THE MOST READ
US close: Santa Claus rally kicks into gear in shortened session
Tech stocks pushed markets higher in a shortened session on Tuesday as traders headed into the Christmas break in a bullish mood, continuing to hunt for bargains following last week's dramatic sell-off.
Vistry shares tank as investors deliver Xmas no, no, no
Santa won’t be visiting Vistry shareholders this Christmas after the house builder issued its third consecutive profits warning on Tuesday, with the shares taking as a result.
London close: Stocks end up ahead of Christmas break; Vistry tumbles
London stocks ended in the black on Christmas eve, but housebuilders slumped after yet another profit warning from Vistry.
Logistics Development redeems £10m investment, plans tender offer
Investing company Logistics Development Group announced the redemption of its £10m investment in Nash Squared's loan notes on Tuesday, following the disposal of the NashTech division by the Power of Talent Midco.
London open: FTSE gains but Vistry tanks after another profit warning
London stocks gained in early trade on Tuesday after a positive session on Wall Street, but Vistry tumbled as the housebuilder issued its third profit warning of the year.
Europe close: Shares finish higher, but property stocks weigh
European shares finished slightly higher on Christmas eve, although housing stocks were under pressure after a third consecutive profits warning from Vistry, sending shares in the troubled UK housebuilder plunging.
Ithaca Energy shares rise on Jocelyn South drilling results
Ithaca Energy shares were in the green on Tuesday, after it noted that exploration drilling at the Jocelyn South prospect in Block 30/07a of the Central North Sea had confirmed the presence of hydrocarbons.
Director dealings: Canal+ directors invest, Ascent CEO's company sells out
Two significant director share transactions disclosed to the London market on Tuesday involved Canal+ and Ascent Resources.
Windward shares soar on £216m takeover offer
Israeli maritime tech group Windward has received a £216m takeover offer from a US private equity firm that has been unanimously recommended by its directors, causing shares to soar early on Tuesday.
Safestore JV buys Italy’s EasyBox for €175m
Self-storage group Safestore said on Tuesday that it has entered into a 50/50 joint venture with Nuveen Real Estate to acquire Easybox, Italy's second largest self-storage operator by number of stores, for €175m.
Electric Guitar becomes cash shell as subsidiary enters liquidation
Electric Guitar confirmed on Tuesday that 3radical, previously its primary operating subsidiary, had entered creditors’ voluntary liquidation following shareholder and creditor approval on 23 December.
Tuesday newspaper round-up: Prepayment meters, Morrisons, BMW
Millions of vulnerable UK households on prepayment meters could see their energy bills consume almost a third of their incomes this winter. As temperatures drop across the country, the Resolution Foundation said a combination of higher gas and electricity prices and the typical seasonal increase in energy usage over the colder months would hit poorer families most. – Guardian
London pre-open: Stocks to gain in quiet trade; Vistry warns on profits again
London stocks were set to gain at the open on Tuesday following a positive close on Wall Street.
Mindflair raises £0.49m through share placing
Next-generation artificial intelligence specialist Mindflair announced on Tuesday that it has raised £0.49m through a share placing.
Gemfields says operations could be hit by Mozambique unrest
Gemfields said on Tuesday that there could be interruptions to its mining operations in Mozambique due to civil unrest.
Cohort acquisition of EM Solutions pushed back to February
Technology specialist Cohort announced a revised timeline for its acquisition of EM Solutions, a subsidiary of Australia's Electro Optic Systems Holdings, on Tuesday.
Europe open: Stoxx in Xmas spirit, but Vistry profit warning hits housing shares
European shares were up at the open on Christmas eve, although housing stocks were under pressure after a third consecutive profits warning from Vistry, sending shares in the troubled UK housebuilder plunging.
AstraZeneca pulls EU application for cancer drug
AstraZeneca has pulled its European marketing authorisation application for its non-small cell lung cancer treatment based on the results of a phase III trial.
US pre-open: Quiet start expected ahead of festive break
US stock futures were pointing to small gains ahead of the opening bell on Tuesday with trading likely to be subdued as traders refrain from making any major moves before the festive holidays.
Asia report: Most market rise in quiet Christmas Eve trading
Asia-Pacific markets closed mostly higher on Christmas Eve, buoyed by strong performances in US tech stocks that drove Wall Street gains overnight.
Mosman's Colarado asset hit by delays
UK-listed shares of Mosman fell on Tuesday after the oil and gas outfit revealed that drilling had not yet started on a part-owned project in Colarado, US.
Roadside Real Estate swings to full-year profit
Roadside Real Estate reported a profit after tax of £43.2m in its final results on Tuesday, a significant swing from the prior year’s £10.2m loss, largely driven by discontinued operations, including a £41m non-cash gain from the partial sale of Cambridge Sleep Sciences (CSS).
Kooth unveils new US contract and share buyback
Shares in Kooth jumped on Tuesday after the youth digital mental healthcare company announced a new $1.5m pilot contract in the US and a £1.5m share buyback plan.
Harworth finally completes sale of Ansty land site
Harworth Group, a UK-based specialist in regenerating land for sustainable development, announced the completion of the £53.5m sale of its 278-acre strategic land site in Ansty, Warwickshire, to Rugbyalpha Freeholdco on Tuesday.
Vistry slashes profit guidance, AstraZeneca pulls EU application for Dato-DXd
London open The FTSE 100 is expected to open 56 points higher for the truncated Christmas Eve session on Tuesday, having closed up 0.22% on Monday at 8,102.72.