Pick of the early market news
Man Group (down -5.24%) and Essar Energy (down -4.66%) were the big board's biggest fallers. New numbers from Japan aren't good: GDP shrunk significantly in the last quarter of 2011.
Let's start the week with full-year numbers from data centre player Telecity. Revenues are up 22.1% to £239.8m (2010: £196.4m) and adjusted profits before tax have climbed 26.3% to £67.0m (2010: £53.0m).
The acquisitions of Data Electronics in Dublin and UK Grid in Manchester will "help continue to drive TelecityGroup's demand driven growth in terms of scale and profitability as we increase our capacity from 68MW to 124MW in response to growing customer demand."
Telecity's order book is "solid" and there is a "pipeline of new opportunities from new and existing customers," said boss Michael Tobin. "Demand for premium data centre capacity is strong across all of our markets and I am confident that 2012 will be another strong year for TelecityGroup."
Next up, Dyson. The bag-less vacuum manufacturer says broken through the £1bn turnover barrier for the first time. Sales climbed 25% in 2011 with strong growth - 30% - from the US. It is also planning to create new jobs on the back of its strong performance. There will be 200 new engineering positions, with many new UK-based roles.
Overall profits aren't known yet however Dyson - increasingly positioning itself as a technology company rather than a vacuum cleaner maker - made a profit of £210m on £887m turnover in 2010.
Lastly, investment trading solutions player Fidessa. Overall 2011 revenues have climbed 6% from £262.3m to £278.3m while operating profits surged 13% to £42.1m from £37.3m a year ago. Fidessa claims growth across all regions and market sector with more than 50% of revenue "now coming from outside Europe with Asia and the Americas delivering stronger growth."
"In the short-term," it said, "given the stress that is still apparent within the financial markets, we believe that conditions will remain difficult for some time to come. However, we believe there will still be good opportunities for growth, particularly through extending our derivatives presence and leveraging our infrastructure to deliver greater value to our larger customers."
Other news: Vodafone has confirmed it is examining a £700m takeover bid for Cable & Wireless.