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EasyHotel makes Gary Burton CFO as Vieilledent becomes development director
EasyHotel said on Monday that Gary Burton will become chief financial officer with effect from 29 October, as current CFO Marc Vieilledent steps into the role of group development director.
Twitter boosted after Citron sets $52 target price
Twitter’s shares were given a boost on Monday after online investment newsletter Citron Research predicted that the social media giant’s shares will hit $52 within a year.
US close: Stocks end lower as Turkey woes continue to weigh
US stocks ended in the red on Monday, unable to hold on to earlier gains as worries about Turkey continued to undermine sentiment.
Europe close: Stocks finish off their worst levels, but sentiment dented
Stocks across the Continent were lower again on Monday, with investor sentiment taking another hit after Turkey's President, Recep Tayyip Erdogan, dismissed the possibility of interest rate hikes at the weekend, resulting in another leg lower for the Turkish lira.
Bonds: Signs of contagion in Italian debt?
These were the movements in some of the mos widely-followed 10-year sovereign bond yields on Monday:.
Commodities: WTI lower after US rig count data, gold threatens drop below $1,200/oz.
Commodities saw almost across-the-board declines at the start of the week, with oil futures weighed down by further gains in the US dollar, predictions for increased supplies and a jump in the US oil rig count.
Results round-up
Chemring Group said production at its flare manufacturing factory has been suspended after a blast left one worker dead and another badly injured.
Europe midday: Renewed slide in Turkish stocks and currency dents sentiment
Stocks across the Continent are weaker, with investor sentiment taking another hit after Turkey's President, Recep Tayyip Erdogan, dismissed the possibility of interest rate hikes at the weekend.
Scotgold sees 'significant advancement' in Loch Lomond mine permitting
Scotgold Resources on Monday told investors that despite delays, "significant advancement" has been made in the permitting process of its Cononish Gold and Silver Mine, near Loch Lomond in Scotland.
London close: Stocks finish off their lows as bargain-hunters step in
London stocks finished off their lows of the session on Monday, with travel shares under pressure amid worries about the crisis in Turkey, but Esure rocketing higher on the back of an offer from Bain Capital, which in turn buoyed the entire non-life insurance space.
Musk confirms potential funding from Saudis to take Tesla private
Tesla founder Elon Musk says that Saudi Arabia's sovereign wealth fund has "expressed support" about providing funding for the electric car manufacturer to be taken private.
Broker tips: Paddy Power Betfair, Clarkson, Burberry, Meggitt
Citigroup cut its estimates for Paddy Power Betfair's future earnings due to declining revenues from the exchange business and start-up costs from its burgeoning US arm, among other factors.
Netflix CFO David Wells to step down
Netflix's chief financial officer David Wells will step down from the role to dedicate his time to his philanthropic work and "big challenges".
Director dealings: Ian Sutcliffe lowers stake in Ashtead
Ian Sutcliffe, a senior independent non-executive director at rental company Ashtead, disposed of 24,500 ordinary shares in the firm on Monday.
US open: Wall Street unphased by Turkish crisis
Wall Street trading began on a positive note despite worries about Turkey's current financial situation continuing to do the rounds.
RBC says Bain's offer the best eSure can expect, for now
Following an unsolicited bid from Bain Capital, analysts at RBC Capital Markets saw fit to take another look at their numbers on online insurer eSure.
Tuesday preview: Watching UK wages, results from Esure, Polypipe
The jobs market will be the UK focus on Tuesday, coming in between a barrage of economic data from around the world, plus half-year results from Antofagasta, esure and Polypipe.
Morgan Stanley upgrades BAE Systems on improved earnings visibility
The stars are lining up for BAE Systems, according to analysts at Morgan Stanley, who on Monday upgraded their recommendation for the shares from 'equalweight' to 'overweight' on the back of increased visibility on the company's earnings.
FX round-up: US dollar eases back after early surge to fresh 52-week high
Sterling is off its lows of the session, with traders wary of extending themselves too much, lest recent US dollar strength suddenly unwind.
City downgrades Paddy Power Betfair after cutting earnings forecasts
Citigroup cut its estimates for Paddy Power Betfair's future earnings due declining revenues from the exchange business and start-up costs from its burgeoning US business, among other factors.