Market Pulse
CEO of UDG Healthcare's Ashfield division to retire
UDG Healthcare said on Monday that Chris Corbin, the chief executive officer of its largest division, Ashfield Commercial & Medical Services, will retire in April 2019.
GLI Finance swings to loss amid strategic review
GLI Finance posted its unaudited interim results for the six months to 30 June on Monday, with losses for the period of £6. 9m, compared to a £5. 3m profit in the first half of 2015.
ESW pulls out of race for Bond International Software
ESW Capital updated the market on Monday, over its possible offer to acquire the AIM-traded Bond International Software.
Water Intelligence's revenue rises due to US reaquisitions
AIM listed Water Intelligence, a provider of leak detection and remediation services, reported a rise in revenue as it reacquired several past US franchises in the first half of the year.
Allergy Therapeutics swings to FY loss on R&D spend
Allergy Therapeutics posted a rise in revenue for the year to the end of June but said it swung to a loss as it ramped up its spending on research and development.
Telefonica UK flotation of O2 gears up despite market fears
O2, one of Britain's biggest mobile phone providers, is nearing a flotation on the London Stock Exchange under the name Telefonica UK as Spanish parent company Telefonica hires advisers to oversee a potential £10bn flotation.
GW Pharmaceuticals nears US new drug application for epilepsy drug
GW Pharmaceuticals said it planned to apply to market its cannabis-derived treatment for childhood-onset epilepsy early next year after the drug produced strong results from its late-stage clinical trail.
MySQUAR shares rise on mobile gaming revenue
Myanmar-language social media, entertainment and payments platform MySQUAR announced on Monday that its gaming business continued to achieve encouraging results after the release of the game Hawk Hero on 12 September.
Active Energy shares surge on solid interim results
International timber processing, forestry management and renewable energy business Active Energy announced its interim results for the six months to 30 June on Monday, with an 11% increase in revenue to $13. 41m and a 50% increase in gross profit to $1. 84m.
Self-driving vehicle from Google involved in serious crash
A self-driving car made by Google has been involved in a serious accident in California, after the driver of a different car passed through a red light and hit the vehicle.
Nasstar's H1 revenue rises in line with expectations
Nasstar, a provider of hosted managed and cloud computing services, reported a rise in half year revenue as the company was trading in line with management expectations.
City of London's full year losses widen
City of London Group (COLG), an AIM listed investment company that focuses on providing finance to the small and medium enterprises (SME) sector, reported on Monday a deeper annual loss.
US pre-open: Stocks seen weaker as investors eye presidential debate, OPEC
US futures pointed to a downbeat open on Wall Street as investors eyed an OPEC meeting and the first US presidential debate between Hillary Clinton and Donald Trump.
North River Resources shares drop as firm faces uncertainty
Namib Lead-Zinc Project-focused resource company North River Resources posted its unaudited interim results for the six months to 30 June on Monday, with another period of zero revenue as it continued its exploration efforts.
BHS to relaunch as online retailer after store closures
Only one month after its last high street store shut its doors, BHS is set to make a swift comeback as an online shopping outlet.
Samsung to push back Galaxy Note 7 sales restart date
South Korea-based phonemaker Samsung has delayed its reintroduction of its Galaxy Note 7 smartphone to stores in its home country, after the device was recalled following safety issues.
Pfizer says it won't split into two
Following an extensive evaluation, Pfizer has decided not to split the company into two separate publicly-traded groups.
London midday: Stocks fall ahead of OPEC meeting, Trump and Clinton debate
London stocks declined on Monday as investors awaited an OPEC meeting in Algeria and a debate later in the day between Hillary Clinton and Donald Trump.
Europe midday: Banks lead stocks lower as Deutsche slides
European stocks fell on Monday, with banks under the cosh as Deutsche Bank slid, despite a strong reading on German business confidence.