Market Pulse
Palantir faces legal case from Department of Labor over discrimination
Silicon Valley data firm Palantir is being taken to court by the US Department of Labor over claims that it has discriminated against Asian job applicants since 2010.
Asia report: Markets reverse losses as Clinton clinches debate
Markets in Asia finished mostly higher on Tuesday, as traders kept one eye to the first US presidential debate between Hillary Clinton and Donald Trump.
Investec downgrades Mitie on uncertain outlook
Investec downgraded Mitie to ‘hold’ from ‘buy’ and slashed the price target to 188p from 360p as it pointed to the outsourcer’s uncertain outlook.
Sky boosted by Kepler Cheuvreux upgrade
Sky got a boost on Tuesday as Kepler Cheuvreux upgraded the stock to ‘buy’ from ‘hold’ saying its discounted cash flow-based fair value of 1,100p suggests nearly 30% upside from current levels, which is the highest in its large-cap media universe.
Markets declare Clinton victor of US debate but polls show mixed results
As the dust settles on the first televised US presidential election debate between Hillary Clinton and Donald Trump, the markets appear to have declared the Democrat candidate the winner, but some polls show the Republican nominee having won.
Disney considering offer for Twitter - reports
Walt Disney Co. is reported to be weighing up the possibility of a bid for struggling social media company Twitter, and according to sources from Bloomberg has hired a financial adviser to oversee the process.
Netcall's revenue falls but trading in line with expectations
Netcall, which provides customer engagement software, reported a fall in full year revenues as it gains more software as service contracts but maintained that it was trading in line with expectations.
Interserve wins place on Department of Health construction framework
Support services and construction group Interserve has won a place on the Department of Health’s £4bn ProCure22 (P22) construction framework, due to start next month.
QinetiQ appoints Rolls-Royce's David Smith CFO
FTSE 250 defence technology company QinetiQ appointed Rolls-Royce director and chief financial officer David Smith, who will take up the role of CFO in the new year.
Thomas Cook's summer bookings rise but affected by low demand for Turkey, Brussels
FTSE 250 listed Thomas Cook reported a rise in bookings this summer across some destinations apart from Turkey, while demand for the winter is line with the previous year.
Close Brothers operating profit up, but shares fall
Close Brothers posted its preliminary results for the year to 31 July on Tuesday, with adjusted operating profit up 4% to £233. 6m, and adjusted basic earnings per share up 7% to 128. 4p.
3i Infrastructure shares up after pre-close update
3i Infrastructure posted a trading update on Tuesday, as it entered the close period for the six months to 30 September 2016.
Europe open: Stocks nudge higher as investors digest US presidential debate
European stocks nudged higher in early trade, recovering from two downbeat sessions as investors digested the outcome of the first US presidential debate, with Hillary Clinton seen to have come out on top versus her rival Donald Trump.
Indivior rebuffs complaint from 35 US states
Pharmaceutical company Indivior once again rebuffed legal claims laid against it on Tuesday, after a number of states in the US filed a joint civil complaint over its conduct with the Suboxone product.
Wolseley´s full-year revenues boosted by currency tailwinds
Currency tailwinds boosted Wolseley´s full-year revenues as the plumbers´ merchant announced the result of the strategic review for its UK operations.
Acacia Mining resolves Bulyanhulu overheating issue
Acacia Mining announced on Tuesday that it has resolved the previously disclosed issue of the overheating of the ball mill trunion bearing at Bulyanhulu, and the process plant is now operating at normal throughput levels.
AG Barr announces jobs cuts after sales fall in first half
Sales from soft drinks maker AG Barr lost some of their fizz in the first half of the year amid continuing challenging conditions, but cash flowed strongly and management announced a 10% staff reduction as part of new restructuring plans.
Card Factory announces special dividend, on track for FY
Card Factory announced a special dividend on Tuesday as it reported a rise in revenue and profit for the six months to the end of July.
Mediclinic reiterates guidance, says trading in line
Private healthcare provider Mediclinic International maintained its full-year 2016/17 guidance across its three platforms on Tuesday, as it reported trading in line with management’s expectations for the five months to the end of August.
United Utilities warns on H1 revenue, says current trading in line
United Utilities said on Tuesday that it expects revenue for the first half of this year to be slightly lower than the same period last year, reflecting the accounting impact of its Water Plus business retail joint venture, partly offset by its allowed regulatory revenue changes, but underlying operating profit is seen marginally higher.