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Egdon reveals promising stats from Keddington
Egdon Resources and its partners revealed some promising statistics on Monday, from the Keddington-5 development well east of Biscathorpe, Lincolnshire.
Monday broker round-up
Petrofac: Goldman Sachs downgrades to neutral with a target of 909. 8p.
AB Foods to make buyout offer to Illovo Sugar
Primark owner Associated British Foods confirmed on Monday that it plans to make an offer to buy the remaining shares of South Africa-based Illovo Sugar it does not already own.
JP Morgan still cautious on equities despite weakness in US dollar
The recent correction in stocks was not a buying opportunity, JP Morgan told clients at the start of the week.
Richland achieves first revenue from sapphire operation
Richland Resources was celebrating a successful end to 2015 on Monday, having achieved first revenue from its sapphire and corundum operations in the three months to 31 December 2015.
FTSE 100 movers: Randgold shines after results but ITV slumps on DB note
London's FTSE 100 was down 1. 9% to 5,737. 01 at 1420 GMT, tracking broader market losses, although Randgold Resources bucked the trend following well-received results.
Frontier IP extends academic reach into Portugal
Frontier IP Group extended its academic reach on Monday, announcing an agreement with the Universidade de Évora in Portugal.
China's FX reserves plunge by $99.5bn
China's foreign currency reserves fell by $99. 5bn in January, according to data released by the People's Bank of China.
Demand for Latin America flights will take a hit over Zika, says Moody's
Moody’s believes passenger demand for flights within and to Latin America will take a hit in the coming months due to the Zika virus outbreak.
ITV slumps as Deutsche says it's lagging sector
Shares in ITV fell sharply on Monday as Deutsche Bank said the broadcaster was lagging the rest of the sector, which has kicked off the year strongly.
Solid earnings for Sylvania platinum, but weak ZAR hurting
Sylvania Platinum was looking at solid earnings in its interim results to 31 December 2015 on Monday, but the weakness of South Africa's currency was hurting its cash reserves.
London midday: Chinese currency reserves report sparks selling
A renewed drop in crude oil futures and another worrisome report on the pace at which China was burning through its foreign currency reserves weighed on the stockmarket on Monday.
HSBC downgrades AstraZeneca, sees no near-term relief
HSBC downgraded AstraZeneca to ‘hold’ from ‘buy’ and cut the price target to 4,880p from 4,910p.
US pre-open: Grim start to the week as futures fall
Weaker oil prices and a lack of economic data have led US futures to fall, marking an extremely poor start to the week.
Investor confidence in the Eurozone´s outlook retreats to 2014 levels
Market participants grew more wary about the economic outlook for 2016 in February, as prospects for the US economy worsened and the German economy cooled, according to one of the most widely-followed barometres of investor sentiment.
Spectra Systems looking at 'significantly' improved 2015
Spectra Systems' board indicated it was looking at a much better 2015 than it expected, in a trading update on Monday ahead of its full year results due in late April.
ServicePower looking solid ahead of full-year results
ServicePower was looking stable on Monday, as the company updated the market on its 2015 activities ahead of its full-year results.
Data products keep YouGov's first half trading in line
YouGov has increased its proportion of revenue from data products and services.
Npower announces 5.2% cut to gas prices
UK energy supplier Npower has announced a 5. 2% reduction in its gas prices.
Europe midday: Energy issues and banks push stocks lower
European stocks fell into the red on Monday, with energy issues under the cosh as oil prices slid again.