Market Pulse
Rolls-Royce restructures Trent after-market joint ventures
Rolls-Royce has spent $206. 5m (£136m) to restructure its jointly owned approved maintenance centres (AMCs) responsible for maintenance, repair and overhaul work on its Trent engines.
FTSE 100: Defence stocks on the front foot but miners slump
London’s FTSE 100 was down 0. 5% at 6,302. 52 at 1420 GMT, as metals prices declined, with blue chip miners Glencore, Antofagasta and BHP Billiton all firmly in the red.
Iofina rocked as earthquake leads to water restrictions
Shares in Iofina were under the pump on Monday after the iodine maker said an earthquake near its Oklahoma plants had reduced available supplies of water.
Market unhappy with Kainos despite solid numbers
It was a solid start to life as a publically-traded company for Kainos, according to its interim six month report released on Monday.
Broker tips: Imperial Tobacco, Ocado, Home Retail
Citigroup lifted Imperial Tobacco to ‘buy’ from ‘neutral’ and raised the price target to 4,000p from 3,700p.
Home Retail takeover rumours highlight potential, say RBC and Investec
RBC Capital Markets and Investec said fresh rumours of a £1bn takeover bid for Home Retail Group were credible but also highlighted that the shares are undervalued and could recover under current management.
Saudi willing to use all measures to keep market stable
The Saudi government said on Monday it was willing to use all measures necessary to ensure a stable oil market.
Credit Suisse sees plenty of scope for volatility after ECB decision
If you´re betting on a quiet end to the year in financial markets, "don´t" was the message from strategists at Credit Suisse to its clients.
Tuesday preview: US GDP in focus amid interest rate speculation
US economic growth data on Tuesday will be in focus amid speculation that there may be a strong case for raising interest rates in December.
IAG keeping an eye on European takeover options
International Consolidated Airlines Group (IAG) has been approached about potentially taking over a number of rival airlines, chief executive Willie Walsh has revealed.
Greece on course to exit its crisis, Credit Suisse says
The Greek parliament is facing a challenging next few weeks to pass what will likely be politically difficult economic measures but, together with actions being taken from abroad, they should see the country heading towards the crisis exit, analysts at Credit Suisse said.
Pfizer seals the deal on Allergan takeover for $160bn
Viagra maker Pfizer has agreed to buy Allergan for $363. 63 a share, or around $160bn in total, to seal what is effectively the largest ever healthcare deal.
US pre-open: Futures edge lower as commodities under the cosh
US stock futures turned south on Monday, with commodity stocks under the cosh as oil prices continued to decline.
EU plans to extend Russia sanctions for another six months, reports say
The European Union will extend economic sanction against Russia for another six months, in spite of Russian president Vladmir Putin's newly cooperative stance in the fight against Isis.
Asia: Australian shares rally despite commodities concerns
Asian equities markets began the week on a mixed note, as solid growth in Australia was offset by a decline in China.
French customs officer killed during arms trafficking investigation
A customs officer in France has been killed during an investigation into arms trafficking, Le Monde reported.
Sirius Real Estate posts increase in interim profit
German business parks investor Sirius Real Estate posted an increase in interim pre-tax profit on the back of property revaluation gains.
Challenger banks angry with CMA proposals
Bosses at six of Britain’s challenger banks will meet with the competition regulator this week, angry at the recently-released proposals for the sector, it emerged on Monday.
High-profile Chinese CEO missing in action
The chairman and CEO of one of China’s biggest investment banks was missing in action on Monday, as the country’s politburo continued its post-crash investigations into the financial sector.
Europe midday: Energy sector weighs on stocks as investors digest data
European stocks fell on Monday, with basic resources and energy under the cosh amid declining metals and oil prices, as investors digested some mixed data.