Latest News
Simon Taubman to buy shopping centre specialist in $3.6bn deal
Simon Property Group is to take control of mall owner Taubman Centers in a $3. 6bn cash deal, the US firms announced on Monday.
Shanta Gold to acquire Kenya assets from Barrick Gold
East Africa-focussed gold producer Shanta Gold has entered into a definitive agreement under which it will purchase 100% of the shares of Acacia Exploration Kenya (AEKL) from two subsidiaries of Barrick Gold Corporation.
Tandem Group starts year slower amid coronavirus concerns
Sports, leisure and mobility equipment company Tandem Group updated the market on its trading for 2019 on Monday, reiterating that revenue in the first half of the year was up around 27% as a result of strong performance from both licensed and own-brand properties.
Xerox sweetens bid for HP to $24 a share
Xerox has sweetened its bid for HP to $24 a share from $22 a share.
Investor sentiment eases in Eurozone on coronavirus concerns
Investor sentiment has weakened in the Eurozone, as fears grow about the impact of the coronavirus outbreak on the global economy.
Europe midday: Irish stocks pace losses after general election
Stocks across the Continent remained a tad lower with Irish and German stocks in focus amid the latest and unexpected political headlines in each country.
Serabi Gold upbeat on progress at Coringa and Palito
Brazil-focussed gold exploration and development company Serabi Gold announced on Monday that the “much-awaited” public hearing for its Coringa project took place on 6 February.
EU calls for clearer regulations for bank rescues
A European Union official said there needs to be clearer rules on how to deal with collapsing banks and their rescue in order to prevent “perceived inequality”.
Ultimate Products revenue rises as it assesses coronavirus impact
Consumer goods company UP Global Sourcing, trading as Ultimate Products, updated the market on its first half on Monday, reporting a 2. 8% improvement in unaudited group revenues to £67. 7m.
KPMG reports rise in UK companies collapsing into administration
Accountancy firm KPMG released a report on Monday claiming that the number of UK businesses that were collapsing into administration was on the rise.
Sony and Amazon pull out of Mobile World Congress over coronavirus
Sony and Amazon have pulled out of the Mobile World Congress in Barcelona at the end of February due to the risks posed by the coronavirus.
Coronavirus helps push China inflation to eight-year high
Inflation in China has surged to an eight-year high, after the coronavirus outbreak disrupted supply chains and households scrambled to stock up on essentials.
Monday broker round-up
Consort Medical: RBC Capital Markets upgrades to sector performer with a target price of 1,010p.
US pre-open: Futures point to losses as coronavirus deaths top 900
US futures had stocks opening lower on Monday as market participants continued to monitor headlines related to the Wuhan coronavirus outbreak.
ASOS rallies on Berenberg upgrade to 'buy'
ASOS got a boost on Monday as Berenberg upgraded its stance on the shares to ‘buy’ from ‘hold’ and hiked the price target to 4,200 from 3,000p, saying the online fashion retailer is "out of the woods" and the current valuation is a "compelling" entry point.
Blackbird pleased with trading at end of 2019
Cloud video editing technology company Blackbird updated the market on its trading for 2019 on Monday, saying that since its interim results, it was making “good progress” with the next stage of its growth strategy.
Versarien reassures shareholders after share price fall
Advanced materials engineering company Versarien updated the market on the recent reduction in its share price on Monday, saying it was not aware of any material basis for the decline.
William Hill close to signing partnership with CBS Sports - report
William Hill rallied on Monday following a report that the company is in the final stages of announcing a landmark US partnership with national broadcaster CBS.
London midday: Stocks maintain losses amid coronavirus concerns
London stocks were still a little weaker by midday on Monday amid ongoing concerns about the spread of the coronavirus, as the UK declared it a "serious and imminent threat" to the public.
UK declares coronavirus 'serious and imminent threat'
The coronavirus is a "serious and imminent threat" to the British public, the health secretary said on Monday.