Market Pulse
Tekcapital partners with Bajainnova to market IP services in Mexico
Tekcapital, a provider of technology and intellectual property services, has signed a strategic alliance agreement with Bajainnova SAPI de CV, a technology transfer company, to market its services in Mexico.
Europe midday: Stocks edge lower on oil, US politics
European stocks slipped on Monday as crude oil futures retreated and markets digested the possible implications of the US Federal Bureau of Investigation´s decision to reopen a probe into US presidential candidate Hillary Clinton, with a surprise drop in German retail sales figures also weighing on sentiment.
Prime Minister May supports Carney staying on as BoE Governor
Theresa May has given her backing to Bank of England Governor Mark Carney as doubts swirl around whether he will stay beyond his initial contract.
Totally's Premier Physical Heathcare wins new contract with Yorkshire prisons
AIM-listed out-of-hospital services provider Totally, announced that its subsidiary Premier Physical Healthcare, a provider of treatments for musculoskeletal injuries, won a six year £125,000 contract with two prisons.
US pre-open: Stock futures higher as investors eye Fed policy, US elections
US stock futures were slightly higher on Monday as investors looked ahead to the Federal Reserve’s interest rate decision and monitored news surrounding the presidential election.
London midday: Stocks fall on investors' jitters ahead of central bank decisions
London stocks fell on Monday as investors exercised caution ahead of policy decisions from the Bank of England and the Federal Reserve.
Plexus Holdings slips into losses but confident of oil rebound
AIM-listed Plexus Holdings’ revenue decreased due to the drop in oil prices and the reduction in the oil and gas engineer’s drilling activities.
Stock Spirits responds to complaints from Amaral's Western Gate
Stirring after a five month ceasefire, a major shareholder in Stock Spirits has criticised the "ongoing poor corporate governance" of the distilling company after it cancelled an open day with investors.
Hutchison China's JV receives $60m land compensation
Hutchison China MediTech’s prescription drug joint-venture received $59. 5m on Friday from the Shanghai government under its land compensation agreement.
Majestic Wine offers home delivery in time for Christmas period
Majestic Wine has announced that it will be offering next day delivery for its full range of 1,250 wines by 2 November 2016 in time for the start of the peak Christmas trading period.
InnovaDerma posts maiden profit ahead of Skinny Tan launch into US
As well as announcing soaring full year profits, InnovaDerma has secured a US distribution deal for its Skinny Tan self-tanning lotion after it proved a hit in the UK and Australia.
PPHE Hotel's revenues rise boosted by weak pound
AIM-listed PPHE Hotel Group’s revenue rose due to the favourable euro/sterling exchange rate, with the hotel operator telling investors it expects trading to be in line with current expectations.
Tetragon reports profitable assets across its portfolio
Tetragon Financial group, a Guernsey based closed-ended investment company, reported profits across all its asset classes in the third quarter ended 30 September 2016.
GE and Baker Hughes agree to create new oilfield services company
GE has agreed to merge its oil and gas business with Baker Hughes to create a new oilfield technology services company with annual revenues of $32bn from providing physical and digital technology.
Business confidence increases in October, says Lloyds
Business morale in Britain rose in October to the highest level since April, according to a bank survey.
Glencore closes zinc mine after deposit dries up
Glencore has shut down its zinc mine in Queensland Australia after available resources at the site were depleted.
Proteome Sciences plunges after highly discounted placing
After offering the shares at a highly discounted price before getting shareholder approval, Proteome Sciences has raised £3. 3m through a placing and subscription of new shares to accelerate its strategy and meet client demand.
Europe open: Stocks fall ahead of Eurozone inflation, GDP data
European stocks declined on Monday as traders awaited Eurozone inflation and economic growth data, and weighed a surprise drop in German retail sales figures.
WPP enjoys third-quarter boost from sterling softness
Helped by the weakness of sterling, WPP posted net revenue and profit margins ahead of forecasts for the third quarter, while the outlook was said to remain unchanged.
London open: Stocks fall ahead of BoE and Fed interest rate decisions
London stocks fell on Monday as investors looked ahead to the Bank of England and Federal Reserve policy decisions later in the week.