Market Pulse
Indivior shares slump as it posts drop in Q1 profit
Shares in Indivior tumbled after the FTSE 250 speciality pharmaceuticals firm reported a drop in first-quarter profit.
RBA surprises many economists with interest rate cut
The Reserve Bank of Australia unexpectedly cut its main policy rate, referencing recent lower than expected inflation in the country.
Asia close: Stocks mixed as US dollar weakens, IMF cautions on growth
Stockmarkets in the Pacific Rim finished on a mixed note amid softer than expected economic data out of China and against the backdrop of a weaker US dollar, with the latter marking a fresh year-to-date low.
Europe midday: Stocks in the red as miners, banks slump
European stocks fell on Tuesday as weak Chinese data dented basic resources and bank earnings disappointed.
'Del Boy' discounter The Range eyeing £1bn IPO
Value retailer The Range has begun work on a London initial public offer that could value 'Devon Del Boy' Chris Dawson's company at around £1bn, according to reports.
Tullow Oil gushes lower as Macquarie and Goldman downgrade
Tullow Oil gushed lower on Tuesday as Macquarie, Goldman Sachs and Numis all had their say on the stock.
US pre-open: Weaker open expected after China data
US futures pointed to a weaker open on Wall Street following disappointing Chinese manufacturing data.
SimiGon wins USD8m civil aviation contract
Simulation software specialist SimiGon has won a $7. 9m, five-and-a-half-year contract to provide its SIMbox training software and services to a major civilian aviation training provider in the Far East.
Caledonia Investments sells 20% stake in B&W Group
Caledonia Investments has sold its 20% stake in audio equipment manufacturer B&W Group for £24m in cash, and an accrued dividend of £500,000.
UBS downgrades RBS to 'neutral' on payout uncertainty
UBS downgraded Royal Bank of Scotland to ‘neutral’ from ‘buy’ and cut the price target to 250p from 310p, pointing to significant payout uncertainty.
Eurozone producer prices rise more than expected in March
Producer prices in the Eurozone rose more than expected in March, according to the latest data from Eurostat.
Blur Group secures contract extension with FTSE 250 retail group
Blur Group has signed a two-year contract with an unnamed FTSE 250 multi-channel retail group, extending an existing relationship.
UK manufacturing PMI unexpectedly enters contraction territory
UK manufacturing unexpectedly entered contraction territory in April.
US macro data is being leaked to traders, ECB report warns
Traders in US stock markets have been accused of enjoying leaked macroeconomic data ahead of official release times, according to a report by the European Central Bank that has warned of "substantial" insider trading.
UBS Q1 profit slides amid low transaction volumes
Swiss bank UBS posted a big drop in first-quarter net profit amid weakness in the wealth management business and low transaction volumes.
Aberdeen Asset Management 1Q profit slumps 40%
Aberdeen Asset Management tumbled on Tuesday as it reported a slump in first-half profit amid weakness in emerging markets.
RSA Insurance boosted by Barclays upgrade
RSA Insurance got a boost on Tuesday as Barclays upgraded the stock to ‘overweight’ from ‘equalweight’ and lifted the price target to 545p from 457p.
London open: Stocks fall after disappointing Chinese manufacturing data
London stocks fell on Tuesday after Chinese manufacturing data came in weaker than anticipated, fuelling concerns about the world's second largest economy.
Europe open: Stocks in the red as Commerzbank, UBS slide
European stocks fell in early trade as investors sifted through some disappointing corporate releases.
Just Eat profits getting fatter as Britain guzzles more takeaway food
Just Eat said it now expects full year profits to be larger than previously indicated after the number of famished Britons ordering takeaway food online continued to increase in the first three months of the year.