A 1.30% lift for the FTSE 100 on Tuesday. The index was buoyed by better numbers from Kingfisher, lifting almost 6% to 430.80p; SABMiller was also up a strong 5.04%. Cruise player Carnival though sank 4.60% while Royal Mail also saw pressure, down 3.17%.
The Dow Jones lifted 0.56% to 16,367, helped by a bio-tech lift.
We commence with news from energy player SSE which claims it will freeze gas and electricity prices till 2016. SSE is also shedding 500 jobs, plus abandoning several wind farm developments. Operational savings should hit £100m as a result it says.
SSE says it expects adjusted earnings per share for 2014/15 to be around or slightly greater than in 2013/14 but profits will be more exposed to risk in the following two years.
"We're setting out a positive agenda for customers," says chief exec Alistair-Phillips-Davies, "including our price freeze to 2016; we're making sure our own house is in order for the future by streamlining and simplifying our business."
Next, an interim from TUI Travel for the six months up to 31 March. TUI says it's pleased with trading for Winter 2013/14 with most programmes fully sold. It expects to deliver 7-10% of underlying operating profit growth for 2014.
"We have," it says, "successfully demonstrated the flexibility and resilience of our business model enabling us to absorb the impacts of geopolitical events more effectively, including the ongoing turbulent political situation in Egypt."
Finally, an update from house builder Bellway for the half-year up to 31 January. Bellway claims a "robust" first half trading performance, with 74.9% growth in earnings per share to 66.3p and a 660 bps improvement in return on capital employed to 17.1%, it claims.
It sold 3,245 homes sold (2013 - 2,597), up 25% with the average selling price upped to £212,071 (2013 - £187,426); a 13.1% hike. Bellway underlined its low net bank debt of £16.4 million - capacity for further land investment.
"Given the extent of earnings growth in the period, I am pleased to announce," says chairman John Watson, "a 77.8% increase in the interim dividend to 16.0p per ordinary share."