Latest News
21 Apr
playstation portada
Canaccord Genuity reiterates 'buy' rating on Sumo Group

Analysts at Canaccord Genuity reiterated their 'buy' rating on video games developer Sumo Group on Tuesday but noted that while demand had strengthened as a result of the Covid-19 pandemic, the outbreak had impacted recruitment.

21 Apr
petrole-puits-h310-p-24-texas-nouveau-mexique-schiste 20200326125215
Europe close: Stocks drop sharply amid oil price rout

Stocks on the Continent finished sharply lower as investors tried to fathom what might lie in store next for oil markets following another day of sharp losses.

21 Apr
fever-tree, beverage, drinks, tonic water, fizzy, pop,
Wednesday preview: US oil inventories, Fevertree in focus

Investors' focus on Wednesday will remain firmly on the oil patch where the US Department of Energy will release its weekly inventory statistics.

21 Apr
le-benefice-de-bp-baisse-moins-que-prevu
London close: Stocks close lower as oil price rout continues

London stocks finished well into the red at the close on Tuesday, after oil prices slid into negative territory, with energy and mining issues under the cosh.

21 Apr
John Lewis, retail
John Lewis furloughs 14,000 staff and slashes millions from spending plans

John Lewis announced it is furloughing 14,000 staff and slashing hundreds of millions of pounds from its spending plans for 2020 after predicting that store sales could fall by a third amid the ongoing coronavirus crisis.

21 Apr
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Director dealings: Cluff CEO ups stake

Cluff Natural Resources revealed on Tuesday that chief executive Graham Swindells had acquired 600,000 ordinary shares in the AIM-listed exploration group.

21 Apr
wetherspoon liberty bounds
Broker tips: Croda, JD Wetherspoon, Sumo Group

Croda appears on track to pay its 2019 dividend despite the Covid-19 crisis, Liberum said as the broker raised its recommendation on the company's shares to 'buy' and increased its target price.

21 Apr
ep wizz air 20170621155902
FTSE 250 movers: Wizz flies higher; energy shares decline

London’s FTSE 250 was down 2. 3% at 15,453. 89 in afternoon trade on Tuesday.

21 Apr
edgar test 10
Barkby signs sleep device deal with Cambridge Sound Technologies

Barkby Group division Barkby Life Sciences has signed an agreement with Cambridge Sound Technologies UK, it announced on Tuesday, for the exclusive design of, and acquisition of the intellectual property rights related to, a device to improve and facilitate natural sleep.

21 Apr
coronavirus-trump-suspend-le-financement-de-l-oms
Trump calls for relief for US oil and gas industry, OPEC calls meeting

US President Donald Trump reiterated his support for America's oil and gas industry on Tuesday, saying his administration was working on relief measures for the sector.

21 Apr
roche se voit confronte a une nouvelle concurrence
Roche gets FDA approval to expand use of HPV test

Roche said on Tuesday that it had received approval from the US Food and Drug Administration (FDA) for the ‘cobas’ human papillomavirus (HPV) test, for use on the fully automated, high-throughput cobas 6800/8800 systems.

21 Apr
oilfield
Pantheon cuts salaries as it continues to seek Alaska farm-out partner

East Texas and Alaska Slope-focussed oil and gas exploration company Pantheon Resources updated the market on Tuesday, saying that in response to recent global events that had negatively affected its sector’s outlook, it was reviewing its entire business to reduce non-essential costs.

21 Apr
coins currency investment insurance business finance company
GlobalData defers dividend as it assesses Covid impact

GlobalData said on Tuesday that it was monitoring the evolving Covid-19 coronavirus pandemic, and said its priority was the health and safety of its staff, clients and wider stakeholders, while continuing to operate and provide clients with real-time data, analytics, and insight to help them navigate through the current uncertain times.

21 Apr
meggitt brake
Citi stays at 'buy' on Meggitt, says market too downbeat on long-term prospects

Analysts at Citi reiterated their 'buy' recommendation for shares of aerospace and defence subsystems manufacturer Meggitt, telling clients that markets were too downbeat on long-term growth in the sector and the company's competitive position.

21 Apr
shell-voit-une-hausse-du-dividende-et-des-investissements-apres-2020
Pharos pulls out of possible Shell Egypt acquisition

Pharos Energy updated the market on the potential acquisition of Shell’s portfolio in Egypt’s Western Desert on Tuesday, reporting that it no longer had any intent to go ahead with a transaction.

21 Apr
edgar test 10
Titon restarts 'limited scale' production at Haverhill

Window, door and ventilation systems manufacturer Titon Holdings announced on Tuesday that limited scale production was occuring at its factory in Haverhill, Suffolk.

21 Apr
bank of england
First half likely to be 'very ugly', warns BoE chief economist

The Bank of England’s chief economist Andy Haldane believes Covid-19 has already caused the UK’s economy to shrink, with a further, sharper contraction likely as the first half continues.

21 Apr
coins currency investment insurance business finance company
Severfield draws down credit facility amid pandemic

Structural steel company Severfield updated the market on its trading on Tuesday, following the end of its financial year on 31 March.

21 Apr
1559140655 house
Existing US home sales fall below forecasts in March

Activity in the US housing market slowed a bit more quickly than expected last month led by a big drop in sales in the West.

21 Apr
wall street
US open: Stocks head south as oil sell-off enters second day

US stocks opened lower for a second straight session on Tuesday as this week's historic oil sell-off showed no signs of slowing down.

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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.