Market Pulse
Broker tips: HSBC, Reckitt Benckisser, Watches of Switzerland
Citi said on Tuesday that it remains 'overweight' UK banks, with HSBC one of its top picks.
BoE's Huw Pill says rate cuts still some way off
The Bank of England’s chief economist, Huw Pill, said on Tuesday that rate cuts were still "some way off".
Tesla announces plans to cut 400 jobs in Germany
Tesla is set to trim around 400 positions at its German gigafactory near Berlin, it emerged on Tuesday, accounting for 3% of the factory's total workforce.
Europe close: Stocks rise as investors digest PMI data
European markets closed above the waterline on Tuesday, propelled by positive survey data from the eurozone that bolstered investor sentiment.
Watkin Jones names new CFO
Build-to-rent specialist Watkin Jones said on Tuesday that the underlying operating residential rental market "continues to perform well" throughout H1 and named a new chief financial officer.
Director dealings: Porvair CFO raises stake
Porvair revealed on Tuesday that chief financial officer James Mill had acquired 4,250 ordinary shares in the London-listed filtration and environmental technology group.
Getir investors said to fund European exit with new cash injection
Investors in grocery delivery app Getir, which at one point attained a valuation of almost £10bn, are reportedly set to inject yet more money into the company to fund its exit from the UK and Europe.
US open: Stocks higher as investors digest Q1 earnings
Wall Street stocks were in the green early on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
FTSE 100 movers: AB Foods rallies on results; miners slump
London’s FTSE 100 was up 0. 1% at 8,033. 08 in afternoon trade on Tuesday.
88 Energy raising AUD 9.8m to strengthen balance sheet
88 Energy announced its intention to raise up to AUD 9. 8m (£5. 23m) on Tuesday, to strengthen its balance sheet and provide capital for ongoing projects.
Bushveld updates Vametco mineral resources
Bushveld Minerals updated the market on mineral resources and reserves for the Vametco vanadium mine near Brits on the Western Limb of the Bushveld Complex on Tuesday.
Power Metal Resources completes Molopo drillhole
Power Metal Resources announced the completion of drillhole DDH1-14C at its Molopo Farms Complex project in southwestern Botswana on Tuesday.
PepsiCo Q1 profit boosted by international performance
US soft drinks and snack firm PepsiCo reported a rise in first-quarter earnings and sales on Tuesday, underpinned by a strong international performance.
US pre-open: Futures in the green as corporate earnings roll in
Wall Street futures were in the green ahead of the bell on Tuesday as corporate earnings from a number of the nation's biggest firms began to roll in.
Itim Group secures additional services contract with The Entertainer
Software-as-a-service technology company Itim Group has inked an additional professional services contract with toy retailer The Entertainer.
AB Foods lifts FY outlook as interim profits jump
Primark owner Associated British Foods posted a jump in interim profit and revenue on Tuesday as it lifted its full-year profit outlook.
Baron Oil replaces chairman
Exploration firm Baron Oil said on Tuesday the chairman John Wakefield has stepped down from the board as it made a series of changes to its governing structure.
Getech wins new contract with East Star
Subsurface resources location company Getech has won a new contract with Kazakhstan-focussed copper exploration business East Star Resources.
Jefferies upgrades Reckitt Benckiser to ‘hold’
Jefferies upgraded Reckitt Benckiser to ‘hold’ from ‘underperform’ on Tuesday and lifted the price target to 4,400p from 4,100p.
UK private sector output expands, cost pressures loom
Britain’s private sector saw robust expansion in April, according to fresh data on Tuesday, marking the sixth consecutive month of growth.