Market Pulse
Microsoft adds LinkedIn to its network in $26.2bn takeover
Microsoft has agreed to buy LinkedIn in a $196 per share all-cash takeover that values the professional social network at $26. 2bn.
US close: Stocks drop ahead of EU referendum, Fed rate decision
US stocks declined on Monday on jitters ahead of Britain’s European Union referendum and the Federal Reserve’s interest rate decision.
Financials, insurers pace drops
The latest Brexit poll results sent traders scurrying for cover as they revealed another small lurch towards the UK leaving the European Union on 23 June.
FX round-up: Sterling endures torrid turn on resurgent Brexit fears
Sterling put in torrid turns on most major crosses today as resurgent Brexit fears flooded across global markets, and traders looked keenly ahead to UK, US and Japan central-bank fixtures later this week.
FTSE 250 movers: Aveva flies as G4S wilts amid Brexit pall
FTSE 250 finished lower alongside its blue-chip sibling as Brexit fears acted as a dead-weight on sentiment and trade, but served to boost the appeal and price of safe-haven gold.
OPEC sticks to global oil demand forecasts for 2016
The Organisation of the Petroleum Exporting Countries stuck to an optimistic note on global oil demand in 2016, despite the recent decision by the World Bank to slash its projections for global growth.
London close: Stocks finish lower on mounting Brexit fears
UK stocks finished lower on Monday as Brexit fears rose ahead of the next week’s European Union referendum.
Director dealings: Centamin chairman sells £5.6m shares
Centamin founder and executive chairman Josef El-Raghy has sold disposed of 5m shares not long after they hit their highest levels for five years.
Tuesday preview: UK inflation, Ashtead full year results
UK inflation is expected to have improved slightly in May as oil prices recover.
Digital Look to introduce new Bats indices
Digital Look has adopted the latest market indices technology in order to keep investors ahead of the game when deciding where to place their money.
Morgan Stanley keeps Rolls Royce at underweight on valuation
Rolls Royce was likely to beat market forecasts for profits in 2016 but the lack of obvious positive catalysts for the share price and already "rich valuation" led analysts at Morgan Stanley to reiterate their 'underweight' stance and 655p target price on the shares.
FTSE 100 movers: Precious metals up as Brexit fears continue
The FTSE 100 was in the red in Monday afternoon trading, as the pound declined on Brexit fears after evidence pointed towards growing momentum behind the 'Leave' campaign ahead of next week’s referendum.
Schneider Electric reportedly mulling fresh bid for Aveva
Shares in Aveva topped gainers on the second-tier index after the Financial Times reported renewed interest from Schneider Electric in a possible buy-out.
US factory gate inflation slips back into negative in May
Factory gate inflation Stateside printed negative again in May, despite large gains in prices for energy and trade.
ShoreCap starts Spectris at buy
Spectris was navigating tough market conditions, like many of its peers, but management had also been restructuring the business to capture long-term secular growth in the markets which its serves, analysts at ShoreCap said, leading them to initiate the shares at a 'buy'.
IOG gains tighter North Sea grip with Vulcan acquisition
Independent Oil and Gas (IOG) has tightened its grip on the Vulcan oil fields in the North Sea with an acquisition of up to £5m for four UK licences.
US pre-open: Stock futures fall on Brexit jitters
US stocks futures dropped on Monday as investors showed caution ahead of Britain’s European Union referendum and the Federal Reserve’s interest rate decision.
Shire wins FDA breakthrough therapy designation for two drugs
Shire has been given an encouraging green light by the US drug regulator for two potential rare disease treatments in its pipeline.
London midday: Stocks fall on Brexit worries as EU referendum looms
London stocks fell on Monday as the pound declined on Brexit fears after evidence pointed towards growing momentum behind the 'Leave' campaign ahead of next week’s referendum.
G4S hit by connection to Orlando shooter Omar Mateen
Shares in G4S slumped after it emerged the security services company employed Omar Mateen, the suspect responsible for a mass shooting at the Pulse gay nightclub in Orlando, Florida where at least 50 people were killed.