Full List Of Stories
Europe close: Stocks reverse earlier losses to end up
European shares reversed earlier losses to end up on Monday, with Topdanmark surging ahead after Finnish insurer Sampo agreed to buy its Danish rival for $4. 7bn.
US open: Stocks flat to slightly higher; Empire State manufacturing in focus
US stocks were flat to slightly higher in early trade on Monday following record highs last week.
FTSE 100 movers: Utilities, miners in the red
London’s FTSE 100 was down 0. 2% at 8,127. 26 in afternoon trade on Monday.
Broker tips: SSP, Rentokil, Aston Martin
Goldman Sachs downgraded SSP on Monday to ‘sell’ from ‘neutral’ "on a relative basis" as it took a look at European travel concessions.
NY Empire State manufacturing index contracts again
Manufacturing activity in the state of New York weakened again in June, according to a survey released on Monday.
Jefferies cuts Aston Martin price target, shares slump
Jefferies cut its price target on Aston Martin Lagonda shares on Monday to 250p from 275p as it pointed to reduced earnings and delayed deleveraging.
London midday: Stocks dip as investors eye UK inflation, BoE
London stocks had dipped into the red by midday on Monday as worries about French political uncertainty crept in again, and as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
RBC Capital continues to see ‘significant’ upside for Rentokil
RBC Capital Markets said on Monday that it continues to see "significant" upside for Rentokil Initial shares, "although clearly there is still lots to do, with peak branch integration still 12 months away".
Goldman Sachs downgrades SSP to ‘sell’, prefers WH Smith
Goldman Sachs downgraded SSP on Monday to ‘sell’ from ‘neutral’ "on a relative basis" as it took a look at European travel concessions.
Citi downgrades European equities to ‘neutral’
Citi downgraded its stance on European equities on Monday to ‘neutral’ from ‘overweight’ as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
London open: Stocks gain as investors eye CPI, BoE decision
London stocks rose in early trade on Monday as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
Hikma boosts injectables business with Xellia assets acquisition
Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
London pre-open: Stocks seen up as investors mull house price data
London stocks were set to rise at the open on Monday following losses at the end of last week, as political uncertainty in France sent European markets tumbling.
Monday newspaper round-up: Manufacturers, landlords, Blackstone
The UK’s tax authority has not fined a single “enabler” of offshore tax evasion or noncompliance in five years, despite landmark powers to impose huge fines. Tory ministers claimed new laws introduced in 2017 allowed HM Revenue and Customs (HMRC) to pursue accountants, lawyers and bankers who facilitate offshore tax evasion would “create a level playing field”, with potential fines of several millions of pounds. – Guardian.