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Later Black Friday timing sees UK retail sales fall
Fresh retail sales data on Tuesday morning showed a sharp decline in sales in November, reflecting a challenging time for the retail sector due to the later timing of Black Friday.
Europe close: Stocks start month on front foot
European stocks rallied to post healthy gains on Monday after a weak open, with Stellantis shares down sharply after the shock resignation of the car maker’s chief executive over the weekend.
US close: Stocks mixed as December trading gets underway
Major indices delivered a mixed performance on Monday following last week's Thanksgiving break.
Broker tips: BAE Systems, PensionBee, GSK
Citi reiterated its 'buy' recommendation on BAE Systems on Monday after the shares slumped on Friday.
London close: Stocks little changed on weak manufacturing, retail data
London markets ended Monday with little direction, as investors weighed a batch of UK data releases, with housebuilders in focus.
Director dealings: Mitchells and Butlers CFO sells shares
Mitchells & Butlers revealed on Monday that chief financial officer Timothy Jones had disposed of 89,448 ordinary shares in the FTSE 250-listed pub operator.
FTSE 100 movers: BAE Systems recovers; housebuilders hit by downgrades
London’s FTSE 100 was up 0. 1% at 8,294. 16 in afternoon trade on Monday.
US manufacturing PMIs increase in November
The Institute for Supply Management's manufacturing purchasing managers index increased to 48. 4 in November, up from 46. 5 in October and ahead of forecasts of 47. 5.
US open: Stocks mixed as traders return from Thanksgiving break
Wall Street trading got off to a mixed start on Monday following last week's Thanksgiving break.
Intel CEO Pat Gelsinger retires
Intel said on Monday that chief executive Pat Gelsinger has retired after four years in the job.
Deutsche Bank upgrades Burberry, AB Foods, Kering
Deutsche Bank upgraded Burberry, Associated British Foods and Gucci owner Kering on Monday as it took a look at consumer discretionary and luxury goods.
Berenberg lowers target price on GSK
Analysts at Berenberg lowered their target price on drugmaker GSK from £18. 20 to £16. 00 on Monday after hosting chief financial officer Julie Brown at its 2024 Pharma CFO series.
Power Metal Resources reports exploration progress at Drake Lake
Power Metal Resources announced on Monday that its uranium-focused joint venture with UCAM has been renamed Fermi Exploration, in tribute to physicist Enrico Fermi.
St James’s Place planning to cut 500 jobs - report
British wealth manager St James's Place is reportedly planning to make around 500 layoffs in the coming months.
US pre-open: Futures little changed following Thanksgiving break
Wall Street futures had stocks opening slightly lower ahead of the bell on Monday as trading gets set to return to normal following last week's Thanksgiving break.
Haydale Graphene reports revenue growth, operational progress
Advanced materials group Haydale Graphene Industries reported revenue growth and ongoing strategic developments in its final results on Monday.
Europe midday: Shares rally despite weak eurozone PMI, Stellantis woes
European stocks rallied to post healthy gains on Monday after a weak open, with Stellantis shares down sharply after the shock resignation of the car maker’s chief executive over the weekend.
London midday: FTSE nudges up; manufacturing output falls to nine-month low
London stocks had nudged higher by midday on Monday as investors mulled a raft of UK data releases, but housebuilders were under the cosh after a series of broker downgrades.
Greatland Gold set to complete Newmont acquisitions this week
Greatland Gold announced on Monday that completion of its acquisition of a 70% stake in the Havieron gold-copper project, 100% ownership of the Telfer gold-copper mine, and related Paterson region assets from Newmont Corporation, had been scheduled for 4 December.