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Tuesday newspaper round-up: Cost of living, Meggitt, big tech
Ministers have unveiled plans for £5,000 grants to allow people to install home heat pumps and other low-carbon boiler replacements as part of a wider heat and buildings strategy that some campaigners warned lacked sufficient ambition and funding. Labour also condemned the plans as “more of Boris Johnson’s hot air”, without sufficient substance. - Guardian.
Nu-Oil & Gas to take maritime security business public
Nu-Oil and Gas intends to float on the London Stock Exchange to take the Guardian maritime security business public.
US close: Major indices easily reverse Monday's losses as Q3 earnings season carries on
Wall Street stocks closed higher on Tuesday as more big-name US companies published their latest set of quarterly results.
Wednesday preview: UK CPI, Crest Nicholson in focus
Financial markets' focus on Tuesday will be on the latest UK consumer price figures.
Europe close: Stocks end session mostly higher
European shares finished mostly higher on Tuesday as investors digested the latest slate of corporate earnings out of the US.
London close: FTSE finishes firmer while airlines descend
London stocks were just above the waterline at the close on Tuesday, amid worries about rate hikes and as investors kept their wallets closed ahead of key US earnings.
PwC disposes of global mobility tax and immigration services unit to CD&R
PwC has disposed of its global mobility tax and immigration services business arm to CD&R in a $2. 2bn takeover deal, the consultancy's largest sell-off in almost 20 years.
Broker tips: EasyJet, Everyman Media, Pearson
Berenberg upped easyJet to 'buy' from 'hold' on Tuesday and lifted its price target on the stock to 800. 0p from 720. 0p, stating the airline's balance sheet was now fit to comfortably weather a weak winter period, while a potential dilutive equity raise no longer hangs over the shares.
DraftKings gets deadline extension for Entain offer
Ladbrokes owner Entain said on Tuesday that the UK Takeover Panel has extended the deadline for US-based DraftKings to announce a firm intention to make an offer for the company or walk away.
Director dealings: RHI Magnesita CEO raises stake
RHI Magnesita revealed on Tuesday that chief executive Stefan Borgas had acquired 2,515 ordinary shares in the FTSE 250-listed refractory products supplier.
Centamin on track after 'solid' Q3
Centamin said it was on track to meet its guidance for 2021 after a "solid" third quarter of operations.
Amryt Pharma granted another two US patents
Commercial-stage biopharmaceutical company Amryt Pharma updated the market on patents for its lead development candidate ‘Oleogel-S10’ on Tuesday, as well as its recently-acquired and third commercial product ‘Mycapssa’.
Canaccord Genuity slaps Everyman Media with 'buy' rating following review
Analysts at Canaccord Genuity changed their rating on cinema operator Everyman Media from 'under review' to 'buy' on Tuesday, stating the group had been "shaken but not stirred".
Tatton assets under management reach £10.8bn in first half
Tatton Asset Management reported assets under management of £10. 79bn at the end of its first half on Tuesday, up from £8. 99bn at the start of the period.
Harland & Wolff awarded Black Sea fabrication contract
Fabrication company Harland & Wolff said on Tuesday that it had been awarded a contract for the fabrication of four suction piles for a sub-sea template of an energy project in the Black Sea.
Providence CEO Alan Linn stepping down
Providence Resources announced on Tuesday that its chief executive officer and director Alan Linn was stepping down from the board and all subsidiary companies immediately.
FTSE 250 movers: Moneysupermarket surges on acquisition; 888 in the red
London’s FTSE 250 was up 0. 5% at 23,072. 15 in afternoon trade on Tuesday.
Oxford Metrics ends year in stronger-than-expected position
Government, life sciences, engineering and entertainment industry software company Oxford Metrics said on Tuesday that it was expecting revenues of £35. 7m and adjusted profit before tax of £4. 6m for the financial year ended 30 September.
US housing starts and permits not as weak as they look, economists say
Homebuilders in the US broke ground on fewer homes last month, although weakness was centred on the multi-family segment.
US open: Major indices trade higher as Q3 earnings continue to stream in
Wall Street stocks opened higher on Tuesday as more big-name US companies published their latest set of quarterly results.