Market Pulse
US pre-open: Stocks set for dip as trade talks kick-off again
Wall Street is being called to start the sesion lower as investors wait on fresh headlines out of the US-China trade talks which were set to resume later in the day, in Washington D. C.
Asda sales growth slows in fourth quarter
Asda reported its seventh quarter of sales growth in a row at the end of last year, though the rate of growth softened from the previous quarter.
Walker Greenbank sales come unstuck
Luxury wallpaper and fabric maker Walker Greenbank blamed "challenging and uncertain" trading for a fall in sales outside the USA last year.
Future shares soar following strong start to trading year
Media platform operator Future now expects to post first-half results "significantly ahead" of expectations after strong momentum witnessed in its first quarter carried over into the second.
New round of China-US trade talks starts in Washington
Chinese and US officials are set to reconvene in Washington on Tuesday to kick off a new round of talks on trade that follow positive negotiations last week in Beijing.
Indivior upbeat on publication of Sublocade data
Indivior shared data from its phase-three clinical trial evaluating the efficacy, safety and tolerability of its new ‘Sublocade’ buprenorphine extended-release injectable treatment for opioid addiction, which were published by peer-reviewed medical journal The Lancet.
Half of UK consumers say Brexit will not impact their spending in 2019 - PwC
Around half of UK consumers said that their spending habits would not be affected by Brexit but most will be more cautious in what they buy, PwC’s latest report on trends in consumer spending revealed.
Telford Homes disposes of East London build-to-rent development
London-focused residential property developer Telford Homes has sold its Equipment Works build-to-rent development site in East London to a joint-venture formed by Henderson Park and Greystar.
Ten Lifestyle buoyant after South African bank contract win
Ten Lifestyle Group on Tuesday won a new contract with Absa Bank Limited to provide digital and high-touch travel and lifestyle concierge services to its private banking clients in South Africa.
Experts do not see a rapid recovery in German growth, ZEW says
Analysts were slightly less downbeat in February on the prospects for the Eurozone's largest economy, even as their assessment of the current situation soured further.
HSBC falls short on fourth quarter revenues and profits
Asian-focused HSBC posted lower than expected revenues and profits for the final three months of 2018 as volatility in financial markets took its toll, meaning that top-line growth failed to keep up with expenses.
Synnovia's film division plagued with 'teething problems'
Manufacturer Synnovia told investors on Tuesday that it expects to trade broadly in line with market expectations in its current trading year after some delays and teething problems.
Ironveld raises £1.1m as it works towards production
Ironveld, the owner of a high-purity iron (HPI), vanadium and titanium project located on the northern limb of the Bushveld complex in Limpopo Province, South Africa, has raised £1. 1m before expenses through a placing of 62,857,143 new ordinary shares at a price of 1. 75p each, it announced on Tuesday.
Yen dips on 'dovish' comments from BoJ chief
The Bank of Japan may be forced to consider easing monetary policy further if a stronger yen impacts on the outlook for inflation and the economy, the governor of its central bank said.
Panthera receives first tranche of cash for stake in Indo Gold
Gold exploration and development company Panthera Resources announced on Tuesday that the initial $0. 25m of funding from Galactic Gold Mines (Galaxy) has been received.
Palace Capital leases space to celebrity-backed yoga operator
Regional commercial property investment company Palace Capital has completed a 15-year lease for 12,800 square feet with Soo Yoga Group at its Sol Northampton leisure scheme, it announced on Tuesday.
Roche lymphoma treatment granted priority status by FDA
Roche announced on Tuesday that the US Food and Drug Administration (FDA) has accepted its Biologics License Application (BLA), and granted ‘Priority Review’ for polatuzumab vedotin in combination with bendamustine plus ‘Rituxan’ (rituximab) (BR) for the treatment of people with relapsed or refractory diffuse large B-cell lymphoma.
Phoenix Global Resources reports progress on Interoil demerger
Phoenix Global Resources updated shareholders on the Interoil demerger and cash distribution on Tuesday, confirming that IOX Investments (GuernseyCo) has completed the sale of the remaining Interoil shares it held, in respect of the exchangeable GuernseyCo shareholders who did not exercise their right to exchange exchangeable GuernseyCo shares for Interoil shares in the six-month exchange period.
Pelatro secures contract with Vietnamese telco
Marketing software provider Pelatro has been awarded a $1. 5m contract with Vietnamese mobile network operator Vinaphone for the supply of its mViva contextual marketing platform.
The Renewables Infrastructure Group ends year on a high
Renewable energy-focussed investment firm The Renewables Infrastructure Group issued its results for the year ended 31 December on Tuesday, reporting “strong” financial performance, with portfolio generation close to budget at 2,011GWh, up from 1,766GWh year-on-year.