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Royal Mail cut by HSBC and RBC after cost saving objectives missed
Royal Mail was subject to downgrades from both RBC and HSBC on Tuesday as analysts from both financial services firms remained cautious about future cost-saving objectives.
US close: Wall Street sees mixed trading as bond yields continue their ascent
Wall Street trading ended on a mixed note on Tuesday as bond yields resumed their march higher.
Europe close: Stock track better tone on Wall Street, bounce in Italian debt
Stocks in Europe recovered from earlier falls on Tuesday to finish in the green, tracking a turnaround higher on Wall Street and a bounce in Italian government debt.
Lidco's losses widen as UK revenue stumbles
Lidco reported that its first half losses deepened on Tuesday after revenues suffered from a longer than expected sales cycle.
What next as US Treasury yields hit new high?
The 2018 selloff in US government bonds led to the yield on a 10-year note rising to a new seven-year high of 3. 25% on Tuesday, increasing increased anxiety among stock market investors.
Asia report: China moves to steady the ship after Monday's bloodbath
Tuesday saw most Asian markets drop although Chinese indices steadied after a sharp slide on Monday following a week-long holiday in the Asian giant.
US open: Mixed trading at the open as bond yields continue their ascent
Wall Street trading got off to a mixed start on Tuesday as bond yields resumed their march higher.
London close: FTSE stops the rot, pound makes late jump
London's blue chip stocks arrested their recent decline and outperformed their smaller siblings on Tuesday as resources companies provided a lift to offset a rise Italian and US bond yields.
Wednesday preview: US factory gate prices, PageGroup in focus
Ahead of the US consumer price report for September, on Thursday, all eyes tomorrow will be on the release of the latest wholesale price data in the States referencing that same month.
UK film and TV production investment hits new highs
Tax relief for the UK film and TV industry prompted record spending for the industry, a new report by the British Film Institute has found.
Broker tips: Direct Line, Sage, N Brown, Quiz, Joules
Deutsche Bank upgraded Direct Line to 'buy' from 'hold' on Tuesday and lifted the price target to 390p from 380p as it pointed to an attractive valuation, an expected inflexion in motor pricing, medium-term optionality and receding risks.
Comcast becomes majority owner of Sky
Comcast became the majority owner of Sky on Tuesday after buying up all the shares held by 21st Century Fox.
Director dealings: Carpetright CEO ups stake in beleaguered outfit
Carpetright chief executive Wilf Walsh purchased 222,000 ordinary shares in the AIM-listed floorings expert on Tuesday.
Google drops out of race for $10bn Pentagon cloud contract
Google has dropped out of a battle for a $10bn contract with the Pentagon to provide cloud computing, just a day after revealing that data had been leaked from its Google+ service.
Ceres Power revenues shine after bumper year
Ceres Power called 2018 a “landmark year” after the fuel cell developer struck deals with Bosch and Weichai and revenues climbed 71%.
FTSE 250 movers: Telecom Plus energised ahead of price cap
London's FTSE 250 was down 0. 80% at 19,488. 21 in afternoon trade on Tuesday.
FTSE 100 movers: Miners bounce back but Sage slumps on downgrade
London's FTSE 100 was down 0. 4% at 7,206. 62 in afternoon trade on Tuesday, with miners bucking the trend as they bounced back from the previous day's losses.
Fed's Kaplan argues for three rate hikes over the next year or so
The US central bank should continue hiking interest rates, but be mindful of the 'message' government debt markets are sending.
CMA to probe audit sector amid concerns about 'big four'
The Competition and Markets Authority has announced plans to investigate the audit sector amid growing concerns about the dominance of the 'big four' - KPMG, Deloitte, EY and PwC - particularly after the collapse of construction group Carillion sparked criticism of its auditors.
Sector movers: Metal prices boost miners
Miners and oil companies were leading the stock market revival in London on Tuesday, while other industrial and engineering stocks were providing a weight.