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Latest News
08 Jan
statpro
StatPro scores second successive Revolution Delta contract for £2.35m

StatPro’s shares climbed on Tuesday after it secured a three-year contract extension worth a minimum of £2. 35m with a large UK investment manager for its Revolution Delta service.

08 Jan
ashtead
UBS ups Ashtead to 'neutral' as slowdown priced in

UBS upped its stance on equipment rental company Ashtead to 'neutral' from 'sell' on Tuesday, lifting the target price to 1,800p from 1,700p as it said fears about a slowdown were priced in.

08 Jan
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Euro area industrial confidence takes a turn for the worse in December

Confidence levels in the euro area were down almost across the board at the end of 2018 outside of the retail sector, according to the results of several closely-followed surveys.

08 Jan
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Morrisons slides despite 'trading hard' over Christmas

Morrisons retail sales growth over the festive period seemed to disappoint investors, despite the grocer beating analyst forecasts and notching up its fourth consecutive Christmas of growth.

08 Jan
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UK, EU officials in talks on Brexit deal assurances - Varadkar

EU and UK officials were looking at ways to deliver guarantees to help Prime Minister Theresa May get her Brexit deal through parliament, said Irish Taoseach Leo Varadkar on Tuesday.

08 Jan
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Millennium & Copthorne to rebrand Mayfair hotel as The Biltmore

Millennium & Copthorne Hotels said on Tuesday that it will rebrand the Millennium Hotel London Mayfair as The Biltmore, Mayfair, as part of its plan to reposition it as a new five-star deluxe hotel.

08 Jan
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Discounters win Christmas crown, with Sainsbury's the big loser

Shoppers continued their shift towards discounters Aldi and Lidl over Christmas, while Asda and Tesco enjoyed the best of the season among the big four supermarkets.

08 Jan
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EU, UK officials in talks about possible Brexit delay - report

British and European Union officials are reportedly in talks for a possible delay of the Brexit divorce date, according to a report on Tuesday.

08 Jan
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German manufacturing falls into recession in the fourth quarter

Industrial output in the euro area's largest economy weakened substantially in November with widespread declines seen across the different subsectors.

08 Jan
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Staffline trades in line with expectations, debt rises on transformation costs

Recruitment and training group Staffline expects its full-year results to be in line with market expectations.

08 Jan
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Sopheon partners with Hershey's in innovation portfolio transformation

Software provider Sopheon has inked a deal to support The Hershey Company in the digital transformation of its product innovation portfolios.

08 Jan
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Europe open: China trade hopes boost shares

European shares opening in positive territory on Tuesday as the feel-good factor from Sino-US trade talks encouraged investors, albeit tinged with caution.

08 Jan
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German industrial production slumps in November

German industrial production unexpectedly dropped in November for the third consecutive month, according to figures released by Destatis on Tuesday, prompting concerns that the country may have entered a technical recession at the end of last year.

08 Jan
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London open: Stocks edge up on positive US cues; Morrisons drops after update

London stocks edged higher in early trade on Tuesday, taking their cue from a positive session on Wall Street as investors grew hopeful of an improvement in trade relations between the US and China.

08 Jan
vodafone servers
RBC double-downgrades 'vulnerable' Vodafone

Vodafone and its dividend are "vulnerable", RBC Capital Markets said as it downgraded the telecoms giant's shares on Tuesday.

08 Jan
Footasylum warns over FY earnings, margin after heavy discounting

Streetwear and sportswear retailer Footasylum warned on Tuesday that earnings would be towards the lower end of analysts’ forecasts, while gross margin will be lower than current market expectations following heavy discounting over Christmas.

08 Jan
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Weaker trading environments see SIG revenues fall

Specialist building materials supplier SIG updated the market on its trading for the year ended 31 December on Tuesday, reporting that despite “challenging” market conditions and lower trading revenues in the second half of the year, particularly in December, its transformation continued to progress at pace.

08 Jan
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Ferrexpo Q4 production up; sees 2019 in line with previous year

Ukraine iron ore producer Ferrexpo said fourth quarter pellet production rose 7. 2% to 2. 9m tonnes against the third quarter as it forecast 2019 total output to be in line with 2018 as a result of ongoing maintenance.

08 Jan
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Takeda takes control of Shire

Takeda Pharmaceutical has taken full control of Shire after the legal particulars of its cash and share offer were completed.

08 Jan
Morrisons sees stronger-than-expected Christmas sales, Greene King cheers festive numbers

London open The FTSE 100 is expected to open nine points higher on Tuesday, having closed down 0. 39% at 6,810. 88 on Monday.