Latest News
Bridgepoint sells Hobbycraft for undisclosed sum
Fund manager Bridgepoint Capital has disposed of British arts and crafts retailer Hobbycraft to investment group Modella Capital for an undisclosed sum.
Wednesday preview: Fedspeak, Prudential in focus
The economic calendar on Wednesday will be sparse with only a smattering of risk events for investors to keep tabs on.
US close: Stocks inch higher ahead of Nvidia earnings, Dow sets another record
US stocks recovered some lost ground in afternoon trade to close marginally higher, with the Dow Jones Industrial Average eking out another record high, though gains were only modest as investors cautiously awaited the latest earnings report from semiconductor giant Nvidia.
Europe close: Markets mostly higher, luxury stocks fall in Paris
After a brief stint in negative territory, European stocks inched higher on Tuesday with the Stoxx 600 resuming its recent upward trajectory, though gains were only modest.
Broker tips: Bunzl, AB Foods, Flutter
Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
London close: Stocks mixed on return from long weekend
London’s financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Britvic shareholders approve £3.3bn Carslberg takeover
Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.
Director dealings: Kazera Global chairman raises stake
Kazera Global revealed on Tuesday that chairman John Wardle had acquired 9. 5m ordinary shares in the AIM-listed investment company.
US open: Stocks mixed following Dow's record close
Wall Street stocks were mixed early on Tuesday after the Dow Jones registered a fresh record close in the previous session.
FTSE 250 movers: Wizz flies higher; housebuilders fall
London’s FTSE 250 was flat at 21,188. 97 in afternoon trade on Tuesday.
US consumer confidence beats forecasts, but labour market outlook worsens
Consumer confidence in the US rose more than expected this month, but still remained within a narrow range that has prevailed over the past two years.
Protein shake maker Applied Nutrition preparing for London IPO
JD Sports-based Applied Nutrition has confirmed plans for a potential initial public offering in London that could value the sports supplements and protein shake maker at £500m.
FTSE 100 movers: Bunzl surges; housebuilders slump
London’s FTSE 100 was up 0. 3% at 8,354. 72 in afternoon trade on Tuesday.
US home price growth continues to outpace inflation in June
US home price growth continued to outpace inflation in June, according to the S&P/Case Shiller US home price index, rising 0. 4% month-on-month.
Next shop workers win landmark equal pay case
Shop workers at high-street retailer Next won a landmark legal victory on Tuesday, after a six-year battle for equal pay, potentially leading to over £30m in compensation.
Berenberg raises target price on Flutter following 'exceptional' Q2 results
Analysts at Berenberg raised their target price on bookmaker Flutter from 18,600. 0p to 18,800. 0p on Tuesday following the group's "exceptional" second-quarter results.
Jefferies reiterates positive stance on UK housebuilders
Jefferies reiterated its positive stance on UK housebuilders on Tuesday, saying it still sees considerable upside potential to share prices from the improving rate environment and government changes to planning.
Faron Pharmaceuticals candidate gets FDA fast track designation
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced on Tuesday that its lead candidate, bexmarilimab, has been granted fast track designation by the US Food and Drug Administration (FDA), for the treatment of relapsed or refractory myelodysplastic syndrome (r/r MDS) in combination with azacitidine.
US pre-open: Futures lower following Dow's record close
Wall Street futures were in the red ahead of the bell on Tuesday after the Dow Jones registered a fresh record close in the previous session.
Prospex acquires 7.5pc stake in Viura gas field
Prospex Energy, an investment company focused on European gas and power projects, announced the successfully completed acquisition of a 7. 5% stake in Heyco Energy Iberia (HEI) on Tuesday, the majority owner of the Viura gas field in northern Spain.