Market Report
Home Depot beats on earnings, same-store sales disappoint
US retailer Home Depot's first-quarter earnings beat analysts' expectations on Tuesday as customers spent more in single transactions during the quarter ended 5 May.
APC Technology surges as profits jump
APC Technology's shares leapt on Tuesday after the company recorded a jump in interim revenue and profit, while net debt was reduced.
Non-Standard Finance loan book 'strong', still engaging with Provident shareholders
Doorstep lender Non-Standard Finance said on Tuesday that it is continuing to engage with shareholders of larger rival Provident Financial, as it reported "strong" growth in its loan book since the start of the year.
Hundreds of US footwear brands call for end to China trade war
A total of 173 footwear manufacturers, importers and retailers in the US have called on the US president to re-think his approach to the trade war with China, describing the recent tariff hike on imports from the People’s Republic as “catastrophic”.
Asia report: Stocks rise as investors catch their breath from trade war
Most markets in Asia were in the green on Tuesday, as investors took the opportunity to catch their breath amid a recent torrent of developments on the US-China trade front.
US pre-open: Futures point to positive open following tech sell-off in previous session
Wall Street futures were pointing to a positive open on Tuesday as a mild semblance of calm looked set to return to markets following Monday's tech sell-off.
Shoe Zone first-half profits flat; current trading in line
Profits at Shoe Zone were flat in the first half of the year, while revenues dipped just a touch as the footwear retailer said current trading was in line with management expectations.
London midday: Stocks extend gains as pound drops below $1.27
London stocks had extended gains by midday on Tuesday, boosted by a weaker pound, as investors welcomed Washington's decision to grant a temporary reprieve from the Huawei ban.
Trump and Google grant Huawei small respite
Trump and Google granted Huawei some temporary relief after the former had threatened on Monday to ban US corporates from doing business with the company.
Integumen narrows losses as Labskin products begin full skin-care test services
Life sciences company Integumen narrowed losses in its last trading year thanks to a significant increase in revenues.
Knights Group profits soar as acquisitions boost revenues
Legal and professional services business Knights Group performed well in the second half of its financial year, with strong organic growth complemented by contributions from acquisitions.
GYG confident of future following positive uplift in trading
Superyacht supply and maintenance firm GYG has seen a positive uplift in trading so far this year, driven by a continued improvement in the general refit market and further progress in its new build strategy.
BP chairman warns 'world is on an unsustainable path'
BP’s chairman acknowledged in the Financial Times on Tuesday that the world’s energy consumption is on “an unsustainable path”.
Scapa delivers record revenues but EPS falls, CEO stands down
Diversified healthcare and industrial outfit Scapa delivered record revenue and profits in its recently wrapped up trading year but basic earnings per share crashed following site closures and a reorganisation of the firm.
Mercia pours another £2m into transdermal drug company Medherant
Technology investment company Mercia Technologies announced an additional £2m direct investment as part of a £2. 4m syndicated investment round into Medherant on Tuesday.
Accesso reiterates guidance after encouraging start to the year
Technology solutions provider Accesso maintained its existing guidance for the current financial year at the group's annual general meeting on Tuesday.
4D Pharma losses widen as it spends cash on development activities
Biotherapeutics development company 4D Pharma reported net assets of £45. 8m in its final results on Tuesday, falling from £69. 8m year-on-year.
Hipgnosis Songs Fund acquires catalogue from prolific songwriter Jamie Scott
Hipgnosis Songs Fund has acquired a music catalogue from British songwriter and record producer Jamie Scott, it announced on Tuesday, adding that he had been responsible for 84 number one, 188 top five and 247 top 10 chart positions globally.
Galantas Gold losses widen as it presses on with development
Galantas Gold Corporation reported a net loss of CAD 0. 78m for the quarter ended 31 March on Tuesday, widening from CAD 0. 52m year-on-year.