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Report criticises lack of detailed data from Moderna's Covid-19 vaccine trial
Shares of Moderna Therapeutics finished sharply lower after "several vaccine experts" cast doubt on the company's claim that its Covid-19 vaccine candidate had generated a significant immune response in a small sample of patients.
Wednesday preview: Fed minutes, Compass Group in the spotlight
The market spotlight will shift back towards the US on Wednesday as investors wait on the release of the minutes of the US Federal Reserve's last policy meeting on 28-29 April.
Europe close: Dax outperforms amid profit-taking, periphery markets weakest
Stocks finished modestly in the red on Tuesday as the latest economic data laid bare the task that lay ahead in order for governments to get their economies back on track.
JP Morgan reiterates BHP and Anglo American as its 'top picks' in European mining
Analysts at JP Morgan reiterated their preference for shares of BHP and Anglo American in the European mining space, citing a host of factors.
London close: Benchmark finishes weaker amid surge in unemployment
London’s benchmark index remained below the waterline by the close on Tuesday as data revealed a surge in unemployment claims.
Berenberg ups rating on Greggs
Berenberg has upgraded its rating on Greggs to ‘buy’ after the bakery chain started to tentatively reopen some of its stores.
Director dealings: Photo-me CFO ups stake
Photo-me International revealed on Tuesday that chief financial officer Stephane Gibon had acquired 50,000 ordinary shares in the London-listed photobooths operator.
Broker tips: Ferguson, Greggs, Royal Mail
Ferguson's US trading will probably be better than feared in the fourth quarter, Canaccord Genuity said as the broker raised its target price on the plumbing and heating company.
Canaccord raises Ferguson target price on US outlook
Ferguson's US trading will probably be better than feared in the fourth quarter, Canaccord Genuity said as the broker raised its target price on the plumbing and heating company.
FTSE 250 movers: Network Intl boosted by upgrade; Greencore falls
London’s FTSE 250 was up 0. 4% at 16,296. 25 in afternoon trade on Tuesday.
Online Blockchain confirms first 'halving' of Brazio cryptocurrency
Online Blockchain announced on Tuesday that its ‘Brazio’ cryptocurrency had hit another “significant” milestone.
US open: Mixed start to trading as Senate testimony on Covid-19 begins
US stocks turned in a mixed performance at the bell on Tuesday as market participants took a moment to catch their breath following Monday's sharp rally.
Live Company withdraws guidance as it looks towards zoo reopenings
Independent LEGO-focussed events firm Live Company Group updated the market on Tuesday, noting that countries including Germany, the Czech Republic and Austria had now opened some zoos.
Hydrodec still working on funding deal amid tough market conditions
Industrial oil re-refining company Hydrodec Group updated the market on its ongoing trading on Tuesday, reporting that the current conditions were “unprecedented”, and provided additional challenges to those it had already outlined in February.
Portmeirion partially reopens Stoke ceramics factory
Homewares company Portmeirion Group updated the market on its trading on Tuesday, confirming that it has partially reopened its Stoke-on-Trent ceramic factory as of 6 May.
French Connection warns it is running out of cash
French Connection said it would run out of cash unless it raises funds or trading improves with all its stores closed during the coronavirus crisis.
FTSE 100 movers: Compass slides on fundraising; IAG flies higher
London’s FTSE 100 was down 0. 8% at 5,997. 80 in afternoon trade on Tuesday.
US housing starts drop sharply in April, but recovery anticpated
New home construction in the States fell rapidly last month as the Covid-19 pandemic swept across the nation.
Liberum upgrades Howden, downgrades HSS Hire and Ashtead
Liberum reviewed its ratings on a number of stocks in the building materials and equipment hire sectors on Tuesday, noting a preference for Howden and Travis Perkins.
Berenberg lowers price target on Royal Mail
Analysts at Berenberg lowered their target price on postal service Royal Mail from 115. 0p to 100. 0p on Tuesday, noting that break-up speculation continued to dominate.