Market Pulse
SIG unveils refinancing plans
SIG unveiled plans to refinance its existing debt on Monday, with a proposed offering of €300m senior secured notes due in 2029.
US close: Dow closes above 43,000 points for the first time
Major indices closed higher on Monday as market participants braced for a week packed with key Q3 corporate earnings.
Broker tips: Wizz Air, JD Sports, Bunzl
Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.
London close: Stocks higher ahead of UK jobs, inflation data
London stocks finished higher on Monday, reversing earlier losses driven by disappointment over China’s weekend stimulus announcement.
Director dealings: Volution CEO lowers stake
Volution revealed on Monday that chief executive Ronnie George and his wife Lynsey had disposed of 2. 3m ordinary shares in the ventilation equipment manufacturer.
FTSE 100 movers: Utilities gain; Ladbrokes owner Entain slides
London’s FTSE 100 was up 0. 3% at 8,279. 66 in afternoon trade on Monday.
US open: Stocks mostly higher as investors await Q3 earnings
Major indices were mostly higher early on Monday as market participants braced for a week packed with key Q3 corporate earnings.
Good Energy's Zapmap partners with Centrica's Hive
Good Energy Group announced a strategic partnership between its EV charging app subsidiary Zapmap and Hive, the eco-tech subsidiary of Centrica, on Monday.
Lundbeck to buy Longboard Pharmaceuticals in $2.6bn deal
Danish pharmaceutical group Lundbeck said on Monday that it has agreed to buy Longboard Pharmaceuticals in a $2. 6bn deal.
Greatland Gold progresses Havieron and Telfer acquisitions
Greatland Gold updated the market on its acquisition of a 70% interest in the Havieron gold-copper project and 100% ownership of the Telfer gold-copper mine from Newmont Corporation on Monday.
InPost in advanced talks to buy remaining 70% of Menzies - report
Logistics firm InPost is reportedly closing in on a deal to take full ownership of Menzies Distribution Group.
Contractor dies at Griffin's Caijiaying Mine
Griffin Mining announced the death of an employee of a mining contractor at its Caijiaying Mine on Monday.
BP Marsh invests in new London-based MGA
BP Marsh announced a new investment in London-based managing general agency (MGA) Volt on Monday, which specialises in energy insurance.
US pre-open: Futures mixed as traders await Q3 earnings
Wall Street futures were mixed ahead of the bell on Monday as market participants braced for another batch of key Q3 corporate earnings.
Elixirr secures £45m facility with NatWest
Global consultancy firm Elixirr International announced on Monday that it has secured a £45m revolving credit facility from NatWest to support its growth strategy, including mergers and acquisitions, while limiting equity dilution.
London midday: FTSE stays down as gambling stocks tumble
London stocks were still a touch weaker by midday on Monday as China’s stimulus update over the weekend left investors feeling disappointed, and with gambling shares under the cosh amid reports of a potential £3bn tax raid on the sector.
TI Fluid 'minded to recommend' 200p-a-share takeover offer from ABC Technologies
TI Fluid Systems said on Monday that it would be "minded to recommend" an improved takeover proposal from ABC Technologies at 200p a share, should a firm offer be made.
Citi places Wizz Air on 'negative catalyst watch'
Analysts at Citi placed budget carrier Wizz Air on 'negative catalyst watch' on Monday, stating it now sees downside risk to the group's FY25 guidance.
Thruvision H1 sales seen missing guidance, CEO to depart
Security technology firm Thruvision warned on Monday that H1 sales would fall short of guidance and revealed that chief executive Colin Evans would be leaving the group in order to "further his non-executive directorship portfolio".
Coral Products swings to FY loss
Plastic products manufacturer Coral Products warned on Monday that it would be lossmaking in FY25 as a result of a reduction in both revenues and gross margins.