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London midday: Stocks nudge lower as pound spikes on inflation data
Stocks in London nudged a touch lower, while the pound popped higher as data revealed that UK inflation overshot the Bank of England's 2% target in February for the first time in more than three years.
StratMin acquisition of Signature Gold a step closer
StratMin Global Resources’ acquisition of Signature Gold was one step closer on Tuesday, with shareholders in Signature being notified of the proposal.
Wednesday preview: Kingfisher, Savills numbers in focus
Wednesday's macroeconomic calendar was looking a little bare, particularly after all the excitement of UK inflation data, but on the corporate front, investors will eye the release of preliminary full-year results from estate agent Savills and full-year numbers from Kingfisher.
Tuesday broker round-up
Tullow Oil: Deutsche Bank upgrades to Buy with a target price of 330p.
FTSE 100 movers: Bunzl rallies on Barclays upgrade; BHP, Rio slip
London's FTSE 100 was down 0. 3% to 7,411. 29 in afternoon trade after data from the ONS showed UK inflation overshot the Bank of England's 2% target in February for the first time in more than three years.
XLMedia's Dau-Up becomes Instagram partner
Shares in XLMedia nudged 1. 34% higher after it confirmed subsidiary Dau-Up had been granted official status as an Instagram partner, specialising in advertising technology.
US current account deficit shrinks in the fourth quarter of 2016
America's current account shortfall shrank at the end of 2016 on an increase in receipts from investments made abroad.
Tertiary Minerals sells Finland gold assets for £100,000
AIM-listed explorer Tertiary Minerals has completed the sale of its non-core gold assets in Finland for £100,000 to Aurion Resources, a Canadian precious metals miner.
FTSE 250 movers: Hastings jumps on upgrade, but Berendsen slumps
London's FTSE 250 was down 0. 2% to 19,118. 29 in afternoon trade as investors digested news that UK inflation overshot the Bank of England's 2% target in February for the first time in more than three years.
mporium Group raises £3.05m for product roll-out
Shares in mporium Group are up almost 2% after it confirmed its placing had successfully raised £3. 05m before expenses to continue with its roll-out of the Impact and Insights products.
Google vows to combat 'derogatory content' after client withdrawals
Alphabet-owned Google has promised to take action in order to stem the flow of "hateful, offensive and derogatory content" which led to the withdrawal of several high-profile advertising clients last week.
Results round-up: Bellway, Vectura
Bellway hoisted its interim dividend 10% as the housebuilder enjoyed continued strong demand in the first half and maintained its targets for the full year as the second half got off to a strong start to the spring selling season.
Smart Metering Systems boosts profit, dividend in transformative year
Smart Metering Systems has lifted its full-year pre-tax profit and dividend after what it styled as a transformative year for the company.
Vectura recurring revenues rise following inhaler launches
Vectura, a maker of inhaled airways products, reported that revenue grew last year on the back of recently launched products, but its loss before tax widened due to one-off charges from its merger with Skyepharma.
Stock write-down sees Pittards swing to loss
Specialist producer of technically advanced leather and luxury leather goods Pittards announced its results for the year to 31 December on Tuesday, with revenue falling to £27. 0m from £30. 5m in the prior year.
Limitless Earth invests more in waste-to-porcelain firm Saxa Gres
Investment company Limitless Earth announced on Tuesday that it made a further investment in Saxa Gres, a private Italian company focussed on recycling industrial waste into the production of porcelain stoneware tiles.
Goldman Sachs to move 'hundreds' of workers from London in pre-Brexit contingency
Goldman Sachs is reportedly planning to move hundreds of its people out of London in a pre-Brexit contingency scheme, with the announcement coming as Downing St confirmed UK-EU divorce talks would be triggered later this month.
Bahamas Petroleum gets extension to southern licence obligations
Oil and gas exploration company Bahamas Petroleum Company updated the market on its activities on Tuesday, including a licence extension to its southern licences.
Green could receive £15m refund from BHS pension deal - MPs
Philip Green could get back up to £15m of his £363m payment into the pension scheme of collapsed retailer BHS, MPs said on Tuesday.
FBI director Comey confirms investigation into Trump ties with Russia
Head of the Federal Bureau of Investigation James Comey confirmed that an probe into possible links between President Donald Trump’s election campaign and the Kremlin is ongoing.