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UK PM Johnson moved to intensive care unit
Prime Minister Boris Johnson was moved to an intensive care unit after his coronavirus symptoms worsened on Monday. Downing Street said.
WH Smith outlines plans for equity raise
WH Smith announced its intention to place shares among institutional investors, in turn potentially clearing the way for new financing arrangements on improved terms.
Europe close: Stocks rally but analysts divided on outlook
Stock across Europe rallied at the start of the holiday-shortened week, boosted by news of falling death rates from the Covid-19 pandemic in France, Italy and Spain, together with a big drop in the rate of new infections in the latter, although analysts remained divided on the outlook for shares.
London close: Stocks finish stronger amid coronavirus curve hopes
London stocks held on to their gains for the close on Monday, even after the release of uninspiring data, as investors took heart from a slowdown in new coronavirus cases and deaths.
Director dealings: Energean chair snaps up shares
Energean Oil & Gas revealed on Monday that chair Karen Simon had acquired 31,422 ordinary shares in the FTSE 250-listed crude production outfit.
Tuesday preview: Covid-19 pandemic, OPEC+ talks in the spotlight
The focus in financial markets on Tuesday is likely to be on the pace of improvement, or not, in the ongoing Covid-19 pandemic, both on the Continent and across the Pond in the States.
FTSE 250 movers: GVC expected to come through, Playtech down as Covid-19 hits key markets
Bakkavor was at the top of the leaderboard at the start of the holiday-shortened trading week, bouncing back after the heavy selling seen at the end of the prior week.
Broker tips: Antofagasta, Ascential
Analysts at RBC Capital Markets downgraded shares in Antofagasta to 'underperform' and lowered their target price, saying the South American copper miner faced more downside than its peers from the Covid-19 pandemic impact.
Schools to become focus for eEnergy amid Covid-19
Energy efficiency-as-a-service provider eEnergy Group updated the market on its third quarter of trading on Monday, as well as the effect of the Covid-19 coronavirus pandemic on its business, reporting that from 1 January to 3 April, it signed 48 new contracts, including 21 schools in the UK and Ireland.
Secure Income REIT still intending to pay quarterly dividend
Secure Income REIT updated the market on its operations in light of the Covid-19 coronavirus pandemic on Monday, saying that of the rents due to date, representing over 94% of the total quarterly rent roll, 76% had been paid on time.
OptiBiotix enters manufacturing deal with France's Laboratoire PYC
Life sciences company OptiBiotix Health has entered into a contract manufacturing agreement with Laboratoire PYC in France, it announced on Monday.
Ergomed joins Covid-19 therapy programme
Specialised pharmaceutical services provider Ergomed announced on Monday that it is providing support for a clinical development programme for ‘namilumab’, a monoclonal antibody therapy targeting granulocyte-macrophage colony stimulating factor (GM-CSF), for the treatment of patients with rapidly worsening Covid-19 coronavirus symptoms.
Argo Blockchain pleased with March performance in 'difficult' conditions
Cryptocurrency miner Argo Blockchain updated the market on its operations in March on Monday, saying it mined 333. 8 Bitcoin or Bitcoin equivalent during the month, down from 337. 5 in February.
Vesuvius withdraws guidance, cancels final dividend
Molten metal flow engineering company Vesuvius updated the market in light of the Covid-19 coronavirus pandemic on Monday, reporting that it was taking specific site-by-site actions as well as complying with the government instructions and guidelines of the World Health Organization.
US open: Stocks surge as Wall Street attempts to rebound from sell-off
US stocks opened sharply higher at the bell on Monday after an overall more optimistic tone around the Covid-19 pandemic from the White House at a press conference a day earlier.
EasyJet will have access to £2.3bn cash reserves this week
EasyJet should have access to cash reserves of around £2. 3bn later in the week, the budget airline said on Monday, after founder Stelios Haji-Ioannou warned it could run out of money by August.
FTSE 100 movers: L&G rallies on dividend; Smiths in the red
London’s FTSE 100 was up 2. 5% at 5,550. 68 in afternoon trade on Monday, joining in with the broader market rally as investors took heart from a slowdown in new coronavirus cases and deaths in countries such as Spain and Italy.
RBC downgrades Antofagasta to 'underperform', cuts target
Analysts at RBC Capital Markets downgraded shares in Antofagasta to 'underperform' and lowered their target price, saying the South American copper miner faced more downside than its peers from the Covid-19 pandemic impact.
Berenberg lowers target price on Ascential following Cannes Lions cancellation
Analysts at Berenberg lowered their target price on exhibition and festivals media specialist Ascential from 300. 0p to 240. 0p on Monday, stating that with events being "off the table" for the immediate future, so too were earnings.
Monday broker round-up
Anglo American: RBC Capital Markets downgrades to sector perform with a target price of 1,500p.