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Canaccord Genuity raises target price on Aptitude Software following MPP Global acquisition
Analysts at Canaccord Genuity raised their target price on software firm Aptitude Software from 785. 0p to 845. 0p on Monday, stating it had added "more ooMPPh to the SaaS" with its acquisition of privately-held UK-based outfit MPP Global.
BoE's Bailey, Saunders express concern over rising inflation
The head of the Bank of England called for further investment in infrastructure in the UK and said Bank was going to have a very "challenging job" on its hands when it came to dealing with inflation.
Argentex interim revenues grow on growth in FX turnover
Foreign exchange services firm Argentex said on Monday that interim revenues were expected to have shot up by a third amid growth in FX turnover.
Equals Group revenues grow throughout Q3
Fintech payments firm Equals Group said on Monday that the record start it had made to the third quarter had been sustained throughout the remainder of the period.
RBC Capital downgrades Britvic, slashes price target
Britvic shares fizzed lower on Monday after RBC Capital Markets downgraded the drinks maker to ‘sector perform’ from ‘outperform’ and slashed the price target to 870p from 1,060p, citing mounting headwinds.
Brandshield secures three new business mandates
Cybersecurity firm Brandshield has secured new business mandates to support three independent cryptocurrency, foreign exchange and online trading brands.
Asos warns on profits as CEO Nick Beighton steps down
Asos said in a surprise announcement on Monday that chief executive Nick Beighton has stepped down with immediate effect, as it warned over profits, sending shares in the online fashion retailer tumbling.
XP Power says momentum accelerates in third quarter
Power control components company XP Power said on Monday that the “strong” momentum in order intake seen in its first half accelerated in the third quarter, with orders up 87% at constant currency, and 73% as reported, to £97. 2m.
London open: Stocks in the black as miners rally
London stocks edged up in early trade on Monday, underpinned by a strong performance in the mining sector, as investors shifted their attention from the US jobs report last week to the inflation outlook.
Senior trades in line with expectations YTD
Manufacturing group Senior said on Monday that trading in the nine months ended 30 September was in line with management expectations.
Seeing Machines to provide driver distraction tech for Shell fleet
Seeing Machines said it had signed an agreement with oil giant Shell to supply its driver distraction and fatigue technology.
Intercede makes 'further good progress', revenues grow
Cybersecurity company Intercede said on Monday that it had recorded further "good progress" in the six months ended 30 September.
LXI REIT net asset value rises as portfolio value increases
Real estate investment trust company LXI REIT said on Monday that independent valuer Knight Frank had valued the group's property portfolio at £1. 22bn.
Healthier living helps drive Treatt revenue rise
Food and fragrance ingredient supplier Treatt said it expected annual revenue to rise around 14%, helping it to meet earnings guidance provided in May.
London pre-open: Stocks seen muted as attention shifts to inflation
London stocks were set for a muted open on Monday as investors shift their attention from the US jobs report to the inflation outlook.
AstraZeneca upbeat on Covid-19 antibody cocktail, XP Power momentum accelerates
London open The FTSE 100 is expected to open 19 points lower on Monday, having closed up 0. 25% on Friday at 7,095. 55.
AstraZeneca antibody cocktail shows reduced risk of Covid infection
AstraZeneca said its antibody cocktail to combat Covid-19 had achieved a “statistically significant reduction” in the risk of developing the virus or death in a phase 3 trial.