Market Pulse
Sareum Holdings granted patents in Japan and Singapore
Specialist cancer drug discovery and development company Sareum announced on Monday that the Japan and Singapore Patent Offices have issued notifications that patents will be granted for inventions associated with its Aurora+FLT3 kinase inhibitor programme.
FTSE 100 movers: Pearson slumps on update; StanChart gains on Essar news
London’s FTSE 100 was down 0. 7% to 6,963. 60 in afternoon trade.
Germany tells Tesla to ditch Autopilot brand in advertisements
A German motor authority has told US carmaker Tesla to drop the Autopilot name for its cars which use self-driving technology.
Credit Suisse eyes dividend increase at Drax, ups target
Analysts at Credit Suisse upped their target price on shares of Drax because of higher near-term pricing in energy markets and the possibility that the European Commission might soon hand down a ruling on the state aid offered to the company to help it transform its coal-fired generators at the power station in Derby.
StratMin's shares soar as it reaches final hurdle for graphite project
Shares in AIM-listed StratMin Global Resources soared nearly 17% on Monday, as the resource and commodity investment company announced it had received the final regulatory permission needed for its Madagascar graphite project.
Coty agrees to buy GHD for £420m in cash
US cosmetics firm Coty has agreed to buy hairstyle appliance brand GHD – which stands for ‘Good Hair Day’ – for around £420m in cash in a deal that is expected to be immediately accretive to earnings upon closing.
Serabi Gold reaches record Q3 production at Brazil mines
AIM-listed miner Serabi Gold reached record production for the third quarter at its two Brazil mines.
BofA - Merrill tells investors to look at real assets amid War on Inequality
'Get real', strategists at Bank of America-Merrill Lynch told clients.
Sterling slump ramps up pressure on Tesco and British Airways debt, Fitch warns
Clothes retailer New Look, grocer Tesco and British Airways could endure major on their balance sheets and credit rating if the pound continues to slump at current levels, according to a major credit agency.
NY Fed manufacturing index falls unexpectedly in October
Manufacturing sector conditions in the jurisdiction of the Federal Reserve bank of New York slipped in October.
Horse Hill oil developers apply for further 'significant' drilling
UK Oil & Gas and its partners in the Horse Hill Developments (HHDL) company drilling for oil close to Gatwick Airport, have applied for planning permission with Surrey County Council for a further round of drilling.
Bank of America's third-quarter numbers top forecasts
Bank of America shares gained in pre-market trade as its third-quarter earnings surpassed analysts’ forecasts.
Apple pulls out from building its own car as Project Titan stumbles
US technology giant Apple appears to be cooling down its attempts to build its own car, having massively scaled back its auto operations in recent months, according to Bloomberg.
Winkworth appoints Andrew Nicol as CFO
Real estate franchisor M Winkworth has announced the appointment of Andrew Nicol as chief financial officer with immediate effect.
Falanx appoints new CEO, trades in line with expectations
Intelligence, security and cyber defence provider Falanx Group announced the appointment of Stuart Bladen as chief executive officer with immediate effect on Monday.
Zytronic expects underlying profit to grow "significantly"
Touch sensor products developer Zytronic provided a pre-close statement ahead of its results for the year to 30 September on Monday, which is expected to take place in December.
Cabinet to discuss Heathrow and Gatwick expansion
The cabinet is to discuss the expansion of Heathrow and Gatwick airports on Tuesday before a decision is officially made, according to BBC News.
Hasbro's Q3 earnings and profit up, beat expectations
Toymaker Hasbro posted better-than-expected third-quarter earnings on Monday thanks to a strong performance from the Games and Girls segments.
G&S Technologies increases stake in Hydrodec's US operation for $1.7m
Transformer recovery company G&S Technologies Group bought a further stake in Hydrodec’s US operation, which provides waste oil and workshop waste services, for $1. 7m.
Iraqi forces begin offensive against Islamic State in Mosul
The Isis-controlled city of Mosul in Northern Iraq was under siege on Monday as Iraqi military forces combined with members of the Kurdish Peshmerga in a bid to reclaim the city.