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Wednesday preview: US private sector payrolls, Fed meeting minutes in focus
Wednesday's focus in financial markets will be on the release of consultancy ADP's private sector payrolls report for the month of December with traders likely to be looking for any hint of Omicron's impact on activity towards the end of the month.
Europe close: Travel and banking names pace gains, Technology unloved
Travel and Leisure and banking stocks paced the advance in European equity markets on Tuesday, as investors punted on hopes that further curbs may not be needed to deal with the Omicron Covid variant.
London close: FTSE rings in the year by pushing past 7,500
London stocks finished the first session of 2022 above the waterline on Tuesday, with travel shares pacing the gains as investors welcomed signs that Omicron was less severe than previous variants of Covid-19.
Director dealings: Johnson Matthey non-exec picks up some shares near recent lows
A Johnson Matthey director picked up some shares in the of specialty chemicals manufacturer even as they traded near their 52-week lows.
Broker tips: IAG, HSBC, Dechra Pharmaceuticals
Analysts at Citi reiterated their 'buy' recommendation for shares of IAG while downgrading that for WizzAir to 'sell', in anticipation of a better performance by long haul carriers in comparison to their short haul peers.
Increasing number of Americans risking looking for new job, survey reveals
The US labour market remained strong in November, prompting an increasing number of Americans to risk looking for a different employer, the results of a closely-followed survey showed.
Tekcapital investee MicroSalt closes $0.75m crowdfund
Intellectual property investor Tekcapital announced on Tuesday that Salarius' US subsidiary MicroSalt has completed an oversubscribed Reg CF crowdfund, having achieved its goal of $0. 75m.
Tasty trading plummets in December after 'encouraging' year
Casual dining restaurant operator Tasty updated the market on its trading on Tuesday, reporting that for the second half of the year up to December it was “extremely encouraging”.
Chamberlin wins components order for 'major' London project
Castings and engineering company Chamberlin announced the award of a “significant” new order for its Scunthorpe-based iron and steel casting foundry Russell Ductile Castings (RDC) on Tuesday.
Marie-Louise Fjallskog tapped as Faron's new chief medical officer
Clinical-stage biopharmaceutical company Faron Pharmaceuticals announced the appointment of Marie-Louise Fjällskog as its chief medical officer on Tuesday, to be based in Boston, Massachusetts and effective immediately.
Verici granted 'fundamental' codes for tests in US market
Organ transplant diagnostics company Verici Dx has been granted ‘CPT’ proprietary laboratory analyses (PLA) codes for both its ‘Clarava’ and ‘Tuteva’ tests by the American Medical Association (AMA), it announced on Tuesday.
FTSE 250 movers: Airlines, travel stocks fly higher
London’s FTSE 250 was up 1. 8% at 23,909. 94 in afternoon trade on Tuesday.
MTI Wireless Edge buys 51pc of defence tech firm PSK
Radio frequency technology company MTI Wireless Edge announced on Tuesday that its wholly-owned subsidiary MTI Summit Electronics has agreed to acquire 51% of PSK Wind Technologies.
DX shares suspended due to annual report delay
Corporate mail, courier and parcel logistics company DX updated the market on its report for the year ended 3 July on Tuesday, as its shares were suspended due to a late publication.
Longboat confirms start of drilling in Norwegian North Sea
North Sea-focussed exploration and production company Longboat Energy announced the start of drilling operations on the Ginny and Hermine exploration well in the Norwegian Sea on Tuesday, where it has a 9% holding.
US manufacturing grows briskly in December, signs of improvement in supply chains
America's factory sector continued growing at a brisk clip last month as supply chain disruptions eased, despite the advent of Omicron, the results of a closely-followed survey revealed.
FTSE 100 movers: Travel stocks gain; Dechra hit by downgrade
London’s FTSE 100 was up 1. 8% a t7,515. 15 in afternoon trade on Tuesday, kicking off the new year in style.
BoA says prospects for HSBC share buybacks brightening
Analysts at Bank of America raised their target price for shares of HSBC, telling clients that the prospects for share buybacks by the lender were brightening.
US open: Goldman Sachs and JP Morgan pace gains on Dow, Nasdaq slips
Wall Street's main stock market indices were trading in decidedly mixed fashion following the release of slightly weaker-than-expected economic data.
Go-Ahead shares suspended due to late-running results
Go-Ahead Group made a request for its shares and bond to be temporarily suspended from trading on Tuesday, pending its results for the year ended 3 July.
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