Market Pulse
Avon to shift its head office to Britain
Multibillion-dollar beauty firm Avon revealed plans to shift its headquarters to the UK from the US this week.
SDL's full year loss widens
SDL reported a wider full year pre-tax loss for 2015 as it booked an impairment charge related to the group’s restructuring.
Mears Group's full year results 'solid enough', says Investec
Mears Group’s shares rose slightly as Investec said the company’s full year results were “solid enough” and in line with expectations.
Europe midday: Basic resources pace decline as investors digest BoJ decision
European stocks edged lower on Tuesday as investors digested the Bank of Japan’s decision to stand pat on rates, with basic resources under the cosh.
US pre-open: Stocks set for weaker start as focus shifts to Fed meeting
US futures pointed to a weaker open on Wall Street on Tuesday as caution crept in ahead of the Federal Reserve’s two-day policy meeting and some key data releases.
London midday: Stocks slide on slump in oil prices
London stocks were in the red at midday on Tuesday as oil prices extended losses from the previous session.
Verona Pharma excites with asthma trial results
Verona Pharma has published further encouraging clinical results for its RPL554 drug to treat chronic obstructive pulmonary disorder (COPD).
Asia report: Markets lower as investors turn cautious
Asian markets ended Tuesday largely down, following on from weak performance in the US overnight, as investors appeared to turn to caution after the recent rally.
The Gym Group's reported full year loss widens
The Gym Group, which floats last November, reported better-than-expected adjusted pre-tax profit for 2015 as membership numbers grew.
French Connection full year loss widens
Full year operating losses at retailer French Connection widened on the back of a disappointing trading performance in the first half of the year as the spring collection failed to impress.
Wood Group slumps on Canaccord downgrade
Wood Group shares slumped on Tuesday after Canaccord Genuity cut its stance on the stock to ‘sell’ from ‘hold’, saying the stock was overvalued following the recent outperformance.
London open: Stocks decline as oil prices fall
UK stocks declined on Tuesday as oil prices continued to fall and mining stocks reversed the previous session’s gains.
Europe open: Stocks edge lower as investors digest BoJ decision
European stocks edged lower in early trade, taking their cue from a mostly downbeat session in Asia after the Bank of Japan stood pat on interest rates.
Bank of Japan leaves monetary policy unchanged
The Bank of Japan left rates unchanged in negative territory on Tuesday and kept the pace of asset purchases steady at Y80trn a year as it sounded a cautious note on the economic outlook.
Inchcape's 2015 profit and revenue edge up
Automotive distributor and retailer Inchcape reported a small rise in full year pre-tax profit as revenue edged higher amid strong UK sales.
Cairn Energy reveals strong year-end cash position
Cairn Energy painted itself in a strong cash position on Tuesday, as it updated the market on its operations in the 2015 calendar year.
Hastings declares first dividend as full year profit jumps 19%
FTSE 250 insurer Hastings, which listed on the London Stock Exchange in October, posted a rise in full year gross written premiums and operating profit as it declared its first dividend.
Dechra to gobble up Putney in £140m deal
Veterinary group Dechra Pharmaceuticals looked set to expand its reach in the US market on Tuesday, announcing the conditional acquisition of Maine-based generic pet pharmaceutical developer Putney.
Hansteen profits surge as property market 'plays to our strengths'
Industrial property investor Hansteen lifted full year profits 30. 6% to £171. 4m and said conditions in European markets remained ripe for it to continue to grow earnings.
Tough steel market sees Evraz earnings slashed
Steelmaker Evraz saw earnings fall by more than a third in its 2015 results on Tuesday, though the FTSE 250 firm still managed to shrink its net loss and net debt during the calendar year.