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FTSE 250 movers: Domino's in the black; Cairn slumps
London’s FTSE 250 was up 0. 8% at 21,386. 89 in afternoon trade on Tuesday.
FTSE 100 movers: Standard Life Aberdeen drops; M&G rallies
London’s FTSE 100 was down 0. 2% at 6,707. 96 in afternoon trade on Tuesday.
Avast to sell Family Safety Mobile business for $66m
Digital security company Avast said on Tuesday that it has agreed to sell its Family Safety Mobile business to Smith Micro Software for $66m.
Morgan Stanley initiates coverage of Softcat, Computacenter
Morgan Stanley initiated coverage of Softcat and Computacenter on Tuesday as it took a look at the software and services sector.
Vodafone to raise €2.8bn from Vantage Towers IPO
Vodafone said on Tuesday that it is expecting to receive around €2. 8bn from an initial public offering of its Vantage Towers business on the Frankfurt Stock Exchange.
London midday: Stocks extend gains as OECD lifts UK growth forecasts
London stocks had extended gains by midday on Tuesday as the OECD upgraded its growth forecasts for the UK and global economy.
Keller profits rise despite revenue drop; outlook cautious
Keller posted a rise in full-year profit on Tuesday and a performance ahead of market expectations, despite a drop in revenues, as it struck a cautious note on the outlook.
London open: Stocks steady as investors pause for breath
London stocks were steady in early trade on Tuesday following solid gains in the previous session.
ITV full-year profits, revenue hit by pandemic
Broadcaster ITV posted a decline in full-year profit and revenue on Tuesday as it took a hit from the Covid-19 pandemic.
Ultra Electronics full year underpinned by contract wins
Defence contractor Ultra Electronics reported a jump in full-year profit and revenue on Tuesday as it won a number of new contracts.
London pre-open: Stocks seen muted after mixed US, Asian sessions
London stocks were set for a muted start on Tuesday following mixed sessions in the US and Asia.
Tuesday newspaper round-up: Consumer spending, property prices, City of London
The prospects for a consumer spending boom after lockdown have been downplayed by a senior Treasury official, amid warnings that wealthier families have saved more than low-paid workers during the pandemic. Charlie Bean, a former Bank of England deputy governor who sits on the government’s budget responsibility committee, said it would take several years for households to spend £180bn in extra savings accumulated mainly by retirees and higher-paid workers during the crisis.