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Dignity backs £281m takeover offer
Shares in Dignity sparked on Monday after the funeral services specialist agreed to be taken over in a sweetened £281m deal.

Deutsche Bank upgrades Associated British Foods to 'buy', sees headwinds reversing
Deutsche Bank upgraded its recommendation for shares of Associated British Foods from 'hold' to 'buy', judging that the headwinds from energy prices and foreign exchange rates were reversing.

Asia close: Japanese, Indian and Vietnamese stocks off to strong start in the Year of the Rabbit
Asia Pacific stocks got off to a strong start in the Year of the Rabbit, although most stock exchanges were closed in observance of the Lunar New Year.

Berenberg says concerns around Barclays's investment bank revenues and credit card losses excessive
Analysts at Berenberg reiterated their 'buy' recommendation for shares of Barclays, pointing to the outlook for the lender's returns on tangible equity and low valuation versus peers.

Surgical Innovations returns to profitability in H2
Surgery technology group Surgical Innovations said on Monday that it had seen a "significant improvement" in sales and a return to profitability in the second half of the trading year.

Kinovo secures £4m contract from London Borough of Waltham Forest
Property services group Kinovo revealed on Monday that it has been awarded a contract worth £4. 0m over two years by the London Borough of Waltham Forest.

John Kingman named Barclays UK chair
Barclays has named John Kingman, a former senior Treasury official, as chair of its UK bank.

Shares fall flat as Fuller, Smith & Turner warns on profits
Shares in Fuller, Smith & Turner fell on Monday after the pubs and hotels business warned on profits.

Bitcoin targets $23,000; is correction in sight for 'cryptos'?
Calm reigns in the cryptocurrency market. Bitcoin (BTC) has dropped 0. 75% in the last 24 hours, but remains close to $23,000, while Ethereum (ETH) has accumulated a rise of 0. 47% in the last day and has comfortably surpassed $1,600, standing at levels not seen since November 2.

Intercede FY results seen 'materially ahead' of consensus
Cybersecurity software company Intercede said on Monday that it had continued to maintain momentum seen in the first half of its trading year, with revenue expected to be approximately 5-8% ahead of market forecasts.

Everyman Media FY EBITDA surges
Cinema company Everyman Media said on Monday that full-year underlying earnings had come in ahead of expectations amid a surge in revenues.

Urban Logistics acquires five new assets
Real estate investment trust Urban Logistics has acquired five new assets for a combined total consideration of £48. 0m at a net initial yield of 6. 0%.

London open: Possibility of slower Fed rate hikes buoys stocks
Stocks were a tad higher at the start of the week with investors shaking off the freezing temperatures in London and downbeat forecasts for the UK economy out of consultancy EY, helped by increased speculation of a downshift in the speed of rate hikes in the US.
Europe open: Shares open higher on hopes of rate hike slowdown
European shares opened higher on Monday in a quiet start to the week with most Asian markets shut due to the Lunar New Year holiday.

London pre-open: Stocks to start the day little changed, US dollar in the headlines
Stocks in London were set for a slightly higher start on Monday with investors' attention on weakness in the US dollar.
National Express wins €1bn German rail contract
National Express Group said Its German business had won a €1bn contract to operate the RE1 and RE11 Rhein-Ruhr-Express (RRX) train lines to 2033.
Saga studies sale of insurance unit, Balfour Beatty lands £1.2bn contract
London open At 0718 GMT, futures were pointing to initial gains of 0. 30% to 7,770. 59 for the FTSE 100.
Saga confirms talks for potential sale of Acromas insurance unit
The specialist provider of products and services to those over 50, Saga, confirmed media reports that it was in talks to potentially sell its Acromas Insurance Company Limited business with a view to reducing its debt pile.
Primary Health Properties buys Ireland's Axis for undisclosed sum
Primary Health Properties has bought Irish property management business Axis Technical Services and signed a long-term agreement providing access to a strong pipeline of future primary care projects in Ireland, the company said on Monday.
Balfour Beatty wins £1.2bn UK roads contract
Infrastructure group Balfour Beatty said it had been awarded a £1. 2bn contract by Britain’s National Highways to deliver a package of works for the proposed Lower Thames Crossing.