Vodafone's dividend is too generous for its operating prospects, said Jefferies, downgrading the mobile operator's shares to 'hold' from 'buy'.
US stocks ended a choppy session mixed on Monday as investors continued to fret about rising interest rates, with the third-quarter earnings season due to kick off later in the week.
RPC Group has obtained an extension from regulators to continue talks with its potential suitors.
Commodities were trading on a mixed note at the start of the week with energy in particular in the spotlight.
Shares on the Continent finished near their worst levels of the session with investor sentiment dented by sharp losses in Chinese shares overnight and another round of selling in Italian government debt.
The flow of economic data is scheduled to be very light on Tuesday, with investors instead expected to focus on the ongoing Brexit talks and a flurry of speeches from top officials at the Bank of England and US Federal Reserve.
London stocks took a drubbing on Monday, amid continued selling on Wall Street on the back of recent gains in government bond yields and heightened concerns around the sustainability of Italy's debt pile and Rome's commitment, or lack thereof, to reining-in its public finances.
The EU is set to table a proposal that would involve checking goods destined for Ireland close to their source, rather than at ports, in a bid to try and avoid a hard border in Ireland and down the Irish sea.
Akers Biosciences appointed Howard Yeaton as chief executive on Monday as the company reached a settlement in its legal dispute with Pulse Health.
Hydrodec’s shares plummeted by 40% on Monday as the company announced its intention to raise £10m to fund its new business plans following a strategic review.
London's FTSE 250 was down 0. 97% at 19,725. 23 in afternoon trade on Monday.
Domestic telecoms, water and electricity companies were sectors on the front foot as the week started, while industrials and oil-associated stocks were in the red.
Fashion retailer French Connection confirmed on Monday that it is considering putting itself up for sale.
US stocks were a little lower in early trade on Monday following sharp losses at the open and then a very brief stint in the green, as investors continued to fret about rising bond yields and the trade conflict with China.
Morgan Stanley does not believe Tullow Oil’s shares reflect recent gains in crude, and has upped its price target for the FTSE 250 producer.
London's FTSE 100 was down 1% to 7,244. 98 in afternoon trade on Monday as worries about rising US bond yields and Italy's budget spat with the EU played on investors' minds.
Concerns about Mediclinic International’s Swiss business have already been priced in, according to Investec, which has upped its recommendation on the FTSE 250 healthcare provider.
Asian shares fell on Monday as China's mainland markets dropped sharply following a week-long holiday during which US treasury bond yields had jumped and Honk Kong-listed Chinese tech firms took a hit from allegations of corporate espionage against US rivals.
Melrose Industries has poached Liam Butterworth from US automotive supplier Delphi Technologies to head up its automotive division.
Analysts' reactions to the outlines of Italy's medium-term budget plans was mixed, although by and large they appeared to be expecting Brussels and Rome to reach some sort of deal.