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Clinigen FY organic revenue growth at top end of guidance
Pharmaceutical products and services firm Clinigen said on Tuesday that full-year organic revenue growth would be at the upper end of previous guidance, driven by growth in both its services and product units.
Eurozone inflation rebounds sharply in January
Eurozone inflation rebounded in January, according to official data released on Tuesday, ending months of falling prices.
JPMorgan starts Smurfit Kappa at 'overweight'
JPMorgan Cazenove initiated coverage of corrugated packaging company Smurfit Kappa at ‘overweight’ on Tuesday with a 4,147p price target, as it refreshed its views on overweight-rated DS Smith.
Phoenix Group to acquire full ownership of Standard Life brand
Phoenix Group has entered into a new binding agreement with Standard Life Aberdeen, it announced on Tuesday, which will see it sell its SLAL UK investment and platform-related products to Standard Life Aberdeen, and acquire ownership of the Standard Life brand.
McBride cleans up as Covid-19 bolsters demand
McBride reported a surge in interim profits on Tuesday, boosted by ongoing demand for cleaning products during the Covid-19 pandemic.
Begbies Traynor continues to trade strongly in H2
Corporate restructuring specialist Begbies Traynor said on Tuesday that its recent strong trading performance had continued across both of its operating divisions since the half.
Europe open: Travel, leisure stocks in favour on UK Covid exit plan
European shares were broadly higher on Tuesday, led by travel and leisure stocks as the UK published its roadmap out of Covid-19 restrictions although German stocks weighed on the continent’s benchmark index.
Tracsis H1 trading in line with expectations
Software firm Tracsis said on Tuesday that trading for the first half of the year had been in line with the expectations, with high activity levels seen across large parts of the group.
Frasers to book £100m impairment charge as it awaits reopening
Mike Ashley’s Frasers Group said on Tuesday that it expects to book a non-cash impairment charge in excess of £100m on its assets as its stores remain closed until mid-April.
London open: Travel & leisure stocks pace the advance
London equity markets rose in early trade on Tuesday, with travel and leisure stocks pacing the advance, as investors mulled the latest UK jobs data.
Non-Standard Finance begins work on 'substantial capital raise'
Subprime lender Non-Standard Finance said on Tuesday that it would have to raise new capital in order to avoid future covenant breaches and address uncertainties around its going concern status.
HICL Infrastructure on track to meet dividend target
HICL Infrastructure said on Tuesday it remained on track to deliver its targeted full-year dividend, despite the impact of the Covid-19 pandemic.
Carnival launches $1.0bn public offering
Cruise operator Carnival has launched an underwritten public offering of $1. 0bn-worth of shares of common stock in order to fund general corporate purposes.
InterContinental Hotels swings to full-year loss
InterContinental Hotels has tumbled into the red and scrapped its final dividend after what it called the most challenging year in its history.
Allied Universal declares £3.8bn bid for G4S final
Allied Universal said its offer for rival G4S had become final after Canada’s GardaWorld on Monday declared it would not raise its own bid for the UK security firm.
Aviva to sell French business to Aema for €3.2bn
Aviva has agreed to sell its French business to Aema Groupe for €3. 2bn in cash as it looks to focus on its strongest businesses in the UK, Ireland and Canada.
UK unemployment rate ticks up to 5.1%
The UK unemployment rate hit its highest level in five years in December, according to figures released on Tuesday by the Office for National Statistics.
HSBC profits fall 34pc, Phoenix Group enters new deal with Standard Life Aberdeen
London open The FTSE 100 is expected to open eight points higher on Tuesday, having closed down 0. 18% on Monday at 6,612,24.
London pre-open: Stocks seen up as investors mull jobs data
London stocks were set to rise at the open on Tuesday as investors mulled the latest UK jobs data.
Tuesday newspaper round-up: Uber, IG Group, capital gains
Business leaders have told Boris Johnson that his roadmap for exiting the third Covid lockdown in England remains incomplete without fresh financial support for companies and workers hardest hit by the pandemic. The prime minister promised the government would “not pull the rug out” from under struggling firms and workers while restrictions remain in place during the phased relaxation of lockdown, but to the disappointment of company bosses and trade unions he deferred details of future economic support to the budget in 10 days’ time.