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26 Feb
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Europe close: Stocks extend losses as some investors balk at buying into weakness

An early bounce petered out quickly with traders worried that the China coronavirus could yet turn into a global pandemic, leaving share prices vulnerable as economic growth forecasts are marked down.

26 Feb
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Business wants maximum access to EU markets - survey

The UK government should seek maximum access to EU markets when it sets out its position for trade talks, a survey of business leaders said.

26 Feb
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Revolut valued at £4.2bn becomes UK's most valuable fintech startup

Digital bank Revolut tripled its value in its latest funding round to reach £4. 2bn and became the UK’s most valuable fintech startup.

25 Feb
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Wednesday preview: Coronavirus and Rio Tinto in focus

The market spotlight will shine bright on all things related to the Chinese coronavirus due to a dearth of regularly scheduled economic reports in all the main geographies.

25 Feb
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London close: Stocks extend losses as strategists balk at 'buying the dip'

London stocks finished lower again on Tuesday, as investors continued to digest the latest developments around the spreading global outbreak of the Covid-19 strain of coronavirus.

25 Feb
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Pollen Street Secured Lending jumps after approach from Waterfall Asset Management

Pollen Street Secured Lending's (PSSL) shares bolted higher after the investment trust specialising in peer-to-peer lending and corporate loans announced that it had received an all-cash takeover approach at 900. 0p.

25 Feb
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Director dealings: Moneysupermarket chair ups stake

Moneysupermarket revealed on Tuesday that chairman Robin Freestone had purchased 40,000 ordinary shares in the FTSE 250-listed price comparison business.

25 Feb
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Broker tips: SIG, Dalata, Tesco

Canaccord Genuity has slashed its price target on SIG, arguing that the British building materials group is currently "uninvestable".

25 Feb
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HSBC set to close 27 more UK branches in 2020

HSBC expects another wave of closures in the UK with 27 branches confirmed for the cut as more customers turn to online and mobile banking.

25 Feb
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EU demands UK maintain chlorinated chicken ban or risk no trade deal

The EU will include a clause in the Brexit trade deal negotiations demanding that the UK maintain a ban on chlorinated chicken or risk a no-deal Brexit.

25 Feb
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FTSE 250 movers: Takeover approach boosts Pollen Street; SIG gets taken apart

London’s FTSE 250 was down 1. 82% at 20,732. 88 in afternoon trade on Tuesday amid continued coronavirus concerns and as some Chinese cities announced restrictions on travellers from Japan and South Korea, while the UAE suspended flights from Iran.

25 Feb
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Oracle Power notes high-level meetings over Thar desert projects

Oracle Power updated the market on a meeting held in Karachi, Pakistan on 21 February on Tuesday, where the chief minister of the province of Sindh, Syed Murad Ali Shah, met with the chairman of the China-Pakistan Economic Corridor (CPEC) authority, Lieutenant General Asim Saleem Bajwa.

25 Feb
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FTSE 100 movers: Coronavirus fears hit AB Foods, Prudential gains on Third Point talks

The FTSE 100 was in the red in afternoon trading on Tuesday, as investors continued to digest the latest developments around the spreading global outbreak of the Covid-19 strain of coronavirus.

25 Feb
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US open: Losses continue as coronavirus remains in focus

US stocks recorded some more losses at the open as market participants' hopes for some positive headlines after the previous session saw both the Dow Jones and Nasdaq Composite record their worst trading sessions in two years were dashed.

25 Feb
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US house prices bound past forecasts in December

US house price gains picked up more strongly than expected at the end of 2019.

25 Feb
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Expect BT dividend cut in 2021, Jefferies says

BT is likely to cut its dividend by 30% from 2021 to reduce debt and help clinch favourable full-fibre broadband (FTTP) regulation, Jefferies analysts said.

25 Feb
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Itaconix gets another order for 'CHT 122' detergent ingredient

Itaconix has received its first order from a second European customer for its ‘CHT 122’ bio-based detergent ingredient, it announced on Tuesday.

25 Feb
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Last minute festive shopping spree boosts Macy's

A strong run up to Christmas helped Macy’s beat fourth-quarter forecasts, the American US department store chain confirmed on Tuesday.

25 Feb
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Katoro shares rise on progress at new joint venture

Gold and nickel exploration and development company Katoro Gold updated the market on its progress and financing at the Blyvoor joint venture, which is the near-term gold production opportunity it announced on 30 January.

25 Feb
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Tesco is a cash compounder, Shore Capital says

Tesco is a cash compounder that values capital discipline over growth after selling its Chinese stake and other overseas interests, Shore Capital said.

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Important Legal Notice about News Sources

Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news articles and we may not share the views of the author or publisher.

We provide third party news for your convenience and information only and make no representation or endorsement whatsoever and hereby exclude all liability for any loss or damage that may be incurred by you as a result of your access or use. Please note that third party content may be subject to terms and conditions imposed by the third party owner of that content.