Market Report
Eli Lilly to expand cancer portfolio with $8bn Loxo Oncology acquisition
Eli Lilly has agreed to buy Loxo Oncology for approximately $8bn (£6. 2bn) in cash, broadening its portfolio of cancer treatments.
Castleton Technology signs £1.3m deal with Connect Housing Association
Software and managed services provider Castleton Technology has been selected as housing technology partner for Connect Housing Association - a provider of more than 3,000 homes across West Yorkshire - it announced on Monday.
Real Estate Investors sees solid growth at end of 2018
Birmingham-based, Midlands-focussed real estate investment trust Real Estate Investors updated the market on its trading as at 31 December on Monday, reporting record portfolio contracted annual rental income of £17. 0m, which was up 5. 0% year-on-year.
Coral Products receives new tote order, working on plastic roof tiles
Designer, manufacturer and supplier of plastic products Coral Products announced on Monday that its Haydock Mouldings division has received a further order of £0. 8m in relation to the supply contract of totes for a customer's UK fulfilment centres.
Asia report: Markets rise as Beijing and Washington begin trade talks
Markets in Asia finished in the green on Monday, with sentiment getting a fresh boost as Washington and Beijing started a new round of trade discussions.
Staffline secures £104.6m of prison education contracts
Recruitment and training group Staffline said on Monday that its PeoplePlus division has secured contracts in the latest round of prison education tenders worth £104. 6m over a four-year period.
Mpac expects profits to meet expectations following strong end to trading year
Packaging solutions firm Mpac anticipates its annual pre-tax profits and sales will come in line with expectations following a strong end to the trading year.
Medaphor losses widen on increased R&D investment
Ultrasound software developer Medaphor warned investors on Monday that losses looked likely to have widened in its last trading year despite improved revenues.
US pre-open: Stocks seen slightly lower ahead of US-China trade talks
US stocks looked set for a mostly lower open on Monday as investors awaited the outcome of the latest round of trade talks between the US and China.
Nektan gaming sales soar on 'significant' rise in unique players
Online gambling and casino operator Nektan saw gaming revenues soar during the second quarter of its trading year as more and more players adopted its business-to-business platform.
Merlin Entertainments to build first Legoland park in Korea
Theme park operator Merlin Entertainments has entered into a partnership agreement with Gangwon provincial government to build a Legoland park in South Korea.
Europe midday: Stocks slip further ahead of trade talks
European stocks had fallen a little further into the red by midday on Monday as investors eyed the latest trade talks between the US and China.
London midday: Stocks drop ahead of US-China talks but retailers buck trend
London stocks had fallen into the red by midday on Monday, with tobacco shares dragged lower by a broker downgrade, but retailer Dunelm sharply higher after a well-received trading update.
Bowleven shares surge as it announces £50m special dividend
Africa-focused oil and gas company Bowleven has announced a £50m special dividend.
Aldi reports almost £1bn in Christmas sales as Morrisons slashes prices
Customer demand for the finer things boosted Aldi’s sales in the UK over Christmas, with the grocer reporting almost £1bn in sales for December, which it put down to demand for its premium lines.
MJ Gleeson sees half-year 'significantly ahead' amid strong demand
Low-cost housebuilder MJ Gleeson said on Monday that half-year results will be "significantly" ahead of the previous half, while results for the year will be at least in line with expectations amid strong demand.
Europe open: Stocks slip ahead of Sino-US trade talks
European stocks were in the red in early trade on Monday, unable to hold on to opening gains as investors eyed the latest trade talks between the US and China.
Integumen revenues soar as Labskin sales take off
Integumen saw revenues more than triple in its last trading year following a major restructuring project over at its Innovenn subsidiary.
Household debt hits record high on austerity and wage stagnation
Household debt hit a new peak last year as government austerity and wage stagnation took their toll, according to new analysis by the TUC.
Impax assets under management slip in first quarter
Impax Asset Management Group updated the market on the development of its assets under discretionary and advisory management for its first quarter on Monday, reporting that as at 31 December, its AuM totalled £11. 6bn.