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11 May
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Tuesday preview: US CPI, Vodafone in focus

The focus on Tuesday will shift to inflation, with updates on consumer prices due for release on both sides of the Pacific.

11 May
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FTSE 250 movers: Petropavlovsk shares continue climb, Trainline remains range-bound

London's second-tier index edged higher by 0. 14% to 16,271. 49, led by gains for prepared food specialist Bakkavor, alongside a jump in stock of Petropavlovsk.

11 May
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Europe close: Stocks slip as some investors question staying power of risk rally

Stocks started the week lower as some investors questioned the apparent disconnect between stocks and the economy, even as they monitored the latest news on the pandemic front.

11 May
virgin-galactic
Richard Branson to sell up to $500m-worth of Virgin Galactic shares

Virgin Group founder and billionaire Sir Richard Branson is preparing to sell up to $504. 5m worth of his stake in Virgin Galactic.

11 May
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London close: Stocks finish marginally higher, airlines descend

London stocks closed just above the waterline on Monday, after a choppy session in which investors tried to make sense of the easing of lockdown measures in the UK, while a poor showing in the airline sector weighed.

11 May
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Director dealings: WPP non-executive director snaps up shares

WPP revealed on Monday that non-executive director Sandrine Dufour had acquired 15,000 ordinary shares in the FTSE 100-listed media agency.

11 May
Broker tips: Spire, Ocado, EasyJet, IAG, Carnival

RBC Capital Markets downgraded its stance on shares of private hospital group Spire Healthcare to ‘sector perform’ from ‘outperform’ on Monday as it argued that near-term uncertainties remain.

11 May
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OptiBiotix agrees distribution deal in Taiwan

OptiBiotix Health has entered into a distribution agreement for its ‘SlimBiome’ product with Maxcare, it announced on Monday.

11 May
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Hold on for inflation equities trade, JP Morgan says

Equity investors should not worry about inflation for the time being despite central banks unleashing monetary policy, JP Morgan said.

11 May
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Distribution Finance agrees waiver terms with lenders

Distribution Finance updated the market on talks with its lenders on Monday, having looked for a temporary waiver amid the ongoing Covid-19 coronavirus pandemic.

11 May
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UK's Johnson under fire over lockdown easing plan 'chaos'

The UK government's plan to ease coronavirus lockdown restrictions faced criticism on several fronts on Monday as ministers scrambled to clarify measures outlined by the prime minister in his televised Sunday address to the nation.

11 May
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Vast Resources appoints general manager to Baita Plai

Vast Resources updated the market on progress at its Baita Plai polymetallic mine in Romania on Monday, announcing the hire of Adrian Badita as general manager at the mine, reporting to chief operating officer Craig Harvey.

11 May
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FTSE 100 movers: EasyJet flies lower; Hargreaves Lansdown boosted by upgrade

London’s FTSE 100 was down 0. 2% at 5,922. 08 in afternoon trade on Monday as earlier hopes over lockdown easing faded.

11 May
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Europe midday: Stocks drop as some investors question rally

Stocks are trading sharply lower at the start of the week, with investors debating what some said was the divergent outlook for stocks and the economy even as governments across the Continent move to ease their lockdown measures against the pandemic.

11 May
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Buffets binned under TUI's reopening plan

TUI will scrap self-service buffets and require staff serving food and drink to wear masks under a plan for reopening its hotels from Covid-19 lockdowns.

11 May
wall street
US open: Dow records early losses over concerns of rushed reopening of economy

Wall Street stocks opened mostly lower on Monday as market participants became concerned that maybe the White House was pushing to reopen the nation's economy too soon.

11 May
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HSBC upgrades Carnival to 'buy'

HSBC upgraded shares of cruise operator Carnival to ‘buy’ from ‘hold’ on Monday as it highlighted early positive booking trends.

11 May
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Monday broker round-up

Diploma: Peel Hunt downgrades to hold with a target price of 1,650p.

11 May
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Morrisons cuts fuel prices to below £1 per litre

WM Morrison dropped petrol prices to a maximum of 99. 7p per litre across the UK on Monday, marking the first time the commodity has been sold for under £1 since February 2016.

11 May
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Italian industrial production plummets in March, worse possible in April

Industrial production in the euro area's third-largest economy shrank in March at a its quickest pace since at least 1990.

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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.