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FTSE 100 movers: Ashtead powers ahead on results, Shire in the green
London's FTSE 100 was down 0. 5% to 7,242. 56 in afternoon trade on Tuesday.
Elementis cuts up-front price of Mondo acquisition, shares still fall
Elementis has cut the up-front price of its acquisition of industrial talc group Mondo Minerals by $100m after the deal was poorly received by investors.
Shareholders in Bonhill Group told of 'significant change' in recent months
Investors in Bonhill Group were told of how the media form had undergone a period of “significant change” in recent months on Tuesday morning, as they gathered for the firm’s annual general meeting.
DP Eurasia performs well amid Turkey turbulence
Domino’s Pizza franchisee DP Eurasia posted its interim numbers for the six months ended 30 June on Tuesday, reporting a 28. 1% rise in group system sales to TRY 510. 4m.
Alumasc FY hit by severe weather, Carillion collapse and Brexit uncertainty
Building products group Alumasc posted a drop in full-year revenue and profit on Tuesday as it took a hit from severe weather in the third quarter, the liquidation of Carillion and Brexit uncertainty.
Premier Oil rallies on Investec upgrade to 'buy'
Premier Oil rallied on Tuesday as Investec upped the stock to 'buy' from 'hold' and lifted the price target to 150p from 135p noting that the company has finally started to deleverage.
Team17 posts solid maiden interim numbers
Games label, creative partner and developer of independent video games Team17 announced its maiden interim results for the six months ended 30 June on Tuesday, reporting a 48% rise in revenues to £15. 4m.
Berenberg starts coverage of BP at 'buy', spies 24% upside
Analysts at Berenberg sounded a 'bullish' note on Big Oil, initiating coverage of BP at 'buy' and setting a target price of 665. 0p.
STM Group posts decent first-half performance
Financial services company STM Group released its unaudited interim results for the six months ended 30 June on Tuesday, reporting a 6% improvement in revenue year-on-year to £10. 8m.
Asia report: Markets mixed with trade, North Korea in focus
Markets in Asia finished mixed on Tuesday, as traders remained concerned about the prospect of another mammoth round of tariffs in the ongoing trade spat between the United States and China.
Midwich's profit up 48% after continental expansion
Specialist audio-visual distributor Midwich saw its shares dip on Tuesday despite posting double digit growth across the board in its interim results.
CPL Resources reports 'another year of growth'
CPL Resources told investors it had witnessed "another year of growth" on Tuesday, with both revenues and profits moving ahead.
Nucleus Financial's first-half profits surge despite soft inflow
Just a couple of months after its initial public offer, Nucleus Financial reported a drop in net inflows but a doubling of interim profits as a result of an increase in assets under administration.
US small business optimism hits record high in August, NFIB says
Small businesses in America were in high spirits in August, according to the results of a closely-followed survey, with sentiment at its most buoyant in the report's 45-year history.
Capita re-selected for £93m HSE contract
Capita has been re-selected by the Health and Safety Executive to continue managing the Gas Safe Register.
Carney agrees to extend stay at BoE until January 2020
Mark Carney has accepted H. M. Treasury's offer for him to remain at the helm of the Bank of England until January 2020, thus extending his stay for another six months.
Report says UK officials are "misreading" statements by Brussels
Some officials in Brussels are "complaining" about "over-spin" by Westminster, saying that the European Union's stance vis-a-vis the Prime Minister's Chequers Plan had not changed one iota.
Surgical Innovations emerges from tough six months looking good
Designer, manufacturer and distributor of innovative medical technology Surgical Innovations Group issued its financial results for the six months ended 30 June on Tuesday, reporting growth in revenues and profit despite some significant headwinds in the market and regulatory environment, primarily due to the acquisition of Elemental Healthcare in August last year.
Inspired Energy gobbles up Professional Cost Management Group
Energy procurement consultant Inspired Energy completed the acquisition of Professional Cost Management Group (PCMG), a national cost recovery specialist, for an aggregate consideration of up to £0. 7m cash on Tuesday.
Megadeals could see biggest M&A boom since financial crisis
The value of global mergers and acquisitions in the first half of the year was the highest level since before the financial crisis of 2007, with 2018 potentially on course for a record year.