Market Pulse
CityFibre strikes agreement with Vodafone
CityFibre has signed a deal with Vodafone to provide fibre connectivity to the telco’s infrastructure and customers.
Citigroup cuts FTSE target, but says investors should be 'brave' and buy stocks
Citigroup cut its 2015 year-end target for the FTSE 100 to 6900 from 7400 to take into account recent GDP and EPS downgrades and rising risk from China.
German retail sector clinches best quarterly performance since 2006
Growth in the German retail sector slowed down slightly in September but the overall quarterly performance was the best since 2006.
Good Energy sees strong customer growth in September
Good Energy Group has attracted almost 10,000 new domestic customers through the Clean Energy Switch campaign.
German construction grows at fastest pace in six months in September
Germany’s construction sector expanded at the fastest rate in six months in September, data released on Tuesday showed.
German factory orders decline unexpectedly in August
Germany’s factory orders fell unexpectedly in August, figures released on Tuesday showed.
London open: Stocks fall as investors weigh earnings
London stocks declined on Tuesday as traders sifted through earnings releases.
Europe open: Stocks slip as rally loses steam and German data disappoints
European stocks fell into the red in early trade following strong gains in the previous session, as investors mulled over some disappointing German data.
Robert Walters posts growth in third-quarter net fee income
Robert Walters reported growth in third-quarter net fee income, as its emerging market and more well-established recruitment business continue to perform well.
Acacia Mining tumbles after lowering full-year guidance
Shares in Acacia Mining plunged over 13% early on Tuesday after the miner revealed its production in the third quarter was weaker than expected and lowered its full-year guidance.
Playtech to challenge Central Bank of Ireland's opposition to Ava Trade takeover
Playtech said they will formally challenge the Central Bank of Ireland’s decision to oppose its takeover of Ava Trade.
BTG full-year revenue to be in lower half of guidance
Pharmaceutical group BTG expects its full year revenue to be in the lower half of its guidance range, as interest in one of its treatment was yet to translate into sales growth.
Strong online growth drives Ted Baker's revenue up 24.5%
A 63. 6% jump in online sales and strong retail sales at home has boosted Ted Baker's overall revenue by 24. 5%.
SABMiller revenues up 4% but dollar fluctuation dents performance
SABMiller’s group net producer revenue has risen by 4% after a strong second quarter, but dollar fluctuation caused the company some issues.
Halma acquires US fire detection and suppression business
Halma has acquired Firetrace USA in a $110m (£72. 8m) deal.
Galliford Try chosen as preferred bidder for East Lothian hospital contract
Housebuilding and construction group Galliford Try’s Morrison Construction business has been named preferred contractor by Hub South East Scotland on behalf of NHS Lothian for the £72m construction of the new East Lothian Community Hospital in Haddington in East Lothian, Scotland.
Tuesday newspaper round-up: Banks, Symphony, Brexit
Britain’s biggest banks have lent more than $5bn to the world’s most active commodity traders, raising fears that they could suffer big losses if the falling price of natural resources sparks a crisis at one of the companies. More than half of the leading banks’ exposure to commodities is through loans to Glencore, the debt-laden mining group and commodity trader whose shares have suffered sharp swings since a leading analyst warned that they could be worthless.
London pre-open: Stocks seen higher as hopes of loose monetary policy underpin sentiment
Stocks in London are expected to post modest gains at the open as the prospect of loose monetary policy continues to underpin sentiment.
Wood Group appoints Robin Watson as CEO
Wood Group has appointed Robin Watson as chief executive officer with effect from 1 January 2016.
Easyjet September passenger numbers and load factor rise
Low-cost airline EasyJet’s September passenger numbers grew 7. 6% from the same month last year to 6. 61m.