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06 May
New York Stock Exchange, NYSE, markets, Wall Street
US close: Mixed performance on the Street following dismal payroll figures

Major US indices turned a mixed performance on Wednesday, bringing an end to a rally that started on Monday following some dismal payroll figures.

06 May
cineworld
Broker tips: Hiscox, Cineworld

Jefferies upgraded its stance on shares of Hiscox to ‘buy’ from ‘hold’ after the insurer announced late on Tuesday that it was launching an equity placing.

06 May
hammerson les 3 fontaines cergy
FTSE 250 movers: Property stocks, oilers pace declines

Property development stocks and oilers led the second-tier index lower on Wednesday, partially offset by gains for insurers.

06 May
ep test rapidos para detectar el coronavirus
Europe close: Shares slip amid dire economic data

Stocks across the Continent finished the session lower as traders assessed the competing forces bearing down on the euro area and governments tried to strike a balance between easing lockdowns and public health concerns.

06 May
EE mobile everything everywhere BT Group
Thursday preview: BoE, BT Group in focus

Financial markets' focus on Thursday will be on the Bank of England as rate-setters at the Old Lady on Threadneedle Street announce their latest monetary policy decisions.

06 May
ocado jobs work employment
London close: Benchmark keeps head above water after dire US jobs report

London’s benchmark managed to close just above the waterline on Wednesday, despite the release of dire UK construction figures, as investors digested a dire private sector jobs report from the United States.

06 May
heathrow
Heathrow to start Covid-19 detection trials

Heathrow airport is set to kick off trials for technology aimed to screen passengers and workers at airports to detect Covid-19 and prevent its further transmission.

06 May
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Director dealings: Sigma Capital's new chair snaps up shares

Sigma Capital revealed on Wednesday that chairman Ian Sutcliffe had purchased 760,000 ordinary shares in the property investment firm.

06 May
ep uber considera espanamercado clave a pesarlas nuevas regulaciones
Uber to cut 3,700 jobs as revenues decimated by Covid-19 crisis

Uber announced on Wednesday it would cut 14% of its total workforce, amounting to 3,700 layoffs, due to the negative impact of the coronavirus on its revenues.

06 May
ep cineworld
Canaccord slashes target price on Cineworld

Analysts at Canaccord Genuity slashed their target price on theatre operator Cineworld from 270. 0p to 140. 0p on Wednesday but said the group could very well represent a "surprise recovery play".

06 May
ep test rapidos para detectar el coronavirus
Europe midday: Stocks mixed as investors assess costs of pandemic, record economic slump

Stocks across the Continent were trading on a slightly mixed note at the middle of the week as traders assessed the competing forces of governments trying to ease lockdowns while not incurring in further fatalities even as the latest economic laid bare one of the sharpest economic downturns ever.

06 May
cboro 54 sh1
Cora Gold announces first results from Madina Foulbe drilling

West Africa-focussed Cora Gold announced the first set of results received from the 2,000 metre reverse circulation drill programme at the Madina Foulbé Permit on Wednesday.

06 May
ep instalacion de energia solar fotovoltaica
Ncondezi finalises relationship agreement with GridX

Ncondezi Energy has finalised a binding agreement with GridX Africa Development for a pipeline of solar and battery storage projects in the commercial and industrial (C&I) sector, it announced on Wednesday.

06 May
water tap agua fawcet
Integumen completes first batch of reagent for Modern Water

Integumen announced completion of the first batch of reagent for Modern Water on Wednesday, reporting that shipment had started to meet the back-orders and growing demand for water contamination detection bacteria from existing clients.

06 May
ITV, broadcasting
FTSE 100 movers: ITV rallies after update; easyJet flies lower

London’s FTSE 100 was up 0. 5% at 5,880. 43 in afternoon trade on Wednesday.

06 May
accrol toilet paper
Accrol ends year with decent final quarter

Tissue products company Accrol said on Wednesday that it continued to perform “well” in its final quarter, achieving accelerating monthly exit run-rates in line with its expectations.

06 May
coins currency investment insurance business finance company
ULS Technology ends year in line with expectations

Conveyancing and financial intermediary software company ULS Technology said on Wednesday that it was expecting financial results for the year ended 31 March to be in line with market expectations.

06 May
wall street
US open: Mixed start to trading following ADP report

Major US indices turned a mixed performance at the bell on Wednesday, putting at risk a rally that started on Monday following some dismal payroll figures.

06 May
ep test rapidos para detectar el coronavirus
Euro area economy shrank at record pace in April, PMIs show

Economic activity fell at a record pace across the euro area last month, the results of a closely followed survey demonstrated.

06 May
US private sector payrolls see record slump in April

Private sector employment in the US suffered its worst monthly fall on record in April amid the coronavirus outbreak, according to the latest figures from ADP.

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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.