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Wednesday preview: US, UK CPI in the spotlight
The cost of living in the States is expected to have slipped again last month, but investors are keen to know by just how much.
US close: Stocks register solid gains following PPI reading
Wall Street stocks closed sharply higher on Tuesday as market participants got their first taste of this week's key inflation numbers.
Flutter Entertainments lifts FY guidance after stronger-than-expected Q2
Flutter Entertainment lifted its full-year guidance on Tuesday after a better-than-expected second-quarter performance.
Broker tips: Hikma, Admiral, Bridgepoint
Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000. 0p to 2,100. 0p on Tuesday following an "impressive" H1 performance.
London close: Stocks finish positive ahead of key inflation data
London stocks closed higher on Tuesday, as investors digested the latest UK jobs data and anticipated upcoming inflation reports from both the UK and the US.
Europe close: Stocks trade higher following US inflation data
European stocks closed higher on Tuesday following better-than-expected inflation data Stateside.
Director dealings: First Tin chairman raises stake
First Tin revealed on Tuesday that chairman Charles Brookes had acquired 360,000 ordinary shares in the tin development company.
US open: Stocks higher following PPI reading
Wall Street stocks were in the green early on Tuesday as market participants got their first look at this week's key inflation numbers.
Bluejay launches exploration campaign at Outokumpu
Bluejay Mining announced the launch of its inaugural exploration campaign focused on identifying significant deposits of geological hydrogen and helium in the Outokumpu Belt in Finland on Tuesday.
FTSE 250 movers: Just Group surges; Crest Nicholson tumbles
London’s FTSE 250 was up 0. 2% at 20,713. 96 in afternoon trade on Tuesday.
FTSE 100 movers: Sainsbury's shoots higher; Flutter falls before results
London’s FTSE 100 was flat at 8,214. 33 in afternoon trade on Tuesday.
Light Science Technologies secures order from Richel
Light Science Technologies said on Tuesday that it had received an order from Richel, an agronomic solutions specialist, for its CEA nurturGROW lighting.
US PPI growth comes in cooler than expected
US producer prices rose by less than expected in July, according to the Bureau of Labor Statistics.
Home Depot cuts full-year sales outlook
Home Depot cut its full-year sales outlook on Tuesday as it said higher interest rates and macroeconomic uncertainty were putting pressure on consumer demand.
Crest Nicholson slides as Bellway abandons takeover bid
Crest Nicholson tumbled on Tuesday after Bellway said it was not planning to make an offer for its housebuilding rival.
Chipotle CEO Brian Niccol to take the reins at Starbucks
Starbucks announced the appointment of Brian Niccol as its new chairman and chief executive officer on Tuesday, effective 9 September.
JPMorgan upgrades Bridgepoint to ‘overweight’
JPMorgan Cazenove upgraded Bridgepoint on Tuesday to ‘overweight’ from ‘neutral’ as it took a look at European private markets asset managers.
US pre-open: Stocks mixed ahead of key inflation data
Wall Street futures were mixed ahead of the bell on Tuesday as market participants looked ahead to the release of key inflation data over the next few days.
Grocery price inflation rises for first time since March 2023
Grocery price inflation in the UK has risen for the first time since March last year, according to fresh data from Kantar on Tuesday.
Accesso announces passing of CFO Fern MacDonald
Accesso Technology Group announced the passing of its chief financial officer Fern MacDonald on Tuesday, after a battle with cancer.