Market Report
German court charges six Volkswagen executives with fraud
Germany has charged six top executives at Volkswagen with fraud after being accused of “deliberately misleading” authorities and customers.
US close: Mixed performance on the Street after bank earnings
US stocks turned in a mixed performance on Tuesday as a slew of earnings from some of the country's biggest lenders began to roll in.
Europe close: US earnings season buoys stocks, trade talks in focus
Stocks on the Continent finished the session slightly higher, helped by a positive start to the US results season, even as investors fretted that another trade spat might be brewing in the background - but this time centred on Europe.
London close: Stocks edge higher ahead of US-China trade deal
London stocks were a tad higher on Tuesday as investors caught their breath ahead of the signing of the phase one trade deal between the US and China, which was due to take place on Wednesday, and cheered a positive start to the US corporate earnings season.
Director dealings: Hansa Investments chair ups stake again
Hansa Investment revealed on Tuesday that chairman William Salomon had purchased a further 75,000 ordinary shares in the London-listed trust.
Broker tips: Spirent Communications, EasyJet, Wizz Air
Analysts at Canaccord Genuity raised their price target on shares of British telecommunications testing company Spirent from 205p to 230p on Tuesday to reflect some strong gross margins and lower opex highlighted in the group's recent update.
US CPI rate unchanged in December, as expected
The cost of living in the US rose as expected last month despite sharp increases in prices for medical care commodities and services, thus eliciting scant reaction from economists.
Citigroup easily tops estimates on strong fixed-income trading
Citigroup easily topped expectations with its quarterly results on Tuesday as strong fixed-income trading revenues and growing sales from the bank's consumer business led the way.
Savannah Resources upbeat on issue of third licence at Mutamba
Savannah Resources announced on Tuesday that the Minister of Mineral Resources and Energy in Mozambique has issued Mining Licence 9228C to Mutamba Mineral Sands.
FTSE 250 movers: Games Workshop rallies on update; Elementis slumps
London’s FTSE 250 was up 0. 2% at 21,764. 30 in afternoon trade on Tuesday.
Boku narrows losses on improved revenues
Payments platform Boku has narrowed full-year losses as revenues and earnings were both set to have increased significantly in 2019 thanks to payments growth and progress in its identity fraud prevention solution.
US open: Mixed start to trading as earnings begin to roll in
Wall Street trading began on a mixed note on Tuesday as a slew of earnings from some of the country's biggest lenders began to roll in.
Property Franchise Group launches new financial services division
Property Franchise Group announced on Tuesday that it has launched a new financial services division, and appointed Mark Graves to the new role of financial services director, which is a non-board position.
Dominic Chappell ordered to pay £9.5m into BHS pension scheme
Former BHS boss Dominic Chappell has been ordered by the Pensions Regulator to pay £9. 5m into the now-defunct retailer’s pension scheme after a failed appeal.
Strategic Minerals reports fall in sales at Cobre ahead of arbitration
Battery minerals producing company Strategic Minerals updated the market on its cash position and ore sales at the Cobre magnetite operation in New Mexico for the quarter ended December on Tuesday, reporting continued improving demand from existing Cobre clients.
Frontier IP portfolio firm Fieldwork raises £0.3m for fruit picking robot
Intellectual property commercialisation company Frontier IP announced on Tuesday that its portfolio company, Fieldwork Robotics, has raised £0. 298m through an initial equity funding round.
FTSE 100 movers: NMC Health recovers; Mondi dented by downgrade
London’s FTSE 100 was up 0. 1% at 7,621. 78 in afternoon trade on Tuesday.
ValiRx signs letter of intent in a bid to fund VAL401
Clinical-stage biotechnology company ValiRx updated the market on its subsidiary joint venture, ValiSeek, and its cancer therapeutic, VAL401 on Tuesday.
Games Workshop hails record first-half results
Miniature wargames manufacturer Games Workshop hailed record first-half results on Tuesday and said trading in December was in line with expectations.
Canaccord raises target on Spirent Communications
Analysts at Canaccord Genuity raised their price target on shares of British telecommunications testing company Spirent from 205p to 230p on Tuesday to reflect some strong gross margins and lower opex highlighted in the group's recent update.