Market Pulse
Lonmin full-year loss narrows
Lonmin said losses in the year to the end of September narrowed thanks in part to the restructuring of the business, a continued focus on cost management and the weakening of the rand against the US dollar.
Asia report: Japan surges as earthquakes batter the Kiwi
Markets in Asia finished mixed on Monday, with Japan leading the region as the yen weakened and Tokyo released some positive economic data, while a series of deadly earthquakes saw the New Zealand dollar face a volatile session.
BMR invests in metal exploration property in Portugal
Miner BMR Group has acquired 80% of a metals exploration concession over a property in Northern Portugal.
Interserve wins FM contract with six government departments
Interserve, an international support services and construction group, has secured a £40m, five-year facilities management account with six central government departments.
Inspiration Healthcare showcases at MEDICA trade fair
Inspiration Healthcare group, an AIM listed global medical device company, has announced that two of its new products will be showcased for the first time at MEDICA, the world’s leading trade fair for the medical industry in Düsseldorf between 14-17 November 2016.
UK advertising outlook improves after 'negligible' Brexit impact, WPP says
The UK advertising industry outlook has been revised higher by marketing behemoth WPP’s Group M business after what is seen as a “negligible” short-term impact from the Brexit vote.
Recruitment and pay set to slow amid Brexit concerns, says CIPD
Employment growth is slowing and real wages are likely to fall next year, over concerns about the type of Brexit is being sought by the government, according to an industry body.
Eurozone industrial production drops less than expected in September
Eurozone industrial production fell less than expected in September, according to data released by Eurostat.
Carr's full-year profit rises, dividend hiked
Agriculture and engineering group Carr’s posted a rise in pre-tax profit for the year ended 3 September, despite a drop in revenue, thanks in part to a strong showing in the agriculture division.
Irish Continental revenues up as weak sterling has minimal impact
Irish Continental Group issued a trading update for the year to 5 November on Monday, along with financials for the first ten months of the year to 31 October.
HSBC ups Tesco to 'buy', says recovery has gathered pace
HSBC upgraded Tesco to ‘buy’ from ‘hold’ and lifted the price target to 260p from 195p, saying the recovery has gained pace, with sales and market share up.
ITM Power to refuel Europcar's hydrogen electric car fleet
Clean energy company ITM Power has signed a contract with Europcar UK to refuel its electric car fleet, building on its previous contract win from Hyundai Motor.
Europe open: Stocks gain ground as miners, banks advance
European stocks rose in early trade as positive sentiment from last week’s post-Trump rally carried over.
DCC sees profits surging ahead of expectations
Irish business support services group DCC’s half year revenue rose as it continues its expansion strategy, while it expects full year earnings to be “significantly” ahead of expectations.
London open: Stocks push higher as corporate news lends a hand
Stocks in London rose in early trade, underpinned by some well-received corporate news.
Kingspan sees FY trading profit up 30%
Kingspan said on Monday that it expects to deliver full-year trading profit of around €335m, up 30% on the previous year, although it did caution that much of the seasonally-variable fourth quarter remains and noted the forecast was based on the assumption that current exchange rates prevail.
Samsung acquires Harman to grab share of connected car market
Samsung Electronics has agreed to buy US automotive parts maker Harman International Industries for $8bn cash as part of a strategic swoop into the fast-growing 'connected car' market.
William Hill still in the race as online returns to growth
Bookmaker William Hill said it expected full-year profits to be at the top end of guidance as its online arm returned to growth in the third quarter.
Johnston Press confirms late discussions with Iliffe Media
Johnston Press confirmed on Monday that it is in late discussions with Iliffe Media about the potential disposal of certain titles.