Full List Of Stories
CoStar to buy Matterport in $1.6bn deal
CoStar, a US provider of online real estate marketplaces, information and analytics in the property markets, said on Monday that it has agreed to buy Matterport in a $1. 6bn deal.
FTSE 100 movers: Retailers rally; Fresnillo loses its shine
London’s FTSE 100 was up 1. 7% at 8,026. 12 in afternoon trade on Monday.
Quanex to buy Tyman in £788m deal
Tyman said on Monday that it has agreed to be bought by US metal window and door manufacturer Quanex in a £788m cash and stock deal.
Jefferies upgrades M&S, Next and Sainsbury’s to 'buy'
Jefferies upgraded its stance on a host of UK retail stocks on Monday.
PayPoint considers buyback after strong full year
PayPoint said on Monday that it was mulling a potential share buyback after a strong full-year performance.
Asda underlying profit jumps 24% in 2023
Asda reported a jump in full-year underlying profit and sales on Monday as it continued to lower prices.
Frasers Group stops FRC from publishing key findings of review - report
Mike Ashley’s Frasers Group has reportedly refused to allow the Financial Reporting Council to publish the key findings of a review into the retail group’s latest annual report.
RBC Capital cuts Dr Martens price target after profit warning
RBC Capital Markets cut its price target on Dr Martens on Monday to 65p from 85p as it reduced estimates following the bootmaker’s FY25 guidance.
UK house prices grow at fastest annual pace in a year - Rightmove
The average asking price of a UK home rose at its fastest annual pace in a year in April, with "top-of-the-ladder" homes seeing the biggest growth in activity, according to a survey released on Monday by property website Rightmove.
Monday newspaper round-up: Renewable energy, BlackRock, Frasers Group
A development company that sells off land no longer needed by Thames Water has paid out a £14m dividend despite warnings that it could become engulfed by the water group’s financial woes. Accounts filed at Companies House show Kennet Properties paid out a £14. 5m dividend in the year to 31 March 2023 despite the difficulties faced by the wider group, which is facing going into administration. – Guardian.