Market Pulse
Broker tips: Currys, Essentra
Canaccord Genuity has initiated coverage on workforce benefits and health insurance provider Personal Group on Tuesday with a 'buy' rating and 209. 0p target price.
London close: Stocks mixed as US consumer confidence slides
London's financial markets closed with mixed results on Tuesday as investors weighed a fall in consumer confidence in the US, as well as a batch of fresh stimulus measures in China.
Director dealings: Dr Martens director makes share purchase
Dr Martens revealed on Tuesday that non-executive director Andrew Harrison had acquired 58,220 ordinary shares in the FTSE 100-listed iconic bootmaker.
FTSE 100 movers: Miners rally; Smiths Group falls on results
London’s FTSE 100 was up 0. 1% at 8,271. 32 in afternoon trade on Tuesday.
US open: Stocks mixed following September consumer confidence reading
Wall Street stocks were mostly lower early on Tuesday following fresh consumer confidence data but the Dow Jones still looked set to build upon its record close.
Dunelm's biggest shareholder sells 4.9% stake in placing
Barclays said on Tuesday that Dunelm’s biggest shareholder, Will Adderley, and his private investment firm WA Capital, have sold a 4. 9% stake in the homeware retailer in a placing to institutional investors.
Blackstone, Vista Equity to buy Smartsheet in $8.4bn deal
Collaboration software maker Smartsheet rallied on Tuesday after agreeing to be bought by alternative asset manager Blackstone and global investment firm Vista Equity Partners in an $8. 4bn an all-cash deal.
Petards subsidiary wins police ANPR contract
Petards Group announced on Tuesday that its subsidiary QRO Solutions has secured a contract valued at over £0. 6m for the supply and installation of automatic number plate recognition (ANPR) systems to an existing UK police force customer.
Boeing makes 'best and final' offer to striking workers
The International Association of Machinists and Aerospace Workers called out Boeing after the aircraft manufacturer made its "best and final" offer to striking Boeing workers.
Agronomics investee Meatable awarded Dutch innovation funding
Agronomics announced on Tuesday that its portfolio company Meatable has been awarded €7. 6m in funding under the ‘Innovation Credit’ programme by the Netherlands Enterprise Agency (RVO).
Jim Mintern named CEO of CRH as Manifold retires
Building materials group CRH said on Tuesday that Albert Manifold has decided to retire as chief executive at the end of this year and will be succeeded by Jim Mintern.
Cohort flags even better first half after last year's record results
Cohort reported strong recent trading in an update on Tuesday, after its record full-year performance for 2024 saw strong growth in revenue, adjusted operating profit, and order intake, supported by a robust cash position.
US pre-open: Stocks little changed ahead of the bell
Wall Street futures were little changed ahead of the bell on Tuesday as the Dow Jones tries to build upon its record close.
Hutchmed partner Takeda gets Japanese approval for Fruzaqla
Hutchmed China announced on Tuesday that its partner Takeda has received approval from the Japanese Ministry of Health, Labour and Welfare (MHLW) to manufacture and market ‘Fruzaqla’, or fruquintinib, for the treatment of previously-treated metastatic colorectal cancer (CRC).
Revenue, adjusted earnings rise for Mortgage Advice Bureau
Mortgage Advice Bureau reported a 5. 4% improvement in first-half revenue on Tuesday, to £123. 9m, as gross profit increased 14. 5% to £37. 7m.
Fonix reports strong full-year performance
Fonix reported a strong full-year financial and operational performance on Tuesday, with significant growth in key markets and an expanded commercial offering.
Yu Group confident after first-half growth
Yu Group reported a robust first-half performance on Tuesday, with revenue surging 60% to £312. 7m, driven by strong organic growth in meter points.
London midday: Stocks stay up as miners rally on China stimulus
London stocks were still in the black by midday on Tuesday, with miners pacing the gains after China unveiled new stimulus measures.
Niox reports solid first-half performance
Niox Group reported a solid first-half performance on Tuesday, with revenue increasing 12% to £21m, or 15% on a constant currency basis.
Canaccord Genuity starts Personal Group at 'buy'
Canaccord Genuity has initiated coverage on workforce benefits and health insurance provider Personal Group on Tuesday with a 'buy' rating and 209. 0p target price.