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 rebounded in January, according to official data released on Tuesday, ending months of falling prices.
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 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 reported a surge in interim profits on Tuesday, boosted by ongoing demand for cleaning products during the Covid-19 pandemic.
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.
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.
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.
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 equity markets rose in early trade on Tuesday, with travel and leisure stocks pacing the advance, as investors mulled the latest UK jobs data.
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 said on Tuesday it remained on track to deliver its targeted full-year dividend, despite the impact of the Covid-19 pandemic.
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 has tumbled into the red and scrapped its final dividend after what it called the most challenging year in its history.
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 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.
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.
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 stocks were set to rise at the open on Tuesday as investors mulled the latest UK jobs data.
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.