Market Pulse
Real Estate Investors adds two new provincial properties
Real Estate Investors was all smiles on Monday, having acquired two new properties in provincial centres, with immediate income benefits.
CH Bailey posts loss amid poor trading conditions
Poor trading conditions and worsening exchange rates were blamed for the loss in CH Bailey's interim report to 30 September on Monday.
Nomura to buy 41% stake in American Century Investment
Japanese financial services group Nomura Holdings has agreed to buy a non-controlling 41% stake in privately-held investment firm American Century Investment from Canadian Imperial Bank of Commerce for approximately $1bn (£670m).
London Stock Exchange Group buys US ETF data provider
London Stock Exchange Group (LSEG) announced on Monday it has purchased XTF, a provider of US exchange traded funds (ETF) data, analytics and ratings.
Citi reiterates 'buy' on shares of Glencore
Glencore will be able to deliver on the promises made during its latest Investors´ Day, analysts at Citi believed, with possible asset sales holding the greatest potential to move markets.
Watchstone Group rockets as it resumes trading
Shares in Watchstone Group, the insurance technology firm formerly known as Quindell, were 115% higher as they resumed trading on AIM.
WPP buys Mexico-based digital relations business Cacto
WPP’s wholly-owned brand activity agency, Geometry Global, has acquired Mexico-based digital customer relationship management company Cacto for an undisclosed sum.
US pre-open: Last-minute Christmas trading begins
US stock futures were looking up before the start of the week, as investors appeared to forget about low oil prices and get a bit of last-minute Christmas shopping in.
Europe midday: Stocks push higher but Spanish markets drop on political uncertainty
European stocks kicked off what is expected to be a fairly quiet week on the front foot, although Spanish markets bucked the trend following an inconclusive general election.
Panasonic to buy US fridge firm Hussmann
Panasonic Corp has agreed to buy US refrigeration company Hussmann Parent Inc for 186. 6bn yen (£1bn).
UK retail sales rise less than expected in December
High street sales growth accelerated in the year to December, according to the Confederation of British Industry’s latest monthly Distributive Trades Survey.
London midday: Miners lift equities as metal prices rise
London stocks rallied on Monday at midday, led by mining companies as metal prices rose.
Tullow Oil shares up after RBC Capital Markets upgrades to outperform
RBC Capital Markets has upgraded Tullow Oil from ‘sector perform’ to ‘outperform', but has cut its target price from 400p to 260p due to low oil prices.
Randgold pulls out of Ghana joint venture
Randgold Resources pulled out of a significant potential joint venture on Monday having talked up the opportunity less than three months ago.
Blatter and Platini banned from football for eight years
Sepp Blatter and Michel Platini have been suspended from all football-related activities for eight years.
Worsening rand a problem for SAPRO
The South African rand played a smaller part in South African Property Opportunities' losses for the financial year, but the group still saw asset value decline in its results posted on Monday.
UK Government needs to do more for struggling steel industry, BIS says
The UK Government has failed to do enough to help the steel industry from the impact of falling prices and cheap Chinese imports, according to a report from the Business, Innovation and Skills (BIS) Committee.
Standard Chartered outlines board changes
Asia-focused Standard Chartered on Monday confirmed the departure of non-executive directors Ruth Markland and Paul Skinner.
Market overview: Citi reiterates buy on Glencore
1034: Analysts at Citi have reiterated their 'buy' recommendation on shares of Glencore and upped their target price to 160p.
Super-complaint lodged over rail delay refunds
Which? is calling for an investigation into rail delay refunds, saying the compensation process is too difficult.