Latest News
UK wage growth hits 11-year high but job creation slows
The UK unemployment rate unexpectedly ticked a little lower in July as average earnings hit an 11-year high, but job creation slowed.
Deutsche Bank reiterates 'sell' for Antofagasta on outlook for soft copper prices
Analysts at Deutsche Bank reiterated their 'sell' stance and 820. 0p target price on shares of Antofagasta after attending a roundtable with its chief executive officer.
Genus technology ruled to be in breach of three US patents
Genus confirmed on Tuesday that a US court had ruled that its sexing semen technology infringed three patents asserted by Inguran, LLC and Cytonome/ST.
Tuesday broker round-up
BigBlu Broadband: Barclays initiates at overweight with a target price of 200p.
Boku confident on full year guidance as revenue soars
Boku on Tuesday reported a jump in revenue but a deepened loss, even as the company reassured shareholders that it anticipates meeting full year expectations and a "good" second half.
Gold prices could breach $2,000 an ounce, says Citi
Gold prices could breach the $2,000 an ounce level and post new cyclical highs at some point in the next year or two, Citi said in a note on Tuesday.
Berenberg cuts price target on Hiscox
Berenberg cut the price target on shares of insurance provider Hiscox from 1,581p to 1,487p on Tuesday as it said the valuation is demanding given the mixed short-term picture, despite attractive longer-term prospects.
Europe midday: Stocks mostly lower on poor Chinese data
European stocks were mostly lower by midday on Tuesday after the release of weak Chinese data, as investors continued to eye this week's European Central Bank meeting.
Sanne profits halved despite revenue jump
Sanne Group said on Tuesday that its interim profits more than halved as one-off costs and investment in new employees outweighed double-digit revenue growth.
Asia report: Markets mixed after weak China data
Asian markets were mixed on Tuesday following the release of weak producer price data from China.
London midday: Stocks off lows as banks shine; UK jobs data digested
London stocks had pared losses by midday on Tuesday thanks to a strong showing from the banking sector, as investors digested weak Chinese data and a mixed reading on the UK labour market.
Costs drag 888 Holdings profit lower
Gambling company 888 Holdings posted a drop in first-half profit on Tuesday on the back of rising expenses, as it said trading so far in the second half has been in line with expectations.
NFIB small business optimism index slips in August
Small business sentiment in the US deteriorated in August, according to the National Federation of Independent Business.
US pre-open: Futures point to losses following weak Chinese data
US stocks looked set to open lower on Tuesday following the release of weak Chinese data.
JD Sports profits rise; sees FY results at mid-point of expectations
Sportswear retailer JD Sports defied the high street gloom on Tuesday as it posted a jump in interim pre-tax profit and said it expects full-year results to come in at the mid-point of expectations.
OBR warns Javid's spending plans risks breaking borrowing rules
Chancellor Sajid Javid was on Tuesday warned that his planned public spending increases were on track to break government borrowing rules.
Bovis back in housing merger talks with Galliford, posts record H1 profit
Bovis Homes said on Tuesday that it is back in talks with Galliford Try over a potential merger with its housing business after a cash sweetener was thrown into the mix, as it posted record first-half profits.
Europe open: Stocks drop after weak China data; ECB eyed
European stocks were lower in early trade on Tuesday following the release of weak Chinese data, as investors continued to eye this week's European Central Bank meeting.
Ashtead Q1 profits up on strong North American trading
Industrial equipment rental firm Ashtead reported a rise in first quarter profits on the back of higher revenues in its US and Canadian markets.
IP Group reports interim NAV fall in 'challenging' sector
IP Group reported a fall in first half net asset value (NAV) in “challenging” conditions for the sector.