Latest News
Daily Mail publisher under pressure to up bid for DMGT
The publisher of the Daily Mail has come under pressure to increase its £850m bid to take the company private as investors called the offer “opportunistic”.
Berenberg upgrades Admiral, downgrades Direct Line
Analysts at Berenberg changed up their positions on Direct Line and Admiral Group on Monday after taking a fresh look at both insurers.
US close: Stocks flat as investors await retail sales data, earnings
Stocks ended the session much the same as they started them on Monday as Wall Street failed to bounce back from a losing week.
London close: Stocks little changed; inflation in focus
London stocks ended the day little changed on Monday amid worries about inflation and rising Covid cases in Europe, as investors mulled the latest comments from Bank of England governor Andrew Bailey.
BoE's Bailey 'very uneasy' over rising inflation
Bank of England governor Andrew Bailey said on Monday that he was "very uneasy" about the outlook for inflation.
Europe close: Shares shrug off lockdown worries to hit fresh highs
European shares closed at record highs on Monday, despite the prospect of new lockdown fears across the Continent.
Broker tips: Direct Line, Admiral, EasyJet, Kainos, B&M European Value Retail
Analysts at Berenberg changed up their positions on Direct Line and Admiral Group on Monday after taking a fresh look at both insurers.
Europe midday: Shares hit record highs as Avast surges
European shares hit fresh records at midday on Monday, despite worries over new Covid lockdowns in Austria.
Director dealings: Card Factory director makes share purchase
Card Factory revealed on Monday that non-executive director Nathan Lane had acquired 200,000 ordinary shares in the London-listed card and gift retailer.
Airbus wins freighter order with Air Lease Corp
Airbus on Monday said it had won a provisional debut order for seven A350 freighter jets from leasing company Air Lease Corp as it looked to cash in on the surging cargo market.
FTSE 250 movers: CMC Markets rallies; Kainos slumps
London’s FTSE 250 was up 0. 3% at 23,616. 87 in afternoon trade on Monday.
FTSE 100 movers: B&M hit by downgrades; Avast surges
London’s FTSE 100 was down 0. 2% at 7,335. 73 in afternoon trade on Monday.
US open: Stocks mixed following losing week
Major indices were mixed early on Monday as the Street attempts to bounce back from a losing week following a steep increase in last month's consumer price index.
Business activity in New York grows strongly in November survey
Business activity grew strongly across New York, according to the latest Empire State manufacturing survey, with the headline index climbing double digits.
Eastern leg of HS2 rail link to be scrapped - reports
The government is reportedly poised to scrap the proposed eastern leg of the High Speed 2 rail link between the Midlands and Leeds.
Goldman, RBC Capital downgrade B&M European Value
B&M European Value Retail was under the cosh on Monday after downgrades by both Goldman Sachs and RBC Capital Markets.
McLaren looks to quash takeover rumours
McLaren Group has dismissed reports that it is to being sold to Audi, part of Germany's Volkswagen Group.
Casper Sleep to be taken private by Durational; shares surge
Casper Sleep has agreed to be bought by private equity firm Durational Capital Management, sending shares in the company surging.
American Tower to acquire CoreSite in $10.1bn deal
American Tower and CoreSite Realty Corporation revealed on Monday that the pair has entered into a definitive agreement that will see the former acquire the latter in a $170. 00 per share cash deal.
Retail footfall rises as Christmas lights are switched on
Footfall at UK retail destinations rose last week as city centre Christmas lights were switched on, according to data released on Monday by retail analyst Springboard.
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