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Latest News
23 Oct
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Lloyds and Schroders to launch wealth management JV

Lloyds Banking Group and Schroders have announced plans to launch a financial planning business aimed at affluent customers.

23 Oct
libras
Collagen Solutions sees good uptick in revenue

Medical grade collagen-based biomaterials manufacturer Collagen Solutions updated the market on its trading for the six months ended 30 September on Tuesday, reporting that revenue and other income was expected to be £2. 10m.

23 Oct
lingote oro gold
FTSE 250 movers: Avast sinks on share sale but gold miners shine

London's FTSE 250 index was down 1. 84% to 18,413. 18 in afternoon trade on Tuesday, with gold miners reaping rewards from sliding stock prices.

23 Oct
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Blue Star extends exclusivity agreement over potential SatoshiPay acquisiton

Technology-focussed investing company Blue Star Capital updated the market on the heads of terms entered into with SatoshiPay in July on Tuesday.

23 Oct
biogen
Biogen beats the Street on Spinraza growth

US biotech Biogen saw third-quarter profits come in ahead of analysts' estimates as a result of double-digit sales growth of its muscular atrophy treatment Spinraza.

23 Oct
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European Commission rejects Italian budget proposals, Salvini defiant

The European Commission rejected Italy's medium-term budget proposals on Tuesday, asking the government in Rome to return to the drawing board and come back within three weeks.

23 Oct
bank atms hsbc cash point
HSBC facing major slowdown of key Hong Kong business

HSBC's pivotal Hong Kong arm faces losing corporate and retail banking market share to 'virtual banks', Citigroup warned on Tuesday, with loan growth potentially falling off a cliff in the third quarter.

23 Oct
united states us america washington congress
Trump's new tax proposals take Congress by surprise

Republican lawmakers seem to be somewhat confused after Donald Trump told supporters over the weekend that Congress would be voting on a new tax cut for middle-class Americans following the midterm elections, despite those same lawmakers having never heard of any such legislative proposals.

23 Oct
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United Technologies raises guidance following stronger-than-expected demand

United Technologies upped its full-year earnings guidance for the third time in a year on Tuesday on the back of a stronger than expected set of quarterly earnings.

23 Oct
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1Spatial confident after narrowing losses in first half

1Spatial turned in a strong set of first-half results on Tuesday as the data management outfit expressed confidence regarding the remainder of its trading year following a significant narrowing in losses.

23 Oct
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Coral Products sees improved performance in first five months

Investors in Coral Products heard how the company had seen an improved performance in the new year on Tuesday, as they gathered for its annual general meeting.

23 Oct
cbyuan short
Asia report: Markets fall as global tensions continue to rise

Markets in Asia finished their Tuesday sessions in the red, with investors keeping their wallets closed amid signs of rising geopolitical tension globally.

23 Oct
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EU prepared to agree UK-wide customs union - report

The pound popped up on Tuesday afternoon after reports emerged that the European Union is prepared to accept the creation of a UK-wide customs union.

23 Oct
ep donald trump rompeacuerdoparis
US missile treaty withdrawal could aggravate tensions with China

US President Donald Trump’s threats to pull out from a nuclear arms treaty with Russia could open new options to counter Chinese advances in missile technology but may also risk an arms race that would further escalate tensions with the Asian giant.

23 Oct
presidente-turquia-recep-tayyip-erdogan
Khashoggi's body parts found after Erdogan claims death was planned murder

Body parts belonging to Saudi journalist Jamal Khashoggi have been found hours after Turkish President Tayyip Erdogan in an address to parliament on Tuesday rejected Saudi claims that his death was a tragic accident and accused Saudi of pre-planning a "ferocious murder".

23 Oct
cybg, clydesdale
Barclays starts CYBG at 'underweight', says margin to disappoint

Barclays initiated coverage of CYBG at 'underweight' with a 280p price target on Tuesday as it said margins were likely to disappoint.

23 Oct
hacker
Corero nets £1m from two cyber-security orders

Corero Network Security on Tuesday confirmed the receipt of two orders for its SmartWall technology for a total of $1m.

23 Oct
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Communisis agrees to £154m takeover offer from OSG Group

Communications and marketing group Communisis has agreed to a £153. 8m takeover offer from US-based billing and payment solutions firm OSG Group.

23 Oct
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Team17 CFO stands down

Video games developer Team17 revealed that long-time chief financial officer Paul Bray had decided to step down and retire in order to spend more time with his family.

23 Oct
cybg, clydesdale
Tuesday broker round-up

CYBG: Barclays initiates underweight with a target price of 280p.