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ImmuPharma clarifies next steps for phase 3 Lupuzor trial
Specialist drug discovery and development company ImmuPharma updated the market on the new optimised international phase 3 trial of ‘Lupuzor’ in the potentially life-threatening auto-immune disease systemic lupus erythematosus (SLE) on Tuesday.
Northbridge reports ongoing recovery across its markets
Industrial services and rental company Northbridge updated the market on 2020 on Tuesday, reporting that trading in the second half showed a “marked improvement” following the sharp Covid-19-related downturn in the second quarter as lockdowns were introduced in all of its markets.
BP Marsh standing strong after resilient 2020
Early-stage venture capital provider BP Marsh updated the market on trading for the year ended 31 January on Tuesday, reporting that its portfolio of 18 investments had shown resilience, despite the ongoing uncertainty caused by the Covid-19 pandemic.
Liberum lowers target price on SolGold
Analysts at Liberum lowered their target price on mining outfit SolGold from 55. 0p to 39. 0p on Tuesday after the group again delayed publication of a pre-feasibility study.
Spirent Communications rallies on Canaccord upgrade to ‘buy’
Spirent Communications got a boost on Tuesday as Canaccord Genuity upgraded the shares to ‘buy’ from ‘hold’ and upped the price target to 275p from 250p, as it said "growth acceleration" was around the corner.
Robust trade with US helps German exports edge higher
German exports nudged higher in December, helped by strong trade with China and the US, official data showed on Tuesday.
US pre-open: Futures edge lower following record-breaking rally
Wall Street futures were in the red ahead of the bell on Tuesday ahead of more corporate earnings and Donald Trump's second impeachment trial.
Pressure Technologies secures supply contract with Haskel Hydrogen
Engineering group Pressure Technologies has secured a contract with Haskel Hydrogen for the supply of high-pressure steel vessels to be used in its hydrogen refuelling stations.
Europe midday: Listless shares drift lower in muted trade
European shares slipped further into the red by lunchtime on Tuesday as investors booked profits after the rally of recent days.
London midday: Stocks tread water; BRC retail sales in focus
London stocks were still treading water by midday on Tuesday, with online supermarket Ocado in the red after its full-year results.
BofA double upgrades Asos to 'buy'
Analysts at Bank of America sounded a very 'bullish' on shares of Asos, adding them to their 'What's Big Small and Midcap Europe' list as well.
Revenue rises, losses narrow in first half for CAP-XX
Supercapacitor and energy management technology company CAP-XX updated the market on its first half on Tuesday, reporting a 10% improvement in revenue to AUD 2. 1m (£1. 18m).
Water Intelligence sees strong revenue growth in 2020
Water Intelligence said on Tuesday that its revenue grew “strongly” in 2020, by 17% year-on-year to $37. 9m.
Alba pleased with graphite test work results at Amitsoq
Alba Mineral Resources announced the results of the independent test work programme undertaken on graphite material from its high-grade Amitsoq graphite project in southern Greenland on Tuesday, saying the work had confirmed that the graphite content of ore was “very high”, among the highest found in flake graphite deposits globally.
Panthera upbeat on high-grade results from gold sampling
Africa and India-focussed gold exploration and development company Panthera Resources reported “exceptionally” high-grade gold in soil anomalies from the recently-completed sampling programme at its Bido project in Burkina Faso, west Africa on Tuesday.
Online grocery sales surge as lockdown 3.0 bites
British shoppers spent a record £1. 4bn buying groceries online last month, industry data showed on Tuesday, following the introduction of the third national lockdown.
Asia report: Markets mixed as China data points to further recovery
Stock markets in Asia closed in a mixed state on Tuesday, with shares in China leading the risers, after another stellar session on Wall Street overnight.
Huawei CEO would welcome phone call from Biden
Huawei chief executive officer Ren Zhengfei said he’d welcome a phone call from US President Joe Biden with a view to a possible improvement in relations with Washington following the change in administration.
Chinese regulators summon Tesla over quality concerns
Chinese regulators called on Tesla to review quality issues in its electric cars following rapid growth in the company's sales locally and as it ramps up production.
Electrocomponents a 'great' company with 'OK' valuation, says JPMorgan
Electrocomponents rallied on Tuesday as JPMorgan Cazenove upped the stock to ‘overweight’ from ‘neutral’ and hiked the price target to 1,103p from 799p, arguing that it’s a "great" company with an "OK" valuation.