Market Report
Micro Focus update on HPE Software earnings disappoints
Micro Focus International reported its own revenues were in line with expectations for the year to April but that earnings at HP Enterprise Software had softened ahead of the planned merger.
RedstoneConnect to buy Anders + Kern for £1.4m
RedstoneConnect has agreed to buy Easter Road Holdings and its subsidiary, Anders + Kern UK, for a cash consideration of £1. 4m.
William Hill races off thanks to wagering growth in first quarter
William Hill cleared the first quarterly fence, with growth in wagering and revenue across all four of the bookmaker's divisions but win margins tightening.
Centrica, SSE drop on May's energy cap plans
Utilities Centrica and SSE were under the cosh on Tuesday as Prime Minister Theresa May pledged to introduce a cap on domestic energy prices that could see prices drop for around 17 million families if she is re-elected on 8 June.
Construction boosts German industrial production in March
Industrial production in the euro area's largest economy was boosted by construction sector activity last month.
Europe open: Stocks start higher as traders look for direction
European stocks have begun the morning on the frontfoot, mimicking slights gains overnight in US trading amid much market commentary highlighting how equity volatility is at two-decade lows, which is sometimes a poor omen for shares.
Cello hails 'good start' to year
AIM-listed pharmaceutical and consumer strategic marketing group Cello said on Tuesday that it has had a good start to the year.
Intercede wins contract with 'major' US aerospace and defence contractor
AIM-listed Intercede has been awarded a MyID contract from a "major" US aerospace and defence contractor.
Spirax-Sarco steams off to strong start
Spirax-Sarco Engineering said sales growth in the first four months of the year has been ahead of last year, helped by an improvement in general industrial production growth rates.
Derek Mapp to replace Roger Matthews as Mitie chairman
FTSE 250 outsourcer Mitie said on Tuesday that Derek Mapp will take over as chairman from Roger Matthews at the annual general meeting on 26 July, when Matthews will step down after 11 years of service.
Tuesday newspaper round-up: Skills shortage, retail rebound, Co-op, Lloyds
The number of candidates available for jobs has hit a 16-month low, prompting fears that Brexit has triggered a skills shortage in areas ranging from IT to engineering to nursing. There was the steepest fall in availability for permanent and temporary roles in April since December 2015, according to a report from the Recruitment and Employment Confederation. - The Times.
International PPL raises £330m in initial issue
International Public Partnerships announced on Tuesday that the company has successfully completed its placing, open offer and offer for subscription.
Renewables Infrastructure buys Renfrewshire wind farm for £23m
The Renewables Infrastructure Group (TRIG) announced on Tuesday that it has completed the acquisition of a 100% interest in a UK operational wind farm, the Neilston Community Wind Farm.
London pre-open: Stocks seen muted; retail sales in focus
London stocks were set for a muted open on Tuesday following uninspiring cues from the US and Asia.