Market Pulse
French central bank chief underlines determination to return inflation to target
The chief of France’s monetary authority emphasised the European Central Bank’s “strong determination” to meet its inflation target and underlined that it still had many policy options at its disposal to meet it.
Sell the recent equity rally, says Morgan Stanley
Morgan Stanley cut its 12-month base case target for the S&P 500 index to 2,050 from 2,175 and its base target on the MSCI Europe to 1,300 from 1,500 as it recommended investors sell the recent stock market rally.
Fever-Tree's 'buy' rating reiterated by Investec
Investec reiterated its ‘buy’ rating and target price of 740p for Fever-Tree on Monday after the carbonated drinks maker reported a jump in full year profit.
ITV 'cheap' and advertising outlook not so gloomy, says Morgan Stanley
ITV shares look cheap compared to those of sector peers, said Morgan Stanley as it predicted a better advertising outlook than recent data had suggested.
Starwood Hotels surges on fresh buyout bid of $76 a share
Shares in Starwood Hotels & Resorts Worldwide surged in pre-market trade after it said it had received an unsolicited buyout bid from a consortium of companies for $76 per share in cash.
Europe midday: Stocks in the black as resources lend support
European stocks rose on Monday, with miners lending support as investors looked ahead to a week packed full of central bank meetings.
London midday: Miners lead equities higher
UK equities edged higher on Monday, with miners leading the charge as investors shrugged off weak Chinese data.
GW Pharmaceuticals rockets on positive results for Dravet epilepsy tests
Shares in GW Pharmaceuticals rocketed up more than 120% after revealed exciting results of its cannabis-based treatment for children with a rare form of epilepsy.
US pre-open: Stocks seen touch lower as attention turns to Fed meeting
US stocks looked set for a marginally lower open on Monday ahead of a week filled with key data releases and the Federal Reserve’s latest policy announcement.
Asia report: Markets start week in a good mood
Markets in Asia traded higher on Monday, extending their gains from Friday after fresh stimulus announcements from the European Central Bank.
Trinity Exploration trashes Touchstone deal despite mounting debt pressure
Shares in Trinity Exploration crashed to an all-time low intially on Monday as the oil tiddler revealed a battered balance sheet and the collapse of a $21m asset sale.
Eurozone industrial production rises more than expected
Industrial production rose more than expected in January, according to data released by Eurostat.
Goals Soccer Centres swings to full year loss
Goals Soccer Centres swung to a loss in 2015 as sales fell and the company booked an impairment charge.
Sports Direct takes profits from JD stake
Sports Direct has taken some profits from its investment in rival JD Sports, selling 1. 08m shares it was revealed on Monday.
Admiral drops on BofA Merrill Lynch, HSBC downgrades
Insurer Admiral was under the cosh on Monday following downgrades from HSBC and Bank of America Merrill Lynch.
'Robots' to replace 550 advisers at RBS
The rise of automation led to the axing of 550 jobs at the Royal Bank of Scotland, with the bank replacing them with so-called robo-advisers.
JPMorgan reiterates call to cut equity exposure after ECB
JPMorgan Cazenove reiterated its call for investors to start fading the bounce in equity markets, saying they should use the announcement of additional stimulus by the European Central Bank as an opportunity to cut exposure.
London open: Stocks track gains in Asia
UK stocks rose on Monday, tracking gains in Asia as an improvement in China's fixed asset investment offset worse-than-expected industrial production and retail sales figures.
Europe open: Stocks push higher as central bank meetings loom
European stocks rose in early trade, taking their cue from an upbeat session in Asia as investors looked ahead to a week packed full of central bank meetings.
Fever-Tree full year revenue surges 71%
Carbonated drinks maker Fever-Tree posted a jump in full year profit as revenue surged thanks to a strong performance across its geographical regions.