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Oxford Instruments shares jump on profit beat, restructure plan
Shares in Oxford Instruments surged on Tuesday after the industrial and scientific research tech group announced plans to simplify its corporate structure alongside full-year profits that came in ahead of expectations.
GSK launches appeal to recent Zantac ruling
GSK has started the process of appealing a recent decision by the Delaware Superior Court regarding the ongoing Zantac, or ranitidine, litigation, it announced on Tuesday.
FirstGroup hikes dividend as profits surge, but sees challenges ahead
Bus and train operator FirstGroup hiked its dividend by 45% after a substantial jump in annual profits, despite revenues slipping slightly over the year.
UK wages grow faster than expected
Wages grew faster than expected in the three months to April, according to figures released on Tuesday by the Office for National Statistics, dashing hopes of a rate cut this summer.
London pre-open: Stocks seen flat as investors mull jobs data
London stocks were set for a flat open on Tuesday as investors mulled the latest UK jobs data.
Senior wins 10-year contracts with Collins, GSK to appeal Zantac ruling
London open The FTSE 100 is expected to open 36 points higher on Tuesday, having closed down 0. 2% on Monday at 8,228. 48.
Tuesday newspaper round-up: Asda, Apple, Elon Musk
One in three Asda staff have been attacked at work, according to research that included reports of workers being stabbed, punched and threatened with syringes. The poll of almost 1,000 members of GMB, one of the UK’s biggest unions, returned stories of delivery drivers being chased by people in cars, while store workers had food thrown at them. More than half (58%) of respondents said they had suffered injury or illness on the job. – Guardian.
Senior wins $80m parts contracts from Collins Aerospace
Aircraft and defence engineering specialist Senior said it had won 10-year production contracts worth $80m from Collins Aerospace to supply thrust reverser structural components for Boeing 787, Airbus A320neo and Airbus A220 aircraft.
Sector movers: Oil majors catch a bid after nearly a month of share price declines
Oil & Gas shares caught a bid on Monday, tracking a rebound in oil prices after about two month's of losses, despite strength in the Greenback.
US close: Stocks manage small gains on quiet Monday
Stocks on Wall Street showed modest gains on Monday, reflecting cautious optimism despite heightened political uncertainty following French President Emmanuel Macron's announcement of snap parliamentary elections.