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Director dealings: Cornerstone FS CEO makes share purchase
Cornerstone FS revealed on Monday that chief executive James Hickman had acquired 55,000 ordinary shares in the AIM-listed international payment services provider.
Europe close: Shares get boost from EZ confidence data
European shares finished strongly on Monday, rebounding from a mid-afternoon nap to start to the week on a high, despite a dearth of data and with most Asian markets shut due to the Lunar New Year holiday.
London close: Stocks buoyed by gains on Wall Street
Stocks traded slightly higher despite downbeat forecasts for the UK economy out of consultancy EY, thanks to increased speculation of a downshift in the speed of rate hikes in the US.
Broker tips: Everyman Media, Energean, AB Foods
Analysts at Canaccord Genuity lowered their target price on cinema chain operator Everyman Media on Monday, stating that while the group had delivered a full-year earnings beat, growth trajectory for the coming two years had "moderated".
Microsoft strikes multi-year agreement with ChatGPT-maker
Tech giant Microsoft revealed on Monday that it has struck a new multi-year, multi-billion dollar investment into ChatGPT-parent company OpenAI.
Tuesday preview: Global factory and services PMIs, UK public sector borrowing in focus
Financial markets' focus on Tuesday would be on a raft of purchasing managers' surveys from around the world, not least in the UK.
FTSE 100 movers: BP and Antofagasta gain on optimism around China
BP lent its heft to gains on the top-flight index as crude oil futures advanced on the back of the latest mobility figures out of the People's Republic of China over the Lunar New Year the day before.
Index of leading US economic indicators falls by more than expected in December
A gauge of economic indicators designed to provide forward guidance on the US economy fell more sharply than expected at the end of 2022.
US open: Stocks higher as traders brace for corporate earnings
Wall Street stocks were in the green early on Monday as market participants looked ahead to a busy week of earnings.
UK recession likely to be worse than feared, warns EY
The UK economy is facing a deeper recession than currently expected, economic forecasters at EY warned on Monday.
Canaccord Genuity lowers target price on Everyman Media
Analysts at Canaccord Genuity lowered their target price on cinema chain operator Everyman Media on Monday, stating that while the group had delivered a full-year earnings beat, growth trajectory for the coming two years had "moderated".
Government to pay steel industry £600m to go green - report
The government is poised to announce £600m in grants to help the UK’s energy-intensive steel industry go green, it was reported on Monday.
Endeavour Mining says production hits top end of estimates
Endeavour Mining said it gold production had hit the top end of estimates and also announced the appointment of its new financial officer.
Berenberg lowers target price on Energean
Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,750. 0p to 1,580. 0p on Monday, as a slower than expected ramp-up created cause for concern despite the company's solid cash flow story.
Households paid to cut energy usage as cold snap bites
National Grid will pay some British households to use less power on Monday, the first time a new scheme will be put into practice.
Spotify announces 6% headcount reduction
Spotify announced a 6% reduction in its headcount, joining the ranks of other tech giants who had announced redundancies recently.
London midday: Stocks edge higher amid dearth of data
Stocks were trading slightly higher come midday despite downbeat forecasts for the UK economy out of consultancy EY, thanks to increased speculation of a downshift in the speed of rate hikes in the US.
Europe midday: Shares pare gains in quiet trade
European shares pared gains on Monday in a quiet start to the week with most Asian markets shut due to the Lunar New Year holiday.
US pre-open: Stocks little changed ahead of earnings heavy week
Wall Street futures were trading slightly lower ahead of the bell on Monday as market participants looked ahead to a busy week of earnings.