Market Pulse
Summit Germany commits £20m on Frankfurt complex
Summit Germany revealed a significant suburban investment on Monday, committing €25. 5m (£19. 66m) to the purchase of an office complex in Oberursel.
FTSE 250 movers: Fidessa and pub companies lead rise
UK midcaps were chasing their blue chip brethren higher on Monday as bargain hunters regained confidence. By late afternoon the FTSE 250 was 1. 9% higher at 15,725. 05.
ECB's Draghi calls for fiscal stimulus
The European Central Bank stood ready to do more if either the declines in the price of oil and commodities or damage to the transmission mechanism for its monetary policy pointed to downside risks for price stability, Mario Draghi said on Monday.
Savannah Resources gets further investment from Al Marjan
Savannah Resources said private investment bank Al Marjan bought 98. 3m shares in the company at just under 1. 8p each in a placing, making it the largest shareholder.
ImmuPharma doses first patients in the US
ImmuPharma's clinical expansion into the US reached a significant point on Monday, with the first dosing of patients in its Phase III trial of the in-development lupus treatment Lupuzor.
Metal Tiger looking to expand Spanish operations
Metal Tiger was aggressively pressing ahead with expanding its Spanish operations on Monday, updating the market on the 2015 year at its Logrosán and Zorita licences, and revealing a new opportunity in the country.
Nature Group to miss market expectations for 2015
Nature Group, a provider of port reception facilities and waste treatment solutions, expects full year pre-tax profit to be substantially lower than market expectations, with a trading loss for the year.
Union Jack announces start of drilling at Laughton
One of Union Jack Oil's newer investments achieved a major milestone this month, with the company announcing the start of drilling operations at the conventional Laughton-1 well.
All Leisure remains above waterline for 2015
All Leisure finished its financial year above the waterline, though tougher times in the tourism sector made for rocky sailing, it reported on Monday.
FTSE 100 movers: Reckitt rallies on results; IAG flies higher on upgrade
London’s FTSE 100 was up 2% to 5,820. 13 at 1440 GMT, rebounding from last week’s losses following positive cues from Asia.
Retailers enjoy best footfall in two years, BRC-Springboard data shows
Shopper numbers in UK stores bounced back in January with a strong increase compared to a year ago as high street outlets saw their first rise in footfall in two and half years and retail parks continues to boom.
Rolls-Royce dividend cut prudent and credit enhancing, says Moody's
Rolls-Royce’s decision to cut its dividend for the first time in 25 years last week was prudent and credit enhancing, according to Moody’s.
Aldi to hire 5,000 staff for 80 store roll-out
Ramping up the pressure in the cut-throat grocery sector, Aldi said it would hire 5,000 staff as it opens over 80 stores this year, amid analyst allegations that the discounter has been "rattled" by competitors.
New markets driving momentum for Safestay
Safestay warmed the market up for its full year results on Monday, citing its ongoing expansion and good growth at its existing sites as driving momentum.
London midday: Investors wait on ECB's Draghi
Stocks in London were at the day's high come midday, ahead of European Central Bank chief Mario Draghi's testimony before the European parliament and after Chinese officials set a higher daily fixing for the country's currency.
Peel Hunt downgrades Antofagasta, but shares up on copper rebound
Peel Hunt has downgraded Antofagasta to 'hold' from 'buy', yet shares in Chilean miner rose after copper prices rebounded to $4500/t.
Hornby rallies as CEO Richard Ames steps down after profit warning
Shares in model train maker Hornby rallied on Monday after Richard Ames stepped down as chief executive officer with immediate effect following the company’s third profit warning in five months last week.
Telford Homes sells Caledonian Road development for £67m
Telford Homes' large Caledonian Road development in North London - The Pavilions - received a boost on Monday, with the news it had sold all houses in the scheme to a subsidiary of L&Q, one of the UK's biggest housing associations.
Europe midday: Banking stocks rack up solid gains
Banks paced the advanced on Monday as stocks in Europe took their cue from a strong session in Asia.
Plastics Capital weathering tough industrial conditions
Plastics Capital said it was weathering a number of difficult market conditions on Monday, updating the market on its third quarter operations, which were broadly in line with expectations.