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Liberum sees value in motor retailers amid 'sweeping changes'
Analysts at Liberum initiated coverage on several London-listed motor retailers on Tuesday, noting the motor industry was facing "sweeping changes" and a margin crunch.
Versarien launches new graphene-enhanced 'Polygrene' range
Advanced materials engineering group Versarien announced the formal launch of its new graphene-enhanced polymer range, ‘Polygrene’, on Monday.
HSBC cuts Apple to 'hold', cites market saturation
HSBC downgraded its stance tech giant Apple to 'hold' from 'buy' on Tuesday, trimming the target price to $200 from $205 as it pointed to its dependence on the iPhone and the saturation of the smartphone market.
Europe midday: Profit-taking sets in as investors brood over uncertainties
Stocks on the Continent have come under some profit-taking with some market commentary referencing lingering doubts around the specifics of the trade truce agreed by the US and China at the weekend and even concerns around the outlook for economic growth in the US.
Water Intelligence quarterly sales surpass total from last year
Leak detection service Water Intelligence saw sales grow more than 40% in the third quarter of its trading year thanks to a strong performance in all of its business lines.
Surface Transforms revenues take a dip
Surface Transforms updated the market on its trading for the six months ended 30 November on Tuesday, reporting a fall in revenues to £0. 51m from £0. 52m a year earlier.
Record numbers of UK workers still living in poverty
Over one in five of the UK population live in poverty, including 8m who live in families where at least one person is in work, said the latest report from the Joseph Rowntree Foundation.
ECR Minerals submits new exploration licences in Australia
Precious metals exploration and development company ECR Minerals has submitted new licence applications to augment its existing gold exploration interests in the Australian state of Victoria, it announced on Tuesday.
Marlowe profits soar on new acquisitions
Support services outfit Marlowe saw first-half profits rise in the six months leading to 30 September as a result of recent acquisitions giving a boost to revenues.
MS International leaps as interim profits double
MS International was boosted on Tuesday after reporting interim profits had almost doubled following strong performances from its three largest divisions.
Tekmar plummets as revenues sink on preferred bidder delays
Tekmar tumbled by more than 20% on Tuesday after interim revenue plummeted following a delay in the award of preferred bidder contracts and a change in product mix.
Roche upbeat on new drug study results
Roche announced new data from the ‘Venclexta’/’Venclyxto’ (venetoclax) clinical development programme on Tuesday, including longer-term results from the phase III MURANO study in people with previously-treated chronic lymphocytic leukaemia (CLL).
Canaccord downgrades Kier as it accounts for rights issue, macro risks
FTSE 250 construction group Kier was under the cosh again on Tuesday as Canaccord Genuity cut its stance on the stock to 'hold' from 'buy' and slashed the price target to 525p from 1,200p to take into account the heavily-discounted rights issue announced last week and macro risks.
Retailers face nerve-wracking December as consumers hold back
UK consumer spending growth slowed last month to its lowest level of growth since March as department store and clothing spending contracted, but entertainment spending remained strong.
Ryanair reaches initial agreement with German pilots
Ryanair confirmed that it has signed a framework agreement with the German pilot union, Vereinigung Cockpit, on Tuesday.
Diversified G&O strikes decommissioning deal with West Virginia
Diversified Gas and Oil has agreed to plug, return to production or dispose of at least 50 gas and oil wells per year in the US state of West Virginia over the next 15 years.
US pre-open: Stocks to drop as investors grow sceptical about trade truce
US futures pointed to a negative open on Wall Street on Tuesday as the trade truce rally ran out of steam.
Asia report: Markets mixed as questions raised over US-China trade truce
Markets in Asia were in a mixed state as they closed on Tuesday, as positivity from the bumper session on Monday began to make way for questions on the trade truce agreed between Donald Trump and Xi Jinping.
London midday: Stocks fall into the red as sterling surges
London stocks had fallen into the red by midday on Tuesday as sterling spiked higher after a senior European Court of Justice official said Britain would be allowed to unilaterally revoke Article 50.