Market Report
Nokia shows off 5G tech at live pilot in Singapore
Nokia and StarHub have completed the first outdoor pilot of ‘5G New Radio’ on the 3. 5GHz frequency band in Singapore, it was announced on Tuesday.
Thomas Cook yanks dividend after third profit warning of year
Thomas Cook has withdrawn its dividend as it cut its annual profits guidance for the third time this year and said bookings for the coming winter were down 3% on last year and there had been a "mixed start" to for summer 2019.
Inland Homes trading in line as it explores new initiatives
Housebuilder and regeneration specialist Inland Homes updated the market on its trading on Tuesday, reporting that its strategy to focus on affordably priced, good quality homes in the South East of England, as well as partnership housing and land trading, was providing a platform for strong operational and financial performance during the rest of the financial year.
PureTech's Vedanta begins phase 1 study of VE202
Biopharmaceutical company PureTech Health announced on Tuesday that its investee Vedanta Biosciences was starting a Phase 1 clinical study of VE202, its orally-administered live biotherapeutic product (LBP) candidate for inflammatory bowel disease (IBD).
Hikma in five-year licensing and supply agreement with China's Hansoh
Hikma Pharmaceuticals has announced a five-year licensing and supply agreement with China's Hansoh Pharmaceutical Group.
Philip Howell to retire as Rathbone Brothers CEO
Rathbone Brothers announced on Tuesday that, after achieving what its board called a successful period of considerable growth, Philip Howell would retire as its chief executive officer and from the board by the 2019 annual general meeting on 9 May next year.
Quiz revenue rises amid strong online sales
Fast-fashion company Quiz posted a drop in underlying interim profits on Tuesday, but revenues and reported profit rose amid continued growth across all channels despite "challenging external market conditions".
Victoria reports further progress in first half
Floor coverings outfit Victoria increased revenues and profits in the first half of its trading year thanks to a "continued successful execution" of the group's growth strategy.
London open: Stocks nudge lower as Thomas Cook tanks on profit warning
London stocks nudged a touch lower in early trade on Tuesday, with Thomas Cook sharply lower after another profit warning and sterling under the cosh.
GCP Infrastructure adds another £15m to revolving credit facility
Infrastructure debt-focussed listed fund GCP Infrastructure Investments updated the market on its revolving credit facility on Tuesday, having announced that it had entered into new revolving credit arrangements for an aggregate amount of £150m on 27 March.
Energean confirms first steel cut on Tanin FPSO
Exploration and production company Energean Oil and Gas announced on Tuesday that first steel was cut on the Karish and Tanin floating production storage and offloading (FPSO) vessel.
Amigo Holdings profit and revenue rise as customer numbers grow
High interest lender Amigo Holdings reported a rise in revenue and profit on Tuesday in its first interim results since its IPO in July as customer numbers grew.
CRH instructs Merrill Lynch on third phase of share buyback programme
CRH updated the market on the third phase of its share buyback programme on Tuesday - a one-year programme of up to €1bn of share repurchases, which it announced on 25 April.
Greggs raises profit forecast as sales continue to rise
Bakery chain Greggs updated the market on its trading on Tuesday, reporting that the improved trading performance it saw in its third quarter update had strengthened further during October and to date in November.
UDG Healthcare profits rise as Ashfield and Sharp drive earnings
FTSE 250 healthcare services provider UDG Healthcare posted a jump in full-year profit on Tuesday as its two global platforms, Ashfield and Sharp, continued to drive earnings.
Intertek reaffirms 2018 revenue target, Thomas Cook withdraws dividend
London open The FTSE 100 is expected to open nine points lower on Tuesday, having closed up 1. 2% at 7,036. 00 on Monday.
London pre-open: Stocks to edge lower as US-China hopes fade
London stocks were set to edge lower at the open on Tuesday as optimism about easing trade tensions between the US and China faded.