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SEC Newgate sees FY results in line with expectations
Strategic communications group SEC Newgate provided investors with an update on full-year trading on Tuesday, stating it expects to report results in line with market expectations.
Virgin Money sets aside extra £18m for bad loans; Returns to profit in Q1
Virgin Money said it has aside another £18m in bad loan provisions in the first quarter to deal with the impact of the coronavirus pandemic as it reported a return to profit during the period.
Sector movers: Autos&Parts and Travel names pace gains
Autos&Parts and Travel names were boosted on Tuesday by ongoing hopes that economies would be able to reopen in a few months' time.
FTSE 250 movers: Aston Martin, Travel names pace gains
Stocks on the second-tier index jumped on Tuesday, led by a mix of Autos&Parts and Travel names.
Europe close: Stocks extend rebound as market volatility eases
European shares extended their rebound on Tuesday driven by traders hunting for bargains and gains on Wall Street and Asia.
US close: Stocks extend rally as wave of speculative retail trading subsides
Wall Street stocks closed firmly in the green on Tuesday, with major indices extending yesterday's strong rally.
AstraZeneca Covid-19 vaccine 82% effective, reduces transmission by two thirds
Spacing out the doses of AstraZeneca's Covid-19 vaccine by three months raises their effectiveness to 82%, the results of a new study revealed.
Amazon reaches settlement with US FTC on tips for drivers
US technology giant Amazon has reached a settlement with US regulators regarding charges that it failed to pay its Flex drivers the tips received from customer over the preceding two-and-a-half years.
Richard Branson makes fortune from Reddit traders
Richard Branson added $1. 8bn to his personal wealth in under a month after shares in Virgin Galactic were targeted by traders on Reddit, triggering a surge in their value.
London close: Stocks finish higher on vaccine confidence
London equity markets closed in positive territory on Tuesday, with travel and leisure shares on the rise amid vaccines hopes.
Bumble seeks almost $6bn valuation in US IPO
Dating app Bumble is aiming for a valuation of nearly $6bn in its initial public offering (IPO) on the US market.
Tesla recalls 135,000 vehicles over software failures
Tesla has had to recall 135,000 Model S and Model X over failures regarding its touchscreens.
Tuesday broker round-up
BHP Billiton: Liberum downgrades to sell with a target price of 1,880p.
Broker tips: Asos, Tate & Lyle
Analysts at Berenberg raised their target price on retailer Asos from 6,500. 0p to 6,800. 0p on Tuesday following its acquisition of the Topshop, Topman, Miss Selfridge and HIIT brands a day earlier.
Director dealings: Sthree CFO makes share sale
Sthree revealed on Tuesday that chief financial officer Alex Smith had disposed of 40,685 ordinary shares in the London-listed staffing company.
Vela invests £0.15m in Spinnaker as part of Kanabo reverse takeover
Vela Technologies announced on Tuesday that it has agreed to invest £0. 15m in Spinnaker Opportunities, to be re-named Kanabo Group.
Filtronic revenue falls in first half
Wireless telecoms and critical communications technology company Filtronic reported revenue of £7. 1m in its first half on Tuesday, down from £7. 5m year-on-year.
Spectra Systems kicks off second phase of central bank project
Banknote authentication and brand protection technology company Spectra Systems has executed an agreement with a central bank customer, it announced on Tuesday.
Wentworth Resources upbeat on progress in 2020
Tanzania-focussed natural gas production company Wentworth Resources updated the market on its operations in 2020 on Tuesday, reporting that its share of gross 2P reserves as at 31 December were estimated to be 142. 2 billion cubic feet, or 23. 7 million barrels of oil equivalent, with a post-tax net present value at a 10% discount of $116. 6m.
Uber to buy alcohol delivery service Drizly for $1.1bn
Uber Technologies has agreed to buy alcohol delivery service Drizly for around $1. 1bn in shares and cash.