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29 Jun
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Calisen to axe 250 jobs in Lowri Beck restructure

Calisen said it was cutting 250 jobs as part of a restructuring of its Lowri Beck business unit as it dealt with a halt to smart meter installations during the coronavirus lockdown.

18 Jun
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Europe close: Stocks finish with modest losses

Stocks finished the Thursday session with moderate losses after the Bank of England opted for a less aggressive easing stance than some market participants had been hoping for.

18 Jun
Taylor Wimpey housing
London close: Markets finish weaker as BoE expands bond-buying

London stocks clawed back some earlier losses during the afternoon on Thursday, but still closed weaker as the Bank of England expanded its bond-buying programme.

18 Jun
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Director dealings: Just Group CEO makes share sale

Just Group revealed on Thursday that chief executive David Richardson had disposed of 122,984 ordinary shares in the FTSE 250-listed financial services group.

18 Jun
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Broker tips: William Hill, Asos

Analysts at Canaccord Genuity downgraded bookmaker William Hill to 'sell' from 'hold' on Thursday, stating execution risks still remained despite the group's £224m placing "significantly" repairing its balance sheet.

18 Jun
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Friday preview: UK retail sales, EU leaders' summit in focus

Markets' focus at the end of the week will be on the latest UK retail sales data, covering the month of May.

18 Jun
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Hutchison Chi-Med gets FDA fast track approval for fruquintinib

Hutchison China MediTech, trading as ‘Chi-Med’, announced on Thursday that the US Food and Drug Administration (FDA) has granted ‘fast track designation’ for the development of ‘fruquintinib’.

18 Jun
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Duke Royalty puts another £2.3m into Welltel Ireland

Alternative capital provider Duke Royalty announced a follow-on investment of £2. 3m into its existing royalty partner, the Dublin-headquartered telecoms, IT and network specialist Welltel Ireland, on Thursday.

18 Jun
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CMA chair Tyrie quits to speak out for reform

Andrew Tyrie has stepped down as chairman of the Competition and Markets Authority just two years after he was appointed, saying he wanted greater freedom to push for reform.

18 Jun
FTSE 250 movers: Helios Towers hit by stake sale; TP ICAP boosted by upgrade

London’s FTSE 250 was down 0. 3% at 17,525. 81 in afternoon trade on Thursday.

18 Jun
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Philly Fed index soars past forecasts in June

A key gauge of manufacturing sector conditions in the US mid-Atlantic region shot back in June, soundly beating economists' forecasts.

18 Jun
wall street
US open: Stocks mostly flat following jobless data

Wall Street stocks were mostly flat at the bell on Thursday as market participants digested the latest developments in the Covid-19 pandemic and this week's jobless data.

18 Jun
Taylor Wimpey housing 285
FTSE 100 movers: Taylor Wimpey loses ground; Prudential rallies

London’s FTSE 100 was down 0. 6% at 6,216. 24 in afternoon trade on Thursday.

18 Jun
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Canaccord downgrades William Hill to 'sell'

Analysts at Canaccord Genuity downgraded bookmaker William Hill to 'sell' from 'hold' on Thursday, stating execution risks still remained despite the group's £224m placing "significantly" repairing its balance sheet.

18 Jun
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IP Group day-to-day operations 'largely unaffected' by Covid-19

Intellectual property business IP Group said on Thursday that its day-to-day operations had been largely unaffected by the Covid-19 pandemic so far this year.

18 Jun
asos
Asos back in fashion as Credit Suisse ups price target

Credit Suisse has upped its target price for Asos on expectations for an improved sales performance in the second half.

18 Jun
NetScientific's PDS investment signs deal for Covid-19 vaccine

NetScientific said one of its portfolio companies had signed a deal to speed up development of a potential Covid-19 vaccine.

18 Jun
fed-reserve-federale-americaine
Initial weekly US jobless claims fall only slightly

Joblessness in the US continued retreating last week, but only just.

18 Jun
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Europe midday: Stocks drop as BoE and Norges Bank surprise, US Covid cases mount

Stocks were trading lower in early afternoon trading after the Bank of England opted for a less aggressive stance than some market participants had been hoping for.

18 Jun
bank of england
BoE ups QE by £100bn, highlights job fears

The Bank of England left interest rates unchanged and increased purchases of government bonds by £100bn as it said the economy appeared to be picking up more quickly than expected from the Covid-19 lockdown.

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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.