Market Report
Crestchic lifts expectations for third time this year
Electricity load bank technology specialist Crestchic said on Tuesday that its trading momentum had accelerated further since its last update in early June.
FTSE 250 movers: IWG slumps, oil stocks in favour
The FTSE 250 was down 0. 70% at 19,977. 78 at 1310 BST.
Berenberg slightly raises target price on Firstgroup
Analysts at Berenberg slightly raised their target price on public transport operator Firstgroup from 150. 0p to 160. 0p on Tuesday, stating the group was "worth stumping up for".
Northcoders wins £4m funding from Department for Education
Software coding training provider Northcoders has secured further funding from the Department for Education’s ‘Skills Bootcamps Wave 3’, it announced on Tuesday.
US pre-open: Futures in the red as investors await CPI reading
Wall Street futures were in the red ahead of the bell on Tuesday as market participants awaited more Q2 earnings.
London midday: Stocks flat as investors eye US inflation
London stocks were still little changed in early trade on Tuesday following a tech selloff on Wall Street and as investors eyed the latest US inflation reading.
Asia report: Stocks mixed, SoftBank tumbles after Vision Fund losses
Stocks in the Asia-Pacific region closed in a mixed state on a quiet Tuesday, with SoftBank leading Japan’s losses after reporting a big loss in its venture capital fund overnight.
Europe midday: Shares stay in the red as investors fret over US CPI data
European shares were lower at midday on Tuesday with investor focus turning to key US inflation data on Wednesday.
SIG confident after reporting first half of growth
Specialist construction materials supplier SIG reported a 22. 6% improvement in its revenue for the first half on Tuesday, to £1. 39bn, with like-for-like sales growth of 21. 2%.
IWG narrows first-half losses amid 'strong' demand for hybrid working
Workspace provider IWG reported a narrowing of its first-half losses on Tuesday amid strong demand for hybrid working.
Nexus warns on revenues amid 'frustrating' delays
Sustainable infrastructure group Nexus warned on full-year revenues on Tuesday as the group stated it has suffered "frustrating" delays in the conversion of its eSmart Networks order book to revenue.
Just Group reinstates interim dividend policy amid 'favourable' market
Just Group reported a 15% improvement in first-half underlying operating profits on Tuesday, to £74m, driven by higher in-force operating profit and lower finance costs.
JPMorgan reiterates 'underweight' on Hargreaves Lansdown
JPMorgan Cazenove reiterated its ‘underweight’ rating and 770p price target on Hargreaves Lansdown on Tuesday following the investment platform’s half-year results a day earlier.
Supreme acquires vaping manufacturer and e-liquids flavour development business
Consumer products manufacturer Supreme has acquired vaping manufacturer Cuts Ice and e-liquids flavour development business Flavour Core for an undisclosed sum.
Ten Lifestyle wins 'significant technology development projects' with existing clients
Concierge platform operator Ten Lifestyle Group said on Tuesday that it has been awarded "significant technology development projects" with two existing clients.
UK retail sales grow in July
UK retail sales grew in July as Britons spent more in-store than online, according to new figures from the British Retail Consortium and accounting giant KPMG.
Shareholder Palliser urges Capricorn to call off Tullow deal
Palliser Capital, one of Capricorn Energy’s largest shareholders, has called on the company to withdraw its recommendation for the agreed merger with Tullow Energy.
Qinetiq locks in $45.0m contract with Development Command
Science and engineering company Qinetiq has secured a $45. 0m, five-year contract to provide services for the Development Command at its Fort Belvoir prototyping integration facility.
Europe open: Shares lower as investors focus on US CPI
European shares opened lower on Tuesday with investor focus turning to key US inflation data on Wednesday.
London open: Stocks muted after Wall Street tech selloff
London stocks were little changed in early trade on Tuesday following a tech selloff on Wall Street.