Market Pulse
Tesco nears growth as supermarkets sales speed up, says Kantar
The rot is stopping at Tesco and an imminent return to growth is on the cards, according to supermarket industry data, though both the market leader and Sainsbury's have lost ground to rivals.
London open: Stocks decline ahead of services PMIs
London stocks dropped on Tuesday as oil prices fell and traders awaited a slate of data on the services industry.
Wizz Air passenger numbers up 21% in March
Eastern Europe-focused low cost carrier Wizz Air reported another month of sizeable passenger growth for March, as it expanded its network and customer offering even further.
Europe open: Stocks fall after weak German data
European stocks fell in early trade following much weaker-than-expected German data and amid declining oil prices.
Strength the keyword for F&C Commercial Property Trust
F&C Commercial Property Trust was holding steady in 2015, it reported on Tuesday, as it prepared the business for a change in the cycle from capital returns to income returns.
Stock Spirits shake-up ordered by Portugal's Amaral
A boardroom shake-up at Stock Spirits has been demanded by Portuguese cash-and-carry tycoon Luis Amaral, who owns 10% of the vodka maker.
Moss Bros full year profit up 23%
Specialist menswear retailer Moss Bros posted a rise in full year profit and sounded an upbeat note on current trading.
BTG exudes confidence ahead of final reuslts
Specialist healthcare company BTG was confident ahead of its final results on Tuesday, claiming reported group revenue for the year to 31 March was expected to be at the upper end of its guidance range of £410m-£440m, boosted by currency tailwinds.
German factory orders unexpectedly drop in February
German factory orders unexpectedly fell in February, according to data from the Bundesbank.
Electrocomponents profits to hit top end of forecast range
Electrocomponents said it expected full year profits to hit the top end of market expectations, following a solid fourth quarter in which the UK recovery gained pace.
Cranswick sees full year in line after solid final quarter
FTSE 250 food producer Cranswick said on Tuesday that it will report a trading performance for the year to the end of March in line with its expectations following continued positive trading in the final quarter of the year.
Revenue, profit down as the AA focuses on cost savings
FTSE 250 motoring services company the AA reported results in line with expectations on Tuesday, though overall revenue fell 0. 4% to £968m in the 12 months to 31 January.
Tuesday newspaper round-up: China jitters, bank woe, LSE-ICE, Credit Suisse
Jitters over the health of the Chinese economy could trigger a bloodbath on financial markets if a hard landing materialises, the International Monetary Fund has warned. The IMF said policy choices in the world's second largest economy would also have "increasing implications for global financial stability" in the coming years as the country opens up its bond and equity markets. - Telegraph.
London pre-open: Stocks seen lower on weak US and Asian cues
London stocks were set for a weaker open on Tuesday, taking their cue from downbeat US and Asian sessions.