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Labour and supply shortages hit small manufacturers - CBI
Small manufacturers saw growth slow in the last three months, an industry survey showed on Wednesday, after labour and supply shortages hit home.
Wednesday preview: US Federal Reserve, Next in the spotlight
All eyes will be on the US Federal Reserve on Wednesday with the central bank expected to announce the start to tapering of its asset purchases.
Europe close: Stocks reverse early losses to end mostly higher
European shares have come off their lows of the session, despite the release of data showing the weakest rise in factory output since the start of the recovery in July 2020.
London close: BP, mining plays keep FTSE below the line
London stocks closed below the waterline on Tuesday, with miners under the cosh as investors mulled results from the likes of BP and Standard Chartered.
Bradda Head reports 'promising' results from San Domingo
North America-focussed lithium developer Bradda Head announced on Tuesday that it has received initial, “promising” results of the ‘GPRplus’ geophysical programme at its San Domingo asset in Arizona, and that it had also added to its Central San Domingo claims.
Broker tips: Rentokil, StanChart
Analysts at Berenberg upgraded pest control services provider Rentokil from 'sell' to 'hold' on Tuesday and raised their target price on the stock from 440. 0p to 510. 0p, stating risks faced by the firm were balanced "for now".
FTSE 250 movers: Chemring in the black; TP Icap falls
London’s FTSE 250 was down 0. 1% at 23,197. 47 in afternoon trade on Tuesday.
IronRidge secures underwriter for demerger of gold assets
IronRidge Resources announced on Tuesday that Canaccord Genuity Australia, the lead manager of the proposed rights issue to be undertaken by Ricca Resources, into which IronRidge’s gold assets will be transferred and demerged, had been secured as underwriter of the issue.
Eckoh trades in line in first half
Payments and customer contact technology company Eckoh said in a trading update on Tuesday that it performed in line with its own expectations in the first half, driven by continued progress in its US secure payments business, recovering activity in the UK division and “resilience” in its business model.
FTSE 100 movers: Miners fall in tandem with metals prices; Rentokil rallies
London’s FTSE 100 was down 0. 3% at 7,269. 20 in afternoon trade on Tuesday.
Ralph Lauren ups full-year guidance as demand rebounds
Ralph Lauren boosted its full-year guidance on Tuesday after second-quarter revenues jumped by more than 25%.
Director dealings: Headlam Group director snaps up shares
Headlam Group revealed on Tuesday that non-executive director Stephen Bird had acquired 5,000 ordinary shares in the London-listed floorcoverings distributor.
Europe midday: Stocks come off lows, miners down sharply
European shares have come off their lows of the session, despite the release of data showing the weakest rise in factory output since the start of the recovery in July 2020.
ShoreCap stays at 'buy' on StanChart, says shares most undervalued in UK peer group
Analysts at ShoreCap reiterated their 'buy' recommendation for shares of StanChart, telling clients that it remained the most undervalued lender in its UK banking universe.
Ediston buys exposure to retail park revival - Peel Hunt
Ediston Property is an attractive way to buy into the revival of UK retail parks, Peel Hunt said in a positive note about the sector.
US open: Stocks trade higher ahead of FOMC meeting
Wall Street trading got off to a mostly positive start on Tuesday as investors awaited the outcome of this week's FOMC meeting.
Gaming Realms gets full Michigan licence, awaits Ontario
Mobile-focussed gambling content developer Gaming Realms announced on Tuesday that, since being issued with its provisional ‘iGaming Supplier Licence’ in Michigan in January, it had now been approved for a full licence by the state regulator, adding to its two other full licences in the US states of New Jersey and Pennsylvania.
Newest Tesla recall affects almost 12,000 cars
Tesla has recalled almost 12,000 vehicles sold in the United States over the last four years due to a software bug that could cause the car to behave dangerously, it emerged on Tuesday.
DP Poland to raise £3m in placing to support growth strategy
DP Poland said on Tuesday that it’s looking to raise around £3m in a placing and subscription to cover the costs of its integration with Dominium - the restaurant group it acquired earlier this year - and to support its growth strategy.
Jaywing brings forward purchase of remaining Frank Digital stake
Specialist data science agency Jaywing announced on Tuesday that it has agreed with Matt Barbelli, the sole director of Frank Digital in Australia, to accelerate the exercise of the put-and-call option over the 25% of Frank Digital held by the Barbelli Enterprises holding trust (BEP).
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