Market Pulse
Broker tips: Natwest, Drax, M&S, Currys
Analysts at Berenberg hiked their target price on banking group Natwest from 350. 0p to 415. 0p on Monday following the group's "comprehensively strong" Q2 results last week.
London close: Stocks finish mixed at start of busy week
London stocks closed with mixed results on Monday, reflecting a cautious market sentiment ahead of a busy week of earnings reports and crucial policy announcements from major central banks on both sides of the Atlantic.
Director dealings: Seeen CEO raises stake
Seeen revealed on Monday that chief executive officer Adrian Hargrave had acquired 80,645 ordinary shares in the AIM-listed media and technology platform group.
FTSE 100 movers: AstraZeneca in the black; Reckitt tumbles
London’s FTSE 100 was up 0. 3% at 8,309. 79 in afternoon trade on Monday.
US open: Stocks higher as traders look ahead to tech earnings
Wall Street stocks were in the green early on Monday as investors braced for a week full of big-name tech earnings.
Sixth Street to buy insurer Enstar in $5.1bn deal
Global insurance group Enstar said on Monday that it has agreed to be bought by investment firm Sixth Street in a $5. 1bn deal.
McDonald's Q2 results fall short of expectations
Fast-food giant McDonald's posted quarterly revenue and earnings that fell short of expectations on Monday as customers continued to refrain from dining out in the three months ended 30 June.
Outspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares
The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1. 36m shares in the pub chain at the end of last week, it emerged on Monday.
Evri planning to add 9,000 jobs under new ownership
Parcel delivery firm Evri announced plans to hire 9,000 new workers on Monday, in response to surging online shopping demand.
Philips surges after Q2 results
Philips surged on Monday as its second-quarter results beat analysts’ expectations, driven mainly by growth in North America, and the Dutch medical device maker reiterated its outlook for the year.
US pre-open: Futures higher ahead of busy week for tech earnings
Wall Street futures were in the green ahead of the bell on Monday as investors braced for a week full of big-name tech earnings.
London midday: Stocks stay up but Reckitt tanks on litigation concerns
London stocks were still in the black by midday on Monday as investors eyed a week jam-packed with earnings releases and the latest policy announcements from the Federal Reserve and the Bank of England.
Me group signs new partnership with forecourt operator MFG
ME Group International said on Monday that it has signed a new partnership agreement with forecourt operator Motor Fuel Group, which will see it install and operate up to 300 Wash. ME Revolution laundry machines across MFG's UK sites over the next five years.
Ixico reports progress in Huntington's disease imaging consortium
Medical imaging analytics specialist Ixico reported significant progress in its Huntington's disease imaging harmonisation (HD-IH) consortium on Monday.
Kretinsky and UK business secretary hold 'constructive' talks on Royal Mail takeover
Czech billionaire Daniel Kretinsky held "constructive" talks with UK business secretary Jonathan Reynolds last Tuesday regarding his proposed takeover of Royal Mail parent company International Distribution Services.
Concurrent Technologies launches new plug-in card
Concurrent Technologies announced the launch of its new compute-intensive plug-in card (PIC) on Monday - the TR MDx/6sd-RCR.
Quartix Technologies reports 10pc rise in first-half revenue
Vehicle tracking systems specialist Quartix Technologies reported a 10% improvement in first-half group revenue on Monday, to £16. 1m, up from £14. 6m in the same period last year.
SkinBioTherapeutics reports better-than-expected full-year trading
Skin health-focussed life science company SkinBioTherapeutics reported better-than-expected trading results for the 12 months ended 30 June on Monday, boosted by the acquisition of Dermatonics and the continued growth of its AxisBiotix-Ps product.
Alliance Pharma flags solid rise in first-half revenue
Alliance Pharma said in a half-year trading update on Monday that its revenue rose to £84. 8m, a 2. 8% increase year-on-year, and a 5% increase at constant exchange rates.
Berenberg hikes target price on Natwest
Analysts at Berenberg hiked their target price on banking group Natwest from 350. 0p to 415. 0p on Monday following the group's "comprehensively strong" Q2 results last week.