Market Pulse
London close: Stocks fall after weak construction PMI
London stocks dropped on Tuesday as weak construction data added to bets of an interest rate cut by the Bank of England later in the week.
US close: Stocks end lower as investors digest data, earnings
US stocks fell on Tuesday as investors digested economic data and quarterly earnings.
Tuesday newspaper share tips: Intertek, De la Rue
Shares in Intertek have rocketed since their flotation in 2002 despite which they remain relatively unknown to most investors.
Santander bids to take over RBS' Williams and Glyn unit, reports claim
Santander UK had made a formal offer to buy the Williams & Glyn (W&G) branches from Royal Bank of Scotland ending the bank’s seven year struggle to separate from it, multiple reports claimed.
Europe close: Banks drag equity benchmarks lower across the Continent
Bank stocks dragged European equity markets into the red on Tuesday as investors sifted through earnings reports from the sector and markets continued to digest the previous weeks stress tests.
Franchise Brands places 10.6m shares on admission to AIM
Multi-brand franchisor Franchise Brands will place over 10. 6m shares at 33p each an admission to AIM, the London Stock Exchange's junior market, to raise about £15. 6m.
Ithaca Energy expands footprint in the Greater Stella Area
Ithaca Energy took another step in its 'hub and spoke' strategy in the Greater Stella Area of the North Sea after signing four agreements to acquire further interests in the Vorlich and Austen discoveries.
Number of UK workers on strike hits record low in 2015
The number of British workers taking strike action reached a record low in 2015, according to official figures released on Tuesday.
Chi-Med revenue ahead, but investments kill most income
Hutchison China MediTech reported its interim results for the six months to 30 June on Tuesday, with group revenue up 27% to $104. 5m, from $82. 5m.
Instagram following Snapchat's lead with Stories section
Instagram is not standing still after recent surges in popularity, as it has announced the addition of Instagram Stories, which allows users to mark their daily events with photographs before the images vanish after 24 hours.
Morgan Sindall posts 20% jump in profit
Morgan Sindall Group posted its half-year report for the six months to 30 June on Tuesday, with strong profit growth as group adjusted profit before tax rose 21%.
Pfizer beats once again after strong sales of new products
Pfizer topped analyst estimates when it released its second quarter earnings on Tuesday on the back of strong performances from new drugs Ibrance and Xeljanz.
Avingtrans cashes in on Hinkley Point delays
Critical components manufacturer Avingtrans announced on Tuesday that Maloney Metalcraft, part of Avingtrans' Energy and Medical division, has secured a £3. 5m contract with EDF Energy to supply components for their current fleet of seven nuclear power stations across the UK.
Clipper Logistics clicks its way higher in final results
Provider of value-added logistics solutions, e-fulfilment and returns management services Clipper Logistics announced its full year results for the year to 30 April on Tuesday.
US open: Stocks fall as traders assess data and earnings
US stocks fell on Tuesday as investors digested economic data and quarterly earnings.
Director dealings: Reabold chairman tightens grip
Reabold Resources chairman Jeremy Edelman bought another 5m shares in the AIM-quoted natural resources investor to take his stake in the company up to 46%.
MillerCoors meets volume expectations, though income declines
SABMiller and Molson Coors Brewing Company reported that MillerCoors' second quarter underlying net income declined 3. 8% to $468. 8m against the same period last year on Tuesday.
Yahoo investigates data breach from Myspace and LinkedIn hacker
Internet company Yahoo is investigating reports that 200 million of its users' account details have been published on the dark web by a hacker linked to similar breaches at MySpace and LinkedIn.
Santander reportedly makes offer for RBS´s Williams&Glyn
Banco Santander offered to take-over Royal Bank of Scotland´s Williams&Glyn unit, Reuters reported citing a source familiar with the situation.
Shire hikes guidance after Baxalta adds to forecast-beating second quarter
Shire has upgraded its full year guidance and upped its interim dividend after it enjoyed a strong performance in the first half of the year and completed the acquisition of Baxalta.