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Housebuilding weighs as UK construction output falls again
Output in the UK construction sector fell again in October, weighed down by weakness in housebuilding, according to a survey released on Monday.
Hipgnosis won't declare dividend before new financial year
Music rights owner Hipgnosis said on Monday that having undertaken a review of its financial position, it will not declare dividends before the new financial year as it looks to ensure it has sufficient cash resources.
Ryanair declares first ever dividend as profits jump
Ryanair said on Monday that it will pay its first ever dividend, as it posted a jump in first-half profit thanks to record summer traffic and higher fares.
CAB Payments shareholders seek probe into IPO prospectus
Shareholders in foreign exchange processing specialist CAB Payments were said to be urging regulatory authorities to investigate potentially misleading information in its initial public offering (IPO) prospectus on Monday.
Citi starts JD Sports at ‘buy’
Citi initiated coverage JD Sports on Monday with a ‘buy’ rating as it took a look at European sporting goods.
Kingpsan on track for record FY profits
Building materials group Kingspan said on Monday that it was on track to deliver record full-year profits despite year-to-date sales coming in slightly lower than a year earlier.
Kosmos reports solid quarter, assumes operatorship of Yakaar-Teranga
Kosmos Energy reported third-quarter net income of $85m on Monday, equivalent to 18 cents per diluted share for the quarter, with adjusted net income coming in at $126m, or 26 cents per diluted share.
London open: Stocks nudge higher; airlines rally on Ryanair results
London stocks were just a touch firmer in early trade on Monday despite solid gains in Asia, but airlines rallied after well-received results from Ryanair.
Europe open: Markets higher but gains limited after recent rally
European stocks were struggling for direction on Monday morning as investors chose to keep their powder dry following some strong gains last week.
German factory orders rise, but revisions paint gloomy outlook
Factory orders in Germany unexpectedly rose in September, figures from the Deutsche Bundesbank revealed on Monday, though downward revisions to previous data point to a bleak outlook for manufacturing.
Prudential sees slight Q3 slowdown in new business
Multinational insurance company Prudential said it continued momentum in the third quarter, though new business sales and profits slowed slightly from the half-year stage.
London pre-open: Stocks seen muted as investors mull rate decisions
London stocks looked set for a muted open on Monday despite solid gains in Asia, as investors continue to digest interest rate announcements from the Federal Reserve and the Bank of England last week.
Melrose signs $5bn deal with GE Aerospace, Kosmos reports solid quarter
London open The FTSE 100 is expected to open 10 points higher on Monday, having closed down 0. 39% on Friday at 7,417. 73.
Melrose expands GE Aerospace partnership with $5bn deal
FTSE 100-listed aerospace group Melrose has signed a new $5bn aftermarket services agreement with engines giant GE Aerospace.
Monday newspaper round-up: Aviva, NatWest, CAB Payments
A fashion industry push to reduce the environmental impact of the clothing it sells is being undermined by an ongoing addiction to buying new clothes, with the average Briton buying 28 items every year. Asos and Primark are among the big names signed up to Wrap’s voluntary environmental pact, Textiles 2030. – Guardian.