Market Report
Greene King confident about full year after record Christmas day sales
Pub operator Greene King posted a jump in like-for-like sales on Tuesday as it hailed "strong" trading over the Christmas period and expressed confidence over the full year.
US pre-open: Stocks to rise amid Sino-US hopes; Trump's wall speech eyed
US stock futures pointed to gains on Wall Street at the open on Tuesday as investors grew hopeful that the latest round of talks between the US and China would ease trade tensions.
Harworth's solid momentum continues into second half of trading year
Land and property developer Harworth turned in a strong operational performance for the second half of its trading year on Tuesday.
London midday: Stocks extend gains amid China-US hopes; Morrisons under pressure
London stocks had pushed further into the green by midday on Tuesday, underpinned by optimism over Sino-US trade talks, with Morrisons bucking the trend after a mixed update.
Osirium scores three-year cybersecurity contract with Fortune 500 oiler
Osirium on Tuesday signed a three-year contract to provide software and professional services to the UK arm of a Fortune 500 multinational integrated oil and gas company.
Stockmarket rout hammers US small business capex plans, NFIB says
Small business confidence in the US remained near historically-high levels in December, amid signs of strength in hiring and in companies' inventory planning, according to the results of one closely-followed survey.
Aquis Exchange ends year ahead of expectations
Exchange services group Aquis Exchange updated the market on its trading on Tuesday, confirming that it traded ahead of market expectations for the year ended 31 December, and expected to deliver revenues of £4m for the financial year.
Red Emperor Resources raises £2.8m in placing
Red Emperor Resources announced an oversubscribed placing to certain new and existing institutional and sophisticated investors, via its UK and Australian brokers on Tuesday, of 100 million new ordinary shares at an issue price of 2. 8p each, to raise £2. 8m before expenses.
Infrastructure India extends existing loans amid delays to refinancing
Infrastructure India has agreed the extensions to the maturity of an existing $48. 4m unsecured bridging loan facility originally provided in June 2017 by Cedar Valley Financial, and an existing $21. 5m working capital loan originally provided in April 2013 by GGIC, it announced on Tuesday.
UBS ups Ashtead to 'neutral' as slowdown priced in
UBS upped its stance on equipment rental company Ashtead to 'neutral' from 'sell' on Tuesday, lifting the target price to 1,800p from 1,700p as it said fears about a slowdown were priced in.
Euro area industrial confidence takes a turn for the worse in December
Confidence levels in the euro area were down almost across the board at the end of 2018 outside of the retail sector, according to the results of several closely-followed surveys.
Millennium & Copthorne to rebrand Mayfair hotel as The Biltmore
Millennium & Copthorne Hotels said on Tuesday that it will rebrand the Millennium Hotel London Mayfair as The Biltmore, Mayfair, as part of its plan to reposition it as a new five-star deluxe hotel.
Discounters win Christmas crown, with Sainsbury's the big loser
Shoppers continued their shift towards discounters Aldi and Lidl over Christmas, while Asda and Tesco enjoyed the best of the season among the big four supermarkets.
German manufacturing falls into recession in the fourth quarter
Industrial output in the euro area's largest economy weakened substantially in November with widespread declines seen across the different subsectors.
Staffline trades in line with expectations, debt rises on transformation costs
Recruitment and training group Staffline expects its full-year results to be in line with market expectations.
Sopheon partners with Hershey's in innovation portfolio transformation
Software provider Sopheon has inked a deal to support The Hershey Company in the digital transformation of its product innovation portfolios.
Europe open: China trade hopes boost shares
European shares opening in positive territory on Tuesday as the feel-good factor from Sino-US trade talks encouraged investors, albeit tinged with caution.
German industrial production slumps in November
German industrial production unexpectedly dropped in November for the third consecutive month, according to figures released by Destatis on Tuesday, prompting concerns that the country may have entered a technical recession at the end of last year.
London open: Stocks edge up on positive US cues; Morrisons drops after update
London stocks edged higher in early trade on Tuesday, taking their cue from a positive session on Wall Street as investors grew hopeful of an improvement in trade relations between the US and China.
RBC double-downgrades 'vulnerable' Vodafone
Vodafone and its dividend are "vulnerable", RBC Capital Markets said as it downgraded the telecoms giant's shares on Tuesday.