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US close: Stocks slip after FOMC minutes, mixed retail earnings
US stocks declined on Tuesday with the S&P 500 snapping a five-day winning streak after minutes of the latest monetary policy meeting showed that officials are in no rush to start cutting interest rates.
London close: Stocks slip ahead of FOMC minutes, Autumn Statement
London stocks finished in the red on Tuesday as investors examined the latest UK borrowing data ahead of Wednesday’s Autumn Statement.
Europe close: Hawkish comments from BoE and ECB weigh on stocks
European stocks finished in the red as a lack of corporate earnings and economic data caused markets to focus on hawkish comments from central bankers.
Director dealings: PCA of Van Elle CEO makes share purchase
Van Elle revealed on Tuesday that chief executive Mark Cutler's spouse had acquired 100,000 ordinary shares in the London-listed ground engineering contractor.
Broker tips: Softcat, Capital, Admiral, Diploma
JP Morgan has downgraded its rating on Softcat from 'neutral' to 'underweight', stating the IT infrastructure and services provider's slow earnings growth doesn't justify the stock's premium valuation.
US open: Stocks lower as traders await FOMC minutes
Wall Street stocks were in the red early on Tuesday as investors looked ahead to minutes from the FOMC's latest meeting.
FTSE 250 movers: Workspace Group and Softcat fall sharply
London-focused office, industrial and workshop space provider Workspace Group saw a big drop in its share price on Tuesday after swing to a big loss in the first half of the year as a result of a £178m reduction in valuations.
Existing-home sales slump 4.1% in November
Sales of previously owned homes in the US dropped more than expected in October, according to data out Tuesday from the National Association of Realtors (NAR).
FTSE 100 movers: Admiral rallies on upgrade; IAG flies lower
London’s FTSE 100 was down 0. 2% at 7,482. 14 in afternoon trade on Tuesday.
Wednesday preview: Autumn Statement, Kingfisher in focus
Investors' focus on Wednesday will be on the Chancellor's Autumn statement, with the most recent economic data showing that he had approximately £90bn of leeway to tweak fiscal policy.
Gelion enters battery development deal with Ionblox
Battery technology specialist Gelion has entered into a joint development agreement (JDA) with Ionblox, a California-based next-generation battery technology company, it announced on Tuesday.
Berenberg remains 'enthused' by Diploma, hikes target price
Analysts at Berenberg hiked their target price on technical products and services supplier Diploma from 3,500. 0p to 3,800. 0p on Tuesday, stating the firm's recent full-year results offered "much to be enthused about".
Chinese regulators conditionally approve Broadcom-VMWare merger
China has provided a list of conditions that must be met in order for it to give its tick of approval for Broadcom's $69. 0bn merger with software maker VMware.
Merck to buy Caraway Therapeutics for up to $610m
Merck said on Tuesday that it has agreed to buy preclinical biopharmaceutical group Caraway Therapeutics for up to $610m.
TruFin subsidiary Playstack considering sale of Interact
TruFin announced on Tuesday that its UK game publishing subsidiary Playstack had entered into a letter of intent with VCI Global Limited to sell its augmented reality and gamification ad technology platform, Interact.
Kohl's comparable sales continue decline in third quarter
Kohl’s reported a 5. 2% decrease in net sales in its third quarter on Tuesday, amounting to $3. 8bn, with the retailer’s comparable sales decline continuing, down 5. 5%.
Dick's Sporting Goods lifts FY outlook, shares jump
Dick’s Sporting Goods lifted its full-year outlook on Tuesday following a "strong" third quarter.
Lowe's flags bigger sales decline than previously expected
Shares in US home improvement retailer Lowe’s were in the red in premarket trading on Tuesday after it forecasted a more significant sales decline than previously expected despite a substantial rise in earnings.
Deutsche Bank starts coverage of 6 retail stocks; prefers Asos, B&M and M&S
Deutsche Bank initiated coverage on six UK retail stocks on Tuesday, with a preference for Asos, B&M European Value Retail and Marks & Spencer.
US pre-open: Stocks lower as traders await FOMC minutes
Wall Street futures were in the red ahead of the bell on Tuesday as investors look ahead to minutes from the FOMC's latest meeting.