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FTSE 100 movers: Micro Focus hit by downgrade but BAE Systems gains
London's FTSE 100 was down 0. 9% to 7,592. 81 in afternoon trade on Monday as energy shares retreated.
Goldman Sachs reinstates DMGT at 'sell'
Goldman Sachs reinstated its coverage of Daily Mail and General Trust at 'sell' with a 674p price target on Monday, saying the recent rally had overlooked the business' skew to structural and cyclical headwinds.
Deutsche Bank initiates coverage of Countryside Properties at 'buy'
Countryside Properties got a boost on Monday as Deutsche Bank initiated coverage of the housebuilder at 'buy' with a 426p price target.
US retail sales rise in line with expectations
US retail sales increased as expected in June, marking five months of rising sales as the estimate for May was revised up.
Asia report: Most markets retreat amid slew of China data
Most markets in Asia finished lower on Monday, as investors sifted through a tsunami of fresh data out of China, simultaneously ignoring the strong finish seen on Wall Street at the end of last week.
Bank of America posts strong profit rise on cost cuts, tax gains
Bank of America’s profit rose by a third in the second quarter as the bank kept a tight grip on costs and benefited from tax cuts.
Empire State manufacturing index ticks down in July but beats forecast
Business conditions in the New York region deteriorated a little less than expected in July, according to a survey from the NY Fed.
Randgold workers down tools at Tongon mine
Work at Randgold Resources' Tongon mine in Côte d'Ivoire has been interrupted as workers go on strike.
Vectura poaches Immunocore CFO Paul Fry
London-listed pharmaceuticals business Vectura Group said it had appointed Paul Fry from Immunocore to take over as chief financial officer from Andrew Derodra.
Tusk warns EU, China, US and Russia to reduce trade tensions
European Council President Donald Tusk on Monday called on Europe, China, the US and Russia to work together and avoid trade wars that could lead to "conflict and chaos".
Defenx warns of shortfall by September
Smartphone security firm Defenx warned investors on Monday that the conversion of new corporate opportunities into firm orders was taking "even longer than previously anticipated".
'Challenging' year sees Integumen's losses widen as costs soar
Personal healthcare company Integumen on Monday saw its share price fall more than 15% after reporting wider losses as administrative costs skyrocketed for the full year.
Cyanconnode scores £0.78m order as Sweden targets new smart-meters
Narrowband radio mesh network provider Cyanconnode Holdings on Monday received a £0. 78m purchase order from HM Power for Swedish utility company as the country looked at a new generation of smart meters.
Asos sell-off 'overdone', says Citi
With Asos shares down 25% from highs earlier this year on various investor concerns, analysts at Citigroup said that this was an overreaction and upgraded its rating on the shares to 'buy'.
Town Centre Securities reports positive trading
Town Centre Securities said it ended the financial year on a positive note as the property investor and car park operator traded in line with its expectations.
Flying Brands raises £0.5m to fund launch of StoneChecker software
Flying Brands has raised £0. 5m as a result of its Monday morning share placing to fund the design and manufacture of a commercial version of a cloud-based interface for its StoneChecker software.
Deutsche Bank surprises investors with profit beat
Deutsche Bank took investors by surprise by announcing its second-quarter profit would be more than double the amount expected by analysts.
Springfield Properties expects soaring revenues to propel profits
Housebuilder Springfield Properties on Monday announced that it expected to achieve a significant increase in profits for the second half.
Europe midday: Stocks turn lower as energy weighs but Deutsche Bank rallies on Q2
European stocks had turned mostly lower by midday on Monday following mixed Chinese data and amid weakness in the energy sector, but Deutsche Bank bucked the trend after solid second-quarter numbers.
London midday: Stocks turn lower as energy sector takes a hit
London stocks had fallen firmly into the red by midday as weaker oil prices weighed on the energy sector and the pound strengthened, with Hargreaves Lansdown leading the fallers after a report from the City watchdog.