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03 Jun
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Forterra to cut 225 jobs and mothball manufacturing site

Forterra said it would cut about 225 jobs and mothball a manufacturing site because of reduced demand caused by the Covid-19 crisis.

02 Jun
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US close: Stocks close higher as investors remain optimistic about reopening economy

US stocks closed higher on Tuesday as market participants remained optimistic about the reopening of the US economy despite a wave of civil unrest spreading across the country.

02 Jun
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Europe close: Stocks jump amid stimulus news, optimism on lockdowns

Stocks across the Continent extended their advance to near three-month highs with German issues leading the pack on the back of talk that a second round of stimulus spending was in the works.

02 Jun
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London close: Stocks finish higher as lockdown easing optimism continues

London stocks closed in the green on Tuesday, maintaining their gains through the afternoon amid optimism over lockdown easing.

02 Jun
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Director dealings: Schroders CFO offloads shares

Schroders revealed on Tuesday that chief financial officer Richard Keers had disposed of 22,021 ordinary shares in the FTSE 100-listed investment manager.

02 Jun
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Broker tips: Tui, Gym Group

Analysts at Berenberg downgraded their recommendation for the world's largest travel and tourism group Tui to 'sell' from 'hold' on Tuesday, stating the firm was experiencing "tough times" in the "shadow of summer sun".

02 Jun
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Wednesday preview: US jobs data, Wizz Air in focus

Market participants' focus on Thursday will be on the jobs market on either side of the Pond, together with readings on services sector activity in the Eurozone and UK.

02 Jun
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Boku expands identity services reach to 51 countries

Mobile carrier commerce provider Boku updated the market in its global coverage for mobile identity services on Tuesday, reporting that it was now operating mobile identity verification capabilities in more than 50 countries.

02 Jun
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French finance minister vows not to raise taxes

France's finance minister vowed not to pursue higher taxes to finance the emergency response to the Covid-19 crisis, saying that the country would instead continue to focus on raising the rate of economic growth.

02 Jun
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Volkswagen and Argo AI finalise $2.6bn deal

Volkswagen Group finalized on Tuesday its $2. 6bn investment in Argo AI, a Pittsburgh-based self-driving car startup.

02 Jun
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Moneygram shares surge on news of potential Western Union acquisition

MoneyGram International shares were in the green following the bell on Tuesday after news broke that financial services giant Western Union was looking to acquire the firm.

02 Jun
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Tuesday broker round-up

TUI: Berenberg downgrades to sell with a target price of 350p.

02 Jun
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EasyJet to restart flights on 75% of routes by end of summer

EasyJet has unveiled plans to resume flying this summer, with up to three quarters of its flight network expected to be operational by the end of August.

02 Jun
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Blancco signs service deal with Aon Group division

Data erasure and mobile device diagnostics company Blancco Technology Group has entered into a multi-year master service agreement (MSA) with a division of professional services firm Aon Group, it announced on Tuesday.

02 Jun
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Recovery in membership could lift Gym Group to 400.0p, Barclays says

Analysts at Barclays reinstated coverage of Gym Group with a recommendation to 'overweight', highlighting to clients the group's gearing to a recovery.

02 Jun
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FTSE 100 movers: Meggitt rallies; Tesco in the red

London’s FTSE 100 was up 0. 8% at 6,217. 41 in afternoon trade on Tuesday.

02 Jun
wall street
US open: Dow opens higher despite civil unrest and trade tensions

Wall Street trading began on a mostly positive note on Tuesday as market participants remained optimistic about the reopening of the US economy despite a wave of civil unrest spreading across the country.

02 Jun
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FTSE 250 movers: Hammerson heads higher; Provident loses ground

London’s FTSE 250 was up 1. 2% at 17,479. 98 in afternoon trade on Tuesday.

02 Jun
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Statistics chief criticises Covid-19 test figures

The UK's chief statistician has criticised the government for presenting misleading and unclear figures about its progress on testing for Covid-19.

02 Jun
ep el ministro de asuntos exteriores aleman heiko maas
Germany may downgrade travel restrictions to EU and other associated countries

Germany may downgrade existing travel restrictions to European Union member countries and other associated ones as soon as the current week.

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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.