Market Pulse
Wood Group earnings drop amid weak oil prices
Oil services firm Wood Group reported a drop in earnings for 2015 amid significantly reduced customer activity, as weak oil prices took their toll.
Stanley Gibbons gets stamped after profit warning
Philately has been getting Stanley Gibbons nowhere lately, with the stamp and coin collecting group issuing a profit warning and announcing an emergency fundraising.
Deutsche Boerse and LSE surge on confirmation of merger talks
The London Stock Exchange has confirmed earlier reports that it is in discussions with Deutsche Boerse about a potential merger of equals of the two businesses.
US existing home sales unexpectedly rise in January
Sales of existing US homes unexpectedly rose in January, hitting a six-month high, according to data released by the National Association of Realtors.
ACCA calls on FTSE 100 CFOs to get serious on cybersecurity
Cybersecurity is growing too dangerous and powerful to ignore and a head-in-the-sand attitude to this once nascent, now pervasive threat is no longer an option, according to a new study by the Association of Chartered Certified Accountants (ACCA) and Institute of Management Accountants (IMA).
FTSE 100 movers: GKN and StanChart keep market in red
After a strong showing on Monday, the FTSE 100 was in the red mid-afternoon on Tuesday, down 31. 34 points (0. 52%) to 6,006. 39.
Brazilian inflation jumps to highest since 2003 in February
The cost of living in Brazil jumped to its highest since 2003 in February on the back of large increases in education and food costs.
US house prices up 5.7% in December
House prices in the US rose a touch less than expected in December, according to the S&P/Case-Shiller National Home Price Index.
Automotive, aerospace carry GKN through 2015
Steady sailing was the theme of the year at GKN, with the company reporting growth in sales and earnings across most of its operations on Tuesday.
Wednesday preview: Barratt Developments reports first half
Barratt Developments is expected to report solid revenue growth for the first half as the property developer benefits from soaring house prices.
Regency Mines confirms acquisition of Horse Hill stake
AIM-listed Regency Mines has completed the acquisition of a 5% interest in the Horse Hill development near Gatwick Airport from Angus Energy for £400,000.
Time considering acquisition of Yahoo´s core business
Time was considering the possible acquisition of Yahoo´s core business, Bloomberg reported citing people familiar with the matter.
Tuesday broker round-up
HSBC: JP Morgan reiterates underweight with a target price of 410p and UBS stays at buy, 490p target.
Oxford Biomedica to raise £8.1m in placing
Biopharmaceutical company Oxford Biomedica plans to raise £8. 1m in a placing of 128. 4m shares at 6. 3p with new and existing investors.
Broker tips: Focusrite, WS Atkins, Just Eat
Inspired by watching a documentary about helmet-wearing French electronic music duo Daft Punk, Panmure Gordon analyst George O'Connor issued a 'buy' recommendation on music technology group Focusrite.
Tuesday newspaper share tips: Concerns about Primark's growth
The Telegraph’s Questor said on Tuesday it is concerned about Primark’s growth after its latest trading update.
Panmure says Focusrite should 'get lucky' on Daft Punk effect
Inspired by watching a documentary about helmet-wearing French electronic music duo Daft Punk, Panmure Gordon analyst George O'Connor issued a 'buy' recommendation on music technology group Focusrite.
BoE has no plans for negative interest rates, Carney tells parliamentary committee
Bank of England chief Carney on Tuesday said the MPC had no intention to impose negative interest rates on banks and revealed that a special unit had been formed to investigate the potential fall-out from 'Brexit', Governor Mark Carney revealed on Tuesday.
US pre-open: Futures flat as investors pause after Monday's gains
US futures were flat on Tuesday as investors looked set to pause for breath following a 228-point surge on the Dow Jones Industrial Average the previous day.
Brexit would drive house prices up sharply, housebuilders warn
If the UK votes to leave the European Union on the 23 June referendum, housebuilders have warned that it could lead to a shortage of skilled construction labour, constrain investment in new house building work and so further worsen the country's housing shortage.