Market Pulse
Broker tips: Bunzl, National Grid, Sainsbury
Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600. 0p to 2,700. 0p on Tuesday following the company's Q2 trading update.
London close: Stocks fall on EU inflation, US jobs data
London stocks closed lower on Tuesday as investors digested eurozone inflation data and a modest increase in US job openings.
Addison Lee owners said to be exploring sale
The owners of Addison Lee have reportedly begun exploring a sale of the company they took control of four years ago.
FTSE 250 movers: Real estate stocks up on Tritax Eurobox M&A activity
The FTSE 250 was keeping its head above water on Tuesday despite a wider sell-off across European stock markets with some big names in the real estate and investment sectors were lifted by M&A activity involving Tritax Eurobox.
Director dealings: Prudential director snaps up shares
Prudential revealed on Tuesday that non-executive director Jeremy Anderson had acquired 10,000 ordinary shares in the London-listed insurance company.
Tritax Eurobox says Brookfield offer deadline extended; in talks with other parties
Tritax Eurobox rallied on Tuesday after it said the deadline for Brookfield Asset Management to make an offer for the company has been extended, and that it had received other expressions of interest from a number of parties.
FTSE 100 movers: Beazley hit by Hurricane woes; 3i Group boosted by Citi note
London’s FTSE 100 was down 0. 5% at 8,125. 77 in afternoon trade on Tuesday.
Caspian Sunrise reports progress on several fronts
Caspian Sunrise updated the market on its recent activities on Tuesday, including well testing results, new drilling, and preparations for the charter of the Caspian Explorer.
US open: Stocks slightly lower as Powell speaks in Europe
Wall Street stocks were mostly lower early on Tuesday as market participants digested comments from Federal Reserve chairman Jerome Powell before the European Central Banking Forum.
Ilika completes technology transfer to FCA subsidiary Comau
Solid-state battery technology specialist Ilika announced a milestone in the development and commercialisation of its ‘Goliath’ large-format cells on Tuesday.
Tesla shares pop on better-than-expected delivery numbers
Tesla shares were rising on Tuesday, after it reported a smaller-than-expected decline in vehicle deliveries for the second quarter on the back of strategic price cuts and incentives designed to boost demand.
CleanTech announces results of plant location study
CleanTech Lithium announced the results of a plant location study on Tuesday, as part of the ongoing pre-feasibility study (PFS) for its Laguna Verde Project in Chile.
Shell pauses construction of Netherlands biofuels facility
Shell said on Tuesday that it has temporarily paused construction of a biofuels facility in the Netherlands.
Kitwave hikes first-half dividend despite weaker earnings
Kitwave Group reported an 8% increase in first-half revenue on Tuesday, to £297m for the six months ended 30 April, compared to £275m for the same period last year.
US pre-open: Futures lower ahead of Powell's ECB speech
Wall Street futures were in the red ahead of the bell on Tuesday as market participants looked ahead to a speech from Federal Reserve chairman Jerome Powell.
Central Asia Metals releases tailings storage compliance document
Central Asia Metals released a public disclosure document concerning the management of tailings storage facilities (TSFs) at its Sasa zinc-lead mine in North Macedonia on Tuesday.
hVIVO secures biggest field study contract to date
Specialist contract research organisation hVIVO announced its engagement in a phase 2b field study for an influenza drug candidate on Tuesday.
London midday: Stocks stay down; Sainsbury's under the cosh
London stocks were still in the red by midday on Tuesday as investors mulled eurozone inflation data and looked ahead to US jobs numbers.
Impact Healthcare sells five non-core care homes
Impact Healthcare announced the sale of five non-core care homes for £8. 8m on Tuesday, in line with their latest valuation as of 31 March.
Amaroq Minerals agrees $35m in new credit facilities
Amaroq Minerals announced an agreement in principle with Landsbankinn for $35m in three revolving credit facilities on Tuesday, making for a significant increase and extension of its current debt arrangements.