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Toshiba future at risk after $4.8bn loss, lack of auditor sign-off
Japanese electronics firm Toshiba has increased doubts about its future after the release of its twice-delayed quarterly results on Tuesday, which were posted without the aproval of the company’s auditors.
XP Power on track for in-line full year after good start to 2017
XP Power says it is on track to perform in line with its full-year outlook, after making a good start to the financial year.
Strong Lufthansa traffic numbers lift IAG, Easyjet
Strong traffic figures from Deutsche Lufthansa lifted its shares and helped boost those of rivals including British Airways owner International Consolidated Airlines.
Chamberlin anticipates FY results in keeping with market forecasts
Specialist castings and engineering group Chamberlin anticipates its full-year results will be in keeping with current market forecasts, with a strengthened performance in the second half.
Franchise Brands completes £28m Metro Rod acquisition
AIM-listed Franchise Brands’ £28m acquisition of Metro Rod, a drainage clearance and maintenance company, completed on Tuesday.
Iofina shares up on performing well in Q1 despite challenges
Shares in Iofina rose almost 5% after it said it performed well in its first quarter despite facing some challenges.
Broker tips: Dialog Semiconductor, Balfour Beatty, SSE, oil and gas companies
Shares in Apple supplier Dialog Semiconductor tanked on Tuesday after German private bank Bankhaus Lampe cut its rating on the stock to 'sell' from 'hold'.
Carclo's shares ahead on news of in-line full-year trading
Global supplier of technical plastics products Carclo's shares rose more than 7% as it reported good growth delivery for the full year, and said trading was in line with the board's expectations.
Qualcomm goes on offensive against Apple in legal dispute
Apple has been hit with a billion-dollar legal case from chip-maker Qualcomm just months after the tech giant launched proceedings against the same firm.
RetailMeNot rockets on Harland Clarke deal
Shares in RetailMeNot rocketed in pre-market trade after the coupons website said late on Monday that it has agreed to be bought by payments solutions and marketing services company Harland Clarke Holdings for $11. 60 per share in cash.
London midday: Stocks push higher as investors mull inflation data
London stocks hit a hit a three-week high just before midday on Tuesday, while the pound briefly popped up following the release of in-line inflation data.
BHP Billiton activist's changes need to pass Australian 'national interest test'
Australia's Treasury department has warned that any of the major changes to BHP Billiton's corporate structure proposed by activist fund Elliott Management would need to be in the country's national interest.
UK inflation holds steady at 2.3pc due to delayed Easter effect
UK inflation eased slightly on a monthly basis in March but remained above the Bank Of England’s 2% target rate for a second month, with a rise in food prices offset by lower air fares due to a later Easter this year.
Immedia posts FY loss, upbeat on AVC Media Enterprises acquisition benefits
Shares in Immedia are down more than 7% after it reversed to a full-year pre-tax loss of £184,372, from a previous profit of £5379, but was upbeat on the benefits of its AVC Media Enterprises acquisition last year.
US pre-open: Stocks seen muted as geopolitical tensions simmer
US futures pointed to a muted open on Tuesday ahead of some key bank earnings later in the week, with geopolitical tensions never far from investors' minds.
Hummingbird Resources agrees up to $60m facility with Coris Bank International
Hummingbird Resources' shares are up more than 3% after it agreed an up to $60m senior secured term facility with Coris Bank International Group to be drawn in instalments as required.
Weak euro area industrial production for February leaves economists divided
Euro area industrial production registered an unexpected decline in February as energy output shrank rapidly, leaving economists a tad divided on the outlook.
Avesoro Resources reports Q1 improvement in mining and processing operations
West African gold producer Avesoro Resources' shares are up more than 5% after it said its first-quarter saw continued improvement in both mining and processing operations as management continue the turnaround in operations at New Liberty.
Future says FY expectations unchanged with overall positive trading year-to-date
Shares in Future are up almost 1% as it said overall year-to-date trading has been positive and that its first-half and full-year expectations are unchanged.
Independent Oil & Gas to buy Thames pipeline in North Sea
Independent Oil & Gas is to buy the recently decommissioned Thames gas pipeline in the southern North Sea from Perenco UK, Tullow Oil SK and Centrica Resources, for a “nominal consideration”, subject to regulatory consent.