Market Report
Apple barely tops estimates, falls short on iPhone sales
Apple traded broadly in line with expectations during its all-important holiday quarter, though iPhone revenues came in below the reset guidance from its recent profit warning.
US close: Markets mixed amid choppy corporate earnings
Wall Street finished as its started on Tuesday - in a mixed state - amid fresh trade tensions between the US and China and a slew of high-profile earnings.
Ebay beats the Street, institutes first-ever dividend
Online marketplace Ebay topped Wall Street estimates for quarterly sales on Tuesday after customers opened their wallets along with their hearts during the all-important holiday season.
Bonds: Investors stay on the sidelines ahead of votes in Parliament, US Fed
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
Commodities: Saudi pledges deeper oil output cuts
Commodity futures bounced back on Tuesday, helped by improved risk appetite and a commitment from Saudi to reign in crude oil output further.
Europe close: Shares bounce back ahead of key risk events
Stocks on the Continent finished the session with moderate gains, even as the fog of uncertainty over Tuesday night's Brexit votes in the British parliament thickened.
London close: FTSE outperforms European peers ahead of Brexit vote
Equity markets in London outperformed extended gains by midday on Tuesday amid gains for commodities stocks, while defensive stocks were on the rise as investors eyed the second parliamentary vote on Theresa May’s Brexit ‘Plan B’ and continued to keep an eye on US-China trade relations.
Wednesday preview: Brexit amendment votes, FOMC decision in focus
All eyes on Tuesday will be on the result of the various votes in the British Parliament on MPs' proposed amendments to the Prime Minister's Plan B on the UK's Withdrawal.
US open: Mixed start to trading as trade tensions heighten
Wall Street opened with some mixed trading on Tuesday amid fresh trade tensions between the US and China and a slew of high-profile earnings.
Director dealings: Caledonia Investments directors increase holdings
Three directors of Caledonia Investments upped their stake in the FTSE 250 resident on Tuesday.
Broker tips: British American Tobacco, DS Smith, Electrocomponents, Halma, Diploma
Analysts at Piper Jaffray upgraded British American Tobacco from 'neutral' to 'overweight' on Tuesday, noting the industry giant's valuation appeared "attractive" at current levels.
FTSE 250 movers: UDG Healthcare climbs, PZ Cussons washed away
London’s FTSE 250 was down 1. 02% at 18,723. 48 in afternoon trade on Tuesday, with PZ Cussons and Royal Mail leading the way down.
FTSE 100 movers: DS Smith rallies on JPM note; Hargreaves drops on results
London's FTSE 100 was up 1. 6% to 6,855. 15 in afternoon trade on Tuesday ahead of the parliamentary vote on Theresa May's Brexit 'Plan B'.
Denmark calls for EU sanctions against Russia over Azov Sea
Denmark’s foreign minister Anders Samuelsen said on Tuesday that the European Union should impose sanctions on Russia over what he termed as its recent “aggressive behaviour” in the Azov Sea.
Smurfit Kappa secures new €1.35bn revolving credit facility
Corrugated packaging group Smurfit Kappa has signed an unsecured €1. 35bn revolving credit facility with 21 of its existing relationship banks.
Berenberg upgrades Electrocomponents, downgrades Halma and Diploma
Berenberg downgraded its stance on a number of UK industrial stocks on Tuesday, but lifted its recommendation on Electrocomponents, mostly on valuation grounds.
Team17 to beat revenue expectations for 2018 year
Video games label, creative partner and independent developer Team17 updated the market on its trading for the year ended 31 December on Tuesday, reporting it continued to see strong sales momentum in the second half, particularly in the sales of third-party titles such as Overcooked 2.
Netcall pleased with progress in switch to cloud-based model
Low-code and customer engagement software provider Netcall updated the market on its trading for the six months ended 31 December on Tuesday, saying it anticipated first-half revenues of around £11. 4m, up from £10. 7m year-on-year, and adjusted EBITDA of approximately £2. 0m.
Ilika begins car battery project with McLaren Automotive
Solid-state battery technology company Ilika has started the MoSESS project led by McLaren Automotive, it announced on Tuesday, to develop its Stereaxâ Goliath batteries to power high-performance vehicles.
Next 15 to end year in line with expectations
Digital marketing and communications group Next Fifteen Communications updated the market on Tuesday, ahead of its results for the year ending 31 January, saying it anticipated that they would be in line with the board's expectations.