Market Pulse
Broker tips: Flutter Entertainment, Howden Joinery, Hochschild Mining, Man Group
Citi opened a 30-day "positive catalyst watch" on shares of Flutter Entertainment on Tuesday ahead of its results on 13 August.
London close: Stocks mixed after barrage of corporate updates
London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.
Director dealings: Franchise Brands director raises stake
Franchise Brands revealed on Tuesday that senior independent non-executive director Peter Kear had acquired 57,500 ordinary shares in the AIM-listed multi-brand franchisor.
US house prices rise at record pace for third month in a row
US house prices rose at a record-breaking pace for a third straight month in May, according to S&P Core Logic Case-Shiller.
Deutsche Bank downgrades Man Group to 'hold'
Deutsche Bank downgraded Man Group on Tuesday to ‘hold’ from ‘buy’ and cut the price target to 280p from 325p.
FTSE 100 movers: StanChart rallies on results; Diageo slumps
London’s FTSE 100 was flat at 8,293. 37 in afternoon trade on Tuesday.
US open: Stocks higher as Q2 earnings season picks up steam
Wall Street stocks were in the green early on Tuesday as investors digested another batch of Q2 earnings.
Vinted planning $500m share sale - report
Online marketplace Vinted has reportedly launched a share sale that could value it at as much as $5bn (£3. 9bn).
PayPal lifts full-year forecast after bumper second quarter
PayPal reported a strong set of second-quarter results on Tuesday, surpassing analyst expectations, as it hiked its full-year earnings forecast.
XLMedia H1 revenues slump following Gambling.com sale
Digital media firm XLMedia said on Tuesday that interim revenues had slumped following its $37. 5m sale of Gambling. com.
Uniphar flags positive first-half performance
Healthcare services business Uniphar announced a positive unaudited trading update for the six months ended 30 June on Tuesday.
Yellow Cake NAV per share narrows as uranium prices slip
Uranium investor Yellow Cake said in an update on Tuesday that during the June quarter, the spot price of uranium saw a slight decline of 1. 8%, from $87. 00 per pound on 31 March to $85. 50 on 28 June.
SigmaRoc ends first half ahead of expectations
Lime and limestone specialist SigmaRoc reported a first-half performance ahead of expectations in an update on Tuesday.
Citi puts Flutter Entertainment shares on ‘positive catalyst watch’
Citi opened a 30-day "positive catalyst watch" on shares of Flutter Entertainment on Tuesday ahead of its results on 13 August.
Somero lowers expectations after tough first half
Somero Enterprises said in a trading update on Tuesday that, while the broad US non-residential construction market remained healthy, its recent trading in North America had been impacted by project start delays and pauses due to elevated interest rates, labour shortages and concrete rationing.
Fintel flags solid first-half revenue, earnings growth
Fintech and support service provider Fintel flagged a 13. 3% increase in first-half core revenue on Tuesday, reaching £31. 2m.
Seeing Machines system gets approved for Wrightbus
Driver monitoring technology specialist Seeing Machines announced the successful approval of its Guardian Generation 3 driver monitoring solution for Wrightbus, the UK's largest electric bus manufacturer, on Tuesday.
US pre-open: Futures higher as traders await earnings
Wall Street futures were in the green ahead of the bell on Tuesday as investors braced for another day full of Q2 earnings.
London midday: Stocks in the red but StanChart, BP gain after results
London stocks were down but off earlier lows by midday on Tuesday as investors waded through a barrage of earnings and looked ahead to key US tech results, and rate announcements from the Federal Reserve and the Bank of England this week.
Forterra slashes dividend after challenging first half
Forterra reported a challenging first half on Tuesday, with revenue falling 11. 5% year-on-year to £162. 1m as the UK brick industry saw a 9% decline in despatches, and its own despatches in line with that trend.