Market Pulse
London open: Stocks fall on disappointing Chinese data
UK stocks declined on Monday after Chinese data released over the weekend missed expectations.
Crest Nicholson hikes selling prices 24 percent
Rates of new house completions, sales per week and total forward sales all slowed at Crest Nicholson in the first half of the year compared to its last financial year as the housebuilder drove selling prices higher.
London pre-open: Quiet start expected to week
The FTSE 100 was called to open lower on Monday after a mixed Asian session.
Acquisitions drive revenue growth at Diploma
Acquisitions drove revenue growth at Diploma in the first half of the year, it revealed on Monday, with revenue in the six months to 31 March jumping 10%.
New Portsmouth site for Unite Group
Developer and manager of student accommodation, the Unite Group, announced on Monday that is has exchanged contracts with Portsmouth City Council to acquire a new development site in the city.
Revenue, earnings down as ICAP reveals new name
Group revenue took a 6% hit at ICAP in the year to 31 March, it reported on Monday, to £1. 2bn as the dealer broker described markets at challenging.
Monday newspaper round-up: Ladbrokes-Coral, BHS, G4S, Sky
The merger between Ladbrokes and Coral could be blocked, analysts have suggested, citing the blocking last week of the proposed merger between O2 and Three by Europe’s competition commission on the ground that it would have cut the number of big players from four to three, an argument supported by the UK's regulator. Industry experts suggest the merger could be undermined by data showing that about three quarters of retail punters place bets only in shops. - The Times.