Latest News
Tuesday preview: US retail sales, Ocado in focus
Investors' focus on Tuesday will be on the US retail sales report covering the month of June.
US close: Dow hits new record on Trump bets, Powell comments
US stocks advanced on Monday, with the Dow Jones Industrial Average reaching a new record high, as investors digested somewhat dovish comments from the Federal Reserve chair and the increased likelihood of former president Donald Trump returning to office following an assassination attempt.
Europe close: Stocks start week on weak note
European shares were lower on Monday, as traders analysed the potential impact of the attempted assassination of US presidential candidate Donald Trump on markets, along with weak China GDP data.
Broker tips: Ocado, Prudential
Bernstein downgraded Ocado on Monday to ‘underperform’ from ‘outperform’ and slashed its price target on the stock to 250. 0p from 1,000. 0p, having been "one of the last bulls standing".
London close: Stocks slide on China data, Burberry warning
London stocks ended Monday in negative territory, influenced by weaker-than-expected Chinese GDP figures and a profit warning from luxury fashion house Burberry.
FTSE 100 movers: Burberry tumbles on profit warning; miners in the red
London’s FTSE 100 was down 0. 8% at 8,183. 33 in afternoon trade on Monday.
Director dealings: Jet2 chairman ups stake
Jet2 revealed on Monday that chairman Robin Terrell had acquired 8,557 ordinary shares in the London-listed leisure travel group.
Sir Paul Marshall could pull out of bidding for the Telegraph
The anticipated takeover bid for the Telegraph by hedge fund tycoon Sir Paul Marshall was facing uncertainty on Monday, just days before the bid submission deadline.
US open: Stocks higher as Q2 earnings season begins to pick up steam
Wall Street stocks were in the green early on Monday as Q2 earnings and an attempt on former president Donald Trump's life were both firmly in focus.
Zenova's FX extinguishers approved for use on UK-flagged vessels
Fire suppression and interdiction specialist Zenova Group announced that its Zenova FX range of six- and nine-litre extinguishers has been approved as marine equipment under the Merchant Shipping (Marine Equipment) Regulations (MER) by BSI.
UK govt cuts NatWest stake to below 20%
The UK government has sold more shares in NatWest, taking its stake to below 20% the bank said on Monday.
Macy’s ends takeover talks with Arkhouse, Brigade
Macy’s tumbled on Monday after the department store chain said it had ended takeover talks with private equity firms Arkhouse Management and Brigade Capital Management after months of negotiations.
Goldman Sachs Q2 profits soar amid increased dealmaking
Goldman Sachs said on Monday that profits had soared 150% year-on-year in Q2 on the back of increased investment banking activity during the period.
Burberry shares tank as CEO ousted, profit warning issued, divi axed
Shares in luxury goods maker Burberry on Monday slumped by double-digits as the company ousted its chief executive, suspended dividend payments and issued a profits warning after weak global demand battered first-quarter sales.
Cleveland-Cliffs to buy Stelco in $2.5bn deal
US flat-rolled steel producer Cleveland-Cliffs said on Monday that it has agreed to buy Stelco in a $2. 5bn cash and stock deal.
US pre-open: Futures higher following Trump assassination attempt
Wall Street futures were firmly in the green ahead of the bell on Monday as market participants assessed the impact of Donald Trump's attempted assassination on stocks.
BlackRock assets under management reach record $10.6trn
BlackRock announced a robust set of second-quarter results on Monday, as its total assets under management reached a fresh record amid growth across its platform.
Jefferies keeps Prudential at 'buy' despite multiple headwinds in Asia
Jefferies has trimmed its target price for Prudential ahead of the insurer's first-half results next month, but has reiterated a 'buy' rating, saying that the stock's current low valuation is unwarranted.
London midday: Stocks down but off lows after Burberry warning, China data
London stocks were down but off earlier lows by midday on Monday following disappointing Chinese GDP figures and a profit warning from Burberry.