Market Pulse
US close: Stocks mixed as investors look towards FOMC
Wall Street finished mixed on Monday as worries about North Korea receded with investors looking ahead to the latest policy announcement from the Federal Reserve on Wednesday.
Brexit to be inflationary, BoE's Carney says
Brexit will be inflationary in the short-term, the head of the Bank of England said as he reiterated the Monetary Policy Committee's recently adopted stance that some withdrawal of accommodation is likely to be appropriate over the coming months.
Stride agrees final earn-out from 8ball acquisition
Online gaming operator Stride Gaming announced on Monday that it has agreed the final earn-out consideration payable in respect of its August 2016 acquisition of 8ball Games.
FTSE 250 movers: Esure pops higher on stake sale talk, Petra loses its shine
London's FTSE 250 was up 0. 3% to 19,435. 02 in afternoon trade on Monday.
Hydrodec patent application success in US
Clean-technology industrial oil re-refining firm Hydrodec Group announced on Monday that it has been successful in its application for a new patent in respect of its transformer oil re-refining process.
Xeros signs development agreement with 'leading' washing machine maker
Polymer-based technologies developer Xeros Technology Group has signed its first ‘Symphony Project’ development agreement with a “leading manufacturer” of commercial washing machines, it announced on Monday.
Yet another quarter of growth for Domino's Polish operator
Domino’s Pizza master franchise holder for Poland, DP Poland, posted its first half results to 30 June on Monday, confirming that there were now 48 stores open across 19 cities in the country at year-end - 13 of them opened in the 2017 calendar year.
FTSE 100 movers: BAE Systems boosted by order news, Admiral gains on upgrade
London's FTSE 100 was up 0. 4% to 7,245. 25 in afternoon trade on Monday.
Uber, Addison Lee to be hit by new TfL fees
The cost for large private hire operators is set to skyrocket in the capital, as Transport for London confirmed major changes to the way it charges licensing fees for private hire operators on Monday.
Tuesday preview: Updates from Ocado, Keywords and French Connection
In the absence of any major UK items in the diary, Tuesday may be given over more to small and mid cap company news, with only Ocado joined by Keywords Studios and French Connection in updating investors.
Northrop Grumman to buy Orbital ATK for $7.8bn
US security company Northrop Grumman has agreed to buy aerospace and defence technologies group Orbital ATK for around $7. 8bn in cash plus the assumption of $1. 4bn in net debt.
US open: Stocks edge higher ahead of Fed
Wall Street was edging slightly higher as worries about North Korea receded with investors looking ahead to the latest policy announcement from the Federal Reserve on Wednesday.
Teva Pharmaceutical sells women's health business for $1.38bn
Teva Pharmaceutical has entered into two agreements to sell the remaining assets of its specialty global women's health business for $1. 38bn.
CMA fines estate agent 'cartel' over price fixing scandal
In 2017, the Competition and Market's Authority (CMA) found that a group of estate agents in Somerset had agreed to fix minimum commission rates for the sale of residential properties, meaning that local homeowners were blocked from getting the best possible deal when selling their properties.
Dalata acquires 333 suites at Clarion Hotel in Dublin
Dalata Hotel Group announced on Monday that it has entered into an agreement with Martin Ferris as receiver, to acquire the long leasehold interest of 33 suites in the Clarion Hotel Liffey Valley, Dublin, for a consideration of €8. 58m.
Mercia Technologies making 'good overall progress'
National investment group Mercia Technologies updated the market on Monday as its investors gathered for the annual general meeting, reporting that its direct investment portfolio had continued to make “good overall progress" since year-end on 31 March.
Rotork's margin plans deserve higher rating, UBS says as it upgrades
Rotork's plans to improve profit margins can spark a return to a premium rating, said UBS as it upgraded the industrial valves specialist and hiked its share price target.
Escape Hunt posts interim loss, is pleased with progress
Escape game company Escape Hunt posted a pre-tax loss of £1. 1m for its first half on Monday, which was in line with its expectations and included transaction costs of £0. 9m.
Europe midday: Stocks little changed ahead of Fed, BoJ
Stocks were little changed come midday, with investors opting to keep their powder dry ahead of the policy meetings at the US Federal Reserve and Bank of Japan later in the week.
Primorus Investments puts cash into 3D tech developer Stream TV
Primorus Investments announced a $0. 2m equity investment in Stream TV Networks on Monday, on a fully-diluted valuation of $336m.