London stocks finished in a mixed state on Monday, although the top-flight index did manage to break into the green in late trading, as the battle for inhaler maker Vectura intensified.
Stocks on Wall Street looked set for a muted open on Monday following records highs at the end of last week on the back of a well-received payrolls report.
Stocks on Wall Street were trading mixed in the early going as investors continued to digest the stronger-than-expected monthly jobs report published the previous Friday.
It will be a relatively light day on the economic side of things on Tuesday.
European stocks were off to a subdued start to the week on Monday as investors mulled the latest trade figures out of China and Germany.
The Australian infrastructure investor Macquarie has taken a majority stake in Southern Water for more than £1bn, a month after the troubled UK utility was slammed with a £90m record fine for illegally pumping billions of litres sewage into rivers and coastal waters.
Spectrometry instrument developer Microsaic Systems has signed non-binding heads of terms with a manufacturing partner, it announced on Monday, to support its heads of terms with a China distributor announced on 4 May, for its micro-engineered mass spectrometry (MS) technology.
Berenberg sounded an upbeat note on TT Electronics, pointing to solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.
Treatt's finance director sold some shares as they traded within throwing distance of their record highs.
Vodafone has become the latest UK mobile operator to u-turn on a post-Brexit pledge not to reintroduce hefty roaming fees for customers travelling in the European Union.
Deliveroo shares surged on Monday after rival Delivery Hero took a 5. 09% stake in the company.
Hargreaves Lansdown shares tumbled on Monday after the investment platform posted a rise in full-year net new business inflows and assets under administration as demand for its services grew, but warned the pandemic boost to stock trading wouldn't last.
The number of job vacancies in the US hit a record high in June, underscoring firms' difficulty in trying to find enough new hands to hire.
London’s FTSE 250 was 0. 1% firmer at 23,486. 86 in afternoon trade on Monday.
Self storage operator Lok'nStore said in an update on Monday that trading throughout its financial year just ended was “excellent”, with self-storage revenue up 20. 9% year-on-year.
London’s FTSE 100 was flat at 7,121. 55 in afternoon trade on Monday.
Britain’s Serious Fraud Office (SFO) has launched an investigation into entrepreneur Gavin Woodhouse over suspected fraud and money laundering relating to care homes and hotels.
Berenberg sounded an upbeat note on TT Electronics, pointing to its solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.
The Competition and Markets Authority said on Monday that discount voucher company Groupon could face court action if it does not improve the way it treats customers.
Analysts at JP Morgan reiterated their 'overweight' stance for shares of Beazley and Hiscox, telling clients that the outlook for all three Lloyd's insurers, which also includes Lancashire Holdings, was better than previously guided towards.
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