Latest News
Lyft plots route to $2.1bn IPO
Ride hailing firm Lyft expects to raise up to $2. 1bn in its upcoming initial public offering, it announced on Monday.
Tuesday preview: Parliament, employment report in focus
After House Speaker, John Bercow's, decision that the Prime Minister would be best advised not to pursue a third vote on her withdrawal proposal, global investors' attention is now likely be trained on Westminster all the more intensely.
Jupiter Fund Management's new boss buys-in
Jupiter Fund Management's chief executive officer, Andrew Formica, bought-in shortly after taking up his new post on 1 March.
London close: Stocks jump as Speaker of the House sends pound lower
Stocks in London's top-flight index jumped on Monday, helped along by a weaker pound and a strong performance from the mining sector, even as the Speaker of the House of Commons, John Bercow, surprised markets, telling MPs the Prime Minister could not bring her withdrawal proposal back for a third vote.
Raven Property Groups swings to loss on weak rouble
Russia-focused commercial property investment outfit Raven Property Group on Monday reported that it swung to a full-year loss due to a weak rouble exchange rate.
FTSE 250 movers: Senior stutters, Hunting heats up
London's FTSE 250 finished pretty much flat on Monday, dropping just a small handful of points to 19,486. 7.
Sector movers: Resources drive FTSE 100
Resources companies and grocers were providing fuel for the FTSE 100 on Monday, though the mid-cap index was running on empty, led by auto industry and industrial engineers.
Brexit: Speaker rules out third meaningful vote
Theresa May cannot bring her Brexit deal back for a third 'meaningful vote', the House of Commons speaker ruled on Monday, sending the pound plummeting again.
Strategic Minerals to take 100pc stake in Cornwall Resources
Strategic Minerals has entered into arrangements with New Age Exploration to acquire its entire 50% shareholding in Cornwall Resources - the joint venture vehicle developing the Redmoor tin and tungsten project in Cornwall, it announced on Monday.
Omega Diagnostics CE-marks 'VISITECT CD4' test for HIV patients
Medical diagnostics company Omega Diagnostics announced on Monday that it has CE-marked its ‘VISITECT CD4’ advanced disease test for monitoring people living with HIV.
Microsaic expands in Asia with OEM deal
Mass spectrometry instrument developer Microsaic Systems has signed an original equipment manufacturer (OEM) agreement with Biometrics Technologies (BMT) for the integration of the ‘Microsaic 4500 MiD’ MS detector with BMT's ‘High Performance Liquid Chromatography’ (HPLC) equipment, for distribution in southeast Asia, Korea and India.
Monday broker round-up
IWG: RBC Capital Markets upgrades to sector perform with a target price of 260p.
Smart Metering Systems to supply meters to SSE small business customers
Metering services company Smart Metering Systems (SMS) has signed an agreement with SSE Energy Supply, under to which SSE appointed SMS as its preferred national supplier to provide services as an integrated smart meter installer and meter asset provider to its small business customers.
Shore Capital gets FCA clearance for Stockdale Securities deal
The Financial Conduct Authority has approved stockbroker Shore Capital's acquisition of Stockdale Securities.
FTSE 100 movers: Miners rally as metals prices rise; Rightmove retreats on downgrade
London's FTSE 100 was up 0. 9% to 7,290. 37 in afternoon trade on Monday as investors mulled the possibility of a third meaningful vote on Theresa May's Brexit deal.
EasyJet pulls out of Alitalia consortium
EasyJet said on Monday that it has decided to withdraw from a consortium set up to consider bidding for bankrupt Alitalia.
US open: Stocks overcome drag from Boeing heading into FOMC
Wall Street is extending last Friday's gains, despite the ongoing drag from Boeing, even as investors look to this week's Federal Reserve policy announcement.
Capital & Regional faces tough conditions but still a 'buy' for Berenberg
Berenberg has reduced its price target on Capital & Regional but insisted the property group remained a buying opportunity, despite the challenging conditions surrounding shopping centres.
Volution climbs after strong Nordics performance
Volution Group increase interim profits and revenue after a strong performance from its Nordics division.
Asia report: Markets firmer as hopes for trade deal rise
Markets in Asia finished in positive territory on Monday, with investors keeping their ears up for any news on the ongoing trade war between China and the US.