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Europe open: Shares higher on Wall St rally
European stocks opened higher on Tuesday as Wall Street rallied overnight, pushing aside concerns around the suspension of the AstraZeneca vaccine in some European countries.
AJ Bell appoints Helena Morrissey as chair
Investment platform AJ Bell said on Tuesday that Baroness Helena Morrissey will be appointed chair of the company on 1 July.
Bakkavor maintains strong cash position as revenue, earnings fall
Fresh prepared food producer Bakkavor reported a 4. 9% fall in group revenue in its full-year results on Tuesday, to £1. 79bn, with demand returning to its fresh, convenient foods outside of Covid-19n lockdown restrictions.
Off-trade volume shares underpin C&C through pandemic year
Drinks manufacturer C&C Group reported growth in off-trade volume share for its three core brands in a trading update on Tuesday.
TI Fluid Systems 'resilient' after revenues fall in 2020
Automotive fluid technology company TI Fluid Systems reported “resilience” in its results for 2020 on Tuesday, with revenue falling 15. 9% at constant currency to €2. 82bn (£2. 43bn).
Unite Group reinstates dividend as outlook improves
Unite Group reported EPRA earnings of £97. 3m in its final results for 2020 on Tuesday, down 12% year-on-year, while EPRA earnings per share fell 35% to 25. 5p, in line with the board's expectations.
Just Group earnings surge on solid income growth from new sales
Insurance firm Just Group said on Tuesday that full-year earnings had shot up in 2020 thanks to some solid income growth from new sales and strong in-force profit.
4Imprint profits slump 93% as it takes significant hit from pandemic
4Imprint reported a 93% slump in full-year pre-tax profits on Tuesday as it said 2020 results were "significantly" impacted by the Covid-19 pandemic.
LondonMetric buys two properties for £31.2m
LondonMetric Property said it had bought two warehouses in Milton Keynes for a total of £31. 2m.
Wizz Air slumps as Indigo Partners sells half its stake
Wizz Air was under the cosh on Tuesday after US private equity firm Indigo Partners sold just over 7. 69 million shares in the budget airline in a placing.
Great Portland leases Hanover Square office space
Real estate company Great Portland Estates said its joint venture partner GHS Limited Partnership has let a further 9,000 sq ft of office space at its Hanover Square development in London to Lexington Partners LP.
Sirius buys Essen property for €10.7m
German business park investor Sirius Real Estate said it had bought a property in Essen for €10. 7m.
Greggs swings to first ever annual loss as Covid takes its toll
Greggs swung to an annual loss in 2020 for the first time in its history as its sales were hit by measures related to the Covid-19 pandemic, but the bakery chain - famous for its sausage rolls - said trading so far this year was better than expected.
London open: Stocks rise on solid US cues, amid weaker pound
London stocks rose in early trade on Tuesday, taking their cue from a solid session on Wall Street, while a weaker pound also helped.
Wood Group sets aside $196m to settle bribery cases; Posts FY loss
Oil-sector services company Wood Group swung to a full-year loss, scrapped its dividend and increased provisions to settle bribery cases in the US, UK and Brazil.
Plus500 outlook confident as trading remains strong
Online trading platform Plus500 expressed confidence in its outlook on Tuesday as it said trading in the first quarter of 2021 has remained strong, although monthly trading remains volatile.
US close: Dow Jones and S&P 500 close at new record highs
Wall Street stocks closed higher on Monday, with the Dow Jones and S&P 500 closing at record highs yet again thanks to heightened optimism over the US' economic reopening.
Antofagasta FY profits grow on elevated copper and gold prices
Mining giant Antofagasta said on Tuesday that full-year profits had shot up in 2020 amid elevated copper and gold prices, leading the group to increase its annual dividend.
AstraZeneca increases Covid-19 vaccine doses to US
AstraZeneca said it had amended its existing agreement with the US government to supply up to 500,000 extra doses of its Covid-19 vaccine AZD7442 for $205m.
London pre-open: Stocks seen up on solid US cues
London stocks were set to rise at the open on Tuesday, taking their cue from a solid session on Wall Street.