Market Pulse
US pre-open: Futures point to positive open ahead of inflation data
US stock futures edged higher on Tuesday, as investors awaited inflation data and a report on industrial production.
Europe midday: Stocks rack up strong gains; travel and leisure sector rebounds
European stocks racked up strong gains on Tuesday as investors cheered encouraging German data and signs that further stimulus from the European Central Bank may be on the cards.
FCA fines and bans former Aviva analyst over 'cherry picking'
The Financial Conduct Authority has banned and fined a former Aviva Investors Global Services analyst for “failing to act with honesty and integrity”.
Sale of Premier Oil's Norwegian division leads to rating upgrade
Premier Oil’s planned sale of its Norwegian business has prompted Canaccord Genuity to upgrade the company from ‘sell’ to ‘hold’.
Inspired Energy buys energy bureau STC for £9m
AIM-listed energy procurement consultant Inspired Energy has completed the acquisition of STC Energy and Carbon Holdings for around £9m to be satisfied in cash and shares in a deal that is expected to be earnings-enhancing next year.
Asia: Equities edge higher as energy stocks lead the way
Most Asian stocks advanced on Tuesday, recovering from the widespread losses they suffered in the previous session.
Too soon to draw conclusions on impact of ISIS' Paris attacks, Barclays says
It is too soon to draw conclusions about the macroeconomic impact of the recent escalation of tensions involving Isis, according to economists.
EasyJet profit soars 18% as passenger numbers grow
EasyJet posted an 18% rise in full year pre-tax profit as revenue and passenger numbers grew, and expressed confidence over the long-term outlook for the business.
Carclo swings to first half profit
Plastics company Carclo swung to a profit in the first half thanks to a good performance form its two main manufacturing divisions.
Ferrex to buy Australian gold mining company Chaffers
AIM-listed resource development group Ferrex has agreed to acquire Australian private company Chaffers Mining, which has a five-year agreement to mine certain defined gold deposits located on the Norton leases north of Kalfgoorie in the Western Australian goldfields.
German investor confidence surges past expectations in November
German investor confidence rebounded strongly in November, figures released on Tuesday showed.
Macfarlane on track to meet full year goals
Labels and packaging company Macfarlane Group said it was on track to meet its expectations for 2015, as it maintained its trading momentum in the second six months of the year.
Enterprise Inns swings to loss as revenue slips
Enterprise Inns swung to a loss for the year as revenue declined and the pub group incurred charges related to the revaluation of the estate.
London house prices surge as housing shortage drives ONS average up
The official measure of UK house prices increased by 6. 1% in the year to September 2015, the strongest rate of growth since March 2015 and ahead of expectations of a slowdown to 5. 4%.
SocGen hangs up on TalkTalk as it highlights deteriorating fundamentals
Societe Generale downgraded TalkTalk to ‘sell’ from ‘hold’ and slashed its price target to 190p from 320p.
Halma posts solid half year growth across the board
Safety, health and environmental technology group Halma has posted a growth in half-year profit after an increase in revenue across all its divisions.
UK CPI remains in negative territory in October
The UK consumer price index (CPI) remained into negative territory for the second consecutive month in October, figures released on Tuesday showed.
Big Yellow lifts interim dividend as profit rises
Big Yellow posted a 69% rise in first half pre-tax profit and lifted its interim dividend as occupancy and revenue grew.
Spirax reiterates full year expectations but sales remain under pressure
Engineering group Spirax-Sarco reiterated expectations for the full year, despite saying were under pressure because of a continued slowdown in industrial production.
Big Four supermarkets sales sink, Nielsen shows
Sales at the 'Big Four' UK supermarkets sank 1. 2% in the four weeks to the end of November, their largest year-on-year fall in the value of sales since October last year.