Latest News
FTSE 100 movers: Gold stocks shine; Convatec slumps on placing
London's FTSE 100 was down 0. 1% to 7,514. 94 in afternoon trade as investors digested polls suggesting the Tory lead over Labour has narrowed further.
Citi reiterates buy for Reckitt Benckiser, hails unique asset mix
Citi reiterated its 'buy' recommendation and target price on shares of Reckitt Benckiser, telling clients it saw potential for double digit earnings per share growth over 2018 to 2020.
Convatec slumps as private equity groups sell GBP805m of shares
Nordic Capital and Avista Capital Holdings have sold 250m shares in medical technology company Convatec at 322p per share, raising gross proceeds of £805m.
London midday: Stocks flat as election looms; Convatec slumps
London stocks were little changed by midday as the pound ticked up, with just two days to go until the general election.
Support for Macron slips ahead of legislative elections, but still strong
France's new centrist party may win the upcoming legislative elections by the widest margin since Charles de Gaulle's landslide victory in 1968.
Vodafone cracks down on fake news advertising
Telecom company Vodafone said on Tuesday that it was introducing measures to combat the spread of fake news and hate speech related to its advertising content.
Asia report: Markets finish mixed after Wall Street losses
Markets in Asia finished mixed on Tuesday, taking their cue from a lower close on Wall Street, as traders reacted to the news that diplomatic relations were breaking down in the Middle East between Qatar and some of its neighbours.
HSBC downgrades Burberry, laments lack of topline growth
Analysts at HSBC downgraded their recommendation on shares of Burberry Group from 'hold' to 'reduce', telling clients the company would continue to underperform its peers for longer than the market was expecting.
Europe midday: Gold in demand as investors play it safe
Investors remained in a cautious mood amid a dearth of fresh economic data and ahead of the week's main risk events, on Thursday.
Polls show further tightening ahead of Thursday's UK election
Theresa May's Conservatives are likely to fall short of a parliamentary majority in Thursday's general election, according to the latest opinion polls.
UK security funding row escalates after London attacks
Embattled UK Prime Minister Theresa May was still fending off criticism of cuts to policing numbers during her stint as Home Secretary as it emerged one of the London Bridge killers had been reported for his extremist views.
US pre-open: Stocks seen lower as investors eye Comey testimony
US futures pointed to a slightly weaker open on Wall Street on Tuesday amid growing geopolitical concerns and ahead of a testimony to the Senate panel by former FBI boss James Comey later in the week.
Canaccord downgrades Genel Energy, cautious after founder announces exit
Analysts at Canaccord Genuity downgraded their recommendation on shares of Genel Energy following the recent string of top level management exiting the firm, especially those announced the day before.
Europe open: Stocks held back as investors play it cautious
European equity markets have begun the morning drifting slightly lower as investors keep their cards close to their chests ahead of several key risks events later in the week.
Ascent Resources making solid progress in Slovenia
Europe-focussed oil and gas exploration and production company Ascent Resources updated the market on progress with its Petišovci project in Slovenia on Tuesday, reporting that the downhole portion of the operations to prepare well Pg-11A to produce and sell gas was expected to finish in the next seven days.
Marshall Motor buys Leeds Volvo, sells vacant site
Automotive retail and leasing group Marshall Motor Holdings updated the market on its ongoing portfolio management on Tuesday, which it said was in line with its strategy of driving “class leading returns” and strategic growth with existing brand partners in new geographic territories.
Civitas acquires six Southampton supported living properties
Civitas Social Housing announced on Tuesday that, as part of its ongoing investment programme, it had completed the purchase of a portfolio of regulated social housing for a total consideration of £2m, comprising the freehold interest in six supported living properties with 12 tenancies in Southampton.
John Laing Environmental buys four more solar parks
Listed environmental infrastructure fund John Laing Environmental Assets Group announced the acquisition of the CSGH Solar Portfolio for a total consideration, including working capital, of £12. 2m on Tuesday.
Essentra divests Bristol consumer packaging site to Broomco
Packaging and filter products producer Essentra has divested its consumer packaging site in Bristol to Broomco, an affiliate of Euro Packaging, for an undisclosed sum.