Market Pulse
Shire slumps after Credit Suisse cuts price target, earnings forecast
Shire Pharmaceuticals declined on Monday after Credit Suisse cut its price target and forecasts for 2016 earnings.
US close: Stocks mostly lower ahead of Fed's rate decision
US stocks finished Monday’s session mostly lower as investors were cautious ahead of the Federal Reserve’s decision on interest rates mid-week.
ICE to acquire Interactive Data for $5.2bn
Intercontinental Exchange "formalized" its plans to buyout Interactive Data Corporation in a move valued at approximately $5. 2bn, the NY-listed exchange operator said in a statement.
TalkTalk tumbles further as hacking fears linger, MPs launch inquiry
Shares in TalkTalk and some telecoms sector peers were knocked back for the second time since Friday's cyber-heist, after hackers warned over the weekend that they were planning another attack.
People's Bank of China adviser hints at further easing
A People's Bank of China adviser has highlighted the "room for further easing in monetary policy", according to reports late on Monday.
FX round-up: Cable moves slightly higher in risk-off trading
The US dollar weakened slightly versus the majors on Monday, retracing a tad of the sharp gains seen over the previous week.
France's unemployment improves by most since 2007
France's unemployment data showed one of its largest declines since before the financial crisis began.
Sector movers: Commodity prices impact London markets
Commodities had a big impact on the London markets on Monday after concerns about growing supplies of petroleum products.
London close: Equities close lower as investors weigh disappointing UK, US data
The UK equity market slumped on Monday as worse-than-expected data in the UK and in the US offset a better-than-forecast German business confidence report.
Europe close: Markets struggle for direction as investors remain cautious ahead of critical week
European equity markets began the week on mixed a note, as investors remained jittery ahead of a Federal Reserve meeting later this week.
Chinese Communist Party kicks off 5th plenum focused on economy
Top-ranking Chinese officials kicked off a four-day assembly on Monday to set the country’s policy agenda for the next five years.
SIG executives stump up cash to back company
With the share price of SIG plummeting since its third quarter trading update last week, two directors are doing their bit to show they have confidence in the company.
FTSE 250 movers: TalkTalk worries rumble on, as National Express motors
The FTSE 250 decelerated gradually over the course of Monday's trading, finishing the session down 0. 36% at 17,178. 66.
German IFO index retreats less than expected in September
The Volkswagen scandal barely left a scratch on German businesses’ confidence in October, a survey from a leading think-tank revealed.
Globo's CEO and CFO resign after revealing financial irregularities
The chief executive and chief financial officer of British mobile technology company Globo resigned on Monday after revealing financial irregularities at the firm.
Boris Johnson rejects plea to meet with union leader over Night Tube
London mayor Boris Johnson has rejected a plea from a key union leader to meet face to face and resolve issues with the proposed Night Tube.
Morrisons' CEO Potts ties up petrol station convenience deal with Terry Leahy
Morrison Supermarkets has agreed a deal to launch a pilot scheme where it will provide a convenience food offer in five petrol station shops owned by Motor Fuel Group (MFG).
Risk rally is set to continue, UBS says
The recent rally in risk has been breathtaking but is likely set to continue, according to one of the world’s biggest investment banks.
Upland Resources jumps after LSE debut
Shares in Upland Resources rose sharply on Monday, as the oil and gas group made its debut on the London Stock Exchange’s Main Market.
Commodities: Metal prices rise as dollar weakens
Metal prices were mostly higher on Monday as the dollar weakened against most currencies, with investors weighing China’s rate cuts and looking ahead to the Federal Reserve’s interest rate decision.