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US open: Stocks climb as BoA's third quarter profit rises
US stocks were in the green on Monday as the Bank of America posted a rise in profits while US industrial production returned to growth.
Applied Graphene Materials revenue rises after 'substantial progress'
AIM-listed graphene producer Applied Graphene Materials’ revenue increased as it made “substantial progress” during the year with its products, and revealed its US patent has been granted and a new development programme is underway with Airbus.
Bonds: Gilts finish off lows in whipsaw price action
These were the movements in some of the most widely-followed 10-year sovereign bond yields:.
S&P warns on GCC sovereigns' cumulative funding requirements
Gulf Cooperation Council (GCC) sovereigns' cumulative funding requirement could total up to $560bn between 2015 and 2019, creating uncertainty about coverage of their fiscal deficits, warns S&P Global Ratings.
Fed's Fischer urges policies to tackle low equilibrium interest rate
If interest rates remained stuck at then current low levels the US economy might be facing the prospect of longer and deeper recessions, the vice-chairman of the US Federal Reserve said.
FX round-up: Sterling sours on major crosses, dives versus kiwi, rand
Sterling soured on its major cross this afternoon, in particular crumbling against a resurgent New Zealand dollar and stronger South African rand.
Northern consumers unfazed by Brexit, says Deloitte
Consumer confidence in the North of England has seen the highest increase since the tracker series began at business advisory firm Deloitte, even in the face of the uncertainty surrounding the Brexit vote.
Small cap round up
AIM-listed technology group Cohort said on Monday that its subsidiary, MASS, has been awarded a nine-year extension to its managed IT service contract for the Sentry Whole Life Support Programme (WLSP) at RAF Waddington worth around £12m. Cohort said the scope of the support contract includes replacement of the maintenance, repair and overhaul software and adds an enterprise performance management solution.
Lok'nStore improves FY pre-tax profit
Lok'nStore has hiked its full-year pretax profit to £5. 5m from £2. 7m a year earlier, and said its rapid-development programme can be financed from cash flow and existing banking facilities.
Sector movers: Telecoms pace gains
So-called 'bond proxies' such as fixed-line telecommunications providers were among the best performing sectors at the start of the week even as yields on longer-dated Gilts were whipsawed about, with prices mostly recovering from the steep losses seen earlier in the day.
Teva and Regeneron see medical study put on hold due to safety concerns
Drug development partners Teva and Regeneron have had a major study halted by regulators due to concerns being raised about the safety of the trial.
Europe close: Shares end lower amid bond price volatility
European stocks fell as investors looked ahead to a busy week on the corporate front and the European Central Bank rate announcement on Thursday, with the dollar steady at a seven-month high.
NI First Minister says country should receive special EU status
The second-highest ranking politician in Northern Ireland has said that the region should be able to push for a special case membership of the European Union after it voted clearly to stay in the bloc.
London close: Stocks slide as Brexit worries grow
London stocks were in the red on Monday as worries about Brexit grew on the back of a report about the impact the vote will have on the economy.
Rental activity picks up post Brexit vote, dampening house sales
The UK's property rental market is overtaking the sales market following the Brexit vote, due to rising prices and a fall in the availability of homes, according to Countrywide.
STM Group launches new pension products for Australia and Europe
Cross-border financial services provider STM Group announced the launch of its Australian, superannuation qualifying, recognised overseas pension scheme based out of Gibraltar on Monday.
FTSE 250 movers: Miners rally, housebuilders slump
The FTSE 250 index fell 0. 83% to 17,831. 76 points in afternoon trade on Monday.
Mitie secures new facilities management contract
FTSE 250 outsourcer Mitie has been awarded a new five-year facilities management (FM) contract worth more than £60m with Manchester Airports Group (MAG), consolidating FM services across three airports into one integrated contract.
Commodities: Crude southbound as US rig count, dollar encourage selling
Crude futures were southbound as rising rig counts in the US and some dollar strength encouraged a round of selling.
Results round-up
AIM-listed Tristel, a manufacturer of infection prevention products, increased turnover while it continues to expand globally, particularly in North America.