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Market Pulse
10 Dec
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Moonpig swings to first-half loss

Moonpig said on Tuesday that it swung to a pre-tax loss in the first half as it pointed to "challenging" trading in its Experiences segment.

10 Dec
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RBC upgrades Hikma Pharmaceuticals to 'outperform'

Analysts at RBC Capital Markets upgraded Hikma Pharmaceuticals from 'sector perform' to 'outperform' on Tuesday as it took a look at the wider European pharmaceutical and biotechnology sector.

10 Dec
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UK supermarket sales set to top £13bn in December

UK supermarket sales are set to surpass £13bn in December for the first time, according to fresh data from Kantar on Tuesday, as shoppers geared up for the Christmas season.

10 Dec
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Asia report: Markets mixed as RBA holds interest rate

Asia-Pacific markets finished with a mixed performance on Tuesday, as China's stimulus pledges buoyed investor sentiment, offsetting Wall Street's cautious start to the week.

10 Dec
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Goldman Sachs upgrades British Land to 'buy'

Goldman Sachs upgraded its stance on British Land on Tuesday to ‘buy’ from ‘neutral’, citing a stronger growth outlook, as it took a look at European real estate stocks.

10 Dec
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Hvivo strikes £11.5m RSV contract with existing client

Contract research organisation Hvivo has struck a £11. 5m Respiratory Syncytial Virus contract with an "existing top-tier global pharmaceutical client".

10 Dec
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Great Portland Estates inks new lease agreement with Heineken UK

Property development and investment firm Great Portland Estates said on Tuesday that Heineken UK has signed a new office lease for 17,000 square foot at its wells&more asset in West London.

10 Dec
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London open: Stocks fall; Ashtead planning to switch primary listing to US

London stocks fell in early trade on Tuesday following a downbeat session on Wall Street and as sentiment took a hit after another London-listed firm announced plans to move its primary listing to the US.

10 Dec
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Smiths News renews Reach contract through 2029

News wholesaler and distributor Smiths News announced a new long-term distribution contract with Reach, the UK’s largest commercial news publisher, on Tuesday.

10 Dec
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Begbies Traynor upbeat after strong first half

Professional services consultancy Begbies Traynor reported a strong set of half-year results on Tuesday, with substantial growth in revenue and profitability.

10 Dec
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Prudential mulling sale of stake in Eastspring Investments - report

Prudential is reportedly considering options for its asset manager Eastspring Investments that include selling a minority stake to help broaden the business.

10 Dec
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Tortilla raises UK revenue forecast, delays France rebranding

Fast-casual restaurant chain Tortilla Mexican Grill reported a strong performance in its core UK market in a trading update on Tuesday, as well as strategic developments in France.

10 Dec
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FirstGroup agrees to buy RATP London in £90m deal

FirstGroup announced an agreement to acquire London bus operator RATP Dev Transit London the French state-owned from RATP Développement on Tuesday, for an enterprise value of £90m.

10 Dec
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London pre-open: Stocks seen down on weak US cues

London stocks were set to fall at the open on Tuesday following a downbeat session on Wall Street.

10 Dec
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Tuesday newspaper round-up: Rupert Murdoch, Tesla, HSBC

Rupert Murdoch’s three adult children will retain control over their father’s media empire upon his death, a Nevada court has ruled after Murdoch launched a campaign to wrest away their power and give it all to his oldest son. The New York Times reported on Murdoch’s loss, citing a sealed court decision that was filed on Saturday. The family battle took place outside of the public’s eye, despite attempts from the media to gain access to the trial. – Guardian.