Market Pulse
Great Western Mining highlights positive M1 soil sampling results
Great Western Mining said soil samples carried out on its M1 prospect in the US revealed widespread anomalous mineralisation, with a high reading for copper of 2,467 parts per million, and a gold reading of up to 248 parts per billion spread over a large area.
FTSE 250 movers: Greggs surges on strong update; Acacia tumbles as output disappoints
London’s FTSE 250 index was flat at 17,111. 00 at 1400 BST, as investors took a breather following healthy gains in the previous session.
Greggs surges as it serves up better-than-expected sales
Bakery chain Greggs surged on Tuesday after it said sales in the third 13 weeks to October were slightly better than it had expected, adding that full-year results will likely be ahead of previous guidance.
US trade deficit jumps in August
The US trade deficit surged in August, as a strong dollar kept exports to three-year low, data released on Tuesday showed.
FCA launches new rules to encourage whistleblowing
The Financial Conduct Authority has launched new rules to encourage more whistleblowing at UK firms.
Volkswagen to slash non-essential projects
Volkswagen AG will delay or cancel any projects it considers non-essential, Bloomberg reported on Tuesday.
Software Radio expects to post first-half loss
Software Radio Technology expects to report a first-half pre-tax loss as its revenues this year are weighted towards the second half due to market demand timing driven by mandates and projects in the US, Middle East and Asia.
Tuesday newspaper share tips: What to make of the Lloyds share offer
The government’s share offer of Lloyds Banking Group shares may seem attractive with a 5% discount off the market price and a promise of bonus shares. But what did the newspaper pundits make of the deal?.
SABMiller reportedly rejects informal offer from AB InBev
SABMiller has reportedly rejected an informal takeover offer from Anheuser-Busch InBev that it considered too low.
London midday: Stocks fall as Citigroup cuts FTSE 100 year-end target
London stocks fell as Citigroup cut its 2015 year-end target for the FTSE 100 to 6900 from 7400 following downgrades to economic growth and the rising risk from China.
Europe midday: Stocks reverse course to trade higher as investors sift through data
European stocks edged higher on Tuesday as investors mulled over a series of data releases amid expectations that central banks will continue with their accommodative monetary policies.
Asia: Equities rally as expectation for further stimulus in Japan mounts
Asian stocks rallied on Tuesday, boosted by news that the Bank of Japan might further loosen its monetary policy this week.
US pre-open: Futures edge lower as rally eases up ahead of earnings season
US stock futures slid on Tuesday, as the recent rally looked to ease up a little ahead of the third quarter earnings season.
Strong response to Lloyds share offer on first day
Treasury sources have revealed 62,500 people have registered their interest in the government’s Lloyds Banking Group share offer, Sky News reported.
Eurozone retail PMI remains in positive territory in September
Retail sales in the Eurozone grew for the fifth consecutive month in September, data released on Tuesday showed.
Shell doing all it can to safeguard dividend amid low oil prices, says CEO
The chief executive officer of Shell said the oil giant is “pulling out all the stops” to safeguard its dividends and buy-back programme, and to keep its investment programme steady for the future.
EU-US Safe Harbour data transfer agreement ruled invalid
The European Court of Justice has ruled that the European Commission’s Safe Harbour decision is invalid.
Genesis appoints Ploix as new chairman
Genesis Emerging Markets Fund has announced Hélène Ploix will take over as non-executive chairman.
New car registrations surge in September
British car buyers were undeterred by the Volkswagen scandal last month, leading UK new car registrations to their best September on record.
Barclays bumps Wood Group up to 'overweight'
Barclays upgraded Wood Group to ‘overweight’ from ‘equalweight’, keeping its price target at 830p.