DuPont boosts guidance on strong Q3, shares jump
Shares in DuPont powered ahead on Tuesday, after the industrial materials specialist increased its full-year guidance following an above-forecast third quarter.
Broker tips: Ibstock, Centrica
Analysts at Berenberg have cut their target price on Ibstock to 75p from 90p after the brickmaker warned that full-year earnings would come in well below market expectations amid continued weakness in UK construction markets.
Pfizer lifts full-year guidance on robust third quarter
Pfizer lifted its full-year guidance on Tuesday, after healthy demand for its blood thinners and cancer drugs helped offset falling sales of Covid-19 medicines.
US open: Stocks mixed as Apple slips, investors watch midterms
Wall Street trading got off to a mixed start on Tuesday, with investors digesting Apple's latest quarterly earnings and looking ahead to the US midterm elections.
FTSE 100 movers: Hiscox rallies on update; AB Foods in the red
London’s FTSE 100 was down 0. 9% at 10,664. 38 in afternoon trade on Tuesday.
Ferrari raises full-year guidance as Q3 profits jump 12%
Luxury sports car maker Ferrari raised its full-year earnings and revenue forecasts on Tuesday following double-digit profit growth in the third quarter, supported by stronger vehicle personalisation revenues and deliveries of higher-value models.
Oil prices slide on reports of potential diplomatic resolution between US, Iran
Oil prices fell on Tuesday afternoon following reports the US and Iran may be willing to make concessions to end the conflict in the Middle East.
Director dealings: Hargreaves Services' Nicholas Mills lowers stake via Harwood Capital interest
Hargreaves Services revealed on Tuesday that investment vehicles connected with xxx Nicholas Mills had disposed of 800,000 ordinary shares in the AIM-listed environmental and industrial services provider.
IWG sees third-quarter revenues jump, shares rally
Shares in International Workplace Group rallied on Tuesday, after the Regus-owner posted a jump in third-quarter earnings and struck a confident tone for the rest of the year.
Bayer shares jump as strong pharma performance prompts guidance upgrade
Shares in German pharmaceuticals and chemicals group Bayer surged on Tuesday after the company raised its full-year profit outlook following stronger third-quarter sales and earnings, driven by growth in its pharmaceuticals division.
Asda appoints former Morrisons boss David Potts as CEO
Asda said on Tuesday that it has appointed former Morrisons boss David Potts as chief executive officer with immediate effect.
Berenberg cuts Ibstock target price after brickmaker warns on earnings
Analysts at Berenberg have cut their target price on Ibstock to 75p from 90p after the brickmaker warned that full-year earnings would come in well below market expectations amid continued weakness in UK construction markets.
Hot summer helps Q3 sales fizz at Coca-Cola Europacific
Coca-Cola Europacific Partners reaffirmed full-year guidance on Tuesday, after third-quarter sales fizzed on the back of the hot summer weather and growing demand for zero sugar drinks.
Supermarket Income REIT launches £50m equity raise to fund acquisitions
Supermarket Income REIT said on Tuesday that it was launching a £50m equity raise to fund six acquisitions.
US pre-open: Futures mixed as Apple slips, investors eye US midterms
Wall Street futures were mixed ahead of the open on Tuesday, with investors digesting Apple's latest quarterly earnings and looking ahead to the US midterm elections.
Europe midday: Middle East tensions hit sentiment as US attacks Iran
European shares opened were lower on Tuesday as investors awaited the US midterm elections and assessed a report that Washington had launched limited strikes against Iran a day after officials said they were prepared to pursue a diplomatic resolution to the war.
Asia report: Chip stocks tumble in SK and Taiwan; Australian stocks up despite rate hike
Asian stock markets finished mixed on Tuesday, with heavy losses for semiconductor companies dragging down indices in South Korea and Taiwan, while Hong Kong and Australia bucked the wider decline.
London midday: FTSE in the red as oil prices rise; US midterms eyed
London stocks were still in the red by midday on Tuesday following a US tech selloff and amid rising oil prices, as investors eyed the US midterm elections.
Lufthansa shares climb as Q3 profits rise despite soaring fuel costs
Shares in Lufthansa rose on Tuesday after the German airline group reported higher third-quarter profits despite a sharp increase in fuel costs, although it narrowed its full-year earnings guidance.