sharecast

{{ storiesRelated.title }}

Market Pulse
02 Oct
ep tesco
Tesco is 'most at risk' from further discounter growth - Credit Suisse

Tesco out of the big UK supermarkets remains most at risk from the continuing rise of discounters Aldi and Lidl, Credit Suisse warned as it also cut its share price targets for Sainsbury's but lifted its target for Morrisons.

02 Oct
bp
Barclays reiterates overweight stance on BP and Shell

Analysts at Barclays reiterated their 'overweight' recommendation for shares of BP and Royal Dutch Shell (target price: 2,750p), telling clients that the pair's cash break-even levels were set to fall further.

02 Oct
AFC Energy cuts fuel cell power costs by nearly one third

UK-based industrial fuel cell power company AFC Energy said on Monday that both it and its partner Industrie De Nora had undertaken new initiatives aimed at significantly reducing the cost associated with hydrogen power.

02 Oct
calculatrice-et-trombones-comptes-entrepreneurs-entreprises-argent-finances-tpe-pme-entreprenariat-finances-banques-startup-business-plan-argent
Starcom CFO makes surprise resignation

Starcom announced on Monday that its chief financial officer Golan Hermolin has resigned with immediate effect.

02 Oct
Canadian Overseas Petroleum launches £2.5m fundraising

Calgary-based oil firm Canadian Overseas Petroleum (COPL) announced a new £2. 5m funding programme as the firm looked to raise capital to cover its ongoing general and administrative expenses at its West African operations.

02 Oct
defence aerospace aviation rollsroyce
Pennant inks collaboration agreement with Resource Group

AIM-listed management service provider Pennant International Group announced on Monday that it had finalised an agreement that would see it team up with Swiss firm Resource Group to supply a number of services across multiple revenue streams.

02 Oct
greenenergy
Lakehouse finalises disposal of Orchard to World Fuel Services

Asset and strategy support services firm Lakehouse announced on Monday that it had wrapped up its disposal of the entire issued share capital of Orchard to World Fuel Services Europe for a total cash consideration of £12. 4m.

02 Oct
ave
Europe midday: Ibex underperforms amid political tensions in Catalonia

Europe's main stockmarkets are mostly higher with the notable exception of Spain's Ibex 35 following the violence-marred illegal referendum held in Catalonia at the weekend as the region's leaders chose the path of provocation even after the courts had ruled it was unconstitutional.

02 Oct
ep catalunapreparala diada
EU calls for dialogue in Catalonia but backs Rajoy in independence dispute

The European Commission has sided with Spanish prime minister Mariano Rajoy in the fallout related to Catalonia's tumultuous independence referendum, backing his claim that the vote was illegal but also calling for dialogue between Madrid and Barcelona.

02 Oct
edgar test 10
Ben Wynn joins FairFX as product and marketing chief

FairFX announced on Monday that it has hired Ben Wynn as its chief product and marketing officer.

02 Oct
London Stock Exchange AIM LSE shares
London midday: Stocks extend gains as pound drops; airlines and housebuilders rally

London stocks had extended gains by midday as the pound fell further after data showed that growth in the UK manufacturing sector eased back more than expected last month, with airlines and housebuilders on a tear.

02 Oct
bandera eeuu usa america
NetScientific's Wanda granted new US patent

Transatlantic healthcare intellectual property commercialisation group NetScientific announced the issue by the US Patent and Trademark Office of a new patent exclusively licensed to its portfolio company, Wanda, on Monday.

02 Oct
ep avioneasyjet
Airlines fly higher on Monarch collapse

Airline stocks enjoyed a solid performance on Monday as investors welcomed news there would be one less competitor following the collapse of Monarch.

02 Oct
01-nissan-titan-warrior-concept-detroit-1-700x394
Asia report: Markets mostly higher on quiet Monday

Markets in Asia finished higher on Monday, at the start of a quiet week for the region with a number of stock exchanges set to close for holidays.

02 Oct
New York Stock Exchange, markets, traders, USA, stocks, shares, Wall Street. Photo: Pete Bellis
US pre-open: Stocks to nudge higher ahead of manufacturing data

US stocks looked set to nudge a touch higher at the open on Monday as investors eyed some key manufacturing data.

02 Oct
cbmetales
Norsk Hydro completes acquisition of Sapa shares from Orkla

Norwegian aluminium and renewable energy firm Norsk Hydro announced on Monday that it had completed its acquisition of fellow Oslo-based group Sapa by way of an NOK 11. 86bn cash payment.

02 Oct
European Central Bank, ECB, euro, eurozone, single currency
Eurozone unemployment rate steady in August, misses forecast

The unemployment rate in the eurozone was steady in August, according to the latest data from Eurostat.

02 Oct
mark tucker hsbc
HSBC awaiting approval for new CEO appointment

HSBC has chosen a new chief executive to replace Stuart Gulliver and is now awaiting approval from the Bank of England regulators, according to reports on Monday.

02 Oct
edgar test 10
AFH Financial snaps up Duchy Wealth Management

AIM-listed wealth management firm, AFH Financial, has completed the acquisition of Cornwall-based Duchy Wealth Management.

02 Oct
barratt developments, housing, house, build, bdev
May's Help to Buy extension pledge lifts housebuilders

Shares in housebuilding companies were lifted on Monday after Theresa May said the government will plough a further £10bn into extending the Help to Buy scheme.