Market Pulse
US close: Stocks reclaim some of Friday's losses
Wall Street stocks closed higher on Monday as major indices clawed back some of the previous session's losses ahead of tomorrow's Federal Reserve meeting.
NAHB US housing market index rises in March
The National Association of Housebuilders' housing market index increased to 51 in March, up from 48 in February and beating forecasts for a flat month-on-month reading.
Berenberg nudges up target price on Team Internet Group
Analysts at Berenberg slightly raised their target price on global internet business Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
Broker tips: Team Internet Group, Centrica, Beazley
Analysts at Berenberg slightly raised their target price on global internet company Team Internet Group on Monday after the group's full-year results came in "marginally ahead" of numbers provided at the time of its trading update on 29 January.
London close: Stocks slip ahead of central bank decisions
London markets closed with a slight downturn on Monday as investors monitored upcoming rate decisions from a number of central banks.
Director dealings: Vodafone CFO makes share purchase
Vodafone Group revealed on Monday that chief financial officer Luka Mucic had acquired 2. 46m ordinary shares in the FTSE 100-listed telecommunications giant.
RBC Capital hikes target price on Beazley
Analysts at RBC Capital Markets hiked their target price on specialist insurance business Beazley from 775. 0p to 975. 0p on Monday, stating the stock's "re-rating journey starts here".
US open: Stocks higher ahead of FOMC meeting
Wall Street stocks were in the green early on Monday as major indices looked set to claw back a chunk of the previous session's losses ahead of tomorrow's Federal Reserve meeting.
FTSE 100 movers: Phoenix under the cosh; Reckitt recovers
London’s FTSE 100 was down 0. 1% at 7,721. 31 in afternoon trade on Monday.
Faron shares jump on encouraging trial data
Faron Pharmaceuticals announced further encouraging data from the first phase of its ‘BEXMAB’ trial on Monday, targeting higher-risk (HR) myelodysplastic syndrome (MDS) patients who had failed prior hypomethylating agent (HMA) treatment.
TruFin reports major milestone at subsidiary Playstack
TruFin updated the market on its UK-based games publishing subsidiary Playstack on Monday, reporting a significant milestone with its latest release, Balatro, surpassing one million unit sales.
Focusrite warns on FY profits amid 'challenging market conditions'
Audio products business Focusrite warned on Monday that full-year revenue and profits would be lower than consensus estimates as a result of "challenging market conditions" and continued weakness in Asia.
RBC Capital downgrades Centrica
RBC Capital Markets downgraded British Gas owner Centrica on Monday to ‘sector perform’ from ‘outperform’ as it revisited the company’s capex opportunities and assessed where it now stands on future growth options.
US pre-open: Futures higher as investors look ahead to FOMC meeting
Wall Street futures were in the green ahead of the bell on Monday as major indices looked set to claw back a fraction of the previous session's losses ahead of tomorrow's Federal Reserve meeting.
Chariot to review transitional power division
Chariot announced a strategic review of its transitional power division on Monday, in a move aimed at optimising its operations and maximising shareholder value.
Shuka Minerals resolves longstanding dispute with Upendo
Africa-focussed mine developer and operator Shuka Minerals said in an update on Monday that it had resolved a longstanding dispute with Upendo Group concerning its Rukwa coal mining asset.
Thruvision walk-through security system tested at SAN
Walk-through security technology company Thruvision announced the successful completion of operational test and evaluation for its ‘WalkTHRU’ system on Monday.
Phoenix Group to report one-off £70m provision in results - report
Phoenix Group slumped on Monday after The Times suggested it will report a one-off provision of £70m in its annual results on Friday to cover the cost of reducing customer charges.
Corcel reports positive findings from Canegrass lithium project
Battery metals explorer and producer Corcel updated the market on the findings of its initial exploration activities at the Canegrass lithium project in Western Australia on Monday.
London midday: Stocks edge up ahead of rate decisions
London stocks had edged higher by midday on Monday as investors eyed rate decisions this week from the Bank of Japan, the Federal Reserve and the Bank of England.