Market Report
Results round-up
Renold posted a rise in full-year operating profit and revenue on Tuesday thanks to strong growth in its chain division.
Sector movers: Profit-taking in pharma alongside bounce in Aston Martin, Petrofac
Defensives paced declines in the stock market on Tuesday even as equities slipped, albeit after having traded higher throughout most of the session.
London midday: Stocks pare gains as European indices drop on Italy woes
London stocks had pared gains by midday on Tuesday as their European counterparts retreated, but miners were strong and Galliford Try gained ground after rejecting a bid from Bovis Homes.
London open: Stocks rise as miners gain; Galliford Try rallies after rejecting Bovis bid
London stocks edged higher in early trade on Tuesday, taking their cue from a positive Asian session as traders returned to their desks after the Bank Holiday weekend.
London close: Stocks slip on trade worries
London stocks had pared gains by midday on Tuesday as their European counterparts retreated, but miners were strong and Galliford Try gained ground after rejecting a bid from Bovis Homes.
Amigo Holdings profits jump as customer numbers grow
FTSE 250 lender Amigo Holdings, which charges interest rates of 49. 9%, posted a jump in full-year adjusted profit on Tuesday as customer numbers grew.
Commodities: Energy and grains pace advance even as US dollar climbs
Commodity prices jumped at the start of the holiday shortened week even as the Greenback continued to flirt with its 52-week highs amid the ongoing trade war between the US and China.
FX round-up: US dollar gains on US-China trade rhetoric, pound 'shorts' pile up
The pound traded on a mixed note on Tuesday, as traders digested the results of the elections to the European Parliament at the weekend and continued hawkish rhetoric on trade out of the US and China.
Europe close: Stocks slip amid trade worries, Greek shares outperform
Shares on the Continent slipped as investors reacted to reports that Brussels might be set to slap a fine on Rome over its public finances and amid ongoing hawkish rhetoric from China and the US in their ongoing trade war.
Wednesday preview: German unemployment, Aveva
The coming session will be exceedingly light in terms of fresh guideposts for financial markets, both on the economic and corporate fronts.
Boots may consider closing up to 200 underperforming stores
Boots review of its stores may lead to the closure of more than 200 underperforming shops over the next two years.
FTSE 250 movers: Stobart flies higher ahead of results; Amigo rallies
London's FTSE 250 index was up 0. 4% to 19,206. 97 in afternoon trade on Tuesday.
Director dealings: Intermediate Capital chairman raises stake
Intermediate Capital Group revealed on Tuesday that chairman Kevin Parry had purchased 7,720 ordinary shares in the FTSE 250-listed financial services firm.
Broker tips: Thomas Cook, Kainos, Burford Capital
Analysts at Berenberg upgraded cruise and travel operator Thomas Cook from 'sell' to 'hold' on Tuesday, saying it was "time to watch from the side".
US open: Stocks move higher at the bell despite ongoing trade tensions
Wall Street trading began on a positive note on Tuesday following the long Memorial Day weekend, despite the trade spat between the world's two largest economies remaining firmly in focus.
Berenberg ready to watch Thomas Cook 'from the side', upgrades to 'hold'
Analysts at Berenberg upgraded cruise and travel operator Thomas Cook from 'sell' to 'hold' on Tuesday, saying it was "time to watch from the side".
Tertiary Minerals invests in promising Pyramid Mining District of Nevada
Tertiary Minerals has secured exploration rights and an option to purchase a group of claims in the Pyramid Mining District of Nevada, it announced on Tuesday.
Toople raises money to repay loan at significant discount
Small business telecoms specialist Toople has raised gross proceeds of £0. 66m from the placing of 189,208,896 new ordinary shares at a price of 0. 35p per share, it announced on Tuesday.
Frontier IP investment completes initial trials of raspberry-picking robot
University intellectual property commercialisation specialist Frontier IP Group announced on Tuesday that its portfolio company, Fieldwork Robotics, has completed initial field trials of its robot raspberry harvesting system.
Canaccord raises target on Kainos following trading update
Analysts at Canaccord Genuity upped their target price on digital technology solutions firm Kainos from 590p to 660p on Tuesday, noting that the consensus forecasts for growth and margins both looked "conservative".