Market Pulse
Government bonds under pressure around the world
Sovereign bond yields continued heading north as investors moved to factor-in the impact on sovereign bond markets of increased deficit spending in the US.
AFC Energy able to operate on lower grade hydrogen
AFC Energy completed testing of its second generation fuel cell system, proving its ability to operate on lower grade hydrogen.
Serabi Gold third quarter revenue almost doubles
Brazil-focused gold mining and development company Serabi Gold reported record gold production for the third quarter of 2016, and cash costs of production for the year to date of $772 per ounce on Monday.
Sunrise Resources buys second pozzolan deposit in Nevada
Diversified mineral explorer Sunrise Resources has expanded its Pozz project in Nevada with the acquisition of second deposit with potential for natural pozzolan production.
Metal Tiger notes schedule-beating progress in Botswana
Strategic natural resources investor Metal Tiger noted the MOD Resources announcement with regard to their joint venture at the Kalahari Copper Belt in Botswana on Monday.
Powerflute Oyj takeover goes unconditional
Nordic Packaging and Container Finland Holdings declared its recommended cash offer for Powerflute Oyj wholly unconditional on Monday, having received acceptances to the offer representing more than 90% of the issued and to be issued shares in Powerflute.
Hutchison China MediTech presents promising data in Washington
Hutchison China MediTech presented data from a recent Phase I, first-in-human, dose escalating study of the safety, tolerability and pharmacokinetics and pharmacodynamics of single and multiple doses of HMPL-523 on Monday, to the Annual Meeting of the American College of Rheumatology/Association of Rheumatology Health Professionals, being held in Washington DC.
Europe midday: Stocks in the black amid optimism over Trump policies
European stocks were up but off highs by midday as investors remained optimistic about President-elect Trump's policies.
Greatland Gold posts promising electromagnetic results at Bromus
Greatland Gold announced the results of downhole electromagnetics at its Bromus project in Western Australia on Monday.
Jubilee Platinum losses widen amid depressed market
Jubilee Platinum posted its audited results for the year to 30 June on Monday, with operating expenses from continuing operations - excluding share-based payment charges and impairments - down 16. 27% to £2. 4m.
21st Century Tech wins £1m Gatwick IT system contract
21st Century Technology, which provides IT solutions to the transport sector, has won a £1m, five year contract from OFJ Connections Gatwick Airport to provide integrated real-time passenger information and connected bus systems.
American Apparel files for bankruptcy in US
American Apparel, which announced last week that its UK business was going into administration, has filed for bankruptcy in the US for the second time in just over a year.
Playtech to buy Consolidated Financial Holdings for up to $120m
Gaming software development company Playtech has agreed to buy Consolidated Financial Holdings for up to $120m – a deal it said will enhance its position as it continues to build a B2B offering in its financials division.
Citi ups Marks & Spencer to 'buy', notes limited downside
Citigroup upgraded Marks & Spencer to ‘buy’ from ‘neutral’ and lifted the price target to 365p from 325p as it said downside was limited and the UK strategy presents upside.
Inland Homes expands Essex residential pipeline with joint venture
AIM-listed brownfield housebuilder Inland Homes has entered into a joint venture with contractor Anderson Group to develop 43 new homes in Essex.
Shopper numbers fall again, BRC-Springboard footfall data shows
Numbers of people popping into UK shops continued to fall last month, according to a survey of the industry published on Monday, while another report found around a third of retailers have scrapped or delayed investment due to Brexit worries.
Canaccord cuts SIG to 'hold' after profit warning
Canaccord Genuity downgraded SIG to ‘hold’ from ‘buy’ and cut the price target to 99p from 130p following the company’s profit warning and announcement of its chief executive’s departure last week.
Data shows China economy set to slow in 2017, Capital Economics says
Chinese activity continued to recover in the fourth quarter but was set to slow in 2017, economists said, as measures to dampen the real estate sector weighed on the economy.
US pre-open: Stocks seen higher as dollar gains; Treasury yields rise
US futures looked set to extend the Trump rally on Monday as investors remained optimistic that his policies will fuel economic growth.
Harworth acquires Moorland Gate business park
Harworth Group, the property regeneration and investment specialist, has acquired Moorland Gate business park in Chorley, Lancashire for £4. 5m cash.