business lending and net interest margins.
Germany benefiting from grossly undervalued currency, US trade adviser says
Germany is benefiting from a "grossly undervalued" currency, a top trade adviser to US president Donald Trump said, according to reports citing the Financial Times.
Sony to write down $1bn and revise profitability for film division
Entertainment company Sony has written down almost $1bn on its film studio Sony Pictures, in a dramatic revision of its profitability for the coming months.
French presidential candidate investigated over wife's pay
France’s former Prime Minister and current Republican nominee Francois Fillon is under investigation over €500,000 paid to his wife for a so-called fictitious job role.
Wednesday preview: AG Barr expected to reveal improved trading
Soft drinks manufacturer AG Barr is expected to reveal improved trading in the second half on Wednesday following a decline in revenue in the first six months.
Premier Veterinary hits new high as pet plan numbers leap
Premier Veterinary Group has enjoyed a 48% increase in the number of pets on its preventative healthcare programme helped by a 11% leap in the last quarter.