Market Pulse
Unite calls for talks over Vauxhall job cuts
The Unite union has called on the government and Vauxhall’s parent company PSA to guarantee future investment at the car maker’s Ellesmere Port plant following the announcement over the weekend that it is making 400 people redundant due to declining sales.
ProPhotonix launches two new laser diodes
LED illumination system and laser diode module designer and manufacturer ProPhotonix announced the addition of two new infrared laser diodes to its product range on Monday.
Hutchison Chi-Med upbeat on latest Iressa trial results
Hutchison China MediTech - commonly known as Chi-Med - reported preliminary clinical activity, safety, and tolerability data of fruquintinib, an investigational selective inhibitor of vascular endothelial growth factor receptor given in combination with Iressa, on Monday.
Asia report: Most markets higher as investors sift through China data
Markets in Asia were mostly higher on Monday, following a strong finish from Wall Street on Friday and as investors sifted through fresh inflation data from China.
Europe midday: Spanish stocks drop as Catalan president goes for broke
Stocks on the Continent are holding slightly higher despite the ongoing political standoff in Spain between the central government in Madrid and regional officials in Catalonia.
FirstBank willing to go hostile for Aldermore as analysts spy further bids
South African's FirstRand bank said on Monday it would be prepared to mount a hostile bid for smaller UK peer Aldermore if the challenger bank's board do not approve the deal.
London midday: Miners drive small gain; Convatec tanks on warning
London stocks were holding on to small gains by midday on Monday as miners rallied on the back of Chinese inflation data, but Convatec slid after a profit warning.
BP Marsh picks up 30% equity stake in US firm Mark Edwards Partners
Venture capitalists BP Marsh and Partners announced on Monday that it would be taking a 30% equity stake in US-firm Mark Edwards Partners (MEP), providing the North American group with a $2m loan facility for future growth in the process.
Spending falls in pubs and restaurants as consumers stay home
Pubs, bars and restaurants last month endured their biggest sales fall in a year, with London restaurants hardest hit in an industry facing a squeezed consumer and rising costs.
US pre-open: Stocks to edge higher as investors eye more earnings
US futures pointed to a positive open on Wall Street on Monday as investors looked ahead to more earnings reports.
Metal Tiger makes further investment in Australia's Kingsgate
AIM-listed Metal Tiger has announced a further strategic investment in Australia’s Kingsgate Consolidated Limited.
Europe open: Stocks mostly higher, save in Spain
Stocks on the Continent have started the morning mostly slightly higher as traders digest the implications of a raft of political events over the weekend and on Monday.
ConvaTec warns on full year and 2018 targets after supply issues
ConvaTec Group warned that revenues and profits for the full year will be lower than it had previously guided and that growth targets in 2018 may need to be adjusted.
Bioventix profits shoot higher on vit-D tests, but may plateau
Biotech group Bioventix lifted annual pre-tax profits by more than a third as revenue was boosted by a significant increase in sales of its vitamin D antibody.
UK house prices up 1.1% in October - Rightmove
House prices in England and Wales rose 1. 1% in October - or £3,432 - following a 1. 2% decline in September, according to the latest data from Rightmove.
Omega Diagnostics signs US supply agreement
AIM-listed Omega Diagnostics has signed a supply agreement with a US-based company offering laboratory testing services, specialising in gut health for improved health outcomes.
Chinese CPI weakens in September, but factory gate inflation quickens
Price pressures in China abated last month at the consumer level, even as factory gate prices jumped, as food price deflation intensified.
System1 warns investors of 'slower than expected' trading
Marketing and brand consultancy firm System1 warned investors of "slower than expected" first half trading on Monday.
Hilton Food to expand packing capability to New Zealand
Meat packing business Hilton Food said on Monday that it will go ahead with plans to expand its packing capability to New Zealand.
Koovs announces collection for N Brown's Simply Be
AIM-listed Koovs has announced a new partnership with online retail group N Brown to add its Koovs Private Label young fashion brand to the company’s Simply Be offer.