Market Pulse
Carney to decide on BoE term by end of year
Bank of England Governor Mark Carney will decide by the end of the year whether he plans to stay on as chief of the central bank for a full eight-year term rather than the five years agreed when he was appointed.
PZ Cussons a 'buy' after solid first half, says Investec
PZ Cussons has achieved a “solid” first half given the challenges, according to Investec.
Ofcom confirms Charles Gurassa as new Channel 4 chairman
Charles Gurassa, currently deputy chairman of EasyJet, has been appointed by regulator Ofcom as the new chairman of Channel 4 as the debate continues over whether the broadcaster should be privatised.
Asia report: China drags whole region down
Asian stocks were dragged lower on Tuesday, as another shocker session in China led to region-wide declines.
Union Jack Oil inks farm-in deal with Egdon Resources
Oil and gas production and exploration company Union Jack Oil has inked a farm-in deal with Egdon Resources.
Jefferies upgrades Vodafone on window of opportunity
Jefferies has upgraded Vodafone from ‘hold’ to ‘buy’, raising its target price from 230p to 250p on what it called a window of opportunity for the telco.
Plexus plummets again despite Russian licensing deals
Shares in Plexus Holdings followed their sizeable fall on Monday with a further 20% decline on Tuesday morning, despite announcing it will license-out its technology to two Russian oil drilling equipment manufacturers.
Cyan banking on demand for smart metering
Global demand for smart energy meters was driving momentum at Cyan Holdings, as the group talked up its position on Tuesday ahead of its full year results to 31 December 2015.
Convenience foods drive Greencore growth
Hunger for convenience foods drove growth at Greencore Group in the first quarter, with the company issuing a trading update on Tuesday morning.
Avon Rubber sinks to six-month low after soft update
Continuing soft conditions in the dairy market have hit Avon Rubber in the first quarter of the year, exacerbated by the timing of orders in the defence business.
Restaurant Group appoints Hewitt as new chairman
Restaurant Group has announced Debbie Hewitt MBE will take over as the company’s chairman in May.
Forex hits PZ Cussons' results
Foreign exchange has hit PZ Cussons’ half year results, with a small dip in reported revenue and a 3. 7% drop in profit before tax.
London open: Stocks decline following losses in Asia
UK stocks continued to decline on Tuesday following losses in Asia as oil prices fell below $30 per barrel.
Nick Ferguson to succeed Peter Smith as Savills chairman
Real estate advisor Savills announced the appointment of Nick Ferguson – currently chairman of Sky – as a non-executive director with immediate effect.
Europe open: Stocks in the red as oil slips below $30 a barrel
European stocks fell in early trade, taking their cue from weak sessions in the US and Asia, as oil prices slipped below $30 a barrel.
Strong forward momentum at Intermediate Capital
Intermediate Capital Group was reporting strong forward momentum on Tuesday morning, updating the market on its recent trading activities.
Crest Nicholson beats forecast as it builds towards big target
Housebuilder Crest Nicholson beat profit expectations for the full year on sales revenues rising 26% to £804. 8m and said it was confident of meeting its target of £1bn for the new financial year.
Sharm el-Sheikh and Paris attacks hit easyJet's revenue
The Sharm el-Sheikh disaster and the Paris attacks have hit easyJet’s revenue for the three months to 31 December.
Marston's reports strong Christmas trading
Pub operator Marston’s reported record Christmas sales on Tuesday, as like-for-like sales grew 3% over the quarter.
Card Factory looking at full year growth
Card Factory was looking towards a solid annual performance on Tuesday, with increased like-for-like sales growth and constant total sales growth in the 11 months to 31 December 2015.