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Tuesday preview: US consumer prices, Vodafone in focus
Financial markets' attention on Tuesday will be on the latest consumer price data in the U. S.
Sector movers: Life insurers and aerospace lead gains
Life insurance and aerospace plays fared best at the start of the week.
US close: Stocks mixed ahead of Tuesday's CPI data
US stocks finished well off their daily lows on Monday but the major equity indices still put in a mixed performance as investors choose to remain cautious ahead of key inflation data.
Director dealings: Vianet non-exec picks up some shares
A non-executive director of Vianet picked up some shares in the business intelligence outfit focused on the hospitality sector.
Europe close: Stocks advance ahead of economic data
European stocks moved higher on Monday ahead of a busy week for economic data, including growth indicators from China and all-important inflation stats from the US.
London close: Stocks firmer ahead of key inflation readings
London markets closed in a resilient state on Monday, maintaining positive momentum from the end of last week after solid gains on Wall Street on Friday.
US open: Stocks edge lower after Moody's cuts sovereign debt outlook
US stocks were slightly lower on Monday morning in New York as investors treaded carefully ahead of a busy week for economic data, which included the latest reading on consumer price inflation.
FTSE 250 movers: Just Group jumps; Kainos tanks
London’s FTSE 250 was down 0. 1% at 17,842. 92 in afternoon trade on Monday.
Broker tips: Dr Martens, M&G, Aviva
Dr Martens slumped on Monday after Barclays downgraded shares of the iconic bootmaker to ‘equalweight’ from ‘overweight’ and cut the price target to 140p from 174p.
Savills appoints David Lipson as head of North America business
Savills said on Monday that it has appointed David Lipson as the new chief executive of its North America business with effect from 1 January 2024.
FTSE 100 movers: Phoenix Group, Aviva on the rise
London’s FTSE 100 was up 0. 6% at 7,400. 93 in afternoon trade on Monday.
Biome Technologies reports mixed trading across divisions
Bioplastics and radiofrequency technology company Biome Technologies updated the market on its trading for the third quarter on Monday, with group revenues reaching £5. 2m for the first nine months of the year.
Brave Bison announces £4m in contract wins and renewals
Digital advertising and technology services company Brave Bison announced around £4m in new contract wins and renewals on Monday.
Cordel achieves big milestone in Network Rail contract
Cordel Group announced a significant milestone in its long-term National Gauging Database contract with Network Rail on Monday.
Good Energy reports solid recent progress
Renewable electricity supplier and energy services specialist Good Energy Group updated the market on its recent progress on Monday, having launched its new ‘Solar Savings’ smart export tariff in October, which rewards households generating clean power with an increased rate of 15p per kWh.
Chinese credit growth ticks higher in October but rate of money supply increase slows
Lending growth in the People's Republic of China ticked higher last month, but the details of the latest figures attested to cooling domestic demand even amid increased fiscal stimulus.
Team Internet revenue rises in first nine months
Team Internet Group reported a 16% year-on-year increase in revenue in the first nine months of the year on Monday, as well as an 11% rise in adjusted EBITDA and a positive outlook for the rest of the year.
PetroTal reports dry season challenges in third quarter
PetroTal said in an update on Monday that it faced challenges in the third quarter due to a severe dry season and low river levels, which impacted its average quarterly sales and production figures.
JPMorgan upgrades M&G to 'neutral'
JPMorgan Cazenove upgraded M&G to ‘neutral’ from ‘underweight’ on Monday as it revisited the UK life sub sector following a period of poor relative performance.
Midwich agrees to acquire 51pc stake in ProdyTel
Audio-visual distributor Midwich Group announced an agreement to acquire ProdyTel on Monday - a distributor specialising in professional audio and technical solutions products located near Nuremberg, Germany.