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Latest News
16 May
Results round-up

Specialist healthcare company BTG reported a drop in full-year pre-tax profit on Tuesday as it said translation benefits from a weaker sterling were offset by hedging losses on forward contracts.

16 May
 water treatment tank
Broker tips: Severn Trent, United Utilities, Countryside Properties, Lloyds

Deutsche Bank downgraded its recommendation on shares of United Utilities and Severn Trent ahead of the 2019 price review.

16 May
Lloyds Banking Group London head office, banks, City
Investec reiterates buy on Lloyds, says plenty more yet to come

Analysts at Investec reiterated their 'buy' stance on shares of Lloyds ahead of the state's expected full exit from the lender later in the week.

16 May
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Deutsche Bank downgrades United Utilities and Severn Trent to hold from buy

Deutsche Bank downgraded its recommendations on shares of United Utilities and Severn Trent ahead of the 2019 price review.

16 May
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CPI inflation spikes to highest rate since 2013

UK inflation is spiking higher than expected, with official data on Tuesday showing consumer prices rising well above the Bank of England's 2% target and at their fastest in three and a half years.

16 May
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Anglo African Oil & Gas updates on well TLP-102

Anglo African Oil & Gas said the workover and wireline equipment for the reperforation and acidisation of the R2 reservoir in well TLP-102 was mobilised to site on 15 May.

16 May
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US industrial production speeds ahead in April on increased auto output

Industrial production shot ahead in April as carmakers ramped up amid steady growth in mining, with manufacturing output accelerating to its fastest pace since February 2014.

16 May
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Trump criticised after reportedly sharing classified info with Russia

US President Donald Trump reportedly shared classified information about Islamic State with senior Russian officials, though the White House quickly denied the allegations.

16 May
housing, construction, building
Surprise fall in US housing starts and permits for April

US housing starts fell unexpectedly at the start of the year, possibly due to the shift in the timing of Easter and the passing of unusually warm fall and winter weather.

16 May
Countryside Properties trading at unjustified discount, Berenberg says, starts at buy

Berenberg initiated coverage of Countryside Properties at a 'buy' ahead of an expected announcement by management to ramp up the business.

16 May
Avon Rubber, gas masks, protection, defence, fire
Avon Rubber's shares rise as H1 revenue, profit, dividend improve

Shares in Avon Rubber rose more than 4% as investors liked its improved revenue, pre-tax profit and dividend for the half year.

16 May
London Stock Exchange AIM LSE shares
London midday: FTSE 100 breaches 7,500 for first time; UK inflation spikes

The FTSE 100 had extended gains by midday on Tuesday as the pound fell back after a brief pop higher on news that UK inflation spiked to its highest level since 2013 in April.

16 May
gold
Greatland Gold's shares surge on Ernest Giles project agreement

Shares in Greatland Gold gained almost 30% as it entered into an agreement with Newmont Exploration Pty Ltd (Newmont) regarding the former's 100%-owned Ernest Giles gold project.

16 May
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Zegona sells Teletable in €701m cash, shares deal to Euskaltel

Zegona Communications has sold Spanish cable business Teletable to Euskaltel for a total of €701m.

16 May
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Europe midday: All eyes on White House after allegations Trump shared secrets with Russia

Another move higher in the European single currency is weighing modestly on stocks amid newspaper headlines in the States alleging that US president Donald Trump shared intelligence secrets with visiting Russian diplomats.

16 May
countryside, house, housing
Land Registry confirms UK house prices falling

UK house prices are falling, official data confirmed on Tuesday, and are likely to continue doing as the housing market is hit by a softening consumer environment and sterling volatility that erodes the appeal for overseas investors.

16 May
asos fashion clothing halloween
ASOS says warehouse fire may have damaged £6.3m worth of stock

A fire that broke out at ASOS's distribution centre outside Berlin in the early hours of Tuesday morning may have damaged around £6. 3m worth of stock.

16 May
bandera holanda netherlands dutch holland
Dutch coalition talks break down as parties argue about migration

Coalition discussions in the Netherlands have broken down after four parties could not agree a stance on migration following March's election.

16 May
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Tuesday broker round-up

United Utilities: Deutsche Bank downgrades to Hold with a target price of 1050p.