Market Pulse
Metal Tiger shares fall on Botswana test results
Strategic natural resources investing company Metal Tiger updated the market on Tuesday, over the exploration programme at its joint venture project with MOD Resources in the Kalahari Copper Belt in Botswana.
US pre-open: Stocks set for marginally higher start; Fed speak eyed
US futures pointed to a slightly higher open on Wall Street as worries about Deutsche Bank receded, with investors looking ahead to more Fed speak on an otherwise quiet day.
Digital Globe's investments pay off with record high revenues
Digital Globe Services, a provider of digital marketing solutions for large consumer-facing organisations, has recorded its highest ever full-year revenue at $47. 8m after investments in both technology and people.
Barclays ups Aldermore and OneSavings to 'overweight'
Barclays upgraded challenger banks Aldermore and OneSavings Bank to ‘overweight’ from ‘equalweight’ as it took a look at UK specialist lenders.
Premier Asset Management float allows Electra to cash in
Premier Asset Management Group completed its initial public offering in London on Tuesday, allowing Electra Partners to partially realise an investment by its Electra Private Equity vehicle.
Salesforce to acquire marketing startup Krux for $700m
San Francisco startup Krux has agreed to be taken over by Salesforce. com Inc in a deal thought to be worth in the region of $700m, according to a report from the Wall Street Journal.
Quantum Pharma's shares plummet as it expects to perform below expectations in H2
Shares in AIM-listed drug manufacturer Quantum Pharma plunged nearly 50% on Tuesday morning as it said it expects the performance in the second half of the year to be “materially below market expectations” although it anticipates “strong” growth.
Clinton berates Trump over tax reports
Donald Trump has come under pressure after reports emerged that he has not paid any income tax in the last 18 years, as rival presidential candidate Hillary Clinton swooped in to heavily criticise the New York hotel developer.
Caledonia Mining 'confident' of reaching full-year gold target
AIM-listed gold explorer Caledonia Mining reported another quarterly dividend as it said it was “confident” of achieving the full year production target.
Eurozone producer prices unexpectedly drop in August
Eurozone producer prices unexpectedly edged lower in August, according to the latest figures from Eurostat.
Wells Fargo controversy deepens as Illinois withdraws funding
US bank Wells Fargo received more bad news on Monday, as it is set to lose a big business partner in the state of Illinois.
Asia report: Markets mostly higher as Australia stands pat on rates
Markets in Asia finished higher on Tuesday, with Australia stalling after its central bank stood pat on interest rates.
UK construction PMI beats expectations, returns to growth
The pace of UK construction unexpectedly improved in September as the sector returned to growth.
Gresham Computing to install C24 Technologies
Software and services company Gresham Computing announced on Tuesday that it has entered into a conditional share purchase agreement with the shareholders of C24, to acquire the entire issued share capital of C24 Technologies for a total consideration of up to £4. 55m.
EasyHotel gets planning permission for Barcelona hotel
EasyHotel has been granted planning permission for a 204-room hotel on Gran Via in Barcelona.
CAP-XX shares surge as it reports on year of development
Supercapacitors and energy management systems designer and manufacturer CAP-XX announces its audited results for the year to 30 June on Tuesday, with sales revenue rising 12% year-on-year to AUD 5m.
Bluefield Solar shares up despite reporting negative return
Bluefield Solar Income Fund posted its annual report for the year to 30 June on Tuesday, with total investment income during the year of £28. 02m and total underlying earnings of £20. 97m.
St Ives shares up as it swings to statutory loss
International marketing services company St Ives posted its preliminary results for the year to 29 July on Tuesday, with revenue rising 7% to £367. 5m.
Intertek rallies on double upgrade by Jefferies
Intertek was lifted by a double upgrade from Jefferies, which raised its stance on the stock to ‘buy’ from ‘underperform’ and upped the price target to 4,300p from 3,000p.
Pearson rallies as Morgan Stanley says another warning unlikely
Education publisher Pearson got a boost on Tuesday as Morgan Stanley reiterated its ‘overweight’ rating on the stock and 1,050p price target, saying the market’s expectations of another profit warning are unlikely to materialise.