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German business sentiment improves in February
German business sentiment improved in February despite the Covid-19 lockdown, according to a survey released on Monday by the Ifo Institute.
President Energy sees FY turnover fall amid oil price slump
South America-focussed energy company President Energy said on Monday that full-year turnover had slumped 32% year-on-year.
OnTheMarket turns a profit amid pandemic
Online property portal operator OnTheMarket said on Monday that revenues and adjusted operating profits for the year ended 31 January were expected to be no less than £22. 5m and £1. 5m, respectively.
Resilient salmon market underpins Benchmark's first quarter
Aquaculture company Benchmark reported an 18% rise in first quarter revenue from continuing operations on Monday, to £29m, which it put down to a 32% uptick in advanced nutrition revenue.
JPMorgan upgrades Glencore to 'overweight'
JPMorgan Cazenove upgraded its stance on shares of miner Glencore on Monday to ‘overweight’ from ‘neutral’ and lifted the price target to 350p from 280p.
Image Scan continues to be adversely impacted by Covid-19
X-ray imaging specialists Image Scan warned on Monday that the Covid-19 pandemic had continued to have an adverse impact on the overall level of orders, particularly in security.
Randall & Quilter makes solid progress with programme management
Speciality insurance company Randall & Quilter updated the market on its programme management business for 2020 on Monday, reporting a 46% increase in gross written premiums to $538. 9m (£385. 04m).
Avacta clarifies reports on potential use of its Covid-19 test
Avacta Group responded to some press speculation on take-up of its lateral flow SARS-CoV-2 rapid antigen test for Covid-19 by the UK government on Monday.
London open: Stocks fall as investors eye lockdown easing plan
London stocks fell in early trade on Monday as investors awaited details on the government's roadmap out of lockdown.
Dechra Pharmaceuticals' interim revenues and profits improve
Drugmaker Dechra Pharmaceuticals said on Monday that reported group revenues and operating profits had both increased throughout the six months ended 31 December.
Anglo American outlines modernisation plans for platinum operations
Anglo American updated the market on its strategy for its platinum operations on Monday, aiming for a mining EBITDA margin of between 35% and 45% by 2030.
AstraZeneca withdraws Imfinzi US indication for advanced bladder cancer
Drugmaker AstraZeneca announced the voluntary withdrawal of its Imfinzi indication in the US for previously treated adult patients with locally advanced or metastatic bladder cancer on Monday.
Saga said to be in talks over £170m debt package
Saga, which specialises in products for the over-50s, is reportedly in talks about a £170m debt package as it looks to weather the coronavirus pandemic.
London pre-open: Stocks seen lower as Johnson set to outline lockdown exit plan
London stocks were set to fall at the open on Monday, with Prime Minister Boris Johnson due to outline the government’s lockdown exit strategy later in the day.
Mitchells & Butlers launches placing to combat cash burn, Anglo American outlines platinum strategy
London open The FTSE 100 is expected to open 56 points lower on Monday, having closed up 0. 1% on Friday at 6,624. 02.
Monday newspaper round-up: Aircraft orders, John Lews, Gap
Orders for new aircraft all but dried up in January as the airline industry continued to be buffeted by the Covid-19 pandemic. Just four commercial aircraft orders were placed last month, according to ADS, the UK trade organisation. That’s the worst January on record for orders, down from 296 in January 2020. - Guardian.