Latest News
Buy Superdry shares on weakness, says Liberum
Buy shares of fashion retailer Superdry on weakness, broker Liberum said on Tuesday.
Berenberg raises target price on RDI
Berenberg raised its target price on real estate investment trust RDI from 100. 0p to 115. 0p on Tuesday, stating the group's portfolio rebalancing justified its rerating.
Europe midday: Stocks try to find their footing after enduring sell-off
European stocks were slightly steadier on Tuesday after enduring a sell-off over the previous three sessions and despite weakness in the travel and insurance sectors over concerns of new coronavirus restrictions in the UK and higher claims provisions.
AG Barr cheers investors with resilient first half
Shares in AG Barr fizzed in morning trading, after the owner of Irn-Bru posted a robust set of second-half numbers.
Bank of England governor warns 'hard yards are ahead'
Bank of England governor Andrew Bailey has warned that the "hard yards" are ahead after the number of Covid-19 cases jumped and further lockdown restrictions appeared imminent.
Calnex says share placing 'significantly ovsersubscribed', will list on AIM on 5 October
Calnex's shares placing ahead of its expected admission to trading on the London Stock Exchange's junior market was "significantly oversubscribed".
US pre-open: Futures mixed ahead of Powell testimony
Wall Street futures were pointing to a mixed session before the bell on Tuesday ahead of testimony from Federal Reserve Chairman Jerome Powell later in the day.
Airbus CEO will try to reduce costs without cutting jobs
Airbus will attempt to cut costs without recourse to compulsory redundancies, but it cannot guarantee they won’t happen, CEO Guillaume Faury told French radio station RTL on Tuesday.
Manufacturing recovery slows as order books weaken - CBI
The manufacturing sector’s nascent recovery appeared to slow in September, after order books stalled for the first time since April, an industry survey showed on Tuesday.
EU top court backs cities' crackdown on short-term home rentals
Europe’s top court on Tuesday backed European cities' crackdown on short-term home rentals in a move to solve the housing crunch.
London midday: Stocks steady after Monday's losses; Kingfisher rallies
London stocks were a touch higher by midday on Tuesday, steadying after heavy losses in the previous session as investors mulled updates from the likes of Kingfisher and Whitbread.
Wetherspoon to cut up to 450 jobs at six airport pubs
Pub chain JD Wetherspoon announced on Tuesday that it would be cutting up to 450 jobs at six airport establishments.
TUI sees cash outflows in final quarter after refund payouts
Travel giant TUI said it continued to anticipate low single-digit hundreds million of cash outflow per month for the final quarter of the financial year after paying out more refunds to customers in August and September.
FCA says regulators face 'painful lessons' from upcoming autumn reviews
UK regulators face “painful lessons” from upcoming reviews that will question how customers are and should be protected, the Financial Conduct Authority CEO said on Monday.
FCA to ban 'loyalty penalty' for insurance customers
UK insurance companies will be forced to stop ripping off loyal customers and offer premiums at the same rate as new clients under changes proposed by the regulator.
RBC Capital Markets upgrades Imperial Brands, British American Tobacco
RBC Capital Markets upgraded Imperial Brands and British American Tobacco on Tuesday, arguing that they should prioritise share buybacks.
Close Brothers reinstates dividend amid 'resilient performance'
Merchant banking group Close Brothers said on Tuesday that the firm had delivered a "resilient performance" in the year ended 31 July but acknowledged that its outlook was "still uncertain".
Grafenia trades below historic levels amid Covid-19 pandemic
Printing outfit Grafenia said on Tuesday that trading had not yet returned to historic levels as the Covid-19 pandemic continued to impact its performance.
Asia report: Most markets weaker as airline stocks descend
Most markets in Asia finished weaker on Tuesday, as investors reacted to the likelihood of fresh restrictions in a number of European countries amid steadily rising Covid-19 infections.
OptiBiotix enters new licensing deal with HiLife Vitamins
Life sciences company OptiBiotix Health has entered into a non-exclusive license agreement for ‘SlimBiome Medical’ with HiLife Vitamins & Herbs, it announced on Tuesday.