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US pre-open: Stocks to inch higher as bond yields retreat
US stock futures were pointing to modest gains on Wall Street as bond yields retreated from recent highs, with indices continuing to rebound after heavy losses last week.
Team17 announces new chair as Chris Bell steps down
Video games label Team17 announced a change in leadership on Tuesday, with Chris Bell, who had been with the company since its initial public offering in 2018 as its non-executive chair, to step down from his position by the end of the year.
UK manufacturing registers sharp decline in August
UK manufacturers have experienced the worst rate of decline in output in nearly three years, according to the CBI's latest Industrial Trends Survey, with volumes falling in 15 out of 17 sub-sectors.
Cake Box LFL sales rise; non-exec chair to step down
Cake Box reported a rise in like-for-like sales on Tuesday as it announced the departure of non-executive chairman Nilesh Sachdev.
Asia report: Stocks rise as US bond yields climb higher
Asia-Pacific stock markets finished mostly positive on Monday, as US 10-year Treasury bonds touched their highest yields in over a decade.
Anexo shares rally on solid H1 growth
Shares in Anexo Group jumped 11% on Tuesday after the company posted strong revenue and profit growth for the first half, and a big reduction in debt.
Gem Diamonds reports decline in carats recovered
Gem Diamonds said in a trading update on Tuesday that throughout the first half, a total of 12 diamonds were sold, each exceeding $1m, bringing in revenue of $21m during the six-month period.
STM pushes back takeover deadline for second time
Shares in AIM-listed STM Group dropped on Tuesday morning after the financial services company once again extended its deadline to agree terms on a takeover by Pension SuperFund (PSF) Capital.
Man Group valuation undemanding after recent sell-off, says Citi
The recent slump in Man Group's share price appears to be overdone, according to Citi, which reiterated its 'buy' rating and lifted its target price for the stock on Tuesday.
Arm files for US initial public offering
SoftBank’s Arm Holdings announced the public filing of a registration statement with the US Securities and Exchange Commission (SEC) overnight, for its proposed initial public offering.
Wise 'hard to match' on price and speed, says Numis
Numis has upgraded its forecasts and retained its 'buy' stance on foreign exchange platform Wise after a stronger-than-expected start to the new financial year.
Lookers first-half profits dip in 'challenging' environment
Car dealership Lookers posted a dip in first-half profit on Tuesday as it highlighted a "challenging" trading environment.
Woodside reports first-half records for production, net profit
Woodside Energy reported a record first-half net profit after tax on Tuesday of $1. 74bn, while its underlying net profit excluding one-off items reached an even higher figure of $1. 9bn.
Europe open: Shares up on Asia rally; Ubisoft gains on Microsoft offer
European shares opened higher on Tuesday after a rally in Asia, while Ubisoft shares jumped after Microsoft submitted a new plan for its planned Activision takeover to appease British competition authorities.
London open: Stocks edge up as investors mull borrowing figures
London stocks edged up in early trade on Tuesday after a mostly firmer session on Wall Street, as investors digested the latest UK borrowing figures.
Seeing Machines beats annual sales forecasts after record Q4
Transport safety software group Seeing Machines said full-year sales jumped by nearly a half after a record performance in its fourth quarter, which saw the number of cars on the road with its technology installed surpass the one-million mark.
London pre-open: Stocks to edge up; borrowing figures in focus
London stocks were set to edge up on Tuesday after a mostly firmer session on Wall Street.
Woodside reports record first-half profits, Wood Group posts better-than-expected earnings
London open The FTSE 100 is expected to open 22 points higher on Tuesday, having closed down 0. 06% on Monday at 7,257. 82.
Tuesday newspaper round-up: Working tenants, Arm, Home Reit
Millions of Britons did not switch on their heating during cold snaps last winter in an attempt to save on their energy bills as the cost of gas and electricity soared. Almost nine in 10 households tried to cut back on their energy usage last winter, while almost half of all British households, or 13m homes, said they did not turn on their heating when it got cold, according to a survey of 4,000 people by the consumer group Which?. – Guardian.
US close: Stocks mixed as investors turn to Jackson Hole
Stocks on Wall Street closed in a mixed fashion on Monday, rebounding somewhat after hitting two-month lows in the prior week.