Market Pulse
Pressure Technologies on track to beat market expectations
Pressure Technologies expects its adjusted earnings for the full year to be ahead of market views despite difficult conditions in its main oil and gas market, following strong performances across some of its divisions.
Diageo reiterates full-year guidance
Diageo reiterated its full-year guidance ahead of an investor confidence in New York scheduled for 11 November focused on its operations in North America and emerging markets.
Hornby issues profit warning as Europe turnaround gets underway
Hornby warned on Tuesday that full year profit and revenue was likely to be lower than expected as the European turnaround plan gets into full swing.
ECB's Weidmann worried by long-term risks for financial stability
Keeping interest rates too low for too long keeps central bankers awake at night in Germany and India.
US import prices register fourth consecutive monthly decline
US prices for imported goods declined more than expected in October, data released on Tuesday showed.
London midday: Pessimism in the air after Chinese price data
Much weaker than forecast data on consumer prices in China fanned talk in the markets of the economic risks investors were still facing, which in turn weighed on sentiment slightly.
National Grid confirms gas sale talks as earnings surge
As well as announcing strong first-half earnings growth, National Grid confirmed rumours that it has begun to look at potentially selling a majority stake in its gas distribution business and returning the proceeds to shareholders via a likely special dividend.
EasyJet boss supports tightening airport security after Metrojet crash
Airport security needs to be tightened around the world, easyJet chief executive Carolyn McCall told BBC News’ Kamal Ahmed.
Broker tips: Rolls Royce, Drax Group, Morrison, Tesco
Shares in engineering giant Rolls-Royce slid after Exane BNP Paribas slashed its price target on the stock to 685p from 840p to reflect an additional pullback in the civil aerospace margin and further pressure on shorter-cycle activities.
Vodafone rejoices in first half return to European growth
Vodafone service revenues bounced back in the second quarter as many of Europe’s telecoms markets made an encouraging return to growth on the back of surging demand for mobile data.
Deutsche Bank downgrades Drax to sell on 'power price crunch'
As the "power price crunch" worsens, Deutsche Bank has downgraded power company Drax Group from 'hold' to 'sell'.
US small business confidence holds steady in October
Confidence of small business owners in the US remained unchanged last month, figures released on Tuesday showed.
Retailers said to have met ministers in plea to curb business rates
The bosses of John Lewis and Sainsbury’s have reportedly held secret talks with ministers calling on the government to curb the multi-billion pound cost of business rates.
Oxford Instruments profit jumps as cost-cutting benefits come through
Technology tools and systems company Oxford Instruments posted a jump in first half pre-tax profit even though revenue fell and expressed confidence that its full-year results will be in line with expectations.
Tuesday newspaper share tips: Advice for long-term investors in Dignity
They say there are two things you can’t avoid – death and taxes. One of those things is keeping Dignity shares an asset worth hanging on to according to The Telegraph’s Questor.
Speedy Hire swings to loss but investors cheer signs of turnaround
Shares in Speedy Hire rose sharply after the company’s first half results met expectations, with investors encouraged by early signs of progress in the turnaround and confirmation of full year targets.
Prudential shares drop after reporting quarterly outflows of GBP2.3bn
Prudential's share price has dropped after the company reported total outflows of £2. 3bn for the quarter due to redemptions in the retail market.
Premier Foods returns to growth in sales of Bisto and Mr Kipling
First half results from Premier Food were boosted by the first quarterly increased in branded sales for two years as investment decisions paid off and margins spiked at the ’Sweet Treats’ business.
Europe midday: Stocks slip as resources take a hit from China data
European stocks slipped into the red on Tuesday, unable to hold on to opening gains as weakness in the basic resources sector offset some upbeat corporate releases.
US pre-open: Futures edge lower as S&P 500 looks set to extend losses
US stock futures were slightly lower on Tuesday, as the S&P 500 looked on course for its fifth consecutive decline.