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London pre-open: Stocks seen steady after Monday's gains

London stocks were set for a steady open on Tuesday following healthy gains in the previous session, as investors eye this week's Jackson Hole Symposium.

BHP pays out record dividend as iron ore price surge boosts profits

BHP on Tuesday posted its best full year figures for five years and handed out a record dividend as it cashed in on higher commodity prices.

BHP posts best figures for five years, AstraZeneca releases positive results for 'Farxiga'

London open The FTSE 100 is expected to open 12 points higher on Tuesday, having closed up 1.02% at 7,189.65 on Monday.

IMI to buy US valve and flow control products maker PBM

Specialist engineering company IMI has announced the proposed acquisition of US valve and flow control products manufacturer PBM for $85m (£70.3m).

Tuesday newspaper round-up: Nationalism, UK consumers, Uber, Juul

The rise of nationalism and governments that interfere in markets pose a threat to the global economic system, the boss of BHP, the world’s biggest mining company, has warned. Despite announcing a 124% rise in profits to $US8.31bn (£6.84bn), helped by booming iron ore sales to China, Andrew Mackenzie said on Tuesday that there were “a number of things abroad” that were causing concern for the Anglo-Australian behemoth. – Guardian

London open: Stocks edge up as sterling slips on Brexit woes

London stocks edged higher in early trade on Tuesday following healthy gains in the previous session.

19 Aug
US close: Stocks finish higher as Huawei gets 90-day reprieve

Wall Street finished in the green on Monday, as investors reacted to news from the weekend that the Commerce Department would grant Chinese telco giant Huawei a further 90-day reprieve from a prohibition on US companies trading with it.

Wood Group swings to profit; agrees £250m sale of nuclear business

Wood Group said on Tuesday that it swung to a first-half profit as it announced the sale of its nuclear business for £250m in cash, which it will use to reduce debt.

19 Aug
CK Asset Holdings to buy Greene King for 850p a share

Shares of Greene King surged on Monday as the pub group agreed to be bought by a subsidiary of CK Asset Holdings, the flagship of the CK Hutchison Group, for 850p a share in cash.

19 Aug
FX round-up: Pound takes breather following recent bounce

Sterling traded slightly on the back foot at the start of the week as the US dollar continued to grind higher amid 'market chatter' regarding the prospect of easier monetary policy in China and the euro area in the near future.

19 Aug
Tuesday preview: Italian Parliament, Persimmon in focus

Markets' focus on Tuesday will shift to Rome, where Prime Minister Giuseppe Conte is due to deliver a speech to the country's Senate, possibly ahead of a no-confidence vote against him following League leader Matteo Salvini's decision to call an end to the current coalition government with his rivals from the Five Star Movement.

19 Aug
London close: Stocks gain amid stimulus hopes

London stocks finished higher on Monday, underpinned by hopes of further stimulus from central banks.

19 Aug
Director dealings: Wife of former Metro Bank chair ups stake

Metro Bank revealed on Monday that former chairman Vernon Hill's wife Shirley had acquired 100,000 ordinary shares in the London-listed challenger bank.

19 Aug
Italian coalition set to collapse as Salvini's rivals respond to attempted power grab

The coalition agreement holding the Italian government together was set to collapse after League party leader and Italian Deputy Premier Matteo Salvini's partners reacted to his push for power.

19 Aug
Commodities: Crude gains after drone attack on Saudi field, gold futures dip

Strength in energy futures helped offset weakness in metals and agricultural futures at the start of the week amid more positive news headlines on global trade and speculation of further policy easing by several of the world's major central banks.

19 Aug
Broker tips: Avon Rubber, Standard Life Aberdeen, CYBG

Analysts at Berenberg raised their target price on respiratory protection equipment maker Avon Rubber from 1,650p to 1,800p on Monday, stating that its acquisition of 3M's ballistic-protection business and rights to the Ceradyne brand had been the deal it was "waiting for".

19 Aug
Europe close: Stocks up on positive trade headlines and prospect of central bank easing

Stocks gained on the back of more positive news headlines around the US-China trade talks and speculation around further central bank stimulus in the pipeline.

19 Aug
JP Morgan sticks to call for an August 'correction' in stocks

After a "tactical correction" in August, stocks should resume their uptrend although a peak for the current bull market in stocks in summer 2020 is possible, said strategists at JP Morgan.

19 Aug
FTSE 250 movers: CYBG boosted by upgrade; gold miners slip

London's FTSE 250 was up 0.8% at 18,969.55 in afternoon trade on Monday amid growing central bank stimulus hopes.

19 Aug
FTSE 100 movers: Ocado rallies but Fresnillo loses its shine

London's FTSE 100 was up 1.1% at 7,194.47 in afternoon trade on Monday amid renewed optimism about Sino-US trade relations and hopes of central bank stimulus.

19 Aug
Monday broker round-up

Avon Rubber: Berenberg reiterates buy with a target price of 1,800p.

19 Aug
London midday: Stocks maintain gains amid stimulus hopes; pound drops

London stocks were still in the green by midday on Monday, underpinned by hopes of further stimulus from central banks.

19 Aug
RBC lowers target price on Standard Life Aberdeen

Analysts at RBC Capital Markets slightly trimmed their target price for shares of insurer Standard Life Aberdeen from 210.0p to 205.0p on Monday, noting that institutional net flows tended to be driven by the firm's three-year track record, which remains weak.

19 Aug
Atalaya Mining expansion project reaches 'mechanical completion'

Mining and development company Atalaya Mining announced that the expansion project to 15 million tonnes per annum has reached full mechanical completion on Monday.

19 Aug
US Commerce Department set to renew temporary Huawei license, Ross says

The US Department of Commerce will extend its temporary general licence for Chinese telecommunications equipment giant, Huawei, for another 90 days.