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Wednesday preview: UK CPÎ, euro area CPI in the spotlight
The market spotlight in the middle of the week will shift back towards the UK and the release of the consumer price report for the month of June.
Europe close: Stocks lower but losses limited after positive start on Wall Street
European stocks finished firmly lower on Tuesday, but erased some losses before the close of play following a positive start on Wall Street.
Broker tips: Energean, Auction Technology, Domino's Pizza
Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,565. 0p to 1,305. 0p on Tuesday following the group's disposal of assets in Egypt, Italy and Croatia.
London close: Stocks finish mixed on China demand concerns
London stocks finished with a mixed performance on Tuesday as investors weighed global political and economic risks, with the likes of Rio Tinto and Burberry remaining below the waterline.
Director dealings: N Brown director snaps up shares
N Brown Group revealed on Tuesday that non-executive director Joshua Alliance had acquired 1. 0m ordinary shares in the AIM-listed online retailer.
Upside risks to inflation have increased, says IMF
The International Monetary Fund has lifted its estimate for economic growth next year but warned that inflationary pressures have increased, meaning central banks will likely have to keep interest rates elevated for longer.
Berenberg lowers target price on Energean
Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,565. 0p to 1,305. 0p on Tuesday following the group's disposal of assets in Egypt, Italy and Croatia.
FTSE 100 movers: B&M in the black; Rio Tinto falls on update
London’s FTSE 100 was down 0. 3% at 8,160. 12 in afternoon trade on Tuesday.
FTSE 250 movers: Ocado delivers; Trustpilot stake sale gets a bad review
FTSE 250 (MCX) 21,159. 94 -0. 14% .
US open: Dow Jones up 500 points at the bell
Wall Street stocks were mixed early on Tuesday, with the blue-chip Dow Jones rising to another new high at the open.
Ocado shares surge on guidance upgrade, narrow losses
Shares in Ocado surged on Tuesday after the online grocer and technology company reported narrower interim losses and lifted full-year guidance as revenue grew across all its divisions.
Fintel agrees acquisition of Rayner Spencer Mills Research
Fintech and support service specialist Fintel announced a conditional agreement to acquire Rayner Spencer Mills Research (RSMR), a prominent fund ratings and research agency in the UK, on Tuesday.
Gateley revenue rises, underlying profits narrow slightly
Professional services firm Gateley Holdings reported continued growth and investment in line with its strategic objectives in its full-year audited results on Tuesday.
ITM Power inks capacity reservation with utility provider
ITM Power announced the signing of a capacity reservation agreement with a large utility company on Tuesday, securing future production capacity for its NEPTUNE II units.
Spectra signs $38m manufacturing contract with existing customer
Spectra Systems, a specialist in machine-readable high-speed banknote authentication, brand protection technologies, security printing, and gaming security software, announced the signing of a $37. 9m contract on Tuesday to manufacture sensors for an existing central bank customer.
Cineworld in talks with landlords on UK closures - report
Cineworld has reportedly started talks with UK commercial landlords about plans to shutter up to 25% of its British cinema estate.
US retail sales stagnate in June
Retail sales in the United States were unchanged in June, according to the Census Bureau, in line with economists' expectations.
Tissue Regenix flags first half in line with expectations
Regenerative medical device company Tissue Regenix reported a strong first-half performance in a trading update on Tuesday, in line with its own expectations.
Morgan Stanley Q2 profits surge, wealth management unit disappoints
Morgan Stanley reported better-than-expected quarterly earnings on Tuesday morning on the back of a strong trading and investment banking performance.
RBC Capital starts Auction Technology at ‘sector perform’
RBC Capital Markets started coverage of Auction Technology on Tuesday with a ‘sector perform’ rating and a 540p price target.