Market Pulse
London midday: Stocks rise as investors shrug off disappointing PMIs
London stocks rose on Tuesday as investors expressed indifference at disappointing UK and China manufacturing data.
Asia report: Markets finish choppy Tuesday in the black
Trading in Asia was choppy on Tuesday, led by China, where traders were left digesting a fresh injection of liquidity from the People's Bank, as well as depressed factory data.
Moneysupermarket full year profit up 20%
Moneysupermarket. com reported a rise in full year profit and revenue as it expressed confidence it will deliver its expectations for the year.
Eurozone unemployment shrinks to lowest since 2011
Unemployment in the Eurozone fell to 10. 3% in January from 10. 4% the month before, better than forecasts for it to remain the same and the lowest level since 2011, giving the European Central Bank some positive news to weigh against poor inflation and confidence data.
Just Eat delivers impressive results to the market
Hunger for dinner delivered drove Just Eat's numbers in 2015, with the company delivering some impressive results to the market on Tuesday morning.
Wood Group wins contract with Babcock International
Oil and gas services firm Wood Group has won a $120m (£86m) contract with Babcock International to provide industrial services to a number of its UK sites.
Rotork lifts dividend despite drop in 2015 profit and revenue
Industrial components manufacturer Rotork lifted its full year dividend and expressed confidence in the medium-term outlook, despite posting a drop in 2015 profit and revenue amid challenging markets.
IP Group profit leaps ahead in 2015
IP Group's portfolio expansion and equity raising were a winning strategy in 2015, according to the company's final results published on Tuesday morning.
Greggs steams higher on hot results and tasty investment plan
Greggs has serving up strong final results and said it was closing three of its 12 bakeries, in Twickenham, Edinburgh and Sleaford, as part of a new £100m investment programme to help it increase its outlets "substantially" beyond 2,000.
UK manufacturing near three year low in February
The Markit/CIPS manufacturing purchasing managers’ index fell to 50. 8 in February from 52. 9 in January.
Disposal, investment in brands pays off for Direct Line
Direct Line Group reported on a year of success on Tuesday, with the 2015 disposal of its international business and ongoing investment in its own brands contributing to a solid calendar year of growth.
German unemployment falls for fifth consecutive month in February
German unemployment fell for a fifth consecutive month in February in line with estimates, data from the Federal Labor Agency showed on Tuesday.
Ashtead slumps as capex plans spark US slowdown concerns
Shares in equipment rental firm Ashtead fell sharply on Tuesday, with analysts pointing to concerns over the company’s plans to cut capital expenditure next year, as it reported a jump in third quarter profit.
Eurozone manufacturing PMI a touch ahead of estimate
Markit’s final Eurozone manufacturing PMI came in at 51. 2 in February, up a touch from the flash estimate of 51, but weaker than January’s reading of 52. 3.
London open: Stocks rebound as oil prices rally
UK stocks rebounded on Tuesday from declines a day earlier as oil prices jumped after Saudi Arabia said it would work with other producers to limit market volatility.
Taylor Wimpey says 2016 starting strongly after final results hit target
Final results from Taylor Wimpey were strong and in line with City expectations, with the housebuilder confirming that the market had strengthened into 2016.
Europe open: Stocks push higher as deal news provides a boost
European stocks edged higher in early trade, supported by a positive session in Asia, with deal news also underpinning sentiment.
Fresnillo robust despite weak metals prices
Weak metals prices had a significant impact on Fresnillo in 2015, though the company was appearing strong in its results for the calendar year on Tuesday.
Chinese manufacturing PMI data shows decline continues
Two readings of China's manufacturing performance showed the industry's decline rumbled on for another month in February.
United Utilities and Severn Trent set up non-household joint venture
Water groups United Utilities and Severn Trent have formed a joint venture of focused on their business customers, merging the billing, sales and customer services functions ahead of the business market opening to competition in England.