Market Report
Frontier Developments expects to report record annual revenues
Videogames publisher Frontier Developments expects to report record annual revenues of roughly £89m from its recently wrapped up trading year - more than two and a half times what it witnessed in its previous financial year.
Pelatro inks licensing deal with mystery Asian telco
Marketing software specialist Pelatro has been singled out by an unnamed large Asian telecommunications outfit to implement its contextual marketing platform on a license fee model.
Intertrust buys US-based Viteos for $330m
Dutch business administration company Intertrust has bought US-based technology solutions group Viteos for $330m.
ClearStar revenues continue to grow in 'period of sustained delivery'
Medical screening technology provider ClearStar's chairman Barney Quinn told investors at the group's annual general meeting on Tuesday that 2018 had been a "period of sustained delivery" for the firm.
Old Mutual terminates chief executive officer's employment
The board of Old Mutual terminated the employment of its chief executive officer Peter Moyo, alleging that he breached his contractual obligations with the South African financial services group when, as chairman of NMT Capital, he benefitted personally from two dividend payments that it believed to be in breach of Old Mutual's rights as a preference shareholder.
London open: Stocks nudge up ahead of central bank announcements; sterling in doldrums
London stocks nudged up in early trade on Tuesday as investors eyed the policy announcements from the Federal Reserve and the Bank of England this week, while sterling languished at its worst level in nearly six months amid worries about a no-deal Brexit.
Meggitt secures new contract with Textron, AstraZeneca's 'Lynparza' gets new EC approval
London open The FTSE 100 is expected to open five points higher on Tuesday, having closed up 0. 16% at 7,357. 31 on Monday.
London pre-open: Stocks to edge up as investors eye Fed policy announcement
London stocks were set to edge higher at the open on Tuesday, with investors likely to remain cautious ahead of policy announcements from the Federal Reserve and the Bank of England this week.
Tuesday newspaper round-up: Gambling ombudsman, Heathrow, Nationwide, Saudi Aramco
Labour would set up a new gambling ombudsman to protect consumers, deputy leader Tom Watson will say on Tuesday, citing a string of scandals that have raised concerns about “predatory” practices in the industry. In a speech at the thinktank Demos, Watson will unveil the latest plank of a plan to overhaul betting regulation via a new Gambling Act, following a party review published last year. – Guardian.