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FTSE 250 movers: Hochschild loses its shine; leisure shares recover
London’s FTSE 250 was down 0. 2% at 22,694. 77 in afternoon trade on Tuesday.
FTSE 100 movers: AB Foods rallies; Anglo hit by downgrade
London’s FTSE 100 was up 0. 5% at 7,179. 70 in afternoon trade on Tuesday.
Phoenix Group terminates talks over sale of European businesses
Long-term savings and retirement company Phoenix Group said on Tuesday that discussions regarding the potential sale of its European businesses have ended.
RBC Capital downgrades Anglo American, cites growing headwinds
RBC Capital Markets downgraded its recommendation on shares of miner Anglo American to ‘sector perform’ from ‘outperform’ on Tuesday, slashing the price target to 3,400p from 4,100p as it pointed to rising headwinds.
London midday: Stocks maintain gains after jobs data, ahead of Fed
London stocks were still in the black by midday on Tuesday following a late-stage rally on Wall Street, as investors digested the latest UK jobs data.
Capita secures £528m contract extension with European telecoms provider
Outsourcer Capita said on Tuesday that it has secured a customer management contract extension with a major European telecoms provider.
International Personal Finance upgrades expectations
Home credit company International Personal Finance said on Tuesday that 2021 profit it set to be ahead of its expectations following a better-than-anticipated collections performance.
London open: Stocks rise as investors mull jobs data
London stocks rose in early trade on Tuesday, taking their cue from a late-stage rally on Wall Street, as investors digested the latest UK jobs data.
Avast enters strategic partnership with Enterprise Nation
Avast said on Tuesday that it has entered into a cybersecurity partnership with Enterprise Nation, a small business network and business support provider.
Boohoo first-quarter revenues jump 32%
Fast fashion retailer Boohoo reported a jump in first-quarter revenues on Tuesday, thanks in part to strong performances in the UK and US, as it reaffirmed its full-year guidance.
UK unemployment rate drops in April
The UK unemployment rate fell in April as the economy began to reopen, according to figures released on Tuesday by the Office for National Statistics.
London pre-open: Stocks seen up as investors mull jobs data
London stocks were set to rise at the open on Tuesday as investors digest the latest UK jobs data.
Tuesday newspaper round-up: Hospitality industry, Stobart Air, Vodafone, Rolls-Royce
Plans by City banks to bring thousands of workers back to the office are in disarray after Boris Johnson postponed a lifting of lockdown restrictions. Guidelines encouraging people to “continue to work from home if you can” in England were due to be dropped on 21 June, but that move will now be delayed by four weeks. - Guardian .