Market Report
Tertiary kicks off first drill programme at Jacks Copper Project
Explorer and developer Tertiary Minerals announced the start of its first drill programme at the Jacks Copper Project in Zambia on Tuesday.
Europe midday: Stocks push higher; Eurozone GDP in focus
European shares were still firmly in the black by midday on Tuesday, having taken the lead from strong gains in Asia as investors punted on a potential lifting of Covid restrictions in China.
Watkin Jones confident in second half, sells student portfolio
Residential developer and housebuilder Watkin Jones reported an 8. 2% increase in first-half revenue on Tuesday, to £193m, amid “strengthening demand” from institutional investors.
Ad tech firm Tremor flags record first quarter
Advertising technology company Tremor International reported a record first quarter financial performance on Tuesday, with a 13% year-on-year rise in its measure of ‘contribution excluding traffic acquisition costs’ (ex-TAC), to $71m (£56. 9m).
FRP Advisory to beat expectations on revenue, earnings
FRP Advisory Group described “another strong performance” in a full-year update on Tuesday, with growth in both revenue and profit.
Accesso Technology begins 2022 positively
Leisure and entertainment technology company Accesso Technology Group said in an update on Tuesday that it had started 2022 positively.
US pre-open: Futures in the green ahead of April retail sales figures
Wall Street futures were firmly in the green ahead of the bell on Tuesday as market participants awaited last month's retail sales data and digested news that Shanghai will look to ease lockdown measures next month.
London midday: Stocks extend gains, sterling rallies as investors digest jobs data
London stocks had extended gains by midday on Tuesday and sterling pushed higher as investors mulled the latest UK jobs data.
The Gym Group appoints Luke Tait as CFO
The Gym Group has appointed Luke Tait as its new chief financial officer.
Asia report: Hang Seng leads bounce for region's markets
Stock markets closed in the green in Asia on Tuesday, with Hong Kong’s bourse leading the gains, while Australia’s central bank warned of further interest rate rises in its latest minutes.
Fintel delivers 'strong' YTD trading performance
Financial services provider Fintel revealed on Tuesday that it has experienced "strong trading" in the year to date, with its performance in line with expectations.
Mears trades ahead of expectations after 'strong' start to the year
Mears said on Tuesday that it had experienced "strong trading" in the first four months of its financial year that has put it ahead of internal expectations and left it "increasingly confident" in the outturn for the full trading year.
Renew posts record first-half results
Engineering service provider Renew reported “record” half-year results on Tuesday, with group revenue rising 13. 1% year-on-year to £414. 3m.
Victorian Plumbing pleased with performance over pre-Covid levels
Victorian Plumbing reported strong revenue growth over pre-pandemic levels in its half-year results on Tuesday, although it was down slightly year-on-year.
S4Capital combines Media Monks unit with US tech services firm
Digital advertising and marketing firm S4Capital revealed on Tuesday that it has combined its Media Monks division with newly-acquired LA-based technology services firm TheoremOne as part of an effort to expand in its core US market.
Bulmers owner C&C Group swings to FY profit
Bulmers and Magners owner C&C Group fizzed higher on Tuesday after saying it swung to a full-year profit as Covid restrictions eased.
Landsec swings to profit in strong year for operations
Land Securities delivered a “strong” set of results on Tuesday, with its total accounting return swinging to 10. 5% for the year from -15. 9%, driven by its operational performance and strategic actions.
RBC Capital Markets upgrades Diploma to 'sector perform'
Analysts at RBC Capital Markets downgraded upgraded industrial supplies company Diploma from 'underperform' to 'sector perform' on Tuesday, stating the stock's valuation was now "less stretched".
London open: FTSE, sterling rise as investors mull jobs data
London stocks rose in early trade on Tuesday, taking their cue from a positive session in Asia, as investors mulled the latest UK jobs data.
Europe open: Shares make strong start on China reopening hopes
European shares made a positive start on Tuesday on the back of strong gains in Asia as investors punted on a potential lifting of Covid restrictions in China.