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Director dealings: Dunelm non-executive director makes share purchase
Dunelm revealed on Tuesday that non-executive director Ajay Kavan had acquired 2,471 shares in the FTSE 250-listed homewares retailer.
FTSE 100 movers: Airlines, BP in the red
London’s FTSE 100 was up 1. 2% at 8,313. 67 in afternoon trade on Tuesday.
London midday: Stocks rally as they play catch-up with US, European gains
London stocks were still firmly in the black by midday on Tuesday, with the FTSE 100 hitting record highs as markets played catch up with gains seen in the US and Europe a day earlier.
Asia Dragon shares surge on Ashoka merger proposal
Shares in the Abrdn-run Asia Dragon Trust spiked on Tuesday after the £35m Ashoka Whiteoak Emerging Markets made a merger approach for its much larger rival.
FTSE 250 movers: Abrdn's Asia Dragon in focus after approach from smaller rival
FTSE 250 (MCX) 20,387. 87 1. 11%.
Sector movers: Defensives pace gains
Shares of electricity companies paced gains on the FTSE 350 on Tuesday as investors continued to shift back into longer-dated government bond yields on either side of the Pond.
Jefferies raises target price on Mondi
Jefferies upped its target price on paper and packaging business Mondi from 1,650. 0p to 1,700. 0p on Tuesday following the group's first-quarter trading update.
Berenberg hikes target price on Astrazeneca
Analysts at Berenberg hiked their target price on drugmaker Astrazeneca from 1,200. 0p to 1,300. 0p on Tuesday, citing the group was "instilling confidence in the revenues of tomorrow".
MTI Wireless Edge secures orders with Israeli customers
Technology group MTI Wireless Edge has received three orders totalling approximately $3. 0m, most of which will be supplied in the current financial year.
US open: Mixed start to trading, Dow on track for fifth consecutive daily win
Wall Street trading got off to a mixed start on Tuesday as the blue-chip Dow Jones looks to register its fifth positive session in a row.
First-quarter losses surge at Spirit AeroSystems
Losses at Spirit AeroSystems Holdings soared in the first quarter, the Boeing supplier confirmed on Tuesday, as production slowed and inventory built up.
Disney's streaming arm posts maiden profit
The Walt Disney Company’s entertainment streaming arm swung to profit in the last quarter, the US giant confirmed on Tuesday, the first time since the 2019 launch of Disney+.
Carpetright axing more than 25% of head office staff - report
Carpet retailer Carpetright is reportedly axing more than 25% of its head office staff as it grapples with a protracted downturn in trading.
BP in $1.75bn buyback as Q1 profits fall on weaker prices, margins
BP reported a worse-than-expected fall in first-quarter profit on the back of lower oil and gas prices, an outage at a US refinery and “significantly weaker” fuels margins as it also started a $1. 75bn share buyback.
Abingdon Health acquires IVDeology in £0.7m deal
Lateral flow contract research, development and manufacturing provider Abingdon Health announced the acquisition of IVDeology and its subsidiaries on Tuesday, for up to £0. 7m.
Northern Bear trades well despite 'significantly higher rainfall than normal' in H2
Building and support services business Northern Bear said on Tuesday that it has continued to trade well over the six months ended 31 March despite a "significantly higher rainfall than normal" during the period.
Aferian extends maturity dates on bank facilities, shareholder loan
Video streaming specialist Aferian announced an extension of the maturity dates for its senior loan facilities and shareholder loan on Tuesday.
US pre-open: Dow looks to log fifth winning session
Wall Street futures were little changed ahead of the bell on Tuesday as the blue-chip Dow Jones looks to register its fifth positive session in a row.
Seeing Machines reports strong third quarter
Shares in driver monitoring technology company Seeing Machines were rising on Tuesday, after it reported a strong set of performance indicators for its third quarter.
Nexxen launches $50m share buyback programme
Connected television advertising technology company Nexxen International announced the start of a new share repurchase programme of up to $50m on Tuesday.