Latest News
15 May
drax biomass train
JP Morgan cuts Drax target price but says shares are 'oversold'

Analysts at JP Morgan reiterated their 'overweight' stance on shares of Drax, telling clients that markets were apparently discounting too steep a drop in wholesale electricity power prices and overlooking the company's resilience in the face of the Covid-19 pandemic.

15 May
M&S, fashion, marks & Spencer
New M&S clothing boss Price to arrive in July

Marks & Spencer said Richard Price would arrive from Tesco in July to revive its clothing business almost eight months after his appointment was announced.

14 May
New York Stock Exchange, NYSE, markets, Wall Street
US close: Wall Street stages massive turnaround as bank stocks surge

US stocks closed higher on Thursday on a solid performance from bank shares and climbing oil prices helped offset another dire jobless report.

14 May
ep imagen de recurso de trabajadores de laboratorio en busca de una vacuna contra el coronavirus
Europe close: Stocks finish sharply lower amid losses for insurance and auto firms

Stocks finished deep in the red amid media coverage of warnings from multiple hedge fund bosses over preceding days who said that stocks around the world were overextended and ripe for a correction.

14 May
la-chine-rend-hommage-aux-milliers-de-morts-de-l-epidemie
Friday preview: China data, William Hill in focus

The economic calendar for the last session of the week is brimming with top-tier economic releases from all the major jurisdictions outside of the UK.

14 May
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Director dealings: Oxford BioDynamics chair ups stake

Oxford BioDynamics revealed on Thursday that interim chairman Stephen Diggle had acquired 30,000 ordinary shares in the AIM-listed biotechnology firm via his interest in Vulpes Testudo Fund.

14 May
barratt developments, housing, house, build, bdev
London close: Stocks fall amid second-wave virus concerns

London stocks finished well into the red on Thursday, as markets were gripped by worries about a second wave of coronavirus infections and a global recession.

14 May
ti fluid systems
TI Fluid's £27m dividend ditched after Bain opposes

TI Fluid Systems' shareholders will miss out on a £27m dividend after the company's US majority shareholder voted against the payout because TI has furloughed and cut the pay of workers.

14 May
ep logo del banco hsbc
Broker tips: Greencore, Sage, HSBC

Shares of Irish convenience food group Greencore slumped on Thursday as Jefferies downgraded the stock to ‘hold’ from ‘buy’ and slashed the price target to 165p from 235p.

14 May
ep investigadoras en un laboratorio
Mercia's Medherant investment partners with Cycle Pharmaceuticals

Specialist regional asset manager Mercia Asset Management announced on Thursday that transdermal drug delivery company Medherant, in which it holds a 30. 1% direct stake, has entered into a partnership with Cycle Pharmaceuticals to develop new products using Medherant's proprietary ‘TEPI Patch’ technology.

14 May
ep usuaria con telefono movil smartphone
Bango signs 'significant' deal with global telecoms provider

Mobile commerce company Bango has signed a “significant”, multi-year platform agreement with an unnamed “major” global telecoms provider, it announced on Thursday.

14 May
Stagecoach bus, transport
FTSE 250 movers: Sirius Real Estate rallies; transport operators slide

London’s FTSE 250 was down 3. 2% at 15,370. 96 in afternoon trade on Thursday.

14 May
housebuilder building construction
FTSE 100 movers: 3i rallies on results; housebuilders slump

London’s FTSE 100 was down 3. 3% at 5,710. 02 in afternoon trade on Thursday.

14 May
coronaviruscbconstruccion
Government spending to soar as furlough scheme is extended - OBR

Government plans to support workers and businesses through the Covid-19 outbreak could cost more than £123bn, the budget watchdog said on Thursday, after the furlough scheme was extended until the end of October.

14 May
wall street
US open: Stocks slide on Powell's warning and jobless figures

US stocks recorded heavy losses on Thursday as market participants digested an economic warning from Federal Reserve head Jerome Powell and another dire jobless report.

14 May
ep investigador laboratorio 20200428104615
ImmuPharma shares surge on Covid-19 potential

Specialist drug discovery and development company ImmuPharma updated the market on activities around Covid-19 on Thursday, having expanded its pipeline in late March to include three new 'anti-infective' programmes, one of which was in antivirals.

14 May
direct line
Direct Line gets female top duo as Gray becomes chair

Direct Line has appointed non-executive director Danuta Gray as chair in a move that puts women in the top two jobs at the FTSE 250 insurer.

14 May
edgar test 10
React Group wins incremental contract from existing rail customer

Specialist cleaning, hygiene and decontamination company React Group has been awarded a contract to provide specialist deep cleaning services on a regular basis to one of its tier-1 rail sector customers, it announced on Thursday.

14 May
coins currency investment insurance business finance company
Mark Garrett signs on as new COO at Ceres Power

Fuel cell technology company Ceres Power Holdings announced the appointment of Mark Garrett as its chief operating officer on Thursday, joining the executive management board, from 10 August.

14 May
greencore meals jobs employment
Greencore tumbles on Jefferies downgrade

Shares of Irish convenience food group Greencore slumped on Thursday as Jefferies downgraded the stock to ‘hold’ from ‘buy’ and slashed the price target to 165p from 235p.

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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.