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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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
Monday broker round-up
Rentokil: Deutsche Bank downgrades to hold with a target price of 310p.
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.
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.
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.
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.
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.