Market Report
Dart Group flies higher as it says profit will exceed expectations
Shares in Dart Group flew higher on Monday after the Jet2holidays parent said underlying pre-tax profit for the year to the end of March 2018 is expected to be "materially ahead" of current market views as prices return to normal following heavy discounting over the past year.
EnQuest expects significant production growth in 2018
Oil and gas development and production company EnQuest told investors on Monday to expect material production growth in 2018 as its Kraken project in the North Sea continued to return improved results.
N Brown appoints Tesco UK & Ireland boss Matt Davies as chairman
Retailer N Brown has appointed Matt Davies - currently the head of UK and Ireland for Tesco - as its new chairman, succeeding Andrew Higginson.
Fidessa sees 'solid growth' as firms look towards new tech
Trading and investment management software and services provider Fidessa reported solid growth it its transforming markets in its final results on Monday, with revenue rising 7% to £353. 9m.
Europe open: Shares tread water after Asia markets close higher
European shares were treading water at the opening on Monday, following Wall Street's positive end to Friday and a continuing strong run in Asia.
London open: Stocks nudge lower ahead of busy week
London stocks were a touch weaker in early trade on Monday despite positive opening calls, as investors sifted through earnings and looked ahead to a busier rest of the week.
AstraZeneca's Imfinzi clears another FDA hurdle
AstraZeneca and MedImmune, its global biologics research and development arm, announced on Monday that the US Food and Drug Administration has approved Imfinzi for the treatment of patients with unresectable Stage III non-small cell lung cancer (NSCLC) whose disease has not progressed following concurrent platinum-based chemotherapy and radiation therapy (CRT).
London pre-open: Stocks seen firmer on positive Asian cues
London stocks were set for a firmer open on Monday, taking their cue from a positive session in Asia.
Monday newspaper round-up: House prices, Arcadia, Carillion, Brexit
The average price of a UK property coming on to the market has risen by more than £2,400 in a month to just over £300,000 amid evidence of “record” levels of house-hunting activity, according to Rightmove. The website, which tracks 90% of the UK property market, said the national average asking price for a home had increased by 0. 8% during the past month, following the 0. 7% rise it reported in mid-January. – Guardian.