Market Pulse - Europe
Bonds: Euro area yields bounce back on ECB speculation
These were the movements in some of the most widely-followed 10-year sovereign bond yields: US: 2. 31% (+4bp)UK:1. 09% (+3bp)Germany: 0. 38% (+5bp)Spain: 1. 68% (+7bp)France: 0. 90% (+7bp)Italy: 2. 27% (+9bp)Portugal: 3. 61% (+5bp)Greece: 6. 44% (-1bp)Japan: 0. 03% (+0bp).
Sector movers: Engineers pace gains
Engineers registered the biggest gains on Tuesday on the back of supportive comments from analysts at two top brokers.
Deutsche Bank trims HSBC target price ahead of Q1 figures
Analysts at Deutsche Bank revised their target price for shares of HSBC modestly lower ahead the lender's first quarter figures, due out on 4 May.
Telford Homes to buy Stone Studios in Hackney Wick
AIM-listed residential property developer Telford Homes has exchanged contracts for the purchase of Stone Studios, a residential-led mixed-use development site on Wallis Road, Hackney Wick, E9.
AstraZeneca gets EC marketing approval for lung cancer drug Tagrisso
AstraZeneca has received full marketing authorisation from the European Commission for Tagrisso for the treatment of adult patients with non-small cell lung cancer.
FTSE 100 movers: Ashtead lifted by broker note; Whitbread slumps on outlook
London's FTSE 100 was up 0. 3% to 7,284. 28 in afternoon trade, with gains more subdued following a strong session on Monday.
FTSE 250 movers: Elementis rallies on trading statement; Vectura hit by downgrade
London's FTSE 250 was up 0. 1% to 19,628. 75 in afternoon trade, with broker notes providing much of the action.
London midday: Stocks edge higher but Whitbread slumps on outlook
London stocks had edged higher by midday as investors sifted through corporate news, with trading a little subdued compared with the strong gains of the previous session.
Goldman Sachs takes axe to mining stocks
Goldman Sachs adjusted its ratings on metals and mining stocks on Tuesday as it adopted a tactically bearish stance.
London open: Stocks flat as investors pause for breath
London stocks were little changed in early trade as investors paused for breath following strong gains in the previous session, when sentiment was underpinned by hopes that centrist Emmanuel Macron will win France's presidential elections.
Hornby defends chairman Canham, says not in best interests to replace him
Model train maker Hornby said that it was not in the best interests of the company or its shareholders to remove chairman Roger Canham from the board and replace him with Alexander Anton.
Plus500 agrees settlement with Belgian regulator
Online trading platform provider Plus500 has reached a €550,000 settlement agreement with the Belgium Financial Services and Markets Authority.
JP Morgan upgrades Weir Group to Outperform
JP Morgan revised its target price on shares of oil equipment manufacturer Weir Group, judging that it had been too cautious regarding the firm's near-term pricing power.
Berenberg starts Ascential at 'buy'
Berenberg initiated coverage of B2B media comapny Ascential at 'buy' with a 400p price target.
Europe open: Slights gains as investors monitor political developments in France
European stocks started the trading session on the front foot with the previous day's intense buying pressure carrying through into Tuesday, as investors monitor political developments in France and ahead of the European Central Bank's policy meeting later in the week.
French business sentiment steady in April
Business confidence in France was steady in April amid improved conditions in the factory sector, offset by a slip in service sector confidence.
Premier Oil refinancing deal on track as holders enter lock-up agreement
Premier Oil said on Tuesday that holders of more than 75% of its $245m convertible bonds have entered into a lock-up agreement, which commits them to vote in favour of the proposed refinancing on the terms of that agreement.
Carpetright sees FY profit at lower end of market expectations
Specialist carpet and floor coverings retailer Carpetright said on Tuesday that its full-year profit is expected to be towards the lower end of the current range of market expectations for underlying pre-tax profit of £13. 9m to £16. 2m.
Tullow Oil gets 95% backing for rights issue
Tullow Oil has received acceptances for around 95. 3% of the new shares offered in its $750m rights issue, which was announced back on 17 March.
London pre-open: Stocks seen higher as investors continue to cheer Macron
London stocks were set for another positive day on Tuesday, taking their cue from upbeat sessions in the US and Asia as investors continued to bet that centrist Emmanuel Macron will win the French presidential elections.