Market Pulse
London Stock Exchange strengthens information arm with Mergent deal
London Stock Exchange has acquired US-based Mergent Inc for an undisclosed fee to strengthen its fast-growing information services division and support creation of more passive investment products.
Journey Group to de-list on AIM on 15 December
Journey Group, a provider of in-flight products and catering services to airliners, has confirmed it is to de-list from AIM on 15 December.
Apple will replace iPhone 6S batteries after fault detected
Smartphone maker Apple will provide free replacement batteries for iPhone 6S users who have experienced a fault, after a Chinese consumer agency flagged the issue.
African Potash staggers to new low after nomad Cantor resigns
Broker Cantor Fitzgerald has warned African Potash that it will resign as the AIM-listed company's nominated adviser from 7 December 2016, sending the fertiliser developer's shares to a mind-boggling new low.
London midday: Shares hold onto small gains
Stocks were seeing slight gains on Monday as traders poured over the Prime Minister´s new industrial strategy while analysts reacted to the panoply of political news out over the weekend.
Europe midday: Stocks gain as oil and metal prices rise
European stocks advanced as oil and metal prices rallied, while the euro rose against the dollar as political instability receded somewhat.
Citi and JPMorgan overtake HSBC to top list of globally important banks
The Financial Stability Board has updated its annual rankings of the most globally systemic banks in the world, with Citi rising to the top of the pile alongside JPMorgan Chase.
Alternative Networks agrees sale to Daisy for £165.3m
Telecoms software group Alternative Networks has agreed to be bought by Daisy Intermediate Holdings for 335p per share in cash, or about £165. 3m.
Red Rock Resources to receive £658,350 from manganese investment
AIM-listed miner RedRock will receive a £0. 5m payout from a South African investment due to strong manganese prices, which if they continue are expected to lead to more of the same.
Kibo finalises collaboration with General Electric
Kibo Mining, a Tanzania-focused mineral exploration and development company, has entered into a collaboration agreement with General Electric International (GE) to help with the development of the Mbeya coal power project.
Instem's full year results to be behind expectations, shares plunge
Shares in Instem plunged on Monday after the healthcare computer services company warned full year results would be behind expectations as its clinical business had “further deteriorated” from the first half of the year.
Babcock recommended for French Air Force contract
France’s Direction Generale de l’Armement has recommended that Babcock International be awarded a contract to provide and maintain a training platform and related services to the French Air Force.
Eurasia Mining to de-risk platinum project
AIM-listed explorer Eurasia Mining has granted permission to Lemuria Royalties of Canada to conduct due diligence on its platinum mine in Russia in order to reduce risk on development of the project.
Obama may break convention and comment on Trump presidency
Barack Obama has suggested that he may weigh into debates on Donald Trump's presidency when the Republican moves into the Oval Office in 2017, potentially breaking with decades of presidential convention.
Savers' deposit protection to be lifted back to to £85,000
The banking regulator wants to lift the level of protection on savers' deposits to £85,000 from £75,000 in the event of a bank's collapse.
Canaccord downgrades MITIE, slashes target price
Any major collapse in MITIE´s share price would provide a longer-term opportunity, but shorter-term there were various uncertainties which needed to be resolved, Cannacord Genuity said.
US pre-open: Stocks seen touch higher as oil prices rally
US futures pointed to a marginally higher open on Wall Street, supported by rallying oil prices, as investors eyed a speech by Federal Reserve Vice Chairman Stanley Fischer.
UK's May U-turns on plans to have workers on boards
UK Prime Minister Theresa May on Monday backtracked on her pledge to have worker representatives on the boards of companies.
Enquest delivers first oil at Scolty/Crathes, lowers guidance
Enquest, the oil and gas development and production company, achieved first oil from its Scolty/Crathes development, but maintenance at the Brent pipeline system was now expected to last longer and start later, resulting in lower average daily full-year production volumes.
Symantec to buy LifeLock for $24 per share
Symantec Corp has agreed to buy identity theft protection services company LifeLock for $24 per share or $2. 3bn in enterprise value.