Market Pulse
NFIB index edges higher in September
Small business optimism in the US remained strong in September, data released on Tuesday showed.
BoE's McCafferty reiterates stance on interest rates
Bank of England policymaker Ian McCafferty has reiterated that interest rates need to rise to allow more scope for cuts in the event of a financial crisis.
FTSE 100 movers: SAB surges on AB InBev agreement; Royal Mail slumps
London’s FTSE 100 was down 1. 1% by mid afternoon at 6,304. 21 as uninspiring Chinese trade figures and UK inflation data weighed on investors’ minds.
Shell to roll-out hydrogen pumps at European petrol stations
Petrol stations around Europe will soon begin to offer hydrogen fuel pumps alongside their standard unleaded and diesel options, as a means of encouraging greater adoption of hydrogen powered fuel-cell electric vehicles (FCEVs).
ITM Power lifted by London hydrogen car delivery from Toyota
Shares in fuel cell developer ITM Power were given a small boost by the news that Toyota has delivered a dozen new zero-emission vehicles powered by ITM's hyrdrogen fuel cells to the city as part of the city's commitment to improve air quality.
Citigroup upgrades Ladbrokes, says shares have fallen far enough
Citigroup upgraded Ladbrokes to ‘neutral’ from ‘sell’ and raised its price target to 110p from 100p, saying the shares have now fallen far enough.
Twitter to cut 8% of global workforce amid restructuring plan
Social media giant Twitter is poised to slash almost 8% of its global workforce after unveiling a restructuring plan.
ECB may postpone QE increase until December, BofA says
The European Central Bank would refrain from another dose of quantitative easing a little longer than had been expected, analysts at Bank of America-Merrill Lynch said in a report dated 13 October.
SABMiller board agrees to AB InBev's GBP44 per share offer
SABMiller have agreed to a possible £44 per share takeover offer from AB InBev.
Next Fifteen interim profits lifted by acquisitions
Profits at Next Fifteen grew by a third in the first half of the year and the public relations group said current trading left it confident of hitting full year results despite increased internal investment.
Proactis jumps as annual profit and revenue surge on acquisitions
Business software provider Proactis Holdings posted a sharp increase in annual pre-tax profit, on the back of acquisitions it completed last year.
Auhua Clean Energy slumps as chairman resigns
David Sumner has resigned as chairman of Auhua Clean Energy, the environmental technology group said on Tuesday.
JPMorgan ups Glaxo to 'neutral', says consensus now looks achievable
JPMorgan Cazenove upgraded GlaxoSmithKline to ‘neutral’ from ‘underweight’ and lifted the price target to 1,370p from 1,320p.
Asda appoints Sainsbury's retail director as new COO
Walmart-owned Asda has appointed Sainsbury’s retail and operations director Roger Burnley as its new chief operating officer.
Circle Oil delighted with results from latest well
Circle Oil’s chief executive is delighted with the results from their latest well in Morocco.
Fewer Britons able to afford holidays this year, report reveals
Fewer Britons were able to afford an annual holiday this year due to continued pressure on household finances, according to a report on Tuesday.
London midday: Equities fall as UK slips into deflation
The UK equities market was under the cosh as the nation unexpectedly slipped into deflation in September.
Cohort subsidiary wins GBP3m support services contract
Defence technology group Cohort said its subsidiary MASS has been awarded a contract to provide electronic warfare operational support services to an export customer with a total value in excess of £3m.
US pre-open: Futures edge lower as Chinese data disappoints
US stock futures edged lower on Tuesday, as Wall Street was left unimpressed by a set of weak Chinese trade data.
Europe midday: Equities push lower as German and Chinese data weigh
European stocks were in the red on Tuesday as downbeat Chinese and German data undermined sentiment.