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US retails sales fall in February amid extreme weather conditions
Americans tightened their belts in February as extreme weather conditions weighed on retails sales.
Hammerson to convert former Debenhams flagship into housing, shares rally
Hammerson is seeking to convert a former flagship Debenhams in Leicester into housing.
GlaxoSmithKline and Medicago start Phase 3 clinical testing on plant-derived Covid-19 vaccine candidate
Pharmaceutical giant GlaxoSmithKline said on Tuesday that it has started Phase 3 clinical testing of Medicago's plant-derived Covid-19 vaccine candidate in combination with its own pandemic adjuvant.
IronRidge finds multiple high-grade lithium intersections at Ewoyaa
Africa-focussed minerals exploration company IronRidge Resources reported multiple high-grade lithium pegmatite drill intersections at new targets adjacent to the Ewoyaa Lithium Project on Tuesday.
German investor sentiment improves in March - ZEW
German investor sentiment improved in March, according to the latest survey from the ZEW Center for European Economic Research in Mannheim.
Barclays stays at 'equalweight' on Ultra Electronics, says backlog growth already priced in
Analysts at Barclays stuck to their 'equalweight' recommendation for shares of Ultra Electronics, despite what they termed the defence specialist's "solid" full-year performance across 2020.
Europe midday: Shares push ahead on economic recovery hopes
European stocks pushed ahead at midday on Tuesday as Wall Street rallied overnight, pushing aside concerns over the suspension AstraZeneca's Covid vaccine in several European countries.
London midday: Stocks in the black as sterling weakens
London stocks were still in the black by midday on Tuesday, helped along by a weaker pound.
Computacenter hails record year as pandemic boosts demand
Computacenter reported record full-year profits on Tuesday, after the Covid-19 pandemic saw demand for technology and IT-related services soar.
Games firm Team17 delivers record profit in year of staying home
Video games developer and creative partner Team17 reported revenue growth of 34% in its unaudited final results on Tuesday, to £83m, underpinned by the release of a record number of titles for the company.
Pfizer and BioNTech to accelerate deliveries of Covid-19 vaccines to EU
Pfizer and BioNTech will bring forward some deliveries of their Covid-19 vaccine to the European Union to the second quarter.
Ferguson in $400m share buyback as H1 profits rise
Multinational plumbing and heating products distributor Ferguson reported a rise in half-year profits boosted by US demand and announced a $400m share buyback but also warned of second-half supply chain pressures.
Adjusted earnings soar at Boku, identity division struggles
Mobile payments technology company Boku reported a 107% improvement in adjusted EBITDA in its audited results on Tuesday, to $15. 3m (£11. 04m).
Berenberg initiates coverage on B&M at 'buy'
Analysts at Berenberg initiated coverage on discount retailer B&M at 'buy' on Tuesday, stating that the group had been and appeared set to remain a "Covid-19 beneficiary".
Smart Metering beats expectations for 2020, outlines dividend plan
Smart Metering Systems reported a 6% improvement in its index-linked annualised recurring revenue in 2020 on Tuesday, to £77m.
Asia report: Markets finish firmer ahead of key Fed meeting
Bourses in Asia were higher across the board on Tuesday, as investors held their breath ahead of a key Fed meeting later in the day.
Jefferies upgrades AstraZeneca to 'buy', hikes price target
Jefferies upgraded its stance on shares of AstraZeneca to ‘buy’ from ‘hold’ on Tuesday saying the pharmaceuticals company’s impressive revenue and profit trajectory is compelling relative to EU peers, with improving quality of earnings and cash flow generation set to ease concerns.
Lockdowns dent premiums at Sabre Insurance
Sabre Insurance insisted it was well-positioned for future growth post Covid-19 on Tuesday, despite full-year numbers coming in below forecasts.
Close Brothers H1 operating profits tick up
Merchant banking group Close Brothers said on Tuesday that it had delivered a "strong performance" given the current trading environment, with operating profits ticking up in the six months ended 31 January.
Polypipe FY revenues slump amid Covid-19
Plastics company Polypipe said on Tuesday that full-year revenues had declined in 2020 on impacts felt from the Covid-19 pandemic.