Market Pulse
Investors offered IPO 'on same terms as institutions' via Teathers mobile app
Investors will for the first time be able to subscribe to an initial public offering on the London Stock Exchange via a mobile phone app, which has been developed by Teathers Financial.
Asia: Stocks struggle for direction as Chinese investors remain hopeful of more stimulus
Asian equity markets struggled for direction on Tuesday, as lower oil prices offset a rally in Chinese stocks.
Shanta Gold posts record quarterly production
Shanta Gold has hit a new quarterly gold production record at its New Luika Gold Mine in Southwest Tanzania.
Tesco loses share as supermarket sector prices fall further, says Kantar
The supermarket price war was continuing to rage in full force to the benefit of consumers, who were opting to pocket the savings, survey compiler Kantar Worldpanel said.
Do not leave rise in Bank Rate for too late, MPC's McCafferty says
The gradual return of the so-called ‘natural’ interest rate to pre-crisis levels as the economy recovers means the lift-off in Bank Rate should not be left for “too late”, the most hawkish member of the Monetary Policy Committee believes.
Tesco and Morrison lose market share, Nielsen's dismal data shows
Two of the UK’s three listed grocers saw their market share drop in the latest 12 week period, according to reports citing the latest data available from Nielsen, as the grocery sector suffered a rare fall in both sales value and volume in the last four weeks.
Stratex sees first pour from Altintepe gold mine in two to three weeks
Stratex International said the first gold pour at its Altintepe gold project in Turkey will be achieved within two to three weeks.
SolGold gets highest-grade assay results to date for Cascabel project
SolGold has received the highest-grade assay results to date for its Cascabel copper-gold porphyry project in Ecuador.
Jubilant Energy NV's shareholders to decide company's future after takeover offer
Shares in Jubilant Energy NV surged over 18% early on Tuesday after the oil and gas company said it will hold an extraordinary meeting early next month when shareholders will vote on a proposal to cancel its shares from trading on AIM.
Tata Steel to cut 1,200 jobs in Scunthorpe and Lanarkshire
Tata Steel is set to unveil plans for further job cuts at two of its plants, in a fresh blow to the steel sector.
Macquarie starts Ocado at 'outperform', says market underestimating leverage
Macquarie initiated coverage of Ocado at ‘outperform’ with a 410p price target, saying the market is significantly underestimating operating leverage in the company’s business model.
Aureus Mining forced to halt mining operations in Liberia for a few days
Shares in Aureus Mining plunged over 12% early on Tuesday, after the gold explorer revealed it had to temporarily suspend production at one of its mine in Liberia.
Phorm selected to help Causemo profile potential donors
Phorm has teamed up with Causemo to improve the identification of and personalised communication with potential donors online.
Mark Price steps down as Waitrose MD
Mark Price has unexpectedly announced he's leaving the John Lewis Partnership, stepping down as managing director of Waitrose and deputy chairman of the group.
Rurelec shares retreat as majority owner Sterling calls in administrators
Investors took flight as AIM-listed Rurelec brought attention to the fact that that majority shareholder Sterling Trust Limited had gone into administration.
Fed could dial back on rate hike should economic data worsen, Williams says
The US economy has good momentum behind it and should the economic information worsen following a rate hike the central bank could dial back on that tightening, a top Fed official told Bloomberg TV.
PPHE Hotels signs Battersea Power Station agreement
Hospitality management group PPHE Hotel Group has signed an agreement with Battersea Power Station Development to develop a luxury hotel on the site.
Domino's rallies as Citigroup highlights LFL momentum, German potential
Domino’s Pizza got a boost after Citigroup lifted the stock to ‘buy’ from ‘neutral’ and raised the price target to 1,170p from 760p.
Xtract Resources signs joint venture agreement for Mozambique project
Shares in Xtract Resources edged higher early on Tuesday after the resource assets developer signed a joint venture agreement for a project in Mozambique.
BlueCrest AllBlue Fund gained 0.3% in September
BlueCrest AllBlue Fund has reported a “solid performance against a backdrop of difficult markets” in its latest factsheet.