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FTSE 100 movers: Sage gains on US business sale; gambling stocks hit by DoJ decision
London's FTSE 100 was up 0. 7% to 6,901. 04 in afternoon trade on Tuesday, underpinned by Beijing's latest plans to bolster economic growth, as investors eyed the Commons vote on Theresa May's Brexit deal.
UK MPs to debate amendments to Brexit deal before main vote
UK MPs started their final day of debate on Theresa May's Brexit withdrawal agreement, with four amendments selected for a vote that could redefine or defeat the deal.
Sage to sell US payroll outsourcing business for £78m
FTSE 250 software company Sage has agreed to sell its US-based payroll outsourcing business, Sage Payroll Solutions,(SPR) to iSolved for around £78m.
Greene King appoints Merlin Entertainments exec Nick Mackenzie as new CEO
Pub operator Greene King has appointed Merlin Entertainments executive Nick Mackenzie as its new chief executive, succeeding Rooney Anand from 1 May.
Telit Communications ends year at top end of forecasts
Internet of things (IoT) technology company Telit Communications updated the market on its trading for the year ended 31 December, as well as the proposed sale of its automotive division, on Tuesday.
Eden Research dips as loss widens despite 'pleasing growth'
Biopesticide products developer Eden Research’s shares dipped on Tuesday after it reported that its annual losses deepened despite an increase in revenue.
Core US factory gate prices drop by surprise in December
Factory gate prices in the States were dragged down by more-than-expected last month as energy cost pressures receded.
Morgan Stanley sees challenging 2019 for Glanbia
Glanbia offers investors access to the US cheese and fitness nutrition markets, but Morgan Stanley sees the 2019 outlook as "challenging" and has initiated coverage with an 'underweight' rating.
Ophir Energy capex comes in below forecasts
Ophir Energy updated the market on its trading and operations for the 12 months ended 31 December on Tuesday, reporting estimated capital expenditure including pre-licence expenditures of $122m, which was below its previous guidance of $145m.
China urges Canada to immediately release Huawei executive
China’s Foreign Ministry urged officials in Ottawa to immediately release Huawei executive Meng Wanzhou.
EQTEC signs first equipment contract with California's Phoenix Energy
Biomass gasification-to-energy technology company EQTEC has signed its first equipment purchase contract with Phoenix Energy, in relation to its first power plant in California, it announced on Tuesday.
Mears ends year in line with expectations
Social housing and care support services provider Mears updated the market on the year ended 31 December on Tuesday, reporting that its trading was in line with the board's expectations.
Tuesday broker round-up
Ten Entertainment Group: Berenberg downgrades to hold with a target price of 250p.
Itaconix signs global supply agreement with Nouryon
Itaconix has signed an exclusive global supply agreement with Nouryon - formerly AkzoNobel Specialty Chemicals - for its bio-based polymers with chelating properties for the detergents market, it announced on Tuesday.
Gambling stocks stumble as US reverses online betting ruling
UK gambling stocks that have expanded across the Atlantic took a hit on Tuesday after the US Department of Justice moved to tighten regulations on online gambling.
Europe midday: Stocks little changed ahead of vote in UK parliament
Stocks on the Continent are little changed shortly after the mid-point of the session, helped by more positive news out of Germany and China, although investors are cautious ahead of the British parliament's vote on the Prime Minister's withdrawal plans later in the day.
Empire State manufacturing index at worst level in more than a year
Business conditions in the New York region deteriorated much more than expected in January, according to a survey from the New York Fed, as the US-China trade war and the government shutdown took their toll.
Knights Group buys employment specialist Cummins; H1 profit rises
Regional legal and professional services business Knights Group said on Tuesday that it has acquired Leicester-based employment specialist Cummins Solicitors for £1. 57m, as it posted a jump in first-half revenue and profit.
JPMorgan Chase Q4 misses expectations as bond trading revenue drops
JPMorgan Chase posted a rise in fourth-quarter profit and revenue on Tuesday, but the numbers fell short of analysts' expectations as its bond trading revenue declined amid spikes in market volatility.
Persimmon sees FY profits 'modestly ahead' of consensus
Housebuilder Persimmon said it expected 2018 pre-tax profits to be modestly ahead of current market consensus, having benefited from new developments opened through the year.