UK hospital operator Spire Healthcare dropped sharply after private equity group Cinven sold down its stake to 38.3% with a £136m share sale not long after the company released encouraging maiden results. Cinven's broker JP Morgan raised £136.4m by selling 40.1m shares at 340p each, a fair discount
Read moreTullow Oil's topped the risers after Citigroup raised its rating on the stock from 'neutral' to 'buy', saying that the oil group's portfolio quality was "undervalued" by the market. Poundland was making gains after a trading update showed the discount retailer had topped a billion pounds of annual s
Read moreA rebound in the mining sector and data showing that the UK economy narrowly avoided deflation gave stock markets a small boost on Tuesday, though uncertainty in Athens was limiting upside. Reports that Greece is preparing for a debt default if it can't reach a deal with its creditors were likely ke
Read moreAfter an initial drop, London's Footsie bounced into positive territory on Tuesday morning, though gains were only modest as investors awaited key economic data and reacted to uncertainty in Greece. Reports that Athens is preparing for a debt default if it can't reach a deal with its creditors were
Read moreShares in International Personal Finance shot up after Berenberg Bank upgraded its rating on the stock to 'buy' from 'hold'. "While FX and regulatory fears are weighing on the shares, IPF is exposed to significant long-term growth opportunities," said Berenberg. Hospital group Spire Healthcare saw i
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