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Broker tips: Johnson Matthey, Intertek
Analysts at Berenberg lowered their target price on chemicals company Johnson Matthey from 2,550. 0p to 2,200. 0p on Tuesday, citing higher discount rates and the wider de-rating of equity markets since its last update in May.
Citi upgrades Intertek to 'buy'
Analysts at Citi upgraded their rating on testing laboratories company Intertek to 'buy' on Tuesday, citing further conviction in the firm's resources margin outlook.
US open: Stocks higher after Dow hits lowest level in over two years
Wall Street stocks were in the green early on Tuesday after the blue-chip Dow Jones closed at its lowest level in more than two years in the previous session.
Ferguson FY operating profits rise
Plumbing and heating products distributor Ferguson posted strong growth in full-year operating profits despite "challenges" stemming from both labour shortages and supply chain woes.
US pre-open: Futures trade higher after Dow drops to lowest level since 2020
Wall Street futures were in the green ahead of the bell on Tuesday after the blue-chip Dow Jones closed at its lowest level in more than two years in the previous session.
Berenberg lowers target price on Johnson Matthey
Analysts at Berenberg lowered their target price on chemicals company Johnson Matthey from 2,550. 0p to 2,200. 0p on Tuesday, citing higher discount rates and the wider de-rating of equity markets since its last update in May.
Redde Northgate trades well following 'encouraging start' to FY
Mobility solutions platform operator Redde Northgate said on Tuesday that it has continued to "trade well" following an "encouraging start to the year".
Domino's Pizza names Elias Diaz Sese as interim CEO
Fast food franchise Domino's Pizza Group named Elias Diaz Sese as interim chief executive officer on Tuesday, taking over from outgoing CEO Dominic Paul on 10 October.
Balfour Beatty named as sole contractor to SCAPE Civil Engineering frameworks
Infrastructure group Balfour Beatty has been appointed as the sole contractor to both the SCAPE Civil Engineering and the SCAPE Scotland Civil Engineering frameworks.
DCC acquires PVO International for undisclosed sum
Sales and marketing firm DCC has agreed to acquire PVO International, a distributor of solar panels, invertors, batteries and accessories used in the commercial, industrial and domestic energy sectors across continental Europe.
SSP expects return to pre-Covid LFL revenue growth, DCC acquires PVO International
London pre-open The FTSE 100 was being called to open 39. 2 points higher ahead of the bell on Tuesday after closing out the previous session just 0. 03% firmer at 7,020. 95p.
US close: Stocks lower as USD and Treasuries surge
Wall Street stocks closed lower on Monday as a surging dollar and heightened bond yields took centre stage.