Market Report
Angling Direct on track for the year after record Black Friday week
Fishing tackle and equipment retailer Angling Direct said on Tuesday that it was on track to meet its full-year expectations following a record Black Friday performance.
Scanship wins wastewater contract for two new mega cruise ships
Norwegian wastewater purification and waste management systems provider Scanship Holding has entered into a contract with an unnamed “major” European shipyard for delivery of advanced wastewater purification (AWP) systems to two mega cruise new builds.
London open: Stocks fall on weak US and Asian cues
London stocks fell in early trade, taking their cue from a selloff on Wall Street that saw the S&P 500 close at a 14-month low amid worries about economic growth.
Randgold Resources declares its last dividend ahead of merger with Barrick
Randgold Resources announced on Tuesday that, in anticipation of the completion of the all-share merger of Randgold and Barrick Gold Corporation via a scheme of arrangement, it has recommended an interim dividend payment of $2. 69 per share.
Dechra Pharmaceuticals trading in line after first quarter
Dechra Pharmaceuticals updated the market on its trading on Tuesday, reporting that performance in its first quarter was in line with management expectations.
Dechra completes acquisition of Brazil's Venco
Dechra Pharmaceuticals confirmed the completion of the acquisition of the entire share capital of Laboratórios Vencofarma do Brasil (Venco), based in Londrina , Brazil on Tuesday,.
Diamond sales at Anglo's De Beers rise in 10th cycle
Anglo American said on Tuesday that the value of rough diamond sales at its De Beers unit rose in the tenth sales cycle of 2018.
London pre-open: Stocks seen lower on weak US and Asian cues
London stocks were set for a weaker open on Tuesday, tracking losses in the US and Asia as investors grew increasingly concerned about global growth.
Wood Group wins 10-year Sellafield contract, Petrofac trading in line with forecasts
London open The FTSE 100 is expected to open 56 points lower on Tuesday, having closed down 1. 05% at 6,773. 24 on Monday.
Tuesday newspaper round-up: House prices, accounting firms, Google, Zuckerberg
House prices will stagnate in 2019 and the number of sales fall as a mixture of Brexit and affordability constraints takes its toll on the property market, according to Britain’s surveyors and valuers. The Royal Institution of Chartered Surveyors (Rics) said it expected the number of house sales to fall back by 5% to around 1. 15m compared with 2018. The number of sales will remain sharply below the 1. 7m that changed hands in the peak year of 2006. – Guardian.
US close: Markets end session lower as investors look to Fed
US stocks ended the session as it started on Monday - in the red - as investors eyed the latest policy announcement from the Federal Reserve due later this week amid expectations of a 25 basis points rate hike.