Market Pulse
GSK's ViiV joint venture begins testing new HIV treatment
GlaxoSmithKline's joint venture with Pfizer and Shionogi has begun testing a new two-drug treatment for HIV that looks to reduce the number of medicines people with the virus have to take.
Linde surges on reports of talks with Praxair
Germany’s Linde AG surged on Tuesday following reports the company was in talks with US industrial gas supplier Praxair Inc about combining the businesses.
Hochschild Mining reinstates dividend, ups guidance after strong first half
Building on strong silver and gold production and buoyant precious metals markets, Hochschild Mining enjoyed a profitable half year and reinstated its interim dividend.
Hain Celestial tanks as it delays results amid accounting probe
Hain Celestial shares tanked on Tuesday as the organic and natural products company delayed the release of its fourth quarter and fiscal year 2016 results, highlighted potential accounting issues and said it was unlikely to meet its guidance for the year.
Home Depot's second-quarter results in line, ups outlook
Home Depot’s second-quarter results came in more or less in line with analysts’ expectations on Tuesday.
Revenue down and earnings stable at Powerflute Oyj
Powerflute Oyj announces its unaudited interim results for the six-month period to 30 June on Tuesday, with revenues excluding non-recurring items decreasing to €176. 1m from €179. 7m a year ago.
Puretech Health's Vedanta granted key US patent, analysts bullish
The US government granted a patent to PureTech subsidiary Vedanta BioScience for its Clostridium live bacterial strains, triggering a $2m milestone payment from Janssen Biotech.
Cambridge Cognition announces promising results from technology study
Neuroscience company Cambridge Cognition Holdings announced results on Tuesday from a new technology feasibility study.
US housing starts rise past forecasts in July
US housing starts jumped past forecasts in July even as a key lead-indicator for activity in the sector unexpectedly dipped.
Santander grows earnings but issues dire outlook
Major retail lender Santander UK set off a warning flare over Brexit on Tuesday, when in releasing its half-year figures it said the June vote to leave the European Union “marked the end” of the recent relative stability in the UK banking sector.
Sirius Minerals reports comfortable cash position ahead of key milestones
Sirius Minerals reported what some analysts described as a comfortable liquidity position at the half-year stage, as the company continued to progress on its plans to develop its North Yorkshire polyhalite project.
Castings warns of softness since Brexit vote
Foundry operator and machining group Castings has suffered from a softening in demand in recent weeks but the full effect of the post-Brexit market had yet to become fully clear.
EasyHotel announces third franchise hotel in Amsterdam
EasyHotel announced on Tuesday that it has a further 96 rooms under development by its Benelux franchisee.
Future buys shopping comparison business Next Commerce
Media group Future has acquired digital shopping comparison business Next Commerce for an undisclosed cash consideration.
RockHopper buys Egypt's Beach Petroleum for $11.9m
Oil and gas explorer RockHopper Exploration bought Egypt’s Beach Petroleum for $11. 9m to increase its “exposure to low cost, cash generative production assets” in the region.
Europe midday: Stocks edge lower but miners buck the trend
European stocks edged lower on Tuesday as investors digested a weaker-than-expected reading on German economic sentiment, with miners bucking the trend following well-received results from BHP Billiton and Antofagasta.
London midday: Stocks fall, sterling gains, as traders weigh UK inflation data
London stocks were sitting lower on Tuesday as investors digested mixed UK inflation data.
Debt-free Gulfsands Petroleum maintains interest in Syria
Oil and gas explorer Gulfsands Petroleum said it was debt free at the half-year stage, as it maintained its interest in Syria and continued to streamline its operations in a bid to reduce its rate of 'cash-burn'.
China's Shenzhen-Hong Kong Stock Connect link set for November launch
China’s State Council has approved the launch of the long-awaited 'Stock Connect' trading link between Shenzhen and Hong Kong stock markets, nearly two years after a similar link with Shanghai.