Market Pulse
Broker tips: Halma, Asos, Johnson Matthey
Barclays upgraded Halma to 'overweight' from 'equalweight' on Tuesday and lifted its price target on the stock to 2,650. 0p from 2,425. 0p.
London close: Stocks slip ahead of ECB, US inflation print
London markets closed lower on Tuesday, as investors braced for a key US inflation reading as well as a policy announcement from the European Central Bank later in the week.
Director dealings: Literacy Capital director makes share purchase
Literacy Capital revealed on Tuesday that director Christopher Sellers had acquired 17,500 ordinary shares in the London-listed investment company.
CVC Capital Partners eyeing €15bn float - report
Private equity firm CVC Capital Partners could launch a stock market flotation as early as next week, it emerged on Tuesday.
US open: Stocks mixed as investors look ahead to CPI reading
Wall Street trading got off to a mixed start on Tuesday as market participants continued to wait for the release of March's all-important inflation data tomorrow.
FTSE 100 movers: Fresnillo shines; BAE Systems under the cosh
London’s FTSE 100 was up 0. 2% at 7,960. 54 in afternoon trade on Tuesday.
Diaceutics appoints new VP of marketing
Diaceutics, a technology and solutions provider catering to the pharmaceutical and biotech industry, announced the appointment of Amie Mc Neice as vice-president of marketing on Tuesday.
Wildwood operator Tasty to shut around 20 sites in restructuring
Restaurant operator Tasty said on Tuesday that it was planning to close around 20 loss-making sites as part of a restructuring, as it continues to "navigate through challenging times".
Frasers, Next interested in Ted Baker’s European retail arm - report
Mike Ashley’s Frasers Group and Next have reportedly expressed an interest in purchasing Ted Baker’s stricken European retail arm.
Berenberg hikes target price on Johnson Matthey
Analysts at Berenberg raised their target price on diversified chemicals business Johnson Matthey from 1,650. 0p to 1,800. 0p on Tuesday but said the performance of its shares will likely depend on three factors.
NFIB US small business optimism index hits 11-year low
The National Federation of Independent Business' small business optimism index fell for a third consecutive month in March, dropping to 88. 5 - the lowest reading since December 2012 and well below forecasts for a print of 90. 2.
London midday: FTSE flat as investors eye US CPI, ECB announcement
London stocks were steady by midday on Tuesday as investors eyed the latest US inflation reading, a policy announcement from the European Central Bank and the start of earnings season across the pond.
US pre-open: Futures lower as investors continue to wait for March CPI reading
Wall Street futures were trading lower ahead of the bell on Tuesday as market participants continued to wait for the release of March's all-important inflation data tomorrow.
Concurrent Technologies unveils new VME processor board
Concurrent Technologies unveiled the latest addition to its VME range of embedded processor boards on Tuesday, dubbed ‘Rhea’.
Boku authorised as Payment Aggregator in India
Mobile payment technology specialist Boku announced on Tuesday that the Reserve Bank of India (RBI) had granted full authorisation to its Indian entity, Boku IN, to operate as a ‘Payment Aggregator’.
Pantheon Resources shares jump on updated independent report
Pantheon Resources shares jumped on Tuesday morning, after it announced the findings of its updated independent expert report (IER).
Botswana Diamonds set to use AI to analyse database
Botswana Diamonds announced plans to integrate artificial intelligence (AI) techniques into its extensive Botswana database on Tuesday.
Macquarie emerges as a lender to Thames Water parent
Australian investment bank Macquarie emerged as one of the lenders involved in Thames Water's financial struggles on Tuesday, seven years after its ownership of the utility ended.
Central Asia Metals reports 'good start' to 2024
Central Asia Metals updated the market on operations in its first quarter on Tuesday, at the Kounrad copper recovery plant in Kazakhstan and the Sasa zinc-lead mine in North Macedonia.
Impax reports rise in quarterly assets under management
Impax Asset Management said in its second-quarter update on Tuesday that its total assets under management had reached £39. 6bn by 31 March, reflecting a 1. 3% increase over the three-month period.