Market Pulse
Broker tips: Greggs, Inchcape, Unilever
Shore Capital has maintained a 'hold' rating on Greggs despite a strong start to the year from the bakery chain, saying that the shares look "up with events for now".
London close: Stocks manage gains as unemployment rises
London stocks closed higher on Tuesday, as investors analysed the latest UK jobs data and remarks from Bank of England chief economist Huw Pill.
Director dealings: Carr's Group director makes share purchase
Carr's Group revealed on Tuesday that senior independent director Gillian Watson had acquired 37,254 shares in the London-listed agriculture and engineering company.
Klarna edges closer to $20bn float - report
Buy now pay later firm Klarna has reportedly cleared a crucial hurdle on its journey towards a stock market flotation expected to value it at as much as $20bn (£15. 9bn).
FTSE 100 movers: Ocado surges; Anglo American in the red
London’s FTSE 100 was up 0. 2% at 8,428. 30 in afternoon trade on Tuesday.
US open: Stocks higher as investors thumb over PPI data
Wall Street stocks were higher early on Tuesday as market participants digested key inflation data.
IQGeo to be taken private by KKR in £316m deal, shares surge
Shares of IQGeo Group surged on Tuesday as it agreed to be taken over by private equity firm KKR in a £316m deal.
US pre-open: Futures cautiously higher ahead of PPI reading
Wall Street futures were slightly higher ahead of the bell on Tuesday as market participants awaited key inflation data.
Serica Energy taps Chris Cox as its new CEO
Independent upstream oil and gas firm Serica Energy announced the appointment of Chris Cox as its new chief executive officer on Tuesday, effective 1 July.
Hutchmed China launches two cancer treatment trials
Hutchmed China announced the start of two significant clinical trials on Tuesday, aimed at addressing critical unmet needs in cancer treatment.
Revenue rises, profits set to shrink for Gateley
Professional services group Gateley said in an update on Tuesday that it expected robust revenue growth of 5. 7% for the financial year just ended, surpassing £172m, compared to £162. 7m in the prior year.
Renew Holdings reports another record trading performance
Engineering services group Renew Holdings reported another record trading performance in its half-year results on Tuesday, with revenue rising 17. 2% year-on-year to £552. 8m.
London midday: FTSE touch firmer after jobs data, Pill comments
London stocks were still just a touch firmer by midday on Tuesday as investors mulled the latest jobs data and comments from Bank of England chief economist Huw Pill.
Home Depot Q1 revenue beats forecasts, comparable sales miss
Home Depot reported a slight dip in first-quarter comparable sales on Tuesday, although its earnings per share of $3. 63 slightly surpassed analysts' expectations of $3. 60.
Marston's delivers 'strong' LFL sales growth in H1, sees busy summer ahead
Brewing company Marston's said on Tuesday that it had delivered "strong" like-for-like sales growth in H1, driving "good growth" in pub operating profits.
Amaroq Minerals makes strong progress in first quarter
South Greenland-focussed mine developer Amaroq Minerals reported decent operational progress in its first quarter on Tuesday, as it maintained a robust total liquidity position of $96. 31m in cash reserves, undrawn revolving credit facilities, and available funds.
Luceco revenue, profits rise in first quarter
Wiring accessories, electric vehicle chargers, LED lighting and portable power products specialist Luceco reported strong first-quarter revenue growth on Tuesday, rising 6. 2% year-on-year to £51m, or 4. 5% on a like-for-like basis.
Aptitude Software confident in full-year performance
Aptitude Software said in an update on Tuesday that it was confident in its performance for 2024, as ongoing organisational changes yielded positive progress, particularly in accelerating Fynapse readiness and delivery, supported by strategic partnerships.
Biden administration to hike tariffs on $18bn of Chinese goods
The Biden administration announced significant tariff increases on $18bn worth of Chinese imports overnight on Monday, targeting sectors such as electric vehicles (EVs), solar panels, steel, aluminium, and more.
On the Beach warns of 'challenging' value trading, on track for 'record summer'
Online travel agency On the Beach warned that trading in the package holidays market had been "challenging" but still said it expects to deliver "a record summer" in terms of bookings.