Market Pulse
Zoo Digital causes stampede after warning on profits
Shares in Zoo Digital tanked on Tuesday as the localisation and distribution service warned that its second-half performance was hampered by the loss of a material project.
Mission Marketing pleased with progress
Communications and advertising outfit Mission Marketing anticipates profits and revenues to have moved ahead in its last trading year.
Shield Therapeutics promotes Karis to chairman
Commercial stage pharmaceutical outfit Shield Therapeutics elevated James Karis to the role of non-executive chairman on Tuesday.
Dixons Carphone backs FY profit guidance after mixed Christmas trading
Dixons Carphone backed its full-year profit guidance on Tuesday as it reported mixed trading over the Christmas period, with electricals sales up but mobile sales down.
Out-of-date software a big security risk for PC users, says Avast
Digital security products provider Avast released its annual ‘PC Trends Report’ for 2019 on Tuesday, which suggested that 55% of PC applications installed worldwide were out-of-date, making PC users and their personal data vulnerable to security risks.
Funds under direction fall for IntegraFin's Transact platform
IntegraFin Holdings issued its quarterly funds under direction update for Transact - its platform providing services to UK clients and their financial advisers - on Tuesday.
Midwich revenues soar as 'encouraging growth' continues
Audiovisual products distributor Midwich has seen the seen the strong trading momentum witnessed in its first-half carry on into the second.
FDM pleased with growth in Mountie numbers at year-end
FDM updated the market on its trading for the period ended 31 December on Tuesday, saying it delivered a “good” operational performance in the second half, with the board expecting the group's financial performance for the year to be in line with its expectations.
Slendebroek out, Formica in as CEO of Jupiter Fund Management
Jupiter Fund Management announced on Tuesday that Maarten Slendebroek would be stepping down as chief executive officer and as a director of the company, with effect from 1 March.
Assura boosts rental income with £67m of acquisitions
Primary care property investor and developer Assura completed the acquisition of eight medical centres in the third quarter for £67m, lifting its rental income.
London open: Stocks fall ahead of jobs data; EasyJet bucks trend
London stocks fell in early trade on Tuesday, taking their cue from a downbeat Asian session as investors eyed a slew of key UK jobs data.
IG Group's first-half profits fall 18%
IG Group sales and profits fell in the first half as stringent new rules were imposed by the European securities regulator.
Gatwick drones, Airbus delays among struggles for easyJet
EasyJet updated the market in its trading for the quarter ended 31 December on Tuesday, saying it delivered a “good” performance, with robust customer demand driving passenger and ancillary revenue which is in line with expectations.
Land Securities launches flexible office brand
The flexible office sector is about to get even more crowded, as Land Securities has launched a new business, called Myo, to compete with the likes of US-based WeWork, and domestic players IWG and Workspace.
Tuesday newspaper round-up: Brexit, Patisserie Valerie, Rolls-Royce, Apple
Up to 40 members of the government will resign next week if Conservative MPs are banned from voting for a plan to stop a no-deal Brexit, No 10 has been told. Amber Rudd, the work and pensions secretary, has demanded that all Tory MPs are allowed a free vote on plans that would clear the path for extending Article 50 — the mechanism by which Britain leaves the European Union. - The Times.
Close Brothers' securities arm hit by volatile equity markets
FTSE 250 merchant bank Close Brothers said on Tuesday that its performance over the five months to 31 December 2018 was solid overall, but volumes and trading income at its securities arm, Winterflood, were hit by volatile equity markets.
London pre-open: Stocks seen lower on weak Asian cues, ahead of jobs data
London stocks were set for a weaker open on Tuesday, taking their cue from a downbeat session in Asia as investors eye a slew of key UK jobs data.