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16 Apr
sage 06
Sage still a 'buy' for Citi despite profit warning

Citi still sees potential in Sage Group despite the surprise profit warning last week, with the bank's conviction unchanged on its belief in the demand for the accounting software firm's products.

16 Apr
Avacta losses widen as R&D costs increase

Biotherapeutics developer Avacta Group released its unaudited interim results for the period ended 31 January on Monday, reporting half-year revenues of £1. 5m - up 16% year-on-year - comprising £0. 7m from Avacta Life Sciences and £0. 8m from Avacta Animal Health.

16 Apr
Marble mine, mining
Fox Marble adds state-of-the-art machinery to Kosovo plant

Marble quarrying and finishing company Fox Marble announced on Monday that it has installed a new state-of-the-art computer numerical control (CNC) machine and a block vacuum pump machine in its processing factory in Pristine, Kosovo.

16 Apr
Money coins pound
PCF retail deposits surpass £100m mark

Specialist bank PCF announced on Monday that the total value of deposits it has accepted from retail customers has surpassed the £100m mark.

16 Apr
brexit talks davis barnier
EU's post Brexit trade stance falls 'far short' of UK aims

With the formal presentation of the EU’s current stance on the UK’s post Brexit trade relationship set for later this week, it appears Britain will be limited by its wish to leave the single market and customs union.

16 Apr
President Energy gets to work at Puesto Flores

Upstream oil and gas company President Energy announced an accelerated programme of workovers and drilling activity at the Puesto Flores/Estancia Vieja Concession in Río Negro Province, Argentina on Monday.

16 Apr
New York Stock Exchange, markets, traders, USA, stocks, shares. Photo: MarineCorps New York
US open: Positive start on the Street as investors brush off geopolitical concerns

US trading started on a positive note on Wall Street on Monday as investors turned their attention to corporate earnings, putting geopolitical concerns to one side after the US-led airstrikes in Syria over the weekend.

16 Apr
Amur Minerals ups EBITDA projections as Russian asset gets go-ahead for underground mining

AIM-quoted exploration and development company Amur Minerals upped estimates on its global EBITDA for April after its Maly Kurumkon/Flangovy (MKF) drill programme at Kun-Manie, located in the far east of Russia, was opened up for a combination of open pit and underground mining.

16 Apr
galliford try uk building builder construction homes
Galliford Try confirms completion of rights issue

Galliford Try completed its right issue on Monday as management look to reinforce the balance sheet in order to invest in growth.

16 Apr
brexit talks davis barnier
Parliament's vote on Brexit deal could keep UK in the EU

Parliament has several options at its disposal in order to change the course of Brexit, an influential think tank said in a paper published on Monday.

16 Apr
bullring,hammerson,shopping centre
FTSE 250 movers: Hammerson rises but Vedanta, Kaz hit by Goldman downgrades

London's FTSE 250 was down 0. 2% to 19,802. 10 in afternoon trade on Monday.

16 Apr
Tesla blames Model 3 production delay on 'excessive automation'

Tesla CEO Elon Musk told CBS the reason for the delays in producing the company's Model 3 vehicle was over reliance on robots.

16 Apr
premier inn, whitbread, bed, hotel
FTSE 100 movers: Whitbread jumps as activist investor calls for Costa spinoff; WPP slumps

London's FTSE 100 was down 0. 5% to 7,230. 68 in afternoon trade on Monday, weighed down by a stronger pound.

16 Apr
factory, factories, manufacturing, manufacturer
Empire State manufacturing index drops more than expected in April

Business conditions in the New York region deteriorated more than expected in April, according to a survey from the New York Fed.

16 Apr
sage group sagelive
Monday broker round-up

Rentokil: Deutsche Bank downgrades to hold with a target price of 310p.

16 Apr
bp oil
Europe midday: Stocks mixed amid weakness in Oil&Gas

Stocks are trading on a mixed note, amid a slump in oil prices after the missile strikes against Syria's chemical weapons programme failed to spark an escalation in tensions.

16 Apr
cbalcistabull1 short
Pound bulls to falter in near-term, Rabobank says

Sterling strength had further to run, Rabobank strategists said on Monday, but the loss of economic momentum in the British economy that was seen over the first quarter of the year and the prospect of tough Brexit talks, meant that the pound's path higher was not to be free of hurdles.

16 Apr
s4 capital martin sorrell
Sir Martin Sorrell steps down from WPP after misconduct investigation

Sir Martin Sorrell has stepped down as chief executive officer of WPP with immediate effect, the advertising behemoth announced over the weekend.

16 Apr
shire, drug, pharma
Shire to sell oncology business to Servier for $2.4bn

Shire, for whom the boss of Japanese drug maker Takeda is reportedly readying a £35bn bid, has agreed to sell its oncology business to Servier for $2. 4bn in cash.

16 Apr
Asia report: Markets mixed as reaction to Syria strikes remains muted

Markets in Asia finished mixed on Monday, as investors reacted to the launching of missile strikes on Syria by the US, the UK and France over the weekend.