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Dechra Pharma profits up as pet care rises during lockdown
Veterinary drug maker Dechra Pharmaceuticals reported a surge in profits and lifted its dividend as people spent more on pet welfare during Covid-19 lockdowns.
Monday newspaper round-up: Labour crisis, Byron, British Airways
The labour crisis could last for up to two years, Britain’s leading business lobby group has warned, as it called for ministers to take action on visas for foreign workers and stop “waiting for shortages to solve themselves”. Amid the most severe labour crunch since the 1970s, the Confederation of British Industry (CBI) launched a broadside against the government, saying the UK’s economic recovery from the winter lockdown was being undermined by a lack of skills in key positions, with mounting risks that the problem would continue for some time.
Numis upgrades BT Group but says shares overvalued
Analysts at Numis upgraded their recommendation on shares of BT Group from 'sell' to 'reduce' after the share price moved to just 14% above their 140. 0p target price.
Europe close: Stocks gain as Fed taper worries ebb
European stocks advanced at the start of the week although trading volumes remained low on account of the Labor Day holiday Stateside.
JP Morgan sees stocks climbing 'wall of worry'
Equity strategists at JP Morgan remained positive on the future direction of stock markets, telling clients that they were set to continue climbing the proverbial 'wall of worry'.
Green hydrogen outfit Corre Energy to list in Dublin
Energy storage outfit Corre Energy announced plans to raise fresh capital and float on the Irish stock Exchange.
Tuesday preview: China foreign trade data, Vistry Group in focus
All eyes on Tuesday will shift towards the People's Republic of China, where readings are due out on international trade and foreign exchange reserves in August.
Totally 'extremely pleased' with FY performance, trading 'strongly'
Healthcare services firm Totally said on Monday that it was "extremely pleased" with its performance over the last twelve months and how it managed to adapt to "the unprecedented challenges" created by the Covid-19 pandemic.
Electric vehicle demand surges despite industry's worst August since 2013
Electrified vehicle demand surged across the UK in August but supply chain constraints still undermined the overall market.
Berenberg lowers target price on Asos ahead of CMD
Analysts at Berenberg lowered their target price on online clothing retailer Asos from 6,700. 0p to 6,500. 0p on Monday ahead of the firm's capital markets day next month.
Standard Chartered to launch Singaporean joint venture with BetaPlus
Financial services firm Standard Chartered's wholly-owned subsidiary SCBSL and BetaPlus, a holding company controlled by NTUC Enterprise, has entered into a shareholders' agreement to form a joint venture, SC Bank Solutions.
London close: Stocks finish firmer as Fed fears fall away
London stocks finished in positive territory on Monday, as investors digested the latest reading on the UK construction sector, with last week’s non-farm payrolls miss helping to alleviate concerns about Fed tapering.
London pre-open: Stocks to edge higher as traders continue to mull payrolls
London stocks were set to edge just a touch higher at the open on Monday as investors continue to mull last week’s non-farm payrolls miss.
Johnson faces Tory revolt over NI rises to pay for social care
UK Prime Minister Boris Johnson faces a potential revolt from within his own Conservative Party over plans to break a manifesto promise and increase National Insurance Contributions (NICs) to pay for social care reforms.
Broker tips: Bunzl, Asos, BT
Analysts at RBC Capital Markets raised their target price on distribution company Bunzl from 2,270. 0p to 2,450. 0p on Monday following the firm's "solid" first-half earnings.
Omega Diagnostics files for CE-mark on Covid-19 self-test
Medical diagnostics company Omega announced on Monday that all of the supporting data and documentation relating to its submission for CE-marking for self-test use of its ‘Visitect’ Covid-19 antigen test had been filed with its European notified body.
Director dealings: ITV CFO makes share sale
ITV revealed on Monday that chief financial officer Chris Kennedy had disposed of 80,708 ordinary shares in the FTSE 250-listed media company.
FTSE 250 movers: Auction Technology recovers; Dechra slumps
London's FTSE 250 was up 0. 3% at 24,255 in afternoon trade on Monday.
Wishbone Gold signs 'crucial' WA land access agreement
Wishbone Gold announced the signing of the “crucial” land access agreement with the Western Desert Lands Aboriginal Corporation (Jamukurnu-Yapalikunu), or ‘WDLAC’. acting on behalf of the Martu People on Monday.
Vela confirms slight delay to Arcadia clinical trial report
Vela Technologies announced a delay to the results of the clinical trial of ‘SGS002’ on Monday, to 10 September.