Market Pulse
Numis reiterates 'buy' at Allied Minds
Shares in Allied Minds gained on Monday as Numis reiterated the stock at ‘buy’ after the company announced a successful $22m (£15. 4m) fundraising for its subsidiary Federated Wireless.
Broker tips: Allied Minds, Premier Oil, Domino's, Just Eat
Shares in Allied Minds gained on Monday as Numis reiterated the stock at ‘buy’ after the company announced a successful $22m (£15. 4m) fundraising for its subsidiary Federated Wireless.
Motive Television scrambles to find new nominated adviser
Motive Television's board had a surprise from its nominated adviser on Monday, with the news that Sanlam Securities was ending its nominated adviser and small cap broking activities, and would therefore cease to be the company's nominated adviser from 14 February 2016.
Stryker to buy medical supplier Sage Products
Stryker Corp has agreed to acquire Sage Products from private equity firm Madison Dearborn Partners for $2. 78bn.
US pre-open: Markets to start new month down on China worries
US markets were set to start the month on a downbeat note, with oil futures dropping and a slump in China.
Brexit could drive BATS operations out of UK
The damage to the business climate in London, should the UK decide to leave the European Union, could drive some or all of BATS Global Markets' operations from the country.
Solo Oil prepares for first gas at Kiliwani North
Solo Oil was counting down to first gas and first revenue at the Kiliwani North Development Licence in Tanzania on Monday, having been advised by the project's operator that production was due to begin in mid-February.
Dominion and Questar agree $4.4bn deal
Dominion Resources and Questar Corporation have agreed to combine in an all-cash deal valued at about $4. 4bn.
ECB will reconsider policy at March meeting, Bank of Italy chief says
The European Central Bank will reconsider its policy settings when it next met to decide on policy, amid risks of second-round effects from the impact of the drop in the price of crude oil on inflation and hence wages and that inflation expectations might become unhinged, the Bank of Italy´s chief said on Saturday.
Asia report: Japan soars while China slumps
Japan's markets soared into February on Monday, while China slumped amid signs of a weakening economy.
AFC Energy fully fires green fuel cell plant in Germany
AFC Energy was celebrating a week of success for its green fuel cell technology on Monday, having fully fired up its KORE cell-based power plant in Germany.
BT Group's third quarter revenues rise as restructure unveiled
BT Group’s third quarter revenues have risen 3%, leaving the company’s year-to-date revenues flat.
Ofcom chief urges EU to block Three-O2 merger
Ofcom’s chief executive has urged the European Commission to block the merger of O2 and Three, saying it could lead to higher prices for consumers.
Baron Oil completes seismic work in Peru
Baron Oil was mulling over its options on Monday, having completed its seismic acquisition programme at its Block XXI project in Peru.
London midday: Weak China data sends equities lower
UK stocks were under pressure on Monday after weak Chinese manufacturing data added to worries about the slowdown in the world’s second largest economy.
Europe midday: Stocks in the red after uninspiring manufacturing data
European stocks fell on Monday as investors digested uninspiring manufacturing figures from the Eurozone and China.
Morrison's launches new pricing campaign
Morrisons has begun to roll out a new grocery pricing and marketing campaign called Price Crunch as part of the long-term realignment as a "value" supermarket.
Nomura upgrades Premier Oil to 'buy'
Nomura upgraded Premier Oil to ‘buy’ from ‘neutral’ and lifted the price target to 80p from 75p, saying the E. ON acquisition is value accretive and the stock is "one for the oil bulls".
Smurfit steps down from Powerflute board
Dermot Smurfit stepped down as a director at Powerflute Oyj on Monday, to concentrate on his executive activities elsewhere.
HSBC imposes hiring and pay freeze
HSBC froze pay and hiring at its consumer and investment banking units as part of its plans to cut as much as $5bn from its cost base by the end of 2017, Bloomberg reported citing a spokesperson for the lender.