Market Pulse
Belvoir Lettings to acquire Goodchilds
Belvoir Lettings will acquire West Midlands-based sales and letting business Goodchilds Estate Agents for £3. 26m.
Alexander Mining resumes trading on AIM after share placing
Alexander Mining resumed trading on AIM on Monday after it raised £420,000 through the issue of 105m shares at 0. 4p per share to new and existing shareholders, giving it adequate working capital for its present requirements.
INPP completes first US investment
International Public Partnership (INPP) has invested approximately $48m (£32m) into a series of fully yielding mezzanine debt instruments acquired from US-based Federal Home Loan Mortgage Corporation.
Eurozone retail sales fall flat in August
Eurozone retail sales were unchanged in August, data released on Monday showed.
SocGen upgrades Rio and Glencore, but downgrades BHP Billiton
Societe Generale reviewed its ratings on Rio Tinto, Glencore and BHP Billiton as it took a look at the metals and mining sector, which it rates at ‘neutral’.
Feedback PLC forms cancer diagnosis joint venture
Medical imaging software company Feedback PLC announced the incorporation of a joint venture company, Prostate Checker, with Spain’s QUIBIM, to develop a product for the detection and diagnosis of prostate cancer.
Mattioli Woods acquires Lindley Group pension business
Mattioli Woods has acquired the pension administration business of Lindley Group for just under £0. 2m.
BMR Mining identifies new use for WKS assets in Zambia
Zambia-focused mineral processing business BMR Mining said it has identified a potential market for its Waelz Kiln Slag (WKS) assets.
LGO Energy raises 1m pounds for Trinidad businesses
LGO Energy has raised £1m before expenses through the placing of 111. 1m shares at 0. 9p per share.
Eurozone's growth slows down in September
The Eurozone economy continued to grow in September, although the rate of expansion eased to a four-month low, data released on Monday showed.
Wizz Air's traffic takes off in September
Budget airline Wizz Air posted a sharp increase in passenger traffic last month.
Japan's services sector PMI declines in September
Expansion in Japan’s services sector slowed down in September, data released on Monday showed.
Apple tops list of world's biggest brands
Apple has beaten Google to become the world’s biggest brand, according to Interband’s 2015 Best Global Brands list.
Fastjet passenger numbers up 33pc year on year
Fastjet has increased the number of passengers carried by 33% for the month of September compared to the previous year.
London open: FTSE rallies as investors speculate on US interest rates
The FTSE opened on the front foot on Monday after weak US jobs growth pushed back expectations for an interest rate hike.
Europe open: Stocks post healthy gains as Fed rate hike expectations are pushed back
European stocks racked up healthy gains in early trade as Friday’s disappointing non-farm payrolls report pushed back expectations of a rate hike by the US Federal Reserve.
K+S tumbles as Potash Corp withdraws offer
K+S shares tumbled after peer Potash Corp announced on Sunday that it has withdrawn its proposal to negotiate a transaction with the company.
Spanish services PMI falls sharply in September
Activity in Spain´s services sector slowed in September to its weakest in almost a year.
Allied Minds subsidiary Precision Biopsy raises USD33.6m
Allied Minds’ subsidiary Precision Biopsy has raised $33. 6m to accelerate the commercial expansion of its ClariCore biopsy system.
Government to sell GBP2bn stake in Lloyds to private investors
The Government will start offering portions of its stake in Lloyds Banking Group to private investors in spring 2016.