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Market Pulse
11 Dec
ashtead
Broker tips: Ashtead, Superdry, ASOS

Brokers have backed Ashtead Group’s booming US business after the rental company posted a strong set of interim numbers and upped its full-year targets.

10 Dec
ashtead, shipping container, port, dock
Tuesday preview: US factory gate prices, Ashtead in focus

Brexit headlines aside, the spotlight will be on the latest wholesale price data in the States, referencing the month of November.

10 Dec
westminster
May pulls Commons vote on Brexit deal

Prime Minister Theresa May called off a crunch vote on her Brexit deal in Parliament set for Tuesday after it became obvious that it would result in a massive defeat which some observers said might even destabilise her government.

10 Dec
fiat-fullback-garage-italia-customs-201850367 1-1-700x428
Europe close: Stocks walloped by growing list of concerns

Stocks on the Continent were pummeled at the beginning of the week, weighed down by the Prime Minister's surprise decision to call off a vote on Brexit in parliament, weak data out of China at the weekend and concerns around the US-China trade talks.

10 Dec
brexit-dup-irlande-du-nord-royaume-uni-ue 20181014193810
London close: Stocks and pound drop as PM calls off vote

London stocks finished sharply lower on Monday even as the pound slid on news that Theresa May has called off this week's parliamentary vote on the Brexit deal until she has been able to speak with her counterparts in the European Union.

10 Dec
ep carlos ghosn 20181122131402
Former Nissan chair Carlos Ghosn charged with financial misconduct

Tokyo prosecutors charged former Nissan chair Carlos Ghosn with financial misconduct on Monday after it was found that he had understated his income for over five years and re-arrested him on new charges which could keep him detained until December 30.

10 Dec
Centrica, offshore wind farm
FTSE 100 movers: Randgold shines but Centrica, SSE hit by Deutsche note

London's FTSE 100 was down 0. 4% to 6,750. 59 in afternoon trade on Monday even as the pound sank after Theresa May confirmed that this week's parliamentary vote on her Brexit deal will be postponed.

10 Dec
crh sand building construction materials
Sector movers: Brexit machinations and broker notes

As Brexit concerns sent the pound crashing to a 20-month low, companies that make most of their money overseas were enjoying a boost while domestically focused businesses suffered.

10 Dec
London Stock Exchange AIM LSE shares
Director dealings: Midwich managing director ups stake

Midwich Group managing director Stephen Fenby purchased 40,000 ordinary shares in the London-listed specialist AV and document solutions distributor.

10 Dec
crossrail, liverpool street, tunnel
Sadiq Khan confirms new financing agreement for final stages of Crossrail project

The Mayor of London, Greater London Authority and Transport for London on Monday confirmed a financing package from Downing Street that will allow the delivery of the final stages of the Crossrail project.

10 Dec
serco
RBC upgrades 'well placed' Serco

Analysts at RBC Capital Markets upgraded shares in public services outfit Serco to 'sector perform' on Monday, noting that it now saw the risk of short-term disappointment as being "low".

10 Dec
wall street
US open: Mixed start to the week as US-Sino tensions reappear

Stocks opened mixed at the bell on Monday as investors continued to fret about trade relations between the US and China.

10 Dec
lupa
RSA 'largely unaffected' by recent underwriting volatility, says Jefferies

Analysts at Jefferies upgraded RSA Insurane to 'buy' on Monday, noting that its expected 2019 earnings and dividend should to be "largely unaffected" by recent underwriting volatility.

10 Dec
eagle eye piworld video
Investor videos: Park Group, IG Design, Eagle Eye, Creightons, Codemasters

A round-up of videos of recent results presentations for investors and analysts given by management from Park Group, Design Group, Eagle Eye, Creightons and Codemasters.

10 Dec
Taylor Wimpey housing 285
Peel Hunt downgrades housebuilders on Brexit uncertainty

Housebuilders were under the cosh on Monday as Peel Hunt cut its stance on several names in the sector, with Brexit uncertainty a concern.

10 Dec
oilfield
Rig ready to drill at San Leon's Akaso field

Africa-focussed oil and gas development company San Leon Energy updated the market on the mobilisation of a rig to the Akaso field in the OML 18 licence, onshore Nigeria, on Monday.

10 Dec
ep apple logo
Chinese court bars Apple from selling multiple iPhone models on mainland

A Chinese court has barred Apple from selling several of its top-selling handsets in the Asian giant.

10 Dec
computer it computacenter
Minds + Machines making good progress with development of .luxe

Top-level domain registry company Minds + Machines Group updated the market on its first research and development project, . luxe, on Monday.

10 Dec
Hardide posts record sales amid oil & gas recovery

Hardide reported record full-year revenues on Monday as gross profit rose thanks in part to a recovery in the oil and gas sector.

10 Dec
Astrazeneca
E-Therapeutics launches research collaboration with Novo Nordisk

E-Therapeutics announced a research collaboration with Novo Nordisk on Monday, under which the two companies would use e-Therapeutics' proprietary ‘Network-Driven Drug Discovery’ (NDD) platform to look to discover potentially novel biological mechanisms and therapeutic approaches for a specific area of type-2 diabetes.