Market Pulse
UDG Healthcare final results impress but disposal delayed
Boosted by a strong second half and currency movements, UDG Healthcare beat estimates for sales and profits as it poises for an acceleration of growth with the sale of its supply chain arm.
Retail sales growth slows again in November but employment rises, says CBI
Retail sales in the year to November slowed again, while orders fell for the first time since April, according to a survey from the Confederation of British Industry.
Circassia wins EU regulatory boost for asthma generic drug
A generic asthma drug developed by Circassia Pharmaceuticals has received a regulatory green light in the UK, the first ever approval for a product developed using the company's particle-engineering platform.
Pets at Home's interim profit edges higher
Pet food, accessories and services retailer Pets at Home said its interim pre-tax profit edged higher thanks to solid demand for products and services.
Strong London market lifts Shaftesbury NAV
Shaftesbury, which owns properties in Soho, Charlotte Street, Covent Garden and Carnaby Street, posted a rise in full year net asset value as it continues to benefit from the strong London market.
Drax trading conditions still challenging but full year expectations unchanged
Drax said trading conditions in its markets remained challenging, with further weakness in power prices, but expectations for the full year are unchanged.
Laird acquires Internet of Things product designer
Electronic components group Laird has purchased a US-based product designer specialising in the Internet of Things, funded using $55m (£36. 4m) of existing debt.
Telecom Plus first half profit rises as market share builds
Telecom Plus posted a rise in interim profit and lifted its dividend as it continues to build market share.
German business confidence grows in November
German business confidence grew in November, a widely-followed survey showed on Tuesday.
Cineworld posts increase in revenue, remains upbeat over full year goals
Cinema operator Cineworld Group reported an increase in its pro forma revenue in the first 46 weeks of the year, boosted by strong performances across the board.
Low oil prices hit Nostrum's nine month revenues
Low oil prices have seen Nostrum Oil & Gas’ revenues nearly halved in the first nine months of the year.
Mitchells & Butlers profit nudges up as it reinstates dividend
Pub group Mitchells & Butlers posted a small rise in pre-tax for the year as it reinstated its dividend.
German GDP expands in line with expectations in third quarter
The German economy expanded in line with expectations in the third quarter, figures released on Tuesday showed.
NMC Health regains potency with IVF acquisition
NMC Health has agreed to acquire a majority stake in an Abu Dhabi and Dubai-based in vitro fertilisation (IVF) provider for the equivalent of £125m.
Greencore full year profit rises as convenience-led strategy pays off
Food group Greencore reported an increase in full year profit and revenue and raised its dividend thanks to growth in its UK and US markets.
Babcock continues strong growth as half year revenues rise
Babcock International Group has seen 12% growth in underlying revenue for the first half of the year, due to strong growth in its support services division.
London open: Stocks decline ahead of Carney's testimony, US GDP
UK stocks declined on Tuesday morning ahead of Bank of England governor Mark Carney’s testimony to the Treasury Select Committee.
easyJet cancels all to flights to Sharm El Sheikh until 6 January
Budget airline easyJet has confirmed it will cancel all flights to and from Sharm El Sheikh until 6 January.
AO World swings to interim loss, plans expansion in the Netherlands
Online domestic appliances retailer AO World swung to an interim loss, despite posting a sharp increase in first half revenue.
Europe open: Stocks in the red amid disappointing corporate news flow
European stocks fell in early trade as investors sifted through mostly downbeat corporate news ahead of some key data releases.