Market Report
UK manufacturing sector struggles as Brexit looms large
UK factories are continuing to struggle, an industry survey suggested on Tuesday, weighed down by Brexit and the global manufacturing slowdown.
Asia report: Markets finish mixed amid fresh growth concerns
Markets in Asia finished in a mixed state on Tuesday, with investors reacting to weaker economic data from Europe released on Monday, stoking fears that global growth was slowing.
Europe midday: Stocks mostly up on US-China optimism; Ifo in focus
European stocks were mostly higher at lunchtime on Tuesday as investors eyed the next round of US-China trade negotiations and digested a mixed German Ifo survey.
Everyman Media revenue rises, profit drops as expansion continues
Premium cinema group Everyman Media reported a rise in interim revenue but a drop in pre-tax profit on Tuesday as it expanded its estate.
US pre-open: Stocks to bounce back as Mnuchin confirms further trade talks
US futures pointed to a firmer open on Wall Street on Tuesday after Treasury Secretary Steven Mnuchin confirmed that trade talks between China and the US would resume next month.
London midday: Stocks dip as Supreme Court rules suspension of parliament unlawful
London stocks had moved into the red by midday on Tuesday while sterling enjoyed a brief spike after the Supreme Court ruled that Prime Minister Boris Johnson's five week suspension of parliament was unlawful.
Kromek awarded two extension contracts worth £1.6m
Medical, security screening and nuclear detection technology provider Kromek has been awarded two extension contracts relating to its ‘D3S’ family of products and technologies designed to counter nuclear terrorism, it announced on Tuesday.
Serica Energy swings to solid cash inflow in first half
Serica Energy reported an operating cash inflow of £89. 8m in its first half on Tuesday, swinging from an outflow of £5. 3m year-on-year.
DP Poland sees system sales improve 10pc in first half
DP Poland reported a 10% increase in system sales in its first half on Tuesday, to PLN 41m (£8. 25m), which the board said included the three highest monthly levels of system sales for the group to date.
Ten Entertainment earnings rise as it continues to expand
Family entertainment centre operator Ten Entertainment Group reported a 9. 6% improvement in total sales in its first-half results on Tuesday, to £41. 4m, with its like-for-like sales growth rising to 7. 4% from 3. 1% year-on-year.
Getech revenue falls as it restructures geoscience services
Getech Group reported first half revenue of £2. 5m in its interim results on Tuesday, which was £0. 4m lower than the same period in 2018, which the board put down to the restructuring of its geoscience services.
Europa Oil & Gas working to clarify Taoiseach comments on exploration
UK, Morocco and Ireland-focussed oil and gas exploration, development and production company Europa Oil & Gas Holdings responded to an announcement at the UN Climate Action Summit by Ireland’s Taoiseach Leo Varadkar, which stated his government’s intention to phase out oil exploration licences in the future.
AA interim profit rises as membership numbers stabilise
Roadside assistance company and insurer AA reported a rise in interim profit and revenue on Tuesday as the roadside business saw a stabilisation in membership numbers.
Van Elle names Graeme Campbell as CFO-designate
Ground engineering contractor Van Elle tapped Graeme Campbell to join the group as its new chief financial officer on Tuesday.
Versarien hails 'significant progress' since annual results
Engineering firm Versarien said on Tuesday that it had made "significant progress" since the release of its annual results in July.
Kibo Energy makes 'steady progress' across portfolio
Multi-asset energy firm Kibo Energy has continued to make "steady progress" across its portfolio of advanced power generation and mining projects across Sub-Saharan Africa and the UK.
Safestay to develop 660-bed Venetian hostel
Hostel operator Safestay has entered into a joint-venture partnership with Maltese firm EOS Sicav to develop a 660-bed hostel in Venice.
Entertainment One interim revenues seen consistent with 2018
Media firm Entertainment One said on Tuesday that interim revenues were expected to be consistent with the previous year amid a "competitive" preschool merchandising market, while film, TV and music revenues were set to drop a little.
German business sentiment improves but expectations deteriorate - Ifo
German business confidence improved a little in September but expectations among executives deteriorated, according to a widely-followed survey released on Tuesday.
Hotel Chocolat profits rise as expansion continues
Premium chocolatier Hotel Chocolat posted an 11% jump in full-year pre-tax profit on Tuesday as its expansion continues.