Market Report
Coca-Cola beats quarterly earnings expectations
Soft drinks giant Coca-Cola posted quarterly earnings that came in ahead of expectations early on Monday and stated that demand had returned to levels not seen since before the outbreak of the Covid-19 pandemic in March.
US close: Stocks slip from record highs as earnings season rolls on
Wall Street stocks closed lower on Monday as traders took profits in bank stocks and digested more earnings from big-name US firms.
Europe close: Stocks seesaw ahead of corporate results, ECB meeting
European stocks finished on a mixed note on Monday as investors weighed the latest geopolitical news against the latest quarterly earnings reports in the States.
London close: Stocks drift lower in quiet start to week
London stocks closed below the waterline on Monday, as investors closed their wallets ahead of the release of a raft of key economic surveys later in the week, and their potential impact on bond markets.
Director dealings: Chaarat Gold chairman raises stake via Labro interest
Chaarat Gold revealed on Monday that chairman Martin Andersson had upped his stake in the AIM-listed firm by 435,000 ordinary shares by virtue of his interest in Labro Investments.
Yourgene awarded PHE diagnostics framework agreement
Molecular diagnostics provider Yourgene has been awarded a framework agreement under Public Health England's (PHE) National Microbiology Framework for diagnostic goods and services, it announced on Monday.
Broker tips: TinyBuild, Cerillion, Eqtec
Analysts at Berenberg initiated coverage on video games developer TinyBuild at 'buy' on Monday, stating the firm was "building something special".
Deltic Energy keeps 2020 cash outflow stable
North Sea-focussed natural resources investing company Deltic Energy reported a net cash outflow from operations and investing activity of £1. 8m in its final results on Monday, in line with the £1. 8m it reported a year earlier.
US open: Dow Jones slips from record high at the bell
Wall Street stocks were in the red early on Monday as traders took profits in bank stocks and awaited more earnings from several big-name US firms.
Churchill China optimistic after tough 2020
Hospitality ceramics manufacturer Churchill China reported operating profit before exceptional items of £0. 9m in its preliminary results on Monday, down from £11. 2m year-on-year.
Berenberg initiates coverage on TinyBuild at 'buy'
Analysts at Berenberg initiated coverage on video games developer TinyBuild at 'buy' on Monday, stating the firm was "building something special".
Canaccord Genuity reiterates 'speculative buy' rating on Eqtec
Analysts at Canaccord Genuity reiterated their 'speculative buy' rating on bioscience energy company Eqtec on Monday after the firm reported some "solid" 2020 results.
eEnergy invests in new smart metering business EIL
UK and Ireland-focussed ‘energy efficiency-as-a-service’ provider eEnergy Group has made an investment in newly-formed specialist smart metering measurement equipment and analytics business eEnergy Insights (EIL), it announced on Monday.
London midday: Stocks holding onto slight gains
Stocks are holding slightly higher come midday as investors bid their time ahead of the release of a raft of key economic surveys at the end of the week and their potential impact on bond markets.
Mosman confirms start of workover at Duff-2 well
Exploration, development and production company Mosman Oil and Gas updated the market on the Greater Stanley Project in east Texas on Monday, reporting the start of the workover at Duff-2.
US pre-open: Futures in the red as traders take profits in bank stocks
Wall Street futures were in the red ahead of the bell on Monday as traders took profits in bank stocks and awaited more earnings from several big-name US firms.
Power Metal secures further extension to First Development option
Exploration and development company Power Metal Resources has secured a further short extension to its option to acquire First Development Resources, it announced on Monday.
TruFin positive on outlook after 2020 loss
Financial technology-focussed investment company TruFin reported gross revenues from continuing operations of £14. 8m in its final results on Monday, representing year-on-year growth of 102%.
Genedrive appointed to PHE microbiology supply framework
Molecular diagnostics company Genedrive has been successful with its tender to Public Health England (PHE) under Lot 1 of the National Microbiology Framework for diagnostic goods and services, it announced on Monday.