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CPP Group FY revenues, EBITDA set to beat estimates
Products and services company CPP Group said on Monday that it has continued to win new business and build its pipeline of opportunities since the publication of its interim results in September.
Enlabs shareholders to reject Entain bid, says Alta Fox
Alta Fox Capital Management said on Monday that it and other shareholders of Sweden’s Enlabs AB - representing more than 10% of outstanding shares - will reject Ladbrokes owner Entain’s bid for the company.
London midday: Stocks edge lower as travel & leisure sector hit
London stocks had edged a little lower by midday on Monday as investors mulled the latest data out of China, with travel and leisure shares under the cosh amid concerns about the Covid-19 crisis.
UK retail footfall drops in second week of lockdown
Visits to UK shops continued to fall in the second full week of lockdown but the rate of decline was less than under the first Covid-19 shutdown, a survey showed.
Chemring rallies on Barclays upgrade
Barclays upgraded its stance on Chemring on Monday to ‘overweight’ from ‘equalweight’ and hiked the price target to 380p from 250p, saying it’s the purest-play cyber exposure in its UK defence coverage.
Asia report: Markets mixed as investors watch news on Samsung, Huawei
Markets in Asia finished in a mixed state on Monday, as investors digested the latest economic data out of China, and reacted to developments around tech giants Samsung and Huawei.
Whatsapp delays privacy update over Facebook data sharing concerns
Whatsapp delayed a privacy policy update that was scheduled for 8 February to mid-May over confusion and concerns about sharing users’ data with Facebook.
Devro FY operating profit to be at upper end of forecasts
Meat casings manufacturer Devro said on Monday that full-year underlying operating profit is set to be at the upper end of current analyst expectations following better-than-expected trading at the end of 2020.
Electric carmaker Xpeng to release autonomous features for highway
Chinese electric vehicle maker Xpeng is set to release autonomous features for its driving system in its quest to ramp up pressure on rivals including market leader Tesla.
Berenberg downgrades Blue Prism to 'hold'
Analysts at Berenberg downgraded software outfit Blue Prism from 'buy' to 'hold' on Monday following the group's 2020 full-year results last week.
Funding Circle results beat expectations as lending booms
Funding Circle said annual results would be well ahead of expectations after the Covid-19 crisis helped spur record business at the small business lender.
AkzoNobel proposes €31.25 a share for Finnish paint maker Tikkurila
Dulux owner AkzoNobel said on Monday that it has proposed to buy Finnish paint maker Tikkurila for €31. 25 a share, valuing the business at €1. 4bn and trumping an offer from US paint company PPG Industries.
Begbies Traynor acquires CVR Global in £20.8m deal
Corporate restructuring specialist Begbies Traynor said on Monday that it had completed its acquisition of CVR Global.
BT shares fall after £600m overcharging claim
BT shares fell after the company was reported to be facing a £600m legal claim for allegedly failing to compensate customers who were overcharged for landlines.
Dr Martens confirms IPO for Feb; Seeks FTSE listing
Iconic UK bootmaker Dr Martens could be listed on the Stock Exchange in London by the start of next month, the business said on Monday, adding that it hoped to be included in an FTSE index.
SourceBio sees 'considerable growth' in FY revenues, EBITDA
Laboratory services and products provider SourceBio said on Monday that full-year results would be in line with market expectations after it recorded "considerable growth" in both revenues and underlying earnings year-on-year.
James Cropper acquires electrochemicals firm PV3 Technologies
James Cropper announced on Monday that its subsidiary Technical Fibre Products (TFP) has entered into a definitive agreement to acquire PV3 Technologies, a company which specialises in the development and manufacture of electrochemical materials used in the creation of green hydrogen.
Caledonia Mining reports record annual production at Blanket
Caledonia Mining reported record annual production at the Blanket Mine in Zimbabwe on Monday, in its quarterly gold production update.
IronRidge reports multiple high-grade intersections at Zaranou
Africa-focussed minerals exploration company IronRidge Resources announced multiple high-grade drill intersections and the confirmation of new gold targets at the Zaranou Project in Côte d'Ivoire on Monday.
IQGeo narrows FY losses as both revenues and margins improve
Software developer IQGeo said on Monday that it had narrowed full-year losses and expects to show good growth across all key metrics in its 2020 trading results.