Latest News
DoJ to sue Google for abuse of dominant position in search services
America's Department of Justice is set to file an antitrust lawsuit against technology giant Google, alleging that it has been abusing its dominance in online search to stifle competition, resulting in harm to consumers.
JPMorgan upgrades Whitbread, InterContinental Hotels
JPMorgan Cazenove upgraded Premier Inn owner Whitbread and InterContinental Hotels on Tuesday as it took a look at hotels and caterers, saying that within hotels, concerns over the future of business travel are overdone versus expectations being complacent on the future of on-site catering.
Moderna's Covid-19 vaccine may be ready for use by December
Moderna's Covid-19 vaccine candidate could be ready for use in December, the company's boss said.
NCC trading ahead of last year
Cyber and software resilience specialist NCC Group said on Tuesday that it continued to trade ahead of this time last year and in line with expectations.
BoE's Vlieghe mulls further stimulus as Covid risk rises
The Bank of England’s Gertjan Vlieghe looked to give some cautious support for negative interest rates on Tuesday, as he warned of a “tremendous challenge ahead” for the UK economy.
Tuesday broker round-up
Intercontinental Hotels: JP Morgan upgrades to neutral with a target price of 4,400p.
US housing starts for September miss forecasts
US homebuilders broke ground on fewer houses than expected last month, but the sector continued to be in robust health overall.
Solid State H1 revenues flat as Covid-19 delays stall growth
Computing and power products manufacturer Solid State said on Tuesday that both interim revenues and pre-tax profits were expected to be broadly flat year-on-year.
Feedback inks 3D medical imaging partnership deal
Medical imaging technology company Feedback announced a commercial partnership with Axial Medical Printing (Axial3D) on Tuesday, to enable the visualisation and use of 3D clinical-grade medical images from a patient's own 2D scan through Feedback's medical imaging communications platform ‘Bleepa’.
Gunsynd disposes of Bunker Hill holding
Gunsynd announced on Tuesday that it has disposed of 600,000 shares in Bunker Hill Mining at an average net price of CAD 0. 468 per share.
VR Education up on China launch with partner HTC
Virtual reality (VR) technology company VR Education announced on Tuesday that its partner, HTC Corporation, has launched ‘ENGAGE’ in China, reselling the platform as ‘VIVE Sessions’.
Barclays starts coverage of Next at 'overweight'
Barclays initiated coverage on shares of retailer Next at ‘overweight’ on Tuesday, with a 7,200p price target.
SP Angel reiterates 'buy' for Scotgold, says Cononish undervalued
Analysts at SP Angel hiked their target price for shares of Scotgold by 29% to 182p, arguing that investors were overlooking the potential upside from the outfit's Cononish gold and silver mine in Scotland.
Great Western Mining upbeat on progress in Nevada
Mineral exploration and development company Great Western Mining updated the market on the Olympic Gold Project and the Rock House Group in Nevada’s Mineral County on Tuesday, having acquired an option-to-purchase the Olympic project in May.
Tatton Asset Management flags improved revenue, earnings
Discretionary fund management and financial adviser support services company Tatton Asset Management said on Tuesday that it delivered a “robust performance” in its first half, continuing to grow revenue and profits.
Bellway resumes dividend as house orders bounce back
Housebuilder Bellway returned to dividend payouts as reservations rose by a third at the start of the new financial year and despite annual profits falling 66% due to the coronavirus shutdown.
Asda launches green strategy to cut single-use plastics
Asda launches fruit and vegetable strategy in new sustainability store to try to cut down on single-use plastics and promises “greener” products without packaging at the same price.
Softcat sees revenues top £1bn, despite Covid impact
Softcat shrugged off the impact of Covid-19 to see annual revenues breach £1bn, the IT services firm confirmed on Tuesday, prompting it to reinstate its dividend.
UK claims Russia planned cyber-attack for Tokyo Olympics
UK’s National Cyber Security Centre together with US intelligence agencies revealed that the Russian military intelligence services were planning a cyber-attack on the Tokyo Olympics this summer.
US pre-open: Futures point to early gains as Pelosi's deadline nears
Wall Street futures had stocks opening higher ahead of the bell on Tuesday after House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin "continued to narrow their differences" in ongoing stimulus talks.