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US pre-open: Futures mixed, but Nasdaq tests new highs
US stock futures were pointing to a mixed start on Wall Street on Monday, though the Nasdaq is expected to test new highs to start a shortened trading week.
UK manufacturing outlook improves as output and orders gain in Q2
The outlook for the UK's manufacturing sector as picked up after output and orders rose strongly in the second quarter, according to a survey from Make UK released on Monday.
RBC Capital continues to see ‘significant’ upside for Rentokil
RBC Capital Markets said on Monday that it continues to see "significant" upside for Rentokil Initial shares, "although clearly there is still lots to do, with peak branch integration still 12 months away".
Goldman Sachs downgrades SSP to ‘sell’, prefers WH Smith
Goldman Sachs downgraded SSP on Monday to ‘sell’ from ‘neutral’ "on a relative basis" as it took a look at European travel concessions.
Fulcrum kicks off phased test programme at Sylvanite project
Canada-focussed mineral exploration and development company Fulcrum Metals announced the start of a phased sampling, testing, and study programme at its Sylvanite Gold Tailings project in the Kirkland Lake area of Ontario on Monday.
Asia report: Markets fall as investors digest wave of China data
Asia-Pacific markets were primarily in the red on Monday, as investors digested key economic data from China.
UBS to book $900m provision over Greensill supply financing funds
Swiss banking giant UBS announced on Monday that it expected to book a provision of about $900m related to Credit Suisse's funds, tied to the collapsed supply chain financing firm Greensill Capital.
Citi downgrades European equities to ‘neutral’
Citi downgraded its stance on European equities on Monday to ‘neutral’ from ‘overweight’ as it said near-term risks have increased, with markets narrowing and political uncertainty taking centre stage.
Somero trading in line with expectations
Somero Enterprises said in an update on Monday that trading for the first five months of 2024 was consistent with expectations.
Rising freight costs shouldn't hit B&M too much, says RBC
RBC Capital Markets has said that rising freight costs shouldn't have a material impact on budget retail B&M, as it kept an 'outperform' rating on the stock.
London open: Stocks gain as investors eye CPI, BoE decision
London stocks rose in early trade on Monday as investors eyed a key UK inflation reading and the latest policy announcement from the Bank of England later in the week.
Mission Group trading as expected as it works on savings plan
Mission Group said in an update on Monday that trading between 3 April and 17 June had remained in line with the board's expectations.
Hutchmed publishes positive sovleplenib trial results
Hutchmed China announced the publication of positive results from its phase three ‘ESLIM-01’ trial of sovleplenib in the Lancet Haematology.
Europe open: Shares up as Sampo bid for Topdanmark in focus
European shares opened higher on Monday as investors digested mixed economic data from China and a $4. 7bn bid for Topdanmark from Finnish insurer Sampo.
Picton Property reports solid asset management progress
Picton Property Income announced significant developments in its asset management strategy on Monday.
Aptitude inks three-year deal with US insurance brokerage
Financial software solutions provider Aptitude Software announced a significant contract win with a prominent multibillion-dollar insurance brokerage in the United States on Monday.
CLS to convert Paris office into serviced apartments
CLS Holdings announced plans on Monday to convert its Debussy office property on Boulevard de la République in La Garenne-Colombes, Paris, into serviced apartments.
Hikma boosts injectables business with Xellia assets acquisition
Hikma Pharmaceuticals said on Monday that it has agreed to buy parts of Xellia Pharmaceuticals, a Copenhagen-based specialty company focusing on providing anti-infective treatments and other critical care therapies, for up to $185m.
Chinese retail sales accelerate, but industrial production slows
Retail sales in China smashed forecasts in May, according to data released by National Bureau of Statistics on Monday, though industrial production growth slowed much more than expected.
Ascential trading in line with forecasts, AstraZeneca's Imfinzi gets a US approval
London open The FTSE 100 is expected to open 42 points higher, having closed down 0. 21% on Friday at 8,146. 86.