MARKET PULSE - EUROPE
27 Mar
Bonds: Treasuries start week on a strong note, Bunds underperform
cbfed9292

These were the movements in the most closely-followed 10-year sovereign bond yields: US: 2. 37% (-4bp)UK: 1. 17% (-3bp)Germany: 0. 42% (-0bp)France: 0. 97% (-1bp)Spain: 2. 20% (-3bp)Italy: 2. 20% (-3bp)Portugal: 4. 08% (-6bp)Greece: 7. 26% (-15bp) Japan: 0. 06% (-1bp).

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27 Mar
Europe close: Stocks end lower, but off worst levels
aleman, germany, alemania

Europe' main indices traded lower on Monday as doubts over US president Donald Trump’s agenda crept in, sending the euro higher, despite an upbeat reading on German business confidence and positive news on the political front in the Eurozone's largest nation.

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27 Mar
Directors dealings: Babcock chief, chairman buy on weakness
nuclear, babcock

Babcock's boss and chairman both picked up shares in the company they lead at the start of the week.

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27 Mar
Monday broker round-up
oil, tullow, afren

Tullow Oil: Goldman Sachs upgrades to Neutral with a target price of 200. 6p.

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27 Mar
FTSE 100 movers: Randgold, Fresnillo shine; Babcock slumps
London Stock Exchange AIM LSE shares

London's FTSE 100 was down 1% to 7,260. 60 in afternoon trade, while the pound rallied against the dollar amid doubts about Donald Trump's ability to deliver on his fiscal stimulus pledges.

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27 Mar
IMImobile to buy multi-channel messaging app provider Infracast
cash money sterling pay deal offer acquisition m&a

IMImobile has agreed to buy multi-channel messaging applications provider Infracast for an initial consideration of £8. 2m in cash and shares.

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27 Mar
Greggs exec director Reynolds to resign at AGM
Greggs bakery, food

Greggs said on Monday that Raymond Reynolds, executive director, retail, will not stand for re-election at the annual general meeting in May.

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27 Mar
London midday: Stocks fall as pound rallies amid Trump policy doubts
London Stock Exchange AIM LSE shares

Stocks in London were weaker by midday on Monday as the pound rallied against the dollar amid growing doubts about Donald Trump's ability to deliver on his fiscal stimulus promises after Republican leaders withdrew his healthcare bill due to a lack of support.

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27 Mar
Cobham being probed by FCA
cobham, aerospace, plane, refuel, jet, airforce

FTSE 250 aerospace and defence group Cobham has been referred to the Financial Conduct Authority's enforcement division for investigation in connection with its handling of inside information prior to its trading update and announcement of a rights issue on 26 April 2016.

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27 Mar
Schlumberger and Weatherford create North American JV
oilfield

Oil services companies Schlumberger and Weatherford announced an agreement on Monday to create OneStim - a joint venture to deliver completions products and services for the development of unconventional resource plays in the United States and Canada land markets.

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27 Mar
Berendsen hit by RBC Capital downgrade
Berendsen, washroom services

Commercial laundry group Berendsen was under the cosh as RBC Capital Markets cut the stock to 'underperform' versus 'outperform' and slashed the price target to 660p from 950p saying the risk profile has significantly increased.

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27 Mar
BofA Merrill Lynch upgrades Ryanair, downgrades IAG
ep avionesryanair 20170217102902

Bank of America Merrill Lynch upgraded Ryanair to 'neutral' from 'underperform' and lifted the price target to €15. 30 from €12. 50 as it took a look at the airlines sector.

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27 Mar
German business confidence at highest since 2011
aleman, germany, alemania

German business confidence unexpectedly improved in March, according to a widely-followed survey.

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27 Mar
Europe open: Stocks down as euro gains, oil slips
0cb796

Stocks began the morning lower amid dour sentiment after the White House pulled its proposed bill on healthcare reform last Friday, raising concerns that other legislative initiatives on tax reform and infrastructure investment might encounter similar resistance.

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27 Mar
South32 announces $500m share buyback
mining truck, commodities, minerals, iron ore

Mining and metals company South32 has announced plans to return an additional $500m to shareholders, or around 4. 5% of its current market capitalisation.

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27 Mar
London open: Stocks drop after Trump's healthcare defeat
London Stock Exchange AIM LSE shares

Equity markets in London fell in early trade amid growing doubts about Donald Trump's ability to deliver on his plans for tax cuts and infrastructure spending after Republican leaders withdrew his healthcare bill at the end of last week due to a lack of support.

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27 Mar
European Wealth enters into 12-month loan facility
Finance, graph

European Wealth has entered into a £720,000 12-month loan facility at an interest rate of 10%.

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27 Mar
Elektron Technology completes sale of Digitron
cash money sterling pay deal offer acquisition m&a

AIM-listed Elektron Technology has completed the sale of the business and assets of Digitron to The British Rototherm Company for a total gross consideration of £300,000 in cash payable on completion, which will be used for working capital purposes.

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27 Mar
London pre-open: Stocks seen weaker on Trump healthcare fail, Brexit
London Stock Exchange AIM LSE shares

London stocks were set for a weaker open on Monday following a downbeat session in Asia, after Republican leaders withdrew Donald Trump's healthcare bill at the end of last week due to a lack of support.

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24 Mar
Week ahead: Stage set for Parliament to approve Brexit
London

Great Britain will formally announce its decision to exit the European Union this week, on Wednesday, kick-starting two years of negotiations with the bloc.

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