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Hargreaves Services trades in line after 'satisfactory' half
Property services group Hargreaves Services said trading had been "satisfactory" in the six months ended 30 November, with the board now anticipating the company's interim results would be in line with expectations.
Falanx losses widen as it invests in opportunities
Cybersecurity and intelligence provider Falanx Group reported a 21% improvement in group revenues in its interim results on Tuesday, to £2. 64m.
MXC Capital swings to profit after strong year
Technology-focussed advisor and investor MXC Capital reported a “strong” balance sheet in its final results on Tuesday, with net assets standing at £71. 3m at year-end, up from £63. 9m, which included £21. 5m of cash with no borrowings, compared to £12. 4m.
Challenging laser market hits Gooch & Housego profits
Optical components and systems manufacturer Gooch & Housego reported a 3. 4% improvement in revenue in its preliminary results on Tuesday, to £129. 1m.
Cleveland-Cliffs to buy AK Steel for $1.1bn
US iron ore miner Cleveland-Cliffs said on Tuesday that it had agreed to buy steelmaker AK Steel for $1. 1bn in shares.
The Gym Group to open up to 8 ‘small box’ gyms in 2020
The Gym Group said on Tuesday that it expects to open between five and eight 'small box' format gyms next year, as it announced a new credit facility.
Berenberg ups target price on Tekmar
Analysts at Berenberg raised their price target on engineering services company Tekmar Group from 160. 0p to 180. 0p on Tuesday following the firm's first-half results for its 2020 financial year.
RBC Capital upgrades Diageo to ‘outperform’
RBC Capital Markets upgraded shares of drinks company Diageo to ‘outperform’ from ‘sector perform’ on Tuesday, hiking the price target to 3,500p from 3,100p.
US pre-open: Stocks continue to slide as Trump casts doubt over trade deal
US futures had stocks opening lower for a second straight session on Tuesday after US President Donald Trump indicated that a deal with China was not imminent.
ULS Technology profits edge higher as margins rise
ULS Technology on Tuesday recorded slight interim profit growth on the back of margin improvement, though it warned that future results will take a hit from investment in product development.
Europe midday: Markets mixed amid Sino-US trade fears; luxury shares fall
European stocks were mixed at lunchtime on Tuesday after comments from US President Donald Trump added to trade worries, while the threat of new American tariffs sent French luxury stocks into the red.
Asia report: Most markets fall as Trump fans flames of trade war
Most markets in Asia finished in the red on Tuesday, led lower by Australian stocks, as US president Donald Trump poured ice cold water on recent trade optimism.
UBS upgrades Auto Trader to 'neutral'
UBS upgraded its stance on shares of Auto Trader to ‘neutral’ from ‘sell’ on Tuesday, lifting the price target to 560p from 510p following an encouraging investor day.
London midday: Stocks hit by trade woes, sterling strength
London stocks were sharply lower by midday on Tuesday after US President Donald Trump suggested that a trade deal with China may not be reached until after the November 2020 US election, while a stronger pound and uninspiring data also weighed.
Sky to build UK film, TV studio creating 2,000 jobs
Sky Studios said it would build a a 32-acre TV and film studio in Elstree outside London, creating 2,000 jobs.
UK construction PMI remains in contraction territory
The UK construction sector remained in contraction territory in November amid uncertainty about Brexit and the upcoming general election, according to figures released on Tuesday.
China trade deal may not happen until after US election, says Trump
US President Donald Trump suggested on Tuesday that a trade deal with China may not be agreed until after the 2020 US Presidential election.
Italy's UniCredit to cut 8,000 jobs by 2023
UniCredit is planning to cut 8,000 jobs in the next three years as part of a restructuring plan to increase shareholder value, the Italian bank said on Tuesday.
Centamin rejects £1.5bn buyout proposal from Canada's Endeavour
Gold miner Centamin said on Tuesday that its board had unanimously rejected a £1. 47bn takeover offer from Canada’s Endeavour Mining.
NZ to ban foreign political donations
New Zealand said it was banning foreign donations to politicians and tightening rules on political advertising ahead of an election next year and amid warnings of foreign interference.