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Ten Alps liquidises London publishing business
Ten Alps has called time on its London publishing business but said the rest of its businesses remain unaffected and are trading profitably.
Europe midday: Stocks edge higher in quiet trade
European stocks edged higher amid low volumes on Monday, with many traders in Europe away from their desks for the Assumption Day holiday.
London midday: Stocks rise as oil prices edge higher
London stocks rose on Monday as oil prices gained and investors sifted though corporate news and Japanese economic growth data.
Credit Suisse hikes target price on G4S
Credit Suisse hiked its target price for G4S shares as the company de-leveraged, thus reducing the risks surrounding its balance sheet.
Canaccord Genuity cuts Regus target price on uncertainty in UK
Analysts at Canaccord Genuity cut their target price on Regus's shares to reflect part of the risk arising from their worst case scenario for the UK market.
ServicePower Tech pens three new partnerships
Workforce management software company ServicePower Technologies announced on Monday that it has partnered with Bolt Data, Apptituda and Westbrook.
Greatland Gold finds massive sulphide mineralisation at Bromus
Precious and base metals exploration and development company Greatland Gold announced on Monday that massive sulphide mineralisation has been intersected in drilling at the Bromus Project in Western Australia.
US pre-open: Stocks seen touch higher ahead of manufacturing data
US futures pointed to a marginally higher open on Wall Street ahead of reports on manufacturing and the housing market.
Lookers agrees acquisition of Midlands dealerships to deploy parts cash
Car dealership chain Lookers has added to its strength in luxury cars in the Midlands with the conditional £55. 4m cash acquisition of Drayton Group.
Japanese GDP growth stalls unexpectedly in second quarter
Japan’s economy flat-lined over the three months to June as exports and private investment fell.
Asia report: Japan markets trip up on poor GDP data
Most markets in Asia finished the first day of the week in the green on Monday, though shares in Japan fell after fresh data revealed the economy did not grow in the quarter through June.
Clarkson fights to remain buoyant in face of shipping slump
Battling low global shipping rates, Clarkson delivered a stable first-half performance that helped its shares return to their level from before the profit warning last month.
Broker tips: Persimmon, Restaurant Group, Cobham
UK housebuilding shares have fallen 25% since Britain voted to leave the European Union and the sector has priced in a 5% drop in house prices, J. P. Morgan Cazenove said on Monday.
JP Morgan upgrades Persimmon, downgrades Countryside Properties
UK housebuilding shares have fallen 25% since Britain voted to leave the European Union and the sector has priced in a 5% drop in house prices, J. P. Morgan Cazenove said on Monday.
William Hill rejects improved offer from Rank and 888
William Hill rejected an improved cash-and-shares offer from Rank Group and 888 Holdings made over the weekend and continued to turn its nose up at the prospect of talks.
Lower hiring intentions after referendum vote, CIPD says
British companies ratcheted down their hiring plans in the wake of the Brexit vote, the results of a survey found.
JPMorgan maintains 'overweight' on UK equities
JPMorgan Cazenove said on Monday that it was maintaining its ‘overweight’ stance on UK equities, which it believes should continue to outperform even in the aftermath of the Brexit vote.
Canaccord raises Restaurant Group to 'buy' from 'hold'
Canaccord Genuity has raised its rating on Restaurant Group to ‘buy’ from ‘hold’ and lifted its target price to 550p from 276p.
Barclays downgrades Cobham to 'equalweight'
Barclays downgraded Cobham to ‘equalweight’ from ‘overweight’ saying it expects several unquantifiable bumps along the way in the next six months and sees cleaner yet equally compelling value to be had elsewhere in its coverage.
Sage hit by data breach
Sage was in the red on Monday after the software company said an internal login had been used to gain access to some of its British customers’ data.