Full List Of Stories
FTSE 250 movers: Dixons Carphone gains on update; Kaz Minerals drops
London’s FTSE 250 was down 0. 6% at 21,716. 42 in afternoon trade on Tuesday.
FTSE 100 movers: Evraz slumps; EasyJet flies higher on guidance upgrade
London’s FTSE 100 was down 0. 6% at 7,602. 20 in afternoon trade on Tuesday amid growing concerns about the coronavirus spread in China.
JPMorgan downgrades Fevertree after profit warning
JPMorgan Cazenove downgraded its stance on shares of posh tonics maker Fevertree to ‘neutral’ from ‘overweight’ on Tuesday and slashed the price target to 1,500p from 2,400p following the company’s second profit warning in two months.
Elecosoft 2019 results seen in line with market views
Construction software specialist Elecosoft said on Tuesday that results for the year to the end of December are expected to be ahead of the prior year and in line with market expectations despite "difficult" trading conditions.
Dixons Carphone reports mixed performance over festive period
Dixons Carphone reported a rise in electricals revenue over the festive period but a drop in mobile sales on Tuesday as it said it was on course to deliver on its full-year expectations.
Aviva chairman Adrian Montague to retire
Insurer Aviva said on Tuesday that chairman Adrian Montague will retire this year once a successor has been appointed.
Jefferies downgrades Spire Healthcare after re-rating
Jefferies downgraded its stance on shares of private healthcare provider Spire Healthcare to ‘underperform’ on Tuesday, as it said the rally since 3 October, when it upgraded to ‘hold’, gives an "unfavourable risk/reward" to the stock.
Black Friday timing partly to blame as Joules revenue declines
Clothing retailer Joules posted a decline interim revenue on Tuesday, pinning the blame partly on the timing of Black Friday.
London midday: Stocks fall further as pound firms after jobs data
London stocks had fallen further into the red by midday on Tuesday, dragged lower by worries about the spread of coronavirus in China and a stronger pound, as solid UK jobs data weakened the case for a rate cut by the Bank of England.
Eve Sleep breaks even in Q4 for first time
Mattress maker Eve Sleep said on Tuesday that it had broken even at the operating level in the fourth quarter for the first time.
London open: Stocks fall on downbeat Asian cues; Burberry under pressure
London stocks fell in early trade on Tuesday, taking their cue from a downbeat Asian session amid worries about coronavirus and after Moody’s downgraded Hong Kong’s credit rating, as investors eyed the release of key UK jobs data.
Cairn Energy 2019 production at top end of guidance
Cairn Energy said on Tuesday that 2019 production came in at the upper end of guidance.
IG Group interim profit declines but medium-term targets reiterated
Online trading platform IG Group reiterated its medium-term financial targets on Tuesday as it posted a drop in interim trading revenue and profit and announced the departure of its chief financial officer.
London pre-open: Stocks seen lower as Asian markets slide; UK jobs data eyed
London stocks were set to fall at the open on Tuesday, taking their cue from a weak session in Asia, where sentiment was hit by worries about coronavirus and Moody’s downgrade of Hong Kong’s credit rating.
Tuesday newspaper round-up: Financial wellbeing programme, Itsu, Arriva,
The government is promising to turn Britain into a nation of savers by 2030 and cut the number of households relying on credit cards for day-to-day spending by launching an ambitious financial wellbeing programme. In an alarming summary of the state of Britain’s household finances, the Money and Pensions Service (MaPS), a government agency, said 11. 5 million people have less than £100 in savings to fall back on, while nine million said they often use credit cards and payday loans to meet essential weekly food and energy bills.