Full List Of Stories
M&C Saatchi FY net cash seen ‘substantially’ ahead of expectations
M&C Saatchi said on Monday that full-year net cash will be "substantially ahead" of expectations, while pre-tax profit will be in line.
FTSE 250 movers: ConvaTec dented by downgrade; Vesuvius bubbles higher
London’s FTSE 250 was down 0. 1% at 21,865. 86 in afternoon trade on Monday.
FTSE 100 movers: BAE Systems rallies on acquisitions; NMC Health slumps
London’s FTSE 100 was down 0. 3% at 7,652. 46 in afternoon trade on Monday.
Morgan Stanley downgrades ASOS to 'underweight'
Morgan Stanley downgraded shares of online fashion retailer ASOS to ‘underweight’ from ‘equalweight’ on Monday, cutting the price target to 2,000p from 2,100p as it argued that consensus medium-term forecasts are "still much too high".
UBS downgrades Capita, casts doubt over turnaround
UBS downgraded its recommendation on shares of outsourcer Capita to ‘sell’ from ‘neutral’ following a re-rating of more than 50%.
London midday: Stocks edge lower in quiet trade; BAE Systems bucks trend
London stocks had edged lower by midday on Monday, with trade expected to remain fairly quiet as US markets will be closed for Martin Luther King Jr day.
Intu Properties confirms it's looking to raise cash
Shopping centre owner Intu Properties confirmed on Monday that it is looking to raise extra cash to bolster its balance sheet.
UK house prices rise at fastest January rate on record - Rightmove
Asking prices for UK houses rose at their fastest pace on record for the month in January, according to Rightmove, with sentiment boosted by the outcome of the general election.
Lamprell secures $350m drilling rig contract
Oil rig manufacturer Lamprell has been formally awarded a $350m (£269. 50m) contract to make and deliver two jack-up drilling units with International Maritime Industries (IMI).
JPMorgan downgrades ConvaTec on valuation
JPMorgan Cazenove downgraded its stance on shares of medical products maker ConvaTec to ‘underweight’ from ‘neutral’ on Monday, cutting the price target to 168p from 171p as it pointed to an unattractive risk/reward.
Anglo American to buy Sirius Minerals in £404.9m deal
Anglo American has agreed to buy Sirius Minerals for 5. 5p a share in cash, in a deal that values the fertiliser maker at £404. 9m.
Fevertree loses its fizz after profit warning
Fevertree shares tumbled on Monday after the posh tonics maker said full-year revenue was set to miss the company’s expectations following "subdued" Christmas trading in the UK, with earnings expected to fall 5% from 2018.
London open: Stocks steady; BAE Systems rallies on acquisitions
London stocks were steady in early trade on Monday at the start of what is expected to be a fairly quiet session, with US markets out of action for Martin Luther King Jr day.
London pre-open: Stocks to edge up as oil prices rally
London stocks were set to edge up the open on Monday as oil prices rallied, but the session was expected to be fairly quiet, with US markets out of action.
Monday newspaper round-up: House prices, Flybe, HS2
The world’s energy watchdog has warned the oil and gas industry that it risks a public backlash by failing to act on the climate crisis in favour of making short-term profits. The International Energy Agency (IEA) said oil companies must balance their desire for near-term returns and a long-term future by playing a much more significant role in combating the climate crisis. – Guardian.