Market Pulse
US close: Markets finish higher as Trump addresses UN
Stocks on Wall Street finished higher on Tuesday as investors listened in on a speech by the American president to the United Nations general assembly, and ahead of the US Federal Reserve's policy decision the next day.
Credit Suisse upgrades Tullow Oil, downgrades Ophir Energy
Analysts at Credit Suisse rejigged their recommendations for European Exploration and Production outfits, telling clients the sector was better positioned to emerge from the cycle, while its year-to-date de-rating had made it more "attractive".
Investec says Debenhams dividend may be unsustainable
Investec reiterated its 'sell' recommendation on Debenham's on the back of expectations for foreign exchange headwinds, unanswered questions around execution and profitability and the ongoing shift towards 'on-line'.
London close: FTSE higher on the day, investors wait for Fed statement
Shares finished higher on Tuesday as the pound gave up early gains against the dollar.
BlueRock Diamond nearing monthly target production
BlueRock Diamonds, the diamond mining company and operator of the Kareevlei Diamond Mine in the Kimberley region of South Africa, said it was nearing its target of 25,000 tonnes of production per month.
FTSE 100 movers: Food retailers rise on sales, GlaxoSmithKline softens
The FTSE 100 was in the green on Tuesday afternoon, as the pound gave up early gains against the dollar.
Swallowfield boosts operating profit 180%, appoints new finance director
UK-based personal care and beauty products group Swallowfield announced on Tuesday that it had grown both full-year profits and revenue.
Inland Homes makes outline planning application on Wilton Park
Brownfield-focussed housebuilder Inland Homes announced on Tuesday that it has made an outline planning application on its 100-acre flagship development site ‘Wilton Park’ in Beaconsfield, Buckinghamshire.
US open: Merger speculation sends telecoms names higher
Stocks were holding slightly higher ahead as investors listened in on a speech by the American president to the United Nations's general assembly and ahead of the US Federal Reserve's policy decision the next day.
ITM Power sells electrolyser to Dutch-owned EnergyStock
Energy storage and clean fuel company ITM Power announced on Tuesday that EnergyStock, a subsidiary of Dutch gas transmission network operator Gasunie, has purchased an ITM Power 1. 1MW rapid-response PEM electrolyser.
ProPhotonix develops rail wheel wear monitoring lasers
High-technology designer and manufacturer of LED and laser systems, ProPhotonix, announced a new application of its digital lasers on Tuesday, having delivered an initial set of eight prototype laser modules for use in a new wheel wear monitoring and control system.
First Derivatives to focus on machine learning
First Derivatives outlined a range of new initiatives on Tuesday, in a bid to put machine learning (ML) capabilities at the heart of future development for the group's Kx technology in direct response to what it said was increasing interest from current and potential customers.
Wednesday preview: Fed to announce policy tightening, UK retail sales due
Results from Kingfisher and Babcock, followed by official data on UK retail sales will for many traders prove only an hors d'œuvre for the US Federal Reserve's policy announcement late on Wednesday.
TomCo secures JR Technologies patent via subsidiary
AIM-listed oil investors TomCo announced on Tuesday that it had made further progress in its initial agreement with JR Technologies (JRT) and Venture Development Partners to assist the firm to develop and implement new oil shale processing technology.
Palace Capital eyes acquisition of RT Warren
Commercial property and investment firm Palace Capital announced on Tuesday it had conditionally agreed to acquire the entire issued share capital of RT Warren Investments for a cash consideration of £53. 3m.
Brady selected as cloud solution provider to Gaelectric
Trading, risk management and settlement solutions provider Brady announced on Tuesday that Gaelectric Trading and Market Services (GTAMS) - which it described as “one of Ireland's leading” energy trading and market services providers - had selected Brady's I-SEM Cloud solution.
London police investigate 'suspicious' packages near Holborn tube, Leadenhall Market
Police in London evacuated the area around Holborn underground station and Leadenhall Market on Tuesday as they investigated two separate reports of "suspicious" packages.
WANdisco launches 'first' hybrid data lake architecture with AWS
‘Active data replication’ company WANdisco announced the launch of what it said is one of the first ‘hybrid data lake’ architectures on Tuesday, in collaboration with Amazon Web Services.
Big supermarkets' sales boosted by inflation but LADs still grabbing share
Tesco, Sainsbury's, Asda and Morrisons all continues to grow sales in recent weeks as the supermarket industry extended its run of success as grocery price inflation continues to surge.
FTSE 250 movers: Stagecoach speeds ahead as Ocado trips
The FTSE 250 was up 0. 42% to 19,519. 67 in afternoon trade on Tuesday as the pound surrendered early gains in the morning, with transport firm Stagecoach Group leading the way.