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Grafenia warns FY earnings will likely be significantly behind market views
Shares in Grafenia fell by almost a fifth as it confessed to a cautious outlook and warned its full-year earnings would likely be significantly behind market views.
Dotdigital revenue rises in first half
Digital marketing software-as-a-service and managed services provider dotdigital Group announced its results for the six months to 31 December on Tuesday, with revenue from operations up 17% to £15. 0m, from £12. 9m.
World's largest sailing yacht impounded in Gibraltar over reported £12m unpaid bill
The world’s largest sailing yacht has been impounded in Gibraltar over claims that its billionaire Russian owner owes the shipbuilder £13. 3m, media reported on Tuesday.
Airea's shares fall on cautious commentary accompanying H1 profit
Shares in Airea are down more than 12% as its improved first-half pre-tax profit came with news of project delays, input price pressure, demand uncertainty and a rising pension deficit.
US pre-open: Stocks seen slightly higher ahead of earnings, PMIs
US futures pointed to a slightly firmer start on Wall Street as investors awaited data on the services and manufacturing sectors and more earnings releases.
Apple argues Brussels acted beyond its authority in Ireland tax case
US tech giant Apple has accused the European Commission of making 'fundamental errors' in its ruling that the company should repay the Irish government €13bn in unpaid taxes.
Hammond under pressure from Tory MPs over business rates
UK Chancellor Philip Hammond was under pressure over changes to business rates which have caused anger among small firms and members of his own party, the Guardian reported, citing unnamed Treasury sources.
Asia report: Markets take a breather from DC news frenzy
Asian markets were mixed on Tuesday, with many investors seemingly counting on the Trump administration across the Pacific to provide some positive momentum as they struggled to find direction locally.
Lighthouse Group profits shine as sunset clause offset
Independent financial adviser group Lighthouse delivered a strong set of annual results as it generated higher revenue per adviser and the revenue mix shifted towards higher margin divisions.
InterContinental Hotels profit up, to return $400m to shareholders
InterContinental Hotels Group posted a jump in full-year operating profit on Tuesday as it said it will return $400m to shareholders via a special dividend and share consolidation.
UK public sector borrowing in £9.4bn surplus last month
UK public sector net borrowing was in surplus by £9. 4bn in January – a key month for income tax receipts – up a touch from £9. 1bn in the same month a year ago.
GoTech in talks with NHS over 'skills2achieve' product
Sports and wellbeing focused technology company GoTech Group announced on Tuesday that it remained in discussions with the National Health Service, which was looking to support a potential pilot with around 200 schools nationwide to assess the impact of the ‘skills2achieve’ product in the health education of four-to-11 year olds in the fight against childhood obesity.
Bacanora Minerals to buy 50% stake in German lithium project
AIM-listed miner Bacanora Minerals is to buy a 50% stake in, and gain joint operational control of, the Zinnwald lithium project in Germany from SolarWorld for an initial €5m that could rise to €40m.
Trakm8 warns on profits but outlook 'remains very positive'
Trakm8 has warned annual operating profits will be "significantly" below the prior year, as it endures delays to new revenues coming on stream as its shifting revenue model towards more software-as-a-service and rental revenue continues to weigh on finances in the short term.
HSBC downgrades Bodycote to 'hold' on valuation
HSBC has downgraded Bodycote to ‘hold’ from ‘buy’ with an unchanged target price of 675p ahead of the metal-treating specialist’s 2016 results, as it believes its stock is currently fairly valued.
AFH Financial Group buys Devon-based financial management company for £1.4m
Wealth manager AFH Financial Group has bought Devon-based Bay Financial Management, for up to £1. 4m to strengthen the company’s presence in the south west of England.
Macron still ahead of Le Pen in voter intention, Ipsos poll shows
Ex-French economy minister Emmanuel Macron's lead over far-right rival Marine Le Pen widened according to the latest poll result from Ipsos Fiducial.
GLI Finance plans SME Loan Fund sale
GLI Finance said it was looking at selling its stake in the SME Loan Fund for slight discount in order to repay a £14. 86m syndicated loan that matures on 15 March.
Eurozone business activity jumps in February
The pace of economic activity in the eurozone unexpectedly improved in February, nearing a six-year high, according to data released on Tuesday.
French CPI gains fall short of forecasts in January
The cost of living in France jumped in January amid strong gains for both food and energy prices but outside of those areas consumer price increases were subdued, economists said.