Latest News
US close: Stocks close lower as investors await updates on potential trade deal
US stocks closed lower on Monday as investors awaited further updates on US-China trade.
Ocado completes 600m pound convertible bond sale
Online grocer Ocado closed a £600. 0m convertible bond offering at the start of the week.
Europe close: Weak Chinese trade data drags shares lower
European stocks were lower on Monday after the release of weak Chinese trade data, although another report revealed stronger-than-expected German exports.
London close: Stocks little changed as investors gird for slew of key risk events
London stocks dipped on Monday, with Tullow Oil under the cosh after a disappointing update, as investors eyed a busy week that includes rate decisions from the Federal Reserve and the European Central Bank, the UK general election and the Sino-US trade deadline.
Deutsche Bank stays at 'hold' on Aston Martin debt after St.Athan opening
Deutsche Bank's Richard Phelan reiterated his 'hold' on Aston Martin's medium-term notes following the carmaker's official launch of its new manufacturing site at St. Athan.
Hardide loss deepens on mounting costs
Hardide on Monday reported a double digit increase in profits, though its loss widened due to increased investment and the costs of its new facility.
Director dealings: Enquest CEO ups stake via trust
Enquest revealed on Monday that chief executive Amiad Bseisu had acquired 156,744 ordinary shares in the London-listed crude oil producer via Double A Limited, a discretionary trust in which his extended family holds a beneficial interest.
Tuesday preview: MRP poll and China CPI in focus
The focus on Tuesday will be on the release of YouGov's closely-followed MRP poll of voting intentions at 2200 GMT, as investors try to anticipate the result of the next general election, on Thursday.
Broker tips: ConvaTec, Anglo Pacific, Berkeley Group
RBC Capital Markets downgraded its stance on shares of medical products and technologies company ConvaTec to ‘sector perform’ from ‘outperform’ on Monday, cutting the price target to 197p from 210p following recent share price strength.
Berenberg lowers target price on Anglo Pacific
Analysts at Berenberg lowered their target price on mining firm Anglo Pacific on Monday, noting some investors appeared to be concerned about the company's ability to match the production growth and increased royalty payments stemming from its Kestrel mine.
Directa Plus awarded oil decontamination contract in Romania
Graphene-based products producer Directa Plus announced on Monday that its newly-acquired subsidiary Setcar - to be renamed Directa Environmental Services - has been awarded a contract to provide a suite of environmental decontamination services on the Trinity-1X gas project in Block 30, offshore Romania.
Panoply swings to profit as turnover climbs by a third
Panoply on Monday swung to an interim profit and reported a jump in revenue in its first full period of results since its initial public offering on 4 December 2018.
US open: Mixed start to session as investors await trade developments
Wall Street trading began on a mixed note on Monday, with investors awaiting further updates on US-China trade.
Cadence Minerals upbeat on awards of railway concession at Amapa
Cadence Minerals announced on Monday that, following the approval of the judicial restructuring plan announced on 30 August, it has agreed, along with its partners, the reinstatement of a life-of-mine railway concession between the Amapá iron ore mine and the port in Santana, Brazil, with the State of Amapá.
FTSE 100 movers: Tesco rallies as it mulls Asia business sale; Phoenix retreats
London’s FTSE 100 was up 0. 1% at 7,248. 55 in afternoon trade on Monday as investors braced for a jam-packed week which includes the general election.
FTSE 250 movers: Tullow tanks, Centamin shines
London's FTSE 250 was 0. 41% lower at 20,846. 51 in afternoon trade on Monday, with Tullow Oil leading the index downward.
Phoenix Global revenue slips as its average prices fall
Phoenix Global Resources updated the market on its third quarter operations on Monday, reporting that extended well testing had continued at Mata Mora, with the installation of the artificial lift planned for MMx-1001 in early 2020.
Merck to buy ArQule in $2.7bn cash deal
Merck has agreed to buy biopharmaceutical group ArQule in a $2. 7bn cash deal.
Canaccord downgrades Berkeley Group after recent run higher
Analysts at Canaccord Genuity downgraded their recommendation for shares of Berkeley Group Holdings on the back of the recent run-up in the share price "against a less attractive risk:reward ratio".
Open Orphan agrees acquisition of hVIVO at 34% premium
Open Orphan, the rare and orphan drug services company, has agreed the takeover of hVIVO by means of an all-share reverse take-over at a 33. 8% premium.