Market Report
Ebiquity warns of flat profits
Marketing and media firm Ebiquity expects profitability to remain unchanged in its current trading year as it fulfils contractual obligations related to the sale of its advertising intelligence unit to Nielsen.
Osirium scores contract with mystery IT services outfit
Cybersecurity firm Osirium Technologies has scored a deal to provide an unnamed IT services outfit with access to its full PxM platform.
Morses Club buys Hays Credit
Home collected credit lender Morses Club has announced the acquisition of rival Hays Credit for an undisclosed sum.
Velocys amends reactor deal with Red Rock Biofuels
Velocys announced on Tuesday it has agreed a series of amendments in its licensing contracts with Red Rock Biofuels (RRB), regarding RRB's license of Velocys Fischer-Tropsch reactors and proprietary catalyst for the RRB biorefinery under construction in Lakeview, Oregon.
Ranger Direct confirms new management and valuation arrangements
Ranger Direct Lending Fund updated the market on its management on Tuesday - the day its investment management agreement with Ranger Alternative Management II terminated, as it had previously indicated.
Kvaerner revenue up even as field development segment slows
Kvaerner updated the market on its trading for the fourth quarter and full 2018 calendar year on Tuesday, reporting “sound results”, in line with what it had previously communicated.
Firestone Diamonds recovers 70-carat diamond from Lesotho mine
Firestone Diamonds has recovered a 70-carat white, "makeable" diamond from its Liqhobong mine in Lesotho.
AA full-year earnings to be bang in line with guidance
Roadside assistance and insurance company AA said on Tuesday that full-year trading profit will come in bang in the middle of its guidance range.
London open: Stocks rise amid signs of Sino-US progress; Tui and Plus500 tumble
London stocks edged up in early trade on Tuesday, taking their cue from an upbeat session in Asia, as investors welcomed signs of improvement in Sino-US trade talks and news that another US government shutdown has been averted.
Debenhams bounces over bridge loan, new sourcing partnership
Debenhams has secured a 12-month bridge loan providing as it looks to thrash out a long-term solution to its debts, and has teamed up with a new Hong Kong sourcing partner for its own-brand products.
Kainos to build new headquarters at Belfast cinema
Digital services and platforms provider Kainos Group has agreed to acquire a site for the development of its future Belfast headquarters, it announced on Tuesday.
Echo Energy shutting in well after disappointing testing
Echo Energy updated the market on its mechanical stimulation and testing operations on the EMS-1001 well in its Fracción C licence, onshore Argentina, on Tuesday, confirming they had now been completed.
CYBG enters personal lending joint venture with Salary Finance
CYBG announced on Tuesday that its wholly-owned subsidiary Clydesdale Bank had entered into a joint venture with Salary Finance, to add an “innovative channel” to its personal lending business.
Stagecoach gets short extension to East Midlands Trains franchise
Stagecoach Group confirmed on Tuesday that its subsidiary, East Midlands Trains, has agreed a new short-term rail franchise with the Department for Transport.
Tui's first-quarter losses widen after hot summer
Tui said on Tuesday that losses widened in the first quarter, just days after the tour operator downgraded its full-year earnings outlook on the back of warm weather and the weak pound.
Indivior applies to Supreme Court to block generic rivals
Indivior said it will petition the US Supreme Court to block a decision by the Court of Appeals of the Federal Circuit to allow other companies to sell their generic versions of its anti-opioid treatment.
Indivior seeks to block latest court ruling, Stagecoach gets short extension to rail franchise
London open The FTSE 100 is expected to open 15 points higher on Tuesday, having closed up 0. 82% at 7,129. 11 on Monday.
London pre-open: Stocks seen up on Asian cues; eyes on Theresa May
London stocks were set for a firmer open on Tuesday, taking their cue from an upbeat session in Asia.
Tuesday newspaper round-up: Facebook, Revolut, IAG
The gathering storm of human-caused threats to climate, nature and economy pose a danger of systemic collapse comparable to the 2008 financial crisis, according to a new report that calls for urgent and radical reform to protect political and social systems. The study says the combination of global warming, soil infertility, pollinator loss, chemical leaching and ocean acidification is creating a “new domain of risk”, which is hugely underestimated by policymakers even though it may pose the greatest threat in human history.