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Ashmore still a 'sell' despite share-price slump, says Citi
Shares of emerging markets investment manager Ashmore have tanked since the start of the year, but still don't represent a buying opportunity, according to Citi which maintained its 'sell' rating on the stock on Monday.
Restaurant Group offloads loss-making brands Frankie & Benny's and Chiquito
Shares in The Restaurant Group (TRG) jumped on Monday after the company announced it was finally exiting its loss-making Leisure business by offloading 75 trading sites to the Big Table Group.
LondonMetric sells four long income and retail assets for £16.9m
LondonMetirc Property said on Monday that it has sold four long income and retail assets in separate transactions for £16. 9m, in line with the book value.
London pre-open: Stocks seen up ahead of busy week
London stocks were set to rise at the open on Monday ahead of a busy week.
Vistry half-year profits fall, GSK treatment being reviewed in Japan
London open The FTSE 100 is expected to open 23 points higher on Monday, having closed up 0. 49% on Friday at 7,478. 19.
Monday newspaper round-up: BMW, shop prices, Waitrose, Bernanke
BMW will unveil a significant investment in its electric Mini plant in Oxford on Monday, a move that will secure 4,000 jobs and strengthen the UK’s electric vehicle supply chain. The investment by the German carmaker is the result of “extensive” engagement with the UK government, according to the business and trade department, and marks a reversal of plans to move electric Mini production abroad to China. – Guardian.
GSK's new blood cancer treatment accepted for review in Japan
Phama giant GSK has announced that Japanese regulators are reviewing its proposed new momelotnib treatment for people with myelofibrosis – a type of blood cancer.