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Market Pulse
25 Oct
grecia, bandera, greece, greek flag
ESM gives Greece €2.8bn second loan tranche

The European Stability Mechanism, the eurozone's bailout fund, gave Greece the remaining €2. 8bn of the second loan tranche on Tuesday.

25 Oct
general motors sede
General Motors posts impressive Q3 results, smashing expectations

Despite falling auto sales in the industry, General Motors reported a profit increase of more than double in its latest earnings report in comparison with last year.

25 Oct
aldermore
Credit Suisse sees rising risks for challengers banks Aldermore, Shawbrook

OneSavings Bank received an upgrade but Aldermore and Shawbrook were downgraded by Credit Suisse as it warned the risks facing the UK's challenger banks were "becoming harder to ignore" heading into 2017.

25 Oct
Hugo Boss, fashion
Procter & Gamble beats on earnings, shares rise in pre-market

Consumer goods giant Procter & Gamble reported its first quarter earnings on Tuesday, which showed an increase in profit from the same period last year, sending shares in the company 1. 1% higher in pre-market trading.

25 Oct
edgar test 10
88 Energy raises AUD 11m from institutional investors

88 Energy announced on Tuesday that it has reached agreement regarding a placement to raise gross proceeds of AUD 11m, to two US-based institutional investors.

25 Oct
road, cars
Pendragon revenues rev up, expects little effect from Brexit price hikes

Automotive retailer Pendragon’s third quarter revenue increased as it said that it had not suffered from any uncertainty in the wake of the Brexit vote and from fluctuating foreign exchange rates.

25 Oct
Finance, graph
Whirlpool slides as Q3 earnings miss estimates

Whirlpool slid in pre-market trade after its third-quarter earnings missed estimates and the company cuts its earnings guidance for full-year 2016.

25 Oct
Carpetright, retailing, carpets, floor coverings
Carpetright sales fall but branding boost keeps profits on track

Carpetright defied expectations that it would warn on profits on Tuesday, instead admitting that while gross margins will be hit by the weak pound it remains confident of hitting full year profit targets.

25 Oct
facebook live app
Trump launches Facebook Live broadcast for nightly campaign updates

US presidential candidate Donald Trump has begun to broadcast a daily Facebook Live program with two weeks left until voters go to the polls to decide whether he or Hillary Clinton will be the next resident of the White House.

25 Oct
libra 630 inglaterra uk pound
Red Emperor Resources updates market on quarterly progress

Red Emperor Resources posted an update for the quarter to 30 September on Tuesday, confirming all relevant documentation for the transfer of Otto Energy’s equity interest in Block SC 55 was prepared by Otto during the period.

25 Oct
union-europea-banderas
Europe midday: Stocks underpinned by German business confidence, miners

European stocks edged higher on Tuesday, supported by strength in the mining sector and a strong reading on German business confidence.

25 Oct
Rome, Italy, Italian, colosseum
Trading in Unicredit and Monte dei Paschi di Siena halted.

Trading in Unicredit and Monte dei Paschi di Siena has been halted.

25 Oct
un-travailleur-tient-en-parapluie-aux-couleurs-du-royaume-uni-devant-le-london-stock-exchange-en-octobre-2008-bourse-marches-financiers
London midday: Stocks rise ahead of Carney's testimony

London stocks gained on Tuesday as investors eyed a key speech from Bank of England Governor Mark Carney.

25 Oct
petra, diamond, carat
Botswana Diamonds discovers octahedron in sample material

Botswana Diamonds announced on Tuesday that a diamond has been found in the early stage of the re-analysis by Alrosa specialists of concentrate from large diameter drilling on kimberlite pipe AK21 on PL 260.

25 Oct
london heathrow airport terminal 4 aerial view
Government approves expansion of London's Heathrow Airport

The UK government has approved the expansion of London's Heathrow Airport, though Tuesday's decision to give the green light to construction of a third runway is expected to face extensive consultation and possible legal challenges.

25 Oct
wall street
US pre-open: Stocks seen slightly higher as investors eye Apple

US futures pointed to a slightly firmer open on Wall Street as investors awaited the release of earnings from technology giant Apple.

25 Oct
Gold bars, coins, mining, metals
Galileo Resources reports 'significant' gold values at Nevada mine

AIM-listed miner Galileo Resources reported that initial rock-chip sampling at its Nevada mine in the US returned “significant” gold values while drilling has started at its gold-silver project.

25 Oct
viviendachina
Chinese iron ore, coking coal futures jump

Price for several key steel-making ingredients jumped overnight in Chinese trading.

25 Oct
morrison supermarket grocer vegetable fruit
Tuesday newspaper share tips: McBride,

McBride´s change of strategy is paying off in terms of its cost base and margins but it is nevertheless facing headwinds, The Times´s Tempus said.

25 Oct
samsung-galaxy-note-7-seoul-coree-du-sud-telephone-mobile-batterie-defectueuse-apple
Asia report: Markets mixed as Korea data points to slowdown

Asian markets were mixed on Tuesday, with South Korea coming under pressure amid fresh economic data showing a slowdown in growth on the peninsula.