Market Pulse
Trinity Mirror on track to meet full-year expectations
Trinity Mirror said it's on track to meet its performance expectations for the year, as it highlighted some improvement in third-quarter revenue trends.
Xchanging rockets on buyout offers from Capita and Apollo Global Management
Shares in business outsourcer Xchanging rocketed after the company confirmed it has received approaches from peer Capita and private equity group Apollo Global Management regarding offers for the company.
Central Bank of Ireland opposes Playtech's Ava Trade takeover
Playtech have received a letter from the Central Bank of Ireland saying they oppose the proposed takeover of Ava Trade.
Ryanair traffic hits nearly 10m in September
Low-cost airline Ryanair said traffic grew 12% in September to 9. 55m.
Glencore surges in Hong Kong trading
London open The Footsie is being called to start the day higher by as much 115 points from last Friday´s closing value of 6,129. 98.
London pre-open: FTSE seen sharply higher after strong reversal on Wall Street
UK stocks are expected to open with strong gains on Monday, taking their cue from an impressive reversal on Wall Street on Friday.
CLS Holdings acquires Chancery House
CLS Holdings has purchased Chancery House in Sutton for £10. 2m.
Rolls-Royce to cut 400 more jobs in marine business
Rolls-Royce has announced plans to cut another 400 jobs in its marine business, on top of the 600 job cuts already announced in May.
Monday newspaper round-up: Glencore, ITV, AstraZeneca, American Apparel
Hong Kong listed shares in Glencore surged as much as 40. 2 per cent to HK$15 in morning trading following a weekend report that the embattled commodities group was open to take over offers. The Swiss-based group has seen its shares whipsaw after analysts at Investec last Monday published a note suggesting the company’s equity could be wiped out if weak commodity prices persisted. Monday’s jump in Hong Kong follows a weekend report in The Telegraph that the company would listen to offers for a takeover of the entire company, albeit management do not think there are any buyers willing to pay a fair price given current market conditions.