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Wednesday preview: UK money supply growth, Next in focus
Investors' focus in the middle of the week would swivel back to the UK.
Next buys Cath Kidston for £8.5m
Retailer Next confirmed on Tuesday that it has agreed to buy the brand name, domain names and intellectual property of Cath Kidston from the administrators for £8. 5m.
Sector movers: Commodity plays buoy stock market
Commodity-related stocks paced gains on a mixed day for the broader stock market as the Greenback softened a tad.
Europe close: Stocks edge slightly higher despite drag from Tech
European shares put in slight gains on Tuesday.
Broker tips: CMC Markets, Direct Line
Analysts at RBC Capital Market dropped their target price on financial services firm CMC Markets from 350. 0p to 310. 0p on Tuesday following the group's recent trading update.
London close: Stocks mixed on renewed inflation concern
London's stock markets were mixed at the close on Tuesday, as banking sector concerns eased, to be replaced by fresh inflation consternation after two surveys showed a surge in food prices.
Director dealings: Agronomics director raises stake
Agronomics revealed on Tuesday that executive director James Mellon had acquired 666,001 ordinary shares in the AIM-listed cellular agriculture firm.
Sam Bankman-Fried charged by US with bribing China officials
Disgraced FTX cryptocurrency exchange founder Sam Bankman-Fried has been charged by US authorities with bribing Chinese officials with payments of $40m (£32. 4m).
FTSE 100 movers: IAG boosted by upgrade; Ocado slumps
London’s FTSE 100 was up 0. 3% at 7,491. 08 in afternoon trade on Tuesday.
US open: Stocks mixed as traders digest data
Wall Street stocks were mixed early on Tuesday as traders digested a number of data points amid easing concerns about the current state of the US banking sector.
Real Estate Investors reports rise in net tangible assets
Midlands-focussed Real Estate Investors said in its final results on Tuesday that despite a challenging market, its net tangible assets increased 5. 7% through 2022 to 62. 2p per share, up from 58. 8p in the previous year.
FTSE 250 movers: Energean gushes, AG Barr loses fizz
FTSE 250: 18,402. 14, -0. 69% at 1345 GMT.
US consumer confidence improves a touch in March
US consumer confidence unexpectedly improved a touch in March, according to data released on Tuesday.
Mission Group ends year in strong position
Digital marketing and communications specialist Mission Group reported a strong financial performance across all of its business segments in its final results on Tuesday.
US house price growth eases in January
US house price growth eased in January, according to the latest S&P/Case-Shiller national home price index.
French prosecutors raid French banks in tax fraud probe
French authorities on Tuesday have searched the Paris offices of five major banks on suspicion of fiscal fraud, as part of a European investigation into the dodging of dividend tax payments.
Animalcare reports solid growth despite strategic road bumps
Animalcare Group reported full-year growth from product launches in its preliminary results on Tuesday, offset by moderation in post-pandemic demand, the end of distribution agreements, and the application of EU laws in Spain to reduce antibiotic affecting revenues.
Sabien Technology secures further orders for M2G business
Sabien Technology Group updated the market on its M2G business on Tuesday, which specialises in carbon dioxide mitigation devices for commercial boilers.
Berenberg slightly lowers target price on Direct Line Insurance
Analysts at Berenberg slightly lowered their target price on insurer Direct Line from 159. 0p to 152. 0p on Tuesday, stating the group was "not deserving of a higher valuation".
Team17 revenue surges as company expands
UK-based video game developer and publisher Team17 reported a 52% increase in revenue in its 2022 results on Tuesday, to £137. 4m, and a 53% increase in gross profit to £69. 6m, with gross profit margins expanding by one percentage point to 51%.