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AG Barr serves up mild improvement amid fizzy market
Irn Bru maker AG Barr nudged annual profits higher as it maintained its market share in a "volatile and uncertain" market.
Segro rights issue 97.8% subscribed
Segro said its one-for-five rights issue had been 97. 8% subscribed and expected the new shares to begin trading on Tuesday.
Premier Foods agrees £32m reduction in pension scheme obligations
Premier Foods said on Tuesday that its pension scheme costs will be £32m lower over the next three financial years than it had outlined in its interim results back in November.
John Lewis to showcase Walker Greenbank's brands at Oxford Street store
AIM-quoted luxury furnishings group Walker Greenbank’s products are to be featured in John Lewis' pop-up shops in Oxford Street, London.
JC Flowers sells 10% stake in OneSavings Bank
Shares in OneSavings Bank fell on Tuesday after private investment firm JC Flowers & Co. sold around 24. 3m shares in the challenger bank, equating to a 10% stake.
Europe open: Fed speakers, oil futures in focus
Stocks on the Continent staged a bounce in early trading, recouping the previous day's losses as investors focused on the speeches from US central bank officials and modest gains in crude oil futures.
Redrow abandons bid for Bovis Homes
Housebuilder Redrow has abandoned its bid for rival Bovis Homes, clearing the path for Galliford Try.
Tough trading conditions sees revenue fall at Nostrum
Independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, Nostrum Oil & Gas, announced its full-year financial results for the 12 months to 31 December on Tuesday, with revenue falling more than $100m to $348. 0m, from $448. 9m.
First Property Group to sell Romanian warehouse for €3.2m
AIM-listed investor First Property Group is to sell a logistics warehouse in Romania for €3. 2m to Aquila Part Prod, the current occupier of the property.
Card Factory revenue rises, hikes dividend
Card Factory’s full year revenue increased as new store openings matured and it hiked its dividend, although it was affected by the overall slump in the retail sector.
United Utilities sees full year results in line with expectations
North West water company United Utilities said current full year trading was in line with expectations with underlying profit forecast to be “moderately higher” than 2015/16.
Tuesday newspaper round-up: Brexit trade deal, credit worries, Tesco, Santander
European diplomats based in the UK say the British government is stepping back from its threat to leave the EU without a trade deal if negotiations break down. In private, say diplomats, UK officials recognise the “havoc” that this would cause, and have come to regret the threat to turn the UK into a deregulated offshore tax haven, implicit in Theresa May’s Lancaster House speech in January, when she warned that “no deal for Britain is better than a bad deal”.
AA swings to post-tax profit as membership actually increases
Vehicle membership services provider AA posted its results for the year to 31 January on Tuesday, with trading revenue up 1. 6% at £940m.
Cobham to raise £512m through rights issue
Aerospace and defence group Cobham confirmed on Tuesday that it plans to raise around £512. 4m through a rights issue as it looks to pay down debt.
Strong demand for Greece keeps Thomas Cook in line, Ladbrokes Coral profit near top end of forecasts
London open.
London pre-open: Stocks seen firmer as focus shifts to Brexit
London stocks were set for a firmer open on Tuesday following a mostly positive Asian session, as Brexit came into focus a day before Prime Minister Theresa May triggers Article 50 to kick off formal divorce proceedings with the European Union.