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RBC Capital downgrades Next, Dixons Carphone
RBC Capital Markets downgraded its stance on shares of Next and Dixons Carphone on Tuesday as it took a look at the European general retail sector, highlighting a preference for companies showing "structural growth".
Berenberg downgrades HSBC to 'sell', deems forecasts 'unrealistic'
Analysts at Berenberg sounded a critical note on HSBC's strategic plans, telling clients they were "poorly-timed" and "unrealistic".
US pre-open: Stocks set to extend gains slightly on trade hopes
Stocks on Wall Street were being called to start the Tuesday session slightly higher amid what appeared to be continued positive soundbytes coming out of the ongoing US-China trade talks.
Credit Suisse ups rating on Aggreko to 'outperform'
Credit Suisse has upgraded its rating on Aggreko, encouraged by a focus on improving return on capital employed and a key contract to supply power to the 2020 Olympic and Paralympic Games in Japan.
Europe midday: Markets flat as Pandora and Siemens Gamesa slide
European stocks were higher at lunchtime on Tuesday as disappointing corporate updates from the likes of Pandora and Siemens Gamesa overshadowed growing optimism over a US-China trade deal.
IWG Q3 revenues jump on improved occupancy
IWG on Tuesday reported a jump in third quarter revenue after improved occupancy at its older offices, as well as encouraging contributions made by new additions from 2018 and 2019.
OPEC forecasts lower oil demand growth as its market share shrinks
The Organization of Petroleum Exporting Countries announced in their annual World Oil Outlook that it has lowered its long-term forecasts for global oil demand growth even as its own market share dwindles.
Asia report: Markets rise as hopes for trade deal grow
Markets in Asia were mostly higher on Tuesday, led by some serious gains in Japan, as investors expressed further optimism over the prospect for a trade deal between the United States and China.
Passenger numbers take off at Wizz Air
Passenger numbers at Wizz Air jumped by more than 20% in October, the low-cost airline announced on Tuesday.
London midday: Stocks tick higher as miners advance; AB Foods rallies
London stocks had ticked a little higher by midday on Tuesday as hopes of a Sino-US trade deal boosted the mining sector, but gains were unspectacular as investors mulled the latest reading on the services sector.
Two Shields Investments invests further into BrandShield
Technology-focussed investment company Two Shields Investments has completed its proposed investment of $0. 5m (£0. 38m) in BrandShield, it announced on Tuesday.
Arc Minerals announces latest copper assays from Cheyeza East
Zambia-focussed copper exploration and development company Arc Minerals announced the receipt of additional near surface, high grade copper assays from its maiden diamond drill exploration programme at the Cheyeza East target on Tuesday.
Watkin Jones reports 'strong' trading through final parts of year
Residential rental property developer Watkin Jones updated the market on the year ended 30 September on Tuesday, reporting that its trading remained “strong” through the final quarter of the year.
US considers scrapping some tariffs on Chinese goods - report
White House officials are debating removing tariffs on a number of Chinese goods, it emerged on Tuesday.
Verona Pharma losses widen as it pours resources into ensifentrine
Biopharmaceutical company Verona Pharma updated the market on its operations and finances for the three and nine months ended 30 September on Tuesday, highlighting positive results from the second part of its phase 2 study of the dry powder inhaler formulation of ‘ensifentrine’ in chronic obstructive pulmonary disorder (COPD), delivered by handheld inhaler over one week of twice-daily treatment.
No 'starter' homes built under Tory 2015 election pledge - NAO
The Conservatives have failed to build a single “starter” home despite a 2015 manifesto pledge target of 200,000, the government's spending watchdog said on Tuesday.
AFC Energy takes wraps off inaugural product ranges
Hydrogen power generation technology company AFC Energy unveiled the branding of its inaugural range of product lines on Tuesday, with the first being ‘HydroX-Cell(L)’, which it described as a zero emission, high efficiency and low-cost alkaline fuel cell utilising a liquid electrolyte configured in 10kW modules, capable of deployment across large scale industrial applications utilising lower grades of hydrogen.
Amryt Pharma upbeat on progress in first nine months of year
Amryt Pharma updated the market on its trading update for the nine months ended 30 September on Tuesday, noting that it had completed the transaction to acquire Aegerion Pharmaceuticals on 24 September.
MC Mining granted mining right for Generaal Project
MC Mining announced on Tuesday that the South African Department of Mineral Resources (DMR) has granted a mining right for its 74%-owned Generaal coking and thermal coal project in the Limpopo province.