Market Pulse
Deutsche Bank to pay $7.2bn to settle US mortgages case
Deutsche Bank and the US Department of Justice have agreed the German lender will pay a $7. 2bn settlement, one of the largest ever banking fines, for misleading investors in its sale of residential mortgage-backed securities in the run up to the financial crisis.
US close: Trump's currency jabber jars stocks and dollar
Despite a solid start to earnings season, US stocks and the dollar were both sent reeling by remarks from President-elect Donald Trump that the greenback was "too strong".
Rolls-Royce agrees to pay £671m bribery and corruption settlement
Rolls-Royce has agreed to pay £671m plus interest to settle bribery and corruption allegations in the UK, US and Brazil, it announced in a statement after the market closed on Monday.
Commodities: Trump remarks spark renewed gains for gold, silver
Commodities were weaker nearly across the board, outside of copper and natural gas futures, on the heels of remarks from the US president-elect which acted as a drag on the dollar.
FX round-up: Pound higher as traders are forced to cover shorts after May, Trump
Sterling snapped higher after a speech by the Prime Minister triggered short-covering from traders, with US dollar-negative remarks from president elect Donald Trump giving the pound a further boost in its cross against that currency.
Europe close: Markets finish red on May's Brexit deliverance
European stocks made a mild retreat on Tuesday, after UK Prime Minister Theresa May outlined the government’s plans for Brexit in an eagerly-awaited speech.
Clinigen division teams up with TESARO
Clinigen Group announced on Tuesday that its Idis Managed Access division has partnered with TESARO to launch a managed access program for the investigational PARP 1/2 inhibitor, niraparib.
W Resources releases 'exceptional' results from Sao Martinho
Tungsten, copper and gold mining, production, exploration and development company W Resources announced some “exceptional results” at its São Martinho Gold project in Portugal on Tuesday.
Director dealings: Fenner newcomer joins board buying
New Fenner director Michael Ducey has joined with his new board colleagues in putting his money behind the plastics group, with a £84,000 purchase of shares.
Standard Life Investments completes sale of The Quadrangle
Standard Life Investments Property Income Trust confirmed on Tuesday it has completed the sale of The Quadrangle in Cheltenham for £11. 075m.
Sturgeon: Second Scottish independence referendum 'more likely'
Nicola Sturgeon, the First Minister of Scotland and leader of the Scottish Nationalist Party, said a second independence referendum is “more likely” after Prime Minister Theresa May said Britain would seek to leave the European single market.
Games Workshop profits to beat current forecasts, declares dividend
Games Workshop declared a dividend of 30p per share as it expects to beat market forecasts after it enjoyed a "significant increase" in sales and profits since the end of November.
US open: Stocks on the back foot as Trump rally loses steam
US stock markets edged lower on Tuesday as traders returned to their desks after the long weekend, with earnings season back in focus as the Trump rally ran out of steam and the dollar slipped against the pound.
Mears reports 'solid' 2016 performance
Social housing and care support services provider Mears issued a pre-close trading update on Tuesday, ahead of its preliminary results for the year to 31 December, which will be released on 21 March.
FTSE 250 movers: Dechra rallies after update; miners retreat
London’s FTSE 250 was down 0. 4% to 18,241. 63 in afternoon trade as investors mulled over Prime Minister Theresa May’s speech earlier on the government’s Brexit plans, in which she confirmed the UK will be leaving the single market.
Mariana talks up positive results from Hot Maden tests
Exploration and development company Mariana Resources announced a “highly favourable” outcome for its preliminary economic assessment of the high grade Hot Maden gold-copper project in north east Turkey.
Elegant Hotels posts drop in revenue but remains committed to expansion strategy
Elegant Hotels Group, the owner of six hotels and a beachfront restaurant in Barbados, reported a fall in revenue due “challenging market conditions” in the luxury hotel industry but said it remains committed to its expansion strategy.
Johnston Press sells East Anglia newspaper business for £17m
Johnston Press, the owner of the i, the Scotsman and many local newspapers, has sold its East Anglia business for £17m in order to focus on key growth areas.
UnitedHealth Q4 numbers beat on top and bottom lines
US health insurer UnitedHealth Group reported its quarterly earnings on Tuesday pre-market, comfortably beating analyst estimates as annual revenue grew by 18%.
Morgan Stanley breezes past estimates as bond trading fuels growth
US investment bank Morgan Stanley reported its quarterly earnings on Tuesday, comfortably beating analyst estimates for revenue and earnings per share.