Market Pulse
ICE snaps up two S&P securities pricing units
Intercontinental Exchange (ICE), breaking for a moment from its hijacking of the merger between the London Stock Exchange and Deutsche Borse, has agreed the acquisition of two S&P Global Market Intelligence businesses from McGraw Hill Financial.
US close: Stocks march higher in record risk-on March start
US stocks rose to their highest finish since the first week of January as better-than-expected data joined hands with steadying oil prices.
Sector Movers: Insurers keep London market on positive turf
Insurance stocks managed to keep the London market in marginally positive territory on Tuesday, while gold miners headed lower as precious metals slipped.
VW warns US emissions scandal costs could rise
Volkswagen's chief executive officer Matthias Mueller has warned that costs associated with its emissions scandal in the US could escalate above the automaker’s current provisions, and the matter might take longer to resolve.
UBS points out Deutsche Boerse's long-term growth potential
Whether or not Deutsche Boerse's proposed buy-out of rival London Stock Exchange panned out in the end or not, the exchange operator's future was bright, UBS told clients on Tuesday.
Advance Frontier Markets Fund chairman steps down
Advance Frontier Markets Fund board member Grant Wilson has retired as director and chairman of the company with effect from Tuesday.
Commodities: Oil futures inch higher, but gold retreats
Oil futures saw a second successive session on positive turf, as Brent and WTI futures registered appreciable gains on Tuesday.
FTSE 250 movers: Three senior underwriters jump ship at Lancashire Holdings
Shares in Lancashire Holdings dropped to the bottom of the pile on Tuesday. After the close of trading in the previous session, the company said three more senior underwriters had jumped ship, close on the heels of the announced departure of John Hamblin, the CUO at Cathedral, in the previous week, and recent exits by its chief operating and financial officers.
FX Roundup: Euro continues to slide, dollar corrects on Dudley comments
The euro continued to slide on Tuesday following an overnight decline in Eurozone inflation, while the pound saw less than convincing intraday trading as 'Brexit' concerns continue to lurk around.
Europe close: Stocks jump as S&P 500, US dollar, oil futures gain altitude
European stocks pushed higher on Tuesday, shrugging of some weak readings on Chinese manufacturing as stronger oil prices and deal news helped to underpin the mood.
US manufacturing activity edged higher in February, ISM says
Factory activity in the States continued to shrink slightly in February, albeit by less than economists had been expecting.
London close: LSE leads FTSE higher on merger reports
The FTSE 100 finished higher on Tuesday, led by the London Stock Exchange after the Intercontinental Exchange confirmed it was considering making a bid for the UK exchange to rival Deutsche Boerse’s.
Tuesday broker round-up
Rightmove: Canaccord downgrades to hold with a target price of 4100p and Deutsche Bank reiterates hold with a target price of 3200p.
Tuesday newspaper share tips: Amazon.com, Morrison, Jupiter Fund Management
Amazon. com’s entry into the UK retail food sector has led to even more frenzied competition in a UK food retail sector plagued by hard discounters, a glut of stores and a market share war online.
Servelec buys Tribal's children's services business
Servelec Group has acquired Tribal Group's Synergy children's services management information system business for of £20. 25m cash, which it is part-funding with a new bank facility.
Drax non-exec to step down at April AGM
Drax non-executive director Melanie Gee is to resign from the company's board.
Eagle Eye Solutions Group non-exec director retires
Eagle Eye Solutions Group has confirmed the retirement of Bob Willett as a non-executive director.
Morrisons set for FTSE 100 return, Sports Direct in line for demotion
Morrisons, which announced a new grocery supply deal with Amazon. com on Monday, may work its way back into the FTSE 100 this month.
Capital Gearing Trust in equity issue
Capital Gearing Trust, a self-managed investment trust listed on the London Stock Exchange, has issued fresh equity.
US open: Stocks rise on better-than-expected US data
US stocks rose on Tuesday as better-than-expected manufacturing data in the nation offset a reversal in oil prices.