Market Pulse
Director dealings: CYBG chairman and deputy get skin in the game
The chairman and deputy chairman of Clydesdale and Yorkshire Bank owner CYBG Plc have put some skin in the game by splashing out on their first stakes in the newly listed banking group.
US close: Stocks end higher despite oil price decline; ADT rockets
US stocks ended in the black on Tuesday as bright spots on the corporate front helped to offset a drop in oil prices and some uninspiring data releases.
Bonds: Banks' capital requirements will not increase further, supervisor says
These were the movements in the most widely-followed 10-year sovereign bond yields:.
Sector movers: Oil stocks slip as airlines fly higher
Oil and gas stocks declined on Tuesday, but airline shares flew higher as the FTSE 100 ended the session marginally in positive territory.
Commodities: Oil retreats despite producers' pledge to 'freeze' output
Oil futures headed lower on Tuesday despite a pledge by major producers to freeze production.
Tuesday broker round-up
Mattioli Woods: Canaccord upgrades to buy,640p target and N+1 Singer upgrades to buy with a target of 630p.
Market overview: Footsie tracks gains on Wall Street
1630:Close Stocks tracked Wall Street higher, brushing off losses on the Continent as the president of the Philly Fed, Patrick Harker argued for near-term patience when it came to tightening interest rates again. Merlin Entertainments did best on the top flight index after naming a new chief financial officer. IAG gained on the back of an upgrade out of analysts at BofA-Merrill Lynch. StanChart sank to the bottom of the pile after analysts at Morgan Stanley reiterated their underweight stance on the shares.
Hogg Robinson reiterates full year guidance
Hogg Robinson Group on Wednesday reiterated its guidance for full year growth in line with market expectations, with strong momentum in North America.
Europe close: Stocks end lower as oil futures retreat
European stocks reversed an early advance to finish lower in choppy trade as oil prices surrendered their gains and investors digested a disappointing reading on German economic sentiment.
London close: Stocks close higher as UK inflation improves
London stocks finished slightly higher on Tuesday as data revealed an improvement in UK inflation in January.
FX Roundup: Dollar pummels commodity currencies, yen recovers
The dollar headed higher against commodity linked currencies on Tuesday, while the yen recovered following comments from US Federal Reserve Bank of Philadelphia President Patrick Harker.
Digital Globe reports record earnings in first half
A record six months had Digital Globe brimming with confidence on Tuesday, as it reported its strongest first half revenue and EBITDA performance to date.
Emeralds, Faberge carry Gemfields in second quarter
Numbers were up at Gemfields' emeralds and luxury goods businesses in the second quarter of its financial year, but production in its ruby division was down as the company focused on higher-quality stones.
Ukrainian president calls for resignation of countrys' prime minister
Ukraine’s president Petro Poroshenko called on prime minister Arseniy Yatsenyuk and the prosecutor general to resign and for a technocratic government to be formed.
Game Digital continues investment in e-sports with Spanish acquisition
Video game retailer Game Digital has strengthened its focus on the growing area of e-sports events by agreeing the acquisition of Spain's SocialNAT for an undisclosed sum.
Iran may be offered special terms to freeze oil output
Iran may be offered 'special' consideration under the terms of the agreement reached earlier in the day by a group of key oil producing countries to freeze their output at current levels, according to an unconfirmed report citing Reuters.
US housing market cooled slightly in February
Activity in the US housing market cooled slightly in February, according to one of the most widely-followed surveys for the sector, but an uptrend was expected to resume over the rest of the year.
Research grants for Haydale graphene products
A number of new graphene-enhanced products were on the cards at Haydale on Tuesday, with the awarding of a number of British government research grants to the firm totalling £350,000.
Credit Suisse downgrades Pennon to 'underperform'
Credit Suisse downgraded Pennon to ‘underperform’ from ‘neutral’ and cut the price target to 730p from 770p.
Castle Street acquires C4L in £20m deal
Castle Street Investments expanded its network and data assets on Tuesday, announcing the acquisition of C4L Group Holdings.