Full List Of Stories
FTSE 250 movers: Victrex rallies on upgrade; Pennon ticks lower
London’s FTSE 250 was up 0. 3% at 21,506. 7 in afternoon trade on Tuesday.
FTSE 100 movers: Banks gain; Imperial Brands in the red
London’s FTSE 100 was up 0. 2% at 6,746. 45 in afternoon trade on Tuesday.
Paypal launches 'Checkout with Crypto' service in the US
PayPal has launched a new ‘Checkout with Crypto’ service that will allow consumers in the US to use cryptocurrencies to check out.
Fevertree slumps after RBC downgrade
Fevertree slumped on Tuesday after RBC Capital Markets downgraded its stance on shares of the posh tonics maker to ‘sector perform’ from ‘outperform’ and slashed the price target from 2,600p.
Citi ups Victrex to ‘neutral’ on signs of volume growth
Citi upgraded shares of polymer maker Victrex on Tuesday to ‘neutral’ from ‘sell’, citing the first signs of volume growth "as many of its key end markets look to be through trough levels".
London midday: Stocks maintain gains; Imperial Brands bucks the trend
London stocks were still in the black by midday on Tuesday as investors looked past the Archegos Capital collapse.
JPMorgan upgrades Ladbrokes owner Entain, downgrades 888
JPMorgan Cazenove upgraded Ladbrokes owner Entain on Tuesday and downgraded 888 Holdings as it took a look at the onling gaming sector.
Dignity urges shareholders to vote against chairman ousting
Funeral services company Dignity called on its investors on Tuesday to vote against attempts by its biggest shareholder - Phoenix Asset Management Partners - to oust chairman Clive Whiley.
AG Barr FY profits, revenues hit by pandemic
Irn Bru maker AG Barr posted a slump in full-year sales and profit on Tuesday as it took a hit from the pandemic.
London open: Stocks advance as investors look past Archegos collapse
London stocks rose in early trade on Tuesday as investors looked past the Archegos Capital collapse.
Big Yellow buys 'prime' Epsom site for £6.5m
Self-storage company Big Yellow said on Tuesday that it has bought a "prime" 0. 8 acre site in Epsom, South West London, for £6. 5m.
Imperial Brands back FY guidance, hails good start to year
Imperial Brands backed its full-year guidance on Tuesday as it hailed a good start to the year, with market share growth in its five priority markets.
London pre-open: Stocks seen up as Archegos fallout brushed off
London stocks were set to rise at the open on Tuesday as investors brush off the fallout from the Archegos fire sale.
Tuesday newspaper round-up: Archegos, retailers, Liberty Steel
Financial regulators across the world are monitoring the collapse of the New York-based billionaire Bill Hwang’s personal hedge fund. The sudden liquidation of Hwang’s Archegos Capital Management sparked a fire sale of more than $20bn assets that has left some of the world’s biggest investment banks nursing billions of dollars of losses. - Guardian.