Market Pulse
Broker tips: Astrazeneca, Mondi
Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200. 0p to 1,300. 0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
Director dealings: Dunelm non-executive director makes share purchase
Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer.
FTSE 100 movers: Airlines, BP in the red
London’s FTSE 100 was up 1. 2% at 8,313. 67 in afternoon trade on Tuesday.
London close: Stocks jump on return from long weekend
London markets closed on a high note on Tuesday, as the top-flight index surged to record highs, buoyed by positive momentum from the US and European markets.
London midday: Stocks rally as they play catch-up with US, European gains
London stocks were still firmly in the black by midday on Tuesday, with the FTSE 100 hitting record highs as markets played catch up with gains seen in the US and Europe a day earlier.
Jefferies raises target price on Mondi
Jefferies upped its target price on paper and packaging business Mondi from 1,650. 0p to 1,700. 0p on Tuesday following the group's first-quarter trading update.
Berenberg hikes target price on Astrazeneca
Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200. 0p to 1,300. 0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
MTI Wireless Edge secures orders with Israeli customers
Technology group MTI Wireless Edge has received three orders totalling approximately $3. 0m, most of which will be supplied in the current financial year.
US open: Mixed start to trading, Dow on track for fifth consecutive daily win
Wall Street trading got off to a mixed start on Tuesday as the blue-chip Dow Jones looks to register its fifth positive session in a row.
Carpetright axing more than 25% of head office staff - report
Carpet retailer Carpetright is reportedly axing more than 25% of its head office staff as it grapples with a protracted downturn in trading.
Abingdon Health acquires IVDeology in £0.7m deal
Lateral flow contract research, development and manufacturing provider Abingdon Health announced the acquisition of IVDeology and its subsidiaries on Tuesday, for up to £0. 7m.
Northern Bear trades well despite 'significantly higher rainfall than normal' in H2
Building and support services business Northern Bear said on Tuesday that it has continued to trade well over the six months ended 31 March despite a "significantly higher rainfall than normal" during the period.
Aferian extends maturity dates on bank facilities, shareholder loan
Video streaming specialist Aferian announced an extension of the maturity dates for its senior loan facilities and shareholder loan on Tuesday.
US pre-open: Dow looks to log fifth winning session
Wall Street futures were little changed ahead of the bell on Tuesday as the blue-chip Dow Jones looks to register its fifth positive session in a row.
Seeing Machines reports strong third quarter
Shares in driver monitoring technology company Seeing Machines were rising on Tuesday, after it reported a strong set of performance indicators for its third quarter.
Nexxen launches $50m share buyback programme
Connected television advertising technology company Nexxen International announced the start of a new share repurchase programme of up to $50m on Tuesday.
Revolution Bars in talks with 32 potential buyers
Revolution Bars said on Tuesday that it is in talks with more than 30 potential suitors in the search for a buyer to rescue the business.
AdvT to acquire Celaton amid robust trading
Business software and solutions specialist AdvancedAdvT announced an agreement to acquire Celaton on Tuesday, in a deal valued at £5m net of cash acquired.
Totally flags solid full-year performance in challenging market
Healthcare services provider Totally said in an update on Tuesday that despite a challenging market environment, it had seen a solid performance in the financial year just ended thanks to the results of its strategic review.
SEEIT sells UU Solar portfolio for £90.8m
SDCL Energy Efficiency Income Trust (SEEIT) announced the sale of its UK onsite solar portfolio, UU Solar, to UK Power Networks Services on Tuesday, for £90. 8m.