Market Report
Premier Foods plays down Batchelors sale report
Mr Kipling and Bisto owner Premier Foods noted press speculation over the weekend about a possible sale of its Batchelors' brand to Nissin, saying it has made no changes to its strategy since the preliminary results last May and talks with Nissin are still at a very early stage.
Bodycote expects one-off US tax benefit, FY operating profit seen at top end of views
FTSE 250 heat treatment supplier Bodycote said on Monday that it now expects full year 2017 headline operating profit to be towards the upper end of market expectations as it announced that US tax changes should have a positive one-off impact.
Hikma appoints Surendera Tyagi as chief scientific officer
Hikma Pharmaceuticals has appointed Surendera Tyagi as group chief scientific officer and global head of research and development.
Europe open: Stocks dip as euro continues to edge higher
Stocks are dipping lower, weighed down by another upwards move in the single currency and despite the fresh record highs seen on Wall Street at the end of the previous week.
Monday newspaper round-up: Carillion, GKN, Barclays, diesel cars
Ministers are facing questions about why hundreds of millions of pounds of work was awarded to a public contractor even after it issued a string of profit warnings. Last night the fate of the company, an employer of almost 20,000 people in the UK, lay in government hands after lenders indicated they would not rescue it without ministerial help. - The Times.
Carillion collapses, Rolls-Royce's L'Orange on the block
London open The FTSE 100 is expected to fall between 2-3 points on Monday.
London pre-open: Stocks seen higher after record US close; Carillion in focus
London stocks were set for a positive open on Monday after US indices notched record closes on Friday following some well-received earnings.
Rolls-Royce confirms L'Orange arm could be up for sale
Rolls-Royce has confirmed that it is mulling a potential sale of its L'Orange fuel-injection business, after reports the engine maker was looking for around $700m (£510m).
Bonds: Gilts underperform as Brexit uncertainty lifts slightly
These were the movements in some of the most widely-followed 10 year sovereign bond yields: US: 2. 55% (+1bp)UK: 1. 34% (+3bp)Germany: 0. 58% (+0bp)France: 0. 85% (-1bp)Spain: 1. 50% (-4bp)Italy: 1. 98% (-7bp)Portugal: 1. 79% (-4bp)Greece: 4. 0% (+2bp)Japan: 0. 08% (+1bp) .
FX round-up: Pound, euro take out their 2017 highs
Sterling shot higher at the end of the week, with traders referencing a report that the Spanish and Dutch finance ministers were hoping to promote a soft Brexit as the main trigger behind the move.
New UK home asking prices rise 0.7% in January, Rightmove says
Asking prices for new homes coming to market rose in January by slightly more than a year ago, but continued to lag the pace of gains seen in previous years, according to property website Rightmove.
US close: Wall Street notches up fresh highs amid dollar weakness
Wall Street's main market gauges continued to barrel ahead at the end of the week, helped by another drop in the US dollar and despite a mixed reaction to the latest quarterly earnings from the likes of JPMorgan and Wells Fargo.