Market Report
ITV deal with Sky could be near, Liberum suggests
A tie-up between broadcaster ITV and Sky was looking more likely after the Disney-owned company signed a deal with STV at the start of the week, broker Liberum said on Tuesday.
Independent Oil & Gas expands core project in Southern North Sea
Independent Oil and Gas updated the market on its core development project in the UK Southern North Sea (SNS) on Tuesday, reporting that the two-phase project had been expanded to include the 108 BCF of 2C contingent resources assigned to the Goddard discovery by ERC Equipoise.
US and China narrow differences on trade, reports say
American and Chinese negotiators have reportedly made progress in talks, including on purchases of US goods and services, but the two sides are still not ready to finalise a deal.
WANdisco launches new SQL solution engineered with IBM
WANdisco has launched a new joint engineered solution with IBM to support relational database technology for the first time, significantly expanding its addressable market, it announced on Tuesday.
Codemasters teams up with NetEase to develop new mobile game
Video game developer and publisher Codemasters has entered into a joint development agreement with Nasdaq-listed NetEase - a China-based internet and online game services provider - to develop a new mobile game for the global market, it announced on Tuesday.
Kingswood Holdings snaps up finance veteran Patrick Goulding
Integrated wealth management group Kingswood Holdings announced on Tuesday that Patrick Goulding had joined its board as group finance director.
UK could be hit by new 'Beast-from-the-East', forecasters warn
Rising energy demand and travel chaos could be on the horizon as forecasters warn the UK may soon be plunged into sub-zero temperatures in a repeat of last year’s ‘Beast-from-the-East’.
San Leon Energy welcomes Eroton refinancing at OML 18
Africa-focussed oil and gas development and appraisal company San Leon Energy updated the market on the OML 18 reserves-based lending (RBL) facility held by Eroton, the operator of OML 18, on Tuesday.
Yourgene Health launches Sage 32 plex test
Molecular diagnostics group Yourgene Health announced the launch of the ‘Sage 32’ plex test - a high throughput non-invasive prenatal testing (NIPT) and analysis solution for clinical laboratories - on Tuesday.
Production volumes fall for Volga Gas in December
Russia-focussed oil and gas exploration and production group Volga Gas announced its average production volumes for December, and for the full 2018 year on Tuesday, reporting that in December, average gas processing capacity utilisation decreased by 4% compared to November.
Landore celebrates 53pc improvement in BAM Gold Deposit resource
Landore Resources reported its updated mineral resource estimate on the BAM Gold Deposit on its Junior Lake Property in Ontario, Canada on Tuesday, saying the new modelling had “significantly increased” the resource to 28,826,000 tonnes at 1. 03 grams per tonne, for 951,000 ounces of gold.
Electrocomponents surges on UBS, Jefferies upgrades
Electrocomponents surged on Tuesday as Jefferies upped the stock to 'buy' from 'hold' and UBS pushed it up to 'buy' from 'neutral'.
Asia report: Markets mixed as investors await outcome of trade talks
Markets in Asia finished in a mixed state on Tuesday, with investors holding their breath for news from the two-day trade discussions between Beijing and Washington.
Airbus hits 2018 target for jet deliveries
Airbus "operationally" hit its revised target for jet aircraft deliveries in 2018.
Sell Ryanair on elevated pricing risks, says Berenberg
Analysts at Berenberg downgraded low-cost carrier Ryanair from 'hold' to 'sell' on Tuesday as part of a note on the broader sector.
Superdry's chief product officer Brigitte Danielmeyer steps down
Fashion retailer Superdry said on Tuesday that Brigitte Danielmeyer has decided to leave her role as chief product officer for personal reasons, following a period of compassionate leave before Christmas.
House prices surge past expectations in December but overall trend weak
UK house prices rose much more than expected in December, according to the latest figures from mortgage lender Halifax, but the underlying trend remains weak.
Europe midday: Early gains on trade talk optimism stick, but traders very cautious
European shares are trading near their best levels of the session amid potentially positive signals ahead of the second day of US-China trade talks, although some traders remained of a decidedly cautious bent.
ITM Power sinks as first half losses widen
Energy storage and clean fuel outfit ITM Power made "significant progress" in the first half of its trading year but widening losses saw the group's shares tumble on Tuesday.
Joules defies retail gloom with solid festive sales
Lifestyle brand Joules defied the retail gloom on Tuesday as it said it continued to trade well over the festive period, putting it on course to achieve its pre-tax profit expectations for 2019.