Latest News
Canaccord initiates coverage on 10 multi- channel retailers
Canaccord Genuity initiated coverage on 10 multi-channel retail stocks on Monday as it said the outlook is looking brighter.
US pre-open: Stocks flat as investors look ahead to Q2 earnings
Wall Street futures were little changed ahead of the bell on Monday as investors braced for the beginning of Q2 corporate earnings season later in the week.
Hiscox surges as Sompo, Generali said to be interested in takeover
Hiscox surged on Monday following a report that two rivals are considering takeover bids for the insurer.
Grifols shares surge on report Grifols family, Brookfield eyeing €5.5bn bid
Shares in Grifols surged on Monday after a newspaper report stated descendants of the founding family and Canadian fund Brookfield were in talks to launch a takeover bid for the Spanish drugmaker that could be worth around €5. 5bn (£4. 64bn).
London midday: Stocks turn positive as investors mull hung parliament in France
London stocks had turned positive by midday on Monday, in line with their European counterparts, as investors mulled the prospect of a hung parliament in France.
Thousands of Samsung workers begin three-day strike over pay, working conditions
More than 6,000 members of the National Samsung Electronics Union (NSEU) began a three-day walkout over pay and working conditions on Monday, just days after the South Korean conglomerate reported a 10-fold increase in quarterly profits.
Berenberg raises target price on LBG Media
Analysts at Berenberg hiked their target price on digital media publisher LBG Media from 120. 0p to 140. 0p on Monday, citing positive tailwinds.
Skydance and Paramount Global agree to merger
Skydance Media has agreed a merger with fellow American production company Paramount Global in a deal worth more than $8bn, effectively ending Shari Restone's decades-long ownership of Paramount.
Eurozone investor morale plunges in July - Sentix
Investor morale in the eurozone recorded a bigger-than-expected decline in July, according to a survey published on Monday as geopolitical worries hit sentiment.
Metro Bank revives £3bn mortgage sale - report
Metro Bank is reportedly reviving plans to offload a multibillion pound mortgage months after an investor bailout rescued it from the brink of collapse.
Angus Energy Q2 revenues seen at roughly £4.9m
Onshore energy transition business Angus Energy said on Monday that second-quarter revenues were expected to come to roughly £4. 90m after only minor servicing to two compressor engines was required during the period.
RBC Capital upgrades Melrose Industries to ‘outperform’
RBC Capital Markets upgraded Melrose Industries on Monday to ‘outperform’ from ‘sector perform’ as it noted the share price has fallen around 15% from April highs but said the fundamentals remain "very supportive".
Solid State reports record revenue, surge in profits
Computing, power and communications specialist Solid State reported record revenue of £163. 3m in its final results on Monday, representing a 29% increase from year-on-year.
Asia report: Stocks fall as real wages drop further in Japan
Asia-Pacific markets experienced widespread declines on Monday, influenced by weak economic indicators and anticipation of key economic data from the US and China later in the week.
Biome warns of ongoing slowness in bioplastics division
Bioplastics and radio frequency technology specialist Biome Technologies reported challenges in its bioplastics division, alongside positive developments in its Stanelco RF technologies division, in an update on Monday.
Marston's disposes of stake in Carlsberg JV
Wolverhampton-based company Marston's has disposed of its 40% stake in its brewing joint venture with Carlsberg to become a business entirely focused on pubs.
Delivery Hero facing potential €400m antitrust fine, shares tumble
Delivery Hero tumbled on Monday after saying it might face a fine of more than €400m for alleged anti-competitive behaviour.
Macfarlane buys foam packaging firm Polyformes for £11.5m
Scottish packaging firm Macfarlane Group announced on Monday it is spending £11. 5m to buy foam specialist Polyformes.
Huddled acquires stock clearance retailer Boop Beauty
E-commerce specialist Huddled Group announced the acquisition of a 75% controlling stake in Boop Beauty on Monday.
Seeing Machines buys Asaphus Vision, partners with Valeo
Driver monitoring technology specialist Seeing Machines announced a collaboration with global automotive supplier Valeo on Monday, complemented by the acquisition of Asaphus Vision, a Berlin-based development group with strong expertise in machine learning (ML) and artificial intelligence (AI).