Market Report
Mucklow profits on the rise
Real estate investment trust A&J Mucklow Group saw profits soar in its first trading half thanks to some exceptionally positive asset revaluations.
South Africa's ANC calls for President Zuma to resign
South African President Jacob Zuma has asked to be given more time after being recalled by his party, the ruling African National Congress.
Amazon plans hundreds of job cuts in Seattle
Amazon is planning hundreds of layoffs at its Seattle headquarters and across its operations worldwide, a rare move following an eight-year long hiring spree which saw its Seattle workforce soar from 5,000 in 2010 to 40,000.
Piper Jaffray cuts Imperial Brands to 'neutral', cites modest EPS growth outlook
Imperial Brands was under the cosh on Tuesday as Piper Jaffray cut the stock to 'neutral' from 'overweight' and reduced the price target to 2,800p from 3,500p, highlighting a cheap valuation but a modest earnings per share growth outlook.
TruFin takes AIM at the London Stock Exchange
FinTech and banking business TruFin has announced its proposed admission to the AIM market of the London Stock Exchange after successfully executing a conditional placing and subscription of shares.
National Milk Records reports business has not soured
National Milk Records (NMR) has reported a successful six months of trading with a drop in debt and strong growth in profits, amid increased demand for its screening services and a recovery in milk prices .
Asia report: Most markets higher as Wall Street recovery continues
Most markets in Asia finished higher on Tuesday, reflecting the second day of recovery on Wall Street overnight after the mammoth losses sustained last week.
Barclays initiates Smiths Group at 'overweight'
Barclays initiated coverage of diversified engineer Smiths Group at 'overweight', with an 1,800p price target as it highlighted material change under the current management team.
Itaconix shares tumble after revenue growth comes slower than hoped
Chemicals business Itaconix saw revenues double in its recently wrapped up trading year, but still failed to turn a profit of any sort.
Mayan Energy kicks off production at Texas asset
AIM-quoted oil and gas exploration firm Mayan Energy has initiated production at the Gilbreath #19 well at Forest Hill Field in Texas, collecting 55 barrels of oil during the first 24 hours of operation.
Europe midday: Stocks struggle to make headway
European shares struggled to make headway on Tuesday, despite positive finishes overnight on Wall Street and in Asia as fears of a weaker US start spooked investors.
London midday: Stocks flat even as pound rallies on inflation data
London's top-flight index was hovering around the flat line by midday on Tuesday, even as the pound rallied after inflation came in higher than expected for January, increasing expectations that the Bank of England will hike interest rates in the spring.
US pre-open: Stocks heading lower again after two upbeat sessions
US futures pointed to a downbeat session on Wall Street on Tuesday following two days of gains, as investors looked ahead to key inflation data due on Wednesday.
Interserve accounts come under close watch from Cabinet Office
Interserve is coming under particularly close attention by the government after the collapse of rival contractor Carillion, according to new reports.
Mosman Oil picks up steam on US operations
Shares in Australian exploration and production firm Mosman Oil & Gas rocketed ahead on Tuesday after it announced that its USA assets had all begun to generate increased cash flow thanks to production improvements, lower costs and higher oil prices.
Treasury approves appointment of new FSCS chair
The Bank of England's regulatory arms on Tuesday have tapped up a former RBC Capital Markets and State Street banker to take the role of chair of the Financial Services Compensation Scheme.
US small business optimism improves more than expected in January - NFIB
Small business optimism in the US improved more than expected in January, according to data released on Tuesday.
Stronger UK inflation increases pressure for BoE rate hike
UK inflation in January was higher that the market expected and keeps the prospect of a Bank of England interest rate hike in play over the coming months.
SDX Energy jumps as Egypt drilling looms, Moroccan operations stall
AIM-quoted oil and gas explorer SDX Energy gave investors an update on its North African operations on Tuesday, announcing that while things in Egypt had picked up speed, its Moroccan project had been stalled due to a faulty rig.