Card Factory lifted its full-year outlook again on Monday, as it delayed the release of its results.
European stocks drifted lower ahead of a raft of key earnings announcements on both sides of the Atlantic scheduled for over the next few days.
Investors' attention on Tuesday would be on the US housing sector.
Equity strategists at J. P. Morgan recommended that clients use any strength in equities in the wake of the first quarter results season to reduce positions.
Miners capped gains on the stock market at the start of the week.
Jefferies downgraded payments firm Network International to 'hold' from 'buy' on Monday and lifted its price target to 400. 0p from 360. 0p as it said that a second non-binding bid by private equity makes a take private more likely.
London markets closed almost unchanged on Monday, with stocks finishing just below the waterline.
Activist investor Trillium Capital has offered to buy Getty Images in a $3. 95bn deal.
London’s FTSE 100 was flat at 7,916. 98 in afternoon trade on Monday.
Wall Street stocks were mostly lower early on Monday as traders braced for another earnings-heavy week.
FTSE 250: 19,280. 65, +10. 64 (0. 06%).
Walt Disney Co is reportedly set to start a second wave of layoffs on Monday as part of its plan to slash 7,000 jobs to save $5. 5bn.
Citi has resumed coverage of Melrose Industries with a ‘buy’ rating, in a note published on Monday.
Analysts at Deutsche Bank raised their target price on insurance firm Prudential from 1,460. 0p to 1,550. 0p on Monday, stating the stock's current price did not reflect a number of key points.
Famous fizzy-drinks maker Coca-Cola Co beat first-quarter profit and revenue forecasts driven by high demand and price rises.
Folding bike maker Brompton Bicycle is reportedly in talks to sell a £20m stake months after disclosing a sharp fall in profits.
Restaurant operator Prezzo will shutter 46 loss-making locations as the group continues to battle rising energy and food costs.
Banknote authentication and security specialist Spectra Systems announced on Monday that its chief financial officer Colleen Hamill had resigned.
Smoove confirmed it was in takeover discussions on Monday, sending shares in the property portal soaring.
London stocks were flat by midday on Monday, with investors cautious ahead of big US tech results and UK earnings later in the week.
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