Market Pulse
US close: Stocks mixed as investors await CPI reading
Wall Street stocks turned in a mixed performance on Monday following a winning week for the Dow.
Broker tips: BAE Systems, IAG
BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to 'neutral' from 'buy'.
Director dealings: Panther Metals chairman ups stake
Panther Metals revealed on Monday that chairman Nicholas O'Reilly had acquired 179,529 ordinary shares in the London-listed mineral exploration company.
London close: Stocks take a breather after last week's surge
London's stock markets ended the day in negative territory on Monday, with investors taking a breather following a six-day winning streak that propelled the FTSE 100 to a new all-time high.
Walgreens contacting potential buyers for Boots - report
Walgreens Boots Alliance is reportedly reaching out to potential buyers of the £7bn ($8. 8bn) Boots chemist chain.
Anglo American rejects second, £34bn takeover offer from BHP
BHP said on Monday that Anglo American has rejected a revised offer from the Australian miner which valued the company at £34bn.
FTSE 100 movers: Diploma rallies on guidance upgrade; BAE hit by downgrade
London’s FTSE 100 was down 0. 2% at 8,421. 35 in afternoon trade on Monday.
US open: Stocks higher following Dow's best week of the year
Wall Street stocks were trading only slightly higher at the opening bell on Monday following a winning week for the Dow.
Treasury reportedly planning significant sale of NatWest stake
The Treasury is finalising plans for a significant sale of its remaining stake in NatWest Group, it was reported on Monday, in a bid to expedite the bank's privatisation and stimulate retail investment in the UK.
Squarespace to go private in $6.9bn deal with Permira
Web design and hosting platform Squarespace announced on Monday that it is to go private in a $6. 9bn all-cash transaction with global private equity firm Permira.
Pilots at easyJet reportedly reject pay offer
Pilots at easyJet could be on strike over the crucial summer holiday period, it emerged on Monday, amid reports their union had rejected a pay offer.
Active Energy in various talks over future of CoalSwitch
Active Energy, a renewable energy company specialising in biomass-based solutions, said in an update on Monday that it had entered discussions with various parties regarding strategic opportunities and the potential sale of its ‘CoalSwitch’ assets.
Golden Metal reports exploration progress at Pilot Mountain
Golden Metal Resources updated the market on exploration activities at its wholly-owned Pilot Mountain Project on Monday, in the prolific Walker Lake Mineral Belt in Nevada.
Aptamer sales pipeline 'strong', more than £3m in advanced discussions
Life sciences business Aptamer said on Monday that its current sales pipeline was "strong", with over £3. 0m in advanced stage discussions.
BofA Merrill Lynch downgrades BAE Systems
BAE Systems was under the cosh on Monday after Bank of America Merrill Lynch downgraded shares of the defence company to ‘neutral’ from ‘buy’.
US pre-open: Futures higher following Dow's best week of 2024
Wall Street futures were trading only slightly higher ahead of the bell on Monday following a winning week for the Dow.
Trufin trades 'significantly ahead' of market expectations
Financing services firm TruFin said on Monday that its full-year trading performance was now expected to be "significantly ahead" of market expectations.
Team Internet pleased with first-quarter performance
Team Internet Group reported organic revenue growth of 8% for the 12 months through March on Monday, with gross revenue increasing 1% to $195. 9m in the first quarter year-on-year, while net revenue rose 4% to $47. 6m, with a gross margin increase from 23. 5% to 24. 3%.
Zoo Digital confident in meeting full-year expectations
Entertainment localisation and media service provider Zoo Digital Group said in an update on Monday that it has renewed its debt facilities with HSBC for an additional 12 months, amounting to $3m.
Hercules Site Services trading as expected in first half
Infrastructure labour supply company Hercules Site Services said in a trading update on Monday that its performance aligned with market expectations for the full year ending 30 September, with projected revenue exceeding £47m for the first half.