Market Pulse
Omega Diagnostics turnover slightly ahead at the interim stage
Medical diagnostics company Omega Diagnostics posted a trading update for the six months to 30 September on Monday, in advance of releasing its interim results on 21 November.
Image scan's portable X-ray sales increase threefold
Image scan, an AIM-listed specialist in the field of real-time X-ray imaging for the security and industrial inspection markets, has reported a threefold increase in sales of portable x-ray systems due to large orders from Asian governments.
Europe midday: Stocks on the back foot
European stocks fell as investors looked ahead to a busy week on the corporate front and the European Central Bank rate announcement on Thursday, with the dollar steady at a seven-month high.
Avacta Group narrows loss as revenues rise
Biotherapeutic, research and diagnostic reagent developer Avacta Group announced its preliminary results for the year to 31 July on Monday, with revenues and losses in line with market expectations.
Great Western Mining reports positive M1 results, raises £0.5m
Great Western Mining updated the market on the M1 prospect on Monday, following a second soil and rock chip sampling programme during the spring and early summer to consolidate the “very encouraging” results of the previous year.
Clinton extends lead against Trump, poll shows
US presidential candidate for the Democratic party, Hillary Clinton, extended her lead over her main rival, Donald Trump, over the weekend to eleven points.
PepsiCo promises to cut sugar levels in drinks by 2025
US drinks producer PepsiCo will pledge to make a significant reduction in the amount of sugar contained in its products, CEO Indra Nooyi said on Monday.
ICE must sell Trayport energy trading platform, says UK's CMA
Intercontinental Exchange (Ice) has been told by UK regulators that it should sell its Trayport software platform less than a year after its acquisition, in order to free up competition in the market for wholesale energy trading.
US pre-open: Stocks seen slightly lower ahead of busy week
US futures pointed to a slightly lower open on Wall Street as investors eye a busy week in terms of earnings releases.
Modern Water receives order commitments worth £550k
Modern Water has received order commitments from customers in the Asia Pacific region in excess of £550,000 for its range of online toxicity and trace metal monitoring equipment.
British economy to slowdown in next few years, says EY Item Club
The British economy will experience a slowdown in coming years as consumer spending and business investment falls on a rise in inflation, a think-tank said on Monday.
Asia report: Markets lower as China arrests Aussie casino staff
Markets in Asia were mostly red by end-of-play on Monday, with Australian shares particularly hurt by reports Chinese authorities were detaining a number of staff from casino operator Crown.
Pearson sales struggle as education proves tough test
Underlying sales remained underwhelming at Pearson in the third quarter but the pound's weakness is likely to put a sheen on full year numbers.
Mortice growth in line with expectations in first half
Mortice Limited, an AIM listed security and facilities management company, is on track to meet its expectations for the first half ended 30 September 2016.
Eurozone inflation up 0.4% in September, as expected
Inflation in the eurozone was confirmed at 0. 4% for September, up from 0. 2% in August and in line with expectations, according to data from Eurostat.
Monday broker round-up
Coca Cola Hellenic: Jefferies keeps at buy with a target price of 2100p.
Anglo Asian Mining announces new Azerbaijan gold discovery
Gold, copper and silver producer Anglo Asian Mining announce a new gold discovery named ‘Ugur’ on Monday, within its Gedabek licence area in western Azerbaijan.
Helical offloads three assets for £21m
Helical announced on Monday that it has completed on the disposal of four assets in two separate transactions for a combined price of £20. 7m, representing a 10% premium to the March book value.
Hornby appoints David Mulligan as finance director
AIM-listed train set maker Hornby has appointed David Mulligan as finance director with immediate effect.
Starcom to appeal after court finds in favour of former lender
Starcom has launched an appeal after a court in Israel found in favour of a £1m claim filed almost two years ago.