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Bank of America upbeat despite profits slide
Bank of America said it had seen a “strong” first quarter on Tuesday, despite posting a sharp fall in profits.
Berenberg stays at 'buy' on Yellow Cake on tight supplies and supply risk
Analysts at Berenberg stood by their 'buy' recommendation for shares of Yellow Cake, the uranium oxide concentrate holding company, following a fireside chat with its boss, Andre Liebenberg.
Ericsson sees sales stabilising, shares spark
Shares in Ericsson rallied on Tuesday, after the Swedish telecoms group posted above-forecast quarterly numbers and said it expected sales to stabilise in the second half.
Europe midday: Shares stay in the red; Dr Martens stumbles
European shares were sharply lower on Tuesday after hefty losses on Wall Street as investors waited for Israel's response to a missile attack by Iran on Saturday.
US pre-open: Futures mixed as 10-year Treasury note reaches fresh high
Wall Street futures were mixed ahead of the bell on Tuesday as the 10-year Treasury note hit a fresh high.
London midday: Risk appetite hammered by mixed data, Middle East fears
UK equities were a sea of red on Tuesday with just six stocks on the FTSE 100 in positive territory, as a barrage of mixed economic data and rising concerns about conflict in the Middle East hammering market sentiment.
Sosandar FY revenues grow, expects 'marginal loss'
British fashion brand Sosandar detailed year-on-year revenue growth on Tuesday but said it still expects to report a "marginal loss" for the year.
Everyman's growth trajectory on track, says Canaccord Genuity
Everyman Media is "well positioned for future success", according to Canaccord Genuity, which reiterated a 'buy' rating on the company following its 2023 results on Tuesday.
Cyanconnode FY revenues to 'materially exceed' market expectations
Narrowband radio mesh networks business Cyanconnode said on Tuesday that full-year revenues were expected to "materially exceed" market expectations.
Cinema chain Everyman delivers strong results, expects further growth in 2024
Shares in Everyman Media jumped on Tuesday after the upmarket cinema chain released its 2023 results, showing a double-digit rise in revenues and profits, with further growth expected this year.
Germany investor morale strengthens in April - ZEW
Investor morale in Germany improved by more than expected this month, a closely-watched survey showed on Tuesday.
Asia report: Stocks slide amid fresh geopolitical fears
Asia-Pacific markets experienced a significant downturn across the board on Tuesday, influenced by global geopolitical concerns and robust economic data from China.
System1 revenues grow YOY
Software group System1 said on Tuesday that revenues had grown year-on-year, buoyed by the successful launch of its TYA Pro+ offering and strong platform revenue growth in the US.
International Paper to snap up DS Smith in £7.8bn deal
International Paper has agreed to buy British rival DS Smith in a £7. 8bn all-share deal, it was confirmed on Tuesday.
Eleco acquires Vertical Digital companies
Software provider Eleco has acquired the Vertical Digital group of companies in a deal worth as much as €1. 55m.
Marks Electrical delivers record FY revenues
Electrical retailer Marks Electrical Group said on Tuesday that it had delivered record full-year revenues in the 12 months ended 31 March, driven by increased market share.
Dr Martens shares plunge 30% as CEO goes amid bleak profit outlook
Dr Martens shares slumped by a third on Tuesday as the UK bootmaker said chief executive Kenny Wilson would step down and issued another profit warning for the current financial year amid continuing woes in its key US market.
China registers best-ever quarter for air passenger numbers
The number of air travellers in China surged to above pre-pandemic levels in the first quarter of 2024, according to the Civil Aviation Administration of China on Tuesday.
Ninety One assets under management slip year-on-year
Global investment manager Ninety One said in an update on Tuesday that its assets under management amounted to £126bn as of 31 March.
Superdry to quit stock market in far-reaching restructuring
Superdry is to delist from the London Stock Exchange as part of a far-reaching restructuring plan, the struggling retailer confirmed on Tuesday.