Market Pulse
Berenberg ups Halfords to 'hold', says concerns are now priced in
Berenberg lifted its recommendation on Halfords to ‘hold’ from ‘sell’ but cut the price target to 375p from 430p to reflect the company’s updated guidance.
Rockhopper Exploration achieves first gas at Civita field onshore Italy
Rockhopper Exploration said first gas production into the network from the Civita gas field onshore Italy began last Friday.
Eurozone CPI beats original estimate in October
Price inflation in the Eurozone grew slightly more than originally estimated but remained well below the European Central Bank’s target, figures released on Monday showed.
Asia: Markets under pressure as Japan enters second recession in two years
Asian stocks began the week on a downbeat note, as the terrorist attacks in Paris and news that Japan has entered recession for the second time in two years weighed on sentiment.
Motive Television renews support agreement with Mediaset Premium
Motive Television has renewed its contract with Mediaset Premium to provide support and other technology services for a seventh year.
Rare Earth Minerals joins in as Bacanora Minerals raises GBP8.8m
Bacanora Minerals has raised £8. 8m in a placing of new shares, with main backer Rare Earth Minerals maintaining its 17. 21% stake in the lithium miner.
WPP's Maxus acquires direct-response digital media agency
WPP has agreed to acquire Amsterdam-based digital agency Helder Marketing & Communicatie, which focuses on 'direct response' measurement of advertising, for an undisclosed sum.
London open: Stocks move higher despite Paris attacks
'Meme pas peur', 'not a bit afraid', has been the initial reaction of investors to this weekend's terrorist attacks in Paris.
Europe open: Stocks show resilience in aftermath of Paris terror attacks
European equity markets were a little lower as travel and leisure stocks slumped following Friday’s terrorist attacks in Paris, but losses were nowhere near as bad as had been expected.
Majestic Wine first half profit slumps 50%
Majestic Wine posted a 50% drop in first half pre-tax profit on the back of a £2. 6m impairment charge and suspended its interim dividend.
Modern Water delivers largest order of monitoring equipment
Modern Water has delivered its single largest order of monitoring equipment.
London pre-open: Stocks to start lower after weekend attacks in Paris
Stocks on the Continent are being called to start the day with large losses following the weekend's terrorist attacks in Paris, with opening falls of circa 2% for the main equity benchmarks.
Petrofac secures gas programme contract from Saudi Aramco
Petrofac has been awarded a contract by Saudi Aramco to undertake the engineering, procurement, and construction of a sulphur recovery plant as part of the company’s Fadhili programme.
Keller expects full year in line with market views
Engineering specialist Keller Group said it remains confident results for the year will be in line with current market expectations despite challenging conditions in many of its markets, thanks in part to strength in its main market of US construction.
Monday newspaper round-up: France, CBI, Home prices
French fighter jets launched their biggest raids in Syria to date, targeting the Islamic State’s stronghold in Raqqa just two days after the group claimed coordinated attacks in Paris that killed more than 130 people, the defence ministry said. “The raid . including 10 fighter jets, was launched simultaneously from the United Arab Emirates and Jordan. Twenty bombs were dropped,” the statement said, adding that the mission had taken place on Sunday evening.
Taylor Wimpey sees rise in 2015 operating profit margin as order book strengthens
Housebuilder Taylor Wimpey said it expected to report a 2% rise in 2015 operating profit margin and a return on net operating assets of more than 25%.
Joe Garner to leave BT and head up Nationwide
The head of BT Group's local access network division Openreach is leaving to become chief executive of Nationwide.