Latest News
07 Aug
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Europe close: Stocks finish higher, buoyed by company results

Stocks on the Continent are bounding higher, tracking Wall Street's rebound back to its year-to-date highs, with traders referencing strong company earnings as the main driver behind share price gains.

07 Aug
zotefoams
Zotefoams sees profits jump after US expansion

Cellular material technology developer Zotefoams on Tuesday reported a 64% jump in first-half profit as US sales increased after capacity expansion.

07 Aug
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HC Slingsby's shares dip as H1 profits dive

Shares in industrial supplies firm HC Slingsby dropped on Tuesday after the company reported falling profits amid the loss of large orders.

07 Aug
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Sector movers: Miners, Big Oil and pharma lead gains

Commodity-related stocks paced gains on Tuesday following the release of figures overnight showing that China's foreign exchange reserves didn't jump last month.

07 Aug
London close: Stocks track gains on Wall Street, miners in focus

London stocks extended gains on Tuesday, with strength in the commodity sector helping to offset some disappointing corporate updates, as investors brushed off trade war worries, focusing instead on the positive backdrop of Wall Street's push back towards its year-to-date highs.

07 Aug
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Ocado's valuation is unreasonably high, thinks Barclays

Ocado was downgraded to 'underweight' at Barclays from 'equal weight' as while the online grocery business has been de-risked, this does not guarantee "unlimited upside" for the share price.

07 Aug
Broker tips: Ultra Electronics, Ferrexpo, Ocado

Ultra Electronics tumbled on Tuesday as Kepler Cheuvreux downgraded its stance on the stock to 'hold' from 'buy' saying there is limited upside pending the chief executive officer's review.

07 Aug
construction highways interserve
Interserve swings to loss, though hints at underlying recovery

Interserve swung to a first-half loss of £6m from a profit of £24. 9m a year ago, though underlying profits at the construction and outsourced services group were improved on the second half of last year.

07 Aug
prudential pru
Wednesday preview: Prudential results may be 'drab' but show potential

Down around 14% since the start of the year and with investors keen to hear more details about management's plans for a de-merger of its UK and European business, Prudential's half-year results look the ones to watch on Wednesday.

07 Aug
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Ubisense revenues drop 20% after Japan disposal

Industrial process management firm Ubisense saw its shares dip on Tuesday after the company forecast a drop in first-half revenue following the sale of a Japanese geospatial unit.

07 Aug
mining truck, commodities, minerals, iron ore
Griffin Mining anxious over H2 commodity prices after profits fall

Griffin Mining on Tuesday reported a drop in first half pretax profit and said the rest of the year will prove “challenging” if commodity prices fail to improve.

07 Aug
lithium bacanora minerals
Ironridge defines high priority lithium target in Ghana

Mineral exploration firm Ironridge Resources said on Tuesday it had defined a high-priority lithium pegmatite target at the Apam West license, part of its Cape Coast Lithium Portfolio in Ghana.

07 Aug
new look shop retail
New Look seeing 'green shoots' as earnings stabilise

New Look said on Tuesday that it was seeing "green shoots" in womenswear as the retailer reported a stabilisation in first-quarter earnings.

07 Aug
wall street
US open: Stocks on the rise, S&P nears record high

US stocks rose in early trade on Tuesday, with the S&P near record highs as investors sifted through more earnings and brushed aside the latest trade war rhetoric from President Trump.

07 Aug
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Amiad Water Systems supplies parts for new Singapore desalination plant

Water treatment and filtration solutions provider Amiad Water Systems announced on Tuesday that it provided its water filtration solutions for the Tuas Desalination Plant in Singapore, which was launched on 28 June as the country's third desalination plant.

07 Aug
Bank of america
BofA-ML sees signs volatility bubble in stocks deflating

Analysts at Bank of America-Merrill Lynch are hailing what they term a "healthier" US stockmarket, arguing that it is leading the deflation of the low volatility 'bubble'.

07 Aug
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LXB sells remaining land interests at Rushden Lakes

Jersey resident closed-ended real estate investment company LXB Retail Properties announced on Tuesday that, on 3 August, it completed the sale of its remaining land interests at Rushden Lakes, and was now freed from its obligations in connection with Phase 4, the Garden Square scheme.

07 Aug
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Asia report: Solid rebound sends most markets higher

Markets in Asia were mostly higher on Tuesday, as investors reacted to a strong session on Wall Street overnight and seemingly shrugging off the latest trade concerns in the ongoing war of tariffs between Washington and Beijing.

07 Aug
anglo glencore collahuasi copper
FTSE 250 movers: Kaz Minerals leaps but Domino's drops on overseas woes

London's FTSE 250 was up 0. 38% at 20,629. 05 in afternoon trade on Tuesday.

07 Aug
carillion schools
UK receiver to investigate Carillion directors as final contracts transfer

The trading phase of liquidating failed government contractor Carillion has been completed and operations will now move to paying suppliers and investigating the conduct of the company’s directors, the government Insolvency Service said.