Market Pulse
Vectura to take big financial hit as VR475 fails to meed endpoint
Vectura Group announced on Monday that its phase III study of VR475 in adult and adolescent patients with severe uncontrolled asthma did not meet its primary endpoint.
Intercede losses narrow as revenue rises, operating expenses fall
AIM-listed cybersecurity group Intercede said on Monday that its losses narrowed in the first half as operating expenses fell.
Norway's DNO offers to buy Faroe Petroleum for £608m in cash
Norwegian oil and gas operator DNO has offered to buy London-listed Faroe Petroleum for 152p a share in cash, valuing the group at around £607. 9m.
German business sentiment drops in November
German business confidence deteriorated more than expected in November, according to a widely-followed survey released on Monday.
Audioboom cheers strong demand for Dead Man Talking podcast
Spoken word streaming service Audioboom has traded in line with expectations over the last thirteen months after its Dead Man Talking podcast received just shy of one million downloads since its launch back in October.
Mike Ashley said to threaten closing all Intu stores in rent row
Intu Properties was in the red on Monday following a report over the weekend that Sports Direct founder Mike Ashley has threatened to shut all of his stores in Intu shopping centres in a row over new rent terms for House of Fraser sites.
Seeing Machines wins deal with Aussie air force
Australia-based computer vision technology business Seeing Machines has inked its first commercial program agreement out of its aviation division.
London open: Banks lead FTSE higher after EU signs off Brexit deal
London stocks rose in early trade on Monday following a positive session in Asia, with banks on the front foot as investors kept an eye on any Brexit-related developments.
BT's Openreach extending G.fast to another million premises
BT’s Openreach division announced an extension to its ultrafast broadband rollout on Monday, with a plan to extend G. fast service to more than a million homes and businesses in a further 81 locations.
Tritax Big Box gets planning permission for new Dartford logistics facility
Tritax Big Box REIT updated the market on progress with its 114 acre development site at Littlebrook, Dartford, within the M25 on Monday, which it acquired in July 2017.
London pre-open: Stocks seen up on positive Asian cues; Brexit remains in focus
London stocks were set to rise at the open on Monday, taking their cue from a positive session in Asia as investors kept an eye on any Brexit-related developments.