Market Pulse
RBC Capital pushes back next BoE rate hike call to August 2019
RBC Capital Markets has pushed back its expectations for the next Bank of England rate hike.
Europe open: Stocks open lower on Wall St, Asia sell-off
European shares opened lower on Friday on the back of the continued slump in US and Asian markets overnight.
Europe midday: Xmas cheer in short supply as US fears dampen mood
European shares were lower on Friday as the continued slump in US and Asian markets overnight put a downer on any Christmas cheer investors may have been looking for.
US pre-open: Stocks set for more losses as government shutdown looms
US stocks looked set for more losses at the open on Friday amid worries about a possible government shutdown.
Water Intelligence wins multi-year municipal contract in Sydney
Environmental services and technology group Water Intelligence has announced a multi-year municipal contract win in Sydney, Australia, that is expected to contribute around $1m to 2019 sales.
London midday: No Santa rally as stocks turn lower
London stocks had fallen into the red by midday on Friday, with a Santa rally unlikely to materialise following more losses on Wall Street overnight, amid souring relations between the US and China and the prospect of a US government shutdown.
SSE to sell 50% stake in Enterprise Telecoms for up to £380m
SSE has agreed to sell a 50% stake in its Enterprise Telecoms Business (SSEET) to Infracapital for up to £380m, which will be used to reduce net debt.
Nike affirms importance of partners like JD Sports
Sportswear colossus Nike revealed a strong quarterly performance overnight and gave three "shout outs" to Anglo-US retailer JD Sports as it reaffirmed the importance of its strategics partners.
CLS Holdings to buy multi-let office building in Lille
CLS Holdings has unconditionally exchanged contracts to acquire multi-let office building, Les Reflets, in Lille, France, for €11. 4m plus costs.
Patagonia completes $1.5m sale of PGSA to Metalla
Argentina, Chile and Uruguay-focussed gold and silver company Patagonia Gold announced on Friday that the sale of the COSE Royalty by its wholly-owned subsidiary PGSA to Metalla had now closed.
Takeda to fund Shire purchase with cash, cancels credit deal
Takeda Pharmaceutical Company announced on Friday that it intended to fund the cash consideration due on completion of the proposed acquisition of Shire from its cash resources and other financing sources.
Savannah Petroleum makes positive changes to Seven Energy transaction
Niger and Nigeria-focussed oil and gas company Savannah Petroleum updated the market on amendments to the Seven Energy transaction on Friday, as well as its operations in Niger.
Grainger completes buy-out of GRIP joint venture from APG
Listed residential landlord Grainger has completed the acquisition of the entire share capital and shareholder loans in GRIP REIT from its joint venture partner APG, it announced on Friday.
Centrica challenges regulator's electricity price cap
British Gas owner Centrica is seeking a judicial review to challenge how regulator Ofgem set the electricity price cap.
Kier Group completes disposal of KHSA to Aussie firm Downer
Infrastructure services, buildings and developments company Kier Group has completed the disposal of KHSA to Downer Group, it confirmed on Friday, for total consideration of up to AUD 43. 7m (£25m), subject to an escrow arrangement.
Diageo completes $550m sale of 19 brands to Sazerac
Diageo confirmed the completion of the sale of a portfolio of 19 brands to Sazerac on Friday, as it first announced on 12 November.
Keywords Studios buys Quebec-based Sunny Side Up
Keywords Studios said on Friday that it has agreed to buy Quebec-based Sunny Side Up from its founder Thomas Giroux for CAD5. 9m and that it expects adjusted pre-tax profit for the year to be in line with analysts' expectations.
Plant Health Care expects revenues to be materially below forecasts
Agricultural products provider Plant Health Care expects revenues from its current year to be "materially below" expectations despite an "encouraging" launch of its new Harpin AB protein.
Takeaway.com to buy Delivery Hero's German business in EUR930m deal
Dutch online food delivery company Takeaway. com has agreed to buy the German business of Delivery Hero for around €930m in cash and shares.
Interserve and lenders agree terms for debt-for-equity swap
Interserve has negotiated the main terms of a debt-for-equity swap with its lenders, with a portion of new shares offered to existing and new investors through a public offering.