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Bloomsbury delivers 'strong' YTD performance
Publishing house Bloomsbury said on Tuesday that it had delivered a "strong performance" over the first four months of its trading year, in line with recently upgraded expectations.
IntegraFin delivers 'robust' net inflows in Q3
Investment platform operator Integrafin said on Tuesday that it had delivered "robust net inflows and organic growth" in the three months ended 30 June.
London open: Stocks fall as Burberry, Rio Tinto lead the decline
London stocks fell in early trade on Tuesday as investors continued to mull political developments in the US, with Burberry and Rio Tinto on the back foot.
Richemont sales flat as weak China demand weighs on luxury sector
Cartier owner Richemont said sales were flat in the three months to the end of June as it became the latest luxury goods to be hit by a heavy fall in Chinese demand.
Experian Q1 revenues grow, COO steps down
Credit reporting company Experian shares traded lower on Tuesday after the announcement of its chief operating officer's departure offset news that revenues had grown in the three months ended 30 June.
RBC hails growth potential at Domino's Pizza Group
RBC Capital Markets has started coverage of UK-listed Domino's Pizza Group with an 'outperform' rating, hailing the appointment of a new chief executive along with the company's numerous opportunities to drive order growth.
Europe open: Shares lower despite dovish Powell; Hugo Boss tanks
European shares opened lower on Tuesday as investors digested dovish remarks from US Federal Reserve chair Jerome Powell on interest rates, while shares in Hugo Boss fell sharply as the German fashion house cut annual sales guidance.
B&M confident after first-quarter growth
Variety discount retailer B&M European Value Retail reported a 2. 4% increase in group revenue for its first quarter on Tuesday.
Wise Q1 customers, volumes rise as fee cuts continue
Global money transfer service Wise has reported a rise in customer numbers and volumes as it continued to cut transaction fees.
Rio Tinto misses estimates with iron ore shipments in Q2
Mining giant Rio Tinto said it was starting to see a "step-change" in production with output of iron ore, bauxite and aluminium all growing in the second quarter, though iron ore shipments were worse than expected due to a train derailment during the period.
Vanquis Banking to miss FY ROTE target
Vanquis Banking Group warned on Tuesday that it does not expect to meet its FY24 guidance of low single digit return on tangible equity due to additional write-downs.
Spectris buys US materials analysis firm Micromeritics for $630m
Precision measurement tools group Spectris is spending $630m to buy US-based Micromeritics Instrument Corporation to bolster its offering in particle characterisation for advanced materials analysis.
London pre-open: Stocks set for more losses
London stocks were set for more losses on Tuesday despite a positive close on Wall Street.
Ocado interim losses narrow, B&M revenues rise in first quarter
London open The FTSE 100 is expected to open 39 points lower on Tuesday, having closed down 0. 85% on Monday at 8,182. 96.
Tuesday newspaper round-up: Elon Musk, Julian Dunkerton, SSE/TotalEnergies
Elon Musk has said he plans to give $45m a month to a Super Pac focused on electing Donald Trump, starting in July, the Wall Street Journal has reported. The tech billionaire, who endorsed Trump two days ago, has already donated what was described as “a sizable amount” to the America Pac, though the actual amount of the donation will not be made public in election filings until 15 July, Bloomberg reported. – Guardian.