Market Pulse
Iran will struggle to raise exports by more than 500,000 barrels a day, Moody´s says
Iran was set to add to an already oversupplied oil market in 2016, but the country would struggle to meet its stated export targets due to multiple hurdles, Moody´s said on Monday.
UK factory activity stabilises in February, CBI says
Factory activity "stabilised somewhat" last month, according to one of the country's best-known business lobby groups, although a gauge of manufacturers´ order books worsened slightly.
London midday: Equities led higher by mining stocks
London stocks edged higher on Monday as oil prices rose and weak Chinese data fuelled stimulus hopes.
Europe midday: Stocks push higher as oil prices rally
European stocks rose on Monday, with basic resources and energy issues pacing the advance as oil prices rallied.
JPMorgan upgrades UK equities to 'overweight'; base case is no Brexit
JPMorgan Cazenove upgraded UK equities to ‘overweight’, having held an ‘underweight’ stance on the region for three years, as it said the risk/reward has improved.
HSBC a 'buy' but target price under review, says Investec
HSBC delivered a reasonable performance on costs in the last quarter of the year, but the weaker outlook for revenues led Investec's Ian Gordon to tell clients he hoped "fresh cost reduction initiatives" would go beyond existing targets.
Trinity Exploration gets another loan repayment reprieve
Trinity Exploration & Production has agreed to extend its $13m (£9. 2m) debt repayment deadline for a 22nd time.
Daily Internet founder leaves board
Daily Internet founder Abby Hardoon has resigned from the company he founded nearly 10 years ago.
Litebulb given one more month to find funding
Product designer Litebulb has been given a stay of execution by its lenders in order to find further funding.
Asia report: Markets close higher after Xiao Gang exit
China led gains across much of Asia on Monday, with news from Beijing that the country's embattled securities chief was being replaced.
Westminster Group signs 20 year MoU over Middle East border security
Westminster Group has signed a memorandum of understanding over a 20 year border security project in the Middle East.
Regency buys back into Gatwick Gusher
Regency Mines has agreed to acquire an interest in the Horse Hill oil development in the Weald Basin near Gatwick Airport for £400,000 in cash and shares.
Hardide confident on long-term prospects
AIM-listed surface coatings company Hardide is confident about its medium and long-term prospects.
Kingspan profit underpinned by UK and US markets
Irish building materials company Kingspan reported a rise in 2015 profit and revenue as it hiked its dividend for the year following a strong performance from its insulated panels business.
MPC to be on hold for a while as equilibrium jobless rate shifts lower, Citi says
The equilibrium rate of unemployment - that which does not stoke undue wage pressures - was lower than had been thought, making it that much more likely that the Bank of England could be on hold for a while, economists at Citi said at the start of the week.
HSBC posts flat profit short of consensus
HSBC has missed full year profit consensus forecasts by 8%, as it missed fourth quarter targets by a long way.
Europe open: Resource stocks pace the advance, but HSBC slumps
European stocks rose in early trade following a positive session in Asia, as oil prices advanced.
Markit's Eurozone composite PMI weaker than expected
Markit's flash Eurozone PMI composite output index for February came in at 52. 7 compared with 53. 6 the previous month.
Fastnet Equity in talks to acquire Amryt Pharmaceuticals
Fastnet Equity shares have been suspended from trading after it said it is in advanced discussions for a reverse takeover of Amryt Pharmaceuticals.
London open: Miners give stocks a boost amid China stimulus hopes
UK stocks gained on Monday, led by mining companies as soft Chinese data raised hopes of further stimulus measures.