Market Pulse
US close: Dow Jones reverses Friday's losses
Wall Street stocks were in the green at the close of trading on Monday as market participants prepared for a week jam-packed with Q3 earnings.
Broker tips: Trainline, Softcat
Shore Capital has reiterated its 'buy' rating for Trainline after the bookings platform upgraded its full-year guidance on Monday, predicting significant upside for the stock from current levels.
Berenberg reiterates 'hold' rating on Softcat following FY earnings
Berenberg reiterated their 'hold' rating and 1,600. 0p target price on software firm Softcat on Monday, stating the group's "impressive performance" had continued.
Director dealings: 80 Mile director raises stake
80 Mile revealed on Monday that non-executive director Roderick McIlree had acquired 8. 0m ordinary shares in the AIM-listed exploration and development company.
London close: Stocks close higher as investors look to Budget
London stocks had swung back into positive territory by the close on Monday, as investors prepared for a number of upcoming corporate earnings reports and the Autumn Budget.
Melrose Industries updates on RRSPs, shares surge
Melrose Industries surged on Monday after it released a document explaining the accounting around its 19 Risk and Revenue Sharing Partnerships (RRSPs) and said the portfolio was "well positioned" to generate significant returns for investors in the coming decades.
US open: Stocks sharply higher as investors await Q3 earnings
Wall Street stocks were in the green early on Monday as market participants prepared for a week jam-packed with Q3 earnings.
React Group acquires Aquaflow Services
React Group, a specialist in cleaning and soft facilities management services, announced the acquisition of 24hr Aquaflow Services, a drainage and plumbing services provider based in London and the South East, on Monday.
FTSE 100 movers: Melrose surges; oil giants gush lower
London’s FTSE 100 was up 0. 4% at 8,284. 36 in afternoon trade on Monday.
Volkswagen to shutter three factories, lay off thousands of staff
German automotive giant Volkswagen will close the doors on at least three factories as it looks to potentially lay off tens of thousands of employees.
Metals Exploration gets approval to start drilling at Abra
Metals Exploration, a gold producer operating in the Philippines, announced on Monday that it has received final approval from authorities to start exploration drilling activities at its Abra tenements through its subsidiary Yamang Mineral Corporation (YMC).
Roadside Real Estate JV agrees acquisition of 12 Lidl stores
Roadside Real Estate announced on Monday that its joint venture with Meadow Real Estate Fund VI, Roadside Retail, has signed an agreement to acquire 12 stores from Lidl Great Britain for £70m.
Lexington appoints firm for maiden exploration target at Bothaville
South Africa and US-focussed precious metals explorer and developer Lexington Gold announced on Monday that it has appointed Dunrose Trading 186, trading as Shango Solutions, to establish a maiden JORC 2012 exploration target for its Bothaville Project in South Africa’s Free State Province.
Boeing launches $19bn share sale to bolster finances
Boeing said on Monday that it had launched a $19bn share sale as it looks to bolster its finances.
US pre-open: Futures higher ahead of earnings
Wall Street futures were in the green ahead of the bell on Monday as market participants prepared for a week jam-packed with Q3 earnings.
London midday: Stocks fall as oil giants slump, ahead of busy week
London stocks had fallen into the red by midday on Monday, with energy issues under the cosh, as investors eyed key earnings releases this week and the Autumn Budget.
Cyanconnode receives $1m follow-on order
Narrowband radio frequency mesh networks business Cyanconnode said on Monday that it has received a follow-on order with a value in excess of $1. 0m for cellular gateways in the Middle East and North Africa region.
Tertiary Minerals announces copper, zinc discoveries at Mushima North
Tertiary Minerals announced the discovery of copper and zinc mineralisation at its Mushima North Copper Project in Zambia on Monday, after a recent drilling campaign.
Belluscura group revenues continue to grow YTD
Medical device developer Belluscura said on Monday that group revenue had continued to in the nine months ended 26 September.
Lords Group acquires majority stake in Ultimate Renewables
Building materials distributor Lords Group said on Monday that it has acquired a majority stake in Bicester-based business Ultimate Renewables.