Market Pulse
Big morning of board changes at Micro Focus
It was a big morning of changes at Micro Focus, with a number of board and executive movements - including the promotions of Stephen Murdoch and Nils Brauckmann to CEO of Micro Focus and CEO of SUSE respectively.
Allied Minds raises £15m to develop wireless technology
Allied Minds was looking at a beefed-up Federated Wireless subsidiary on Monday, announcing the a successful $22m (£15. 4m) Series A Preferred fundraising round for the firm.
Andy Botha to move to Zoopla as CFO
Zoopla Property Group has appointed Andy Botha as chief financial officer.
Countryside sets IPO price range at between 225p and 275p
Housebuilder and urban regeneration partner Countryside Properties has set a price range of between 225p and 275p per share for its initial public offering, giving the company a value of around £1. 1bn.
Mixed trends in Chinese manufacturing sector in January, PMIs show
Manufacturing data released overnight in China provided mix readings on the state of the sector at the start of the year.
Grafton Group completes Allsands purchase
Grafton Group announced a new, completed acquisition on Monday, taking over Allsands Supplies Limited.
Grainger buys Salford Quays site for £98.7m
Residential property owner and manager Grainger has exchanged contracts to buy Clippers Quay in Salford Quays, near Manchester, for around £98. 7m.
London pre-open: Slightly higher start expected for stocks
Stocks are expected to start the session with a small advance despite the release of mixed data overnight on the state of Chinese manufacturing.
Smith & Nephew CEO diagnosed with cancer
Smith & Nephew's chief executive officer Olivier Bohuon has been diagnosed with cancer, it was revealed on Monday.
Ryanair profit doubles, share buyback announced
Ryanair posted a jump in third quarter profit as traffic grew strongly and the budget airline announced a €800m share buyback programme.
Rolls-Royce, Norwegian sign £1.9bn engine deal
Rolls-Royce strengthened its partnership with Norwegian Air Shuttle on Monday, as it announced a fresh $2. 7bn (£1. 89bn) deal with the low-cost long haul airlne.
Monday newspaper round-up: O2, Barclays/Credit Suisse, Hitachi on Brexit
The British telecoms regulator has urged Brussels to block the proposed merger of telecoms operators O2 and Three, which it fears will send mobile phone bills for users in the UK sharply higher. Writing in the FT ahead of Europe’s first formal statement on the deal, Ofcom chief executive Sharon White said the merger of two of Britain’s four operators could also hit rival high-street retailers and upset existing network arrangements. – Financial Times.