Latest News
UK quarantine rules start amid row as airlines start legal action
The UK's contentious 14-day coronavirus quarantine rules took effect on Monday as three major airlines started legal action to have the measures overturned, claiming they were illogical.
BAT warns of Covid-19 sales hit but commits to dividend payout
British American Tobacco lowered full year guidance as coronavirus travel bans and lockdowns in South Africa, Mexico and Argentina hammered sales.
Europe close: Stocks finish on a mixed note as investors pause for breath
Stocks across the Continent finished on a mixed note but off their session lows on Monday, led by gains for banks and in the oil patch, even as the World Bank forecast the biggest contraction in global GDP in per capita terms since the end of the Second World War.
World Bank forecasts 5.2% drop in global GDP for 2020
World Bank staff now anticipate the sharpest drop in global GDP per capita since 1945.
Tuesday preview: US jobs data, Aveva in the spotlight
Financial markets' focus will continue to be on the US jobs market in the run-up to the Federal Reserve's policy meeting scheduled for the next day.
London close: Stocks turn red in late trading
London stocks dipped back below the waterline to close weaker on Monday, having earlier been boosted by a solid performance from the travel sector.
Broker tips: JD Sports, Premier Oil, AstraZeneca
RBC Capital Markets downgraded its stance in shares of JD Sports to ‘underperform’ from ‘sector perform’ on Monday as it argued that "strong recovery prospects are less certain".
Director dealings: Benchmark Holdings chairman ups stake
Benchmark Holdings revealed on Monday that chairman Peter George had acquired 600,000 ordinary shares in the AIM-listed veterinary services company.
Audioboom joins Triton podcast reports
Podcast production and distribution company Audioboom has joined the ‘Triton Digital Podcast Reports’, it announced on Monday, ranking as sixth out of the top 15 US podcast networks, based on average weekly downloads and average weekly users.
JP Morgan stays at overweight on AstraZeneca following merger rumours
JP Morgan has reiterated its ‘overweight’ rating on AstraZeneca, following reports that the drugs manufacturer was mulling a possible merger with US rival Gilead Sciences.
US open: Dow continues to rally amid growing optimism around reopening of economy
Wall Street trading began on a mixed note on Monday as stocks attempted to build upon last week's sharp gains.
DX opens larger centre in Ipswich
Delivery company DX has launched a new centre in Ipswich, it announced on Monday, as part of its plans to grow its express delivery services in East Anglia.
Lookers to miss deadline for 2019 results, shares to be suspended
Beleaguered car dealer Lookers said on Monday that its shares are likely to be suspended from trading in July as it still needs more time to publish its annual accounts.
Plus500 revenue slashed as clients win on Covid-19 volatility
Contracts-for-difference platform Plus500 said second quarter income more than halved clients cashed in on coronavirus-related market volatility.
Surface Transforms wins £5m contract with Koenigsegg
Carbon fibre-reinforced ceramics company Surface Transforms has been selected as the tier one sole supplier of carbon ceramic brake discs on the recently-launched ‘Koenigsegg Gemera’ vehicle, it announced on Monday.
FTSE 250 movers: Pub groups fizz higher; Plus500 retreats
London’s FTSE 250 was up 0. 1% to 18,254. 06 in afternoon trade on Monday.
Opec+ extends production curbs for third month
The Organisation of Petroleum Exporting Countries and its allies have extended their historic production curbs for another month, following a meeting over the weekend.
Berenberg bumps up target price on Premier Oil
Analysts at Berenberg slightly raised their target price on exploration and production group Premier Oil from 30. 0p to 40. 0p on Monday, stating revised terms to the firm's proposed acquisition of assets from BP would benefit the company's overall net asset value.
FTSE 100 movers: Travel stocks gain; JD Sports hit by downgrade
London’s FTSE 100 was up 0. 4% at 6,507. 99 in afternoon trade on Monday.
EasyJet warns of further job losses under quarantine plan
EasyJet has warned of more job losses in the aviation industry if the UK's quarantine plans last longer than expected.
Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.