On this episode of Stock Movers:
- Greggs is being urged by an activist investor to cut tens of millions of pounds of annual costs over fears that the bakery chain will otherwise fall prey to a cut-price takeover bid.
- Rheinmetall and other European defense stocks fell on Monday after reports of progress in Ukraine-Russia talks over the weekend.
- European mining shares including Fresnillo are among the best-performing sectors in the Stoxx 600 benchmark as copper advanced to a record high on the London Metal Exchange on fears the global market is heading for a supply crunch.