Market Pulse
US close: Stocks mixed as traders await inflation data, Q1 earnings
Wall Street stocks were little changed at the close of trading on Monday as major indices stalled ahead of key inflation data and first-quarter corporate earnings later in the week.
Broker tips: Wood Group, IWG
Wood Group is "on the right track" with its turnaround, according to Berenberg but the broker still cut its target price for shares of the energy and materials engineering and consulting business following the group's recent results.
London close: Stocks rise at start of busy week
London markets closed with gains on Monday as investors exercised caution ahead of key events later in the week.
Director dealings: Primary Health Properties CEO makes share purchase
Primary Health Properties revealed on Monday that chief executive officer Harry Hyman had acquired 74,890 ordinary shares in the FTSE 250-listed real estate investment trust.
Ducommun gets $60 a share takeover offer from Albion River
US aerospace and defence supplier Ducommun said on Monday that it had received an unsolicited non-binding indication of takeover interest from private direct investment firm Albion River at $60. 00 per share in cash.
FTSE 100 movers: Entain rallies; retailers in the red
London’s FTSE 100 was up 0. 3% at 7,933. 38 in afternoon trade on Monday.
US open: Stocks higher as investors await inflation data, Q1 earnings
Wall Street stocks were in the green early on Monday as stocks look to reclaim some of last week's losses ahead of key inflation data and first-quarter corporate earnings later in the week.
Ted Baker to close 15 stores, axe 245 jobs
Ted Baker is set to close 15 stores and axe around 245 jobs, it emerged on Monday.
TSMC strikes $11.6bn deal with White House to expand AZ plans
TSMC, the world's largest chipmaker, has struck an $11. 6bn deal with the United States to bolster president Joe Biden's ambitions in AI chip development, it was revealed on Monday.
Bango reports some strong growth in 2023
Bango reported substantial growth across a number of financial indicators in its final 2023 results on Monday, with transactional revenue surging 79% year-on-year to $32. 7m.
Caledonia Mining appoints new operations chief
Caledonia Mining announced the appointment of James Mufara as its chief operating officer on Monday, effective 1 May.
Audioboom hires two sales execs as ad inventory reaches record high
Podcast producer and distributor Audioboom said in an update on Monday that it had bolstered its revenue operations with the recruitment of two seasoned sales executives, as it reached a record high for advertising inventory.
Aptamer applies for patent over binder sequences developed with Unilever
Aptamer Group announced the submission of a patent application safeguarding newly-crafted Optimer binder sequences on Monday.
US pre-open: Futures lower as traders look ahead to inflation data
Wall Street futures were in the red ahead of the bell on Monday as 2024's solid start to the year came to a halt last week.
London midday: Stocks muted ahead of busy week
London stocks were still just a touch higher by midday on Monday, with investors cautious at the start of a week that includes the latest policy announcement from the European Central Bank and the kick-off of US earnings season.
International Paper closing in on £5bn-plus deal for DS Smith - report
US paper giant International Paper is reportedly closing in on a formal £5bn-plus bid for London-listed packaging group DS Smith.
Bradda Head upbeat on sample results from San Domingo
Bradda Head Lithium released results from surface channel samples conducted at the San Domingo Project in central Arizona on Monday.
Intercede experiences 'strong momentum' in FY24
Cybersecurity firm Intercede said on Monday that it had experienced "strong momentum" in the year ended 31 March.
Mirriad Advertising rallies on new partnership with TripleLift
Mirriad Advertising shot higher on Monday as it announced a strategic agreement with US ad tech company TripleLift, which it said was "key to accelerating programmatic sales in the US and beyond".
Bens Creek inks coal sale deal amid cash flow strains
Metallurgical coal miner Bens Creek Group announced an agreement with its largest shareholder Avani Resources on Monday, for the purchase of 20,000 tons of off-spec coal.