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08 Jul
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UK imposes sanctions on Russians and Saudis over 'blood money' laundering

Britain imposed sanctions on 25 Russians and 20 Saudis on Monday as part of post-Brexit measures that were aimed at cracking down on the laundering of “blood money”.

07 Jul
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Deutsche Bank hit with $150m fine for compliance lapses with Jeffrey Epstein

Authorities in the US slapped a multi-million dollar fine on Deutsche Bank for not properly monitoring its relationship with convicted sex offender Jeffrey Epstein.

07 Jul
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Europe close: Stocks pare losses despite downbeat growth forecasts

Stocks in Europe managed to pare their losses towards the end of trading despite the European Commission downgrading its growth forecasts and the still worrisome headlines around the coronavirus pandemic out of the US.

07 Jul
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London close: Stocks finish weaker as EC slashes forecasts

London stocks closed well below the waterline on Tuesday, as the European Commission slashed its growth forecasts, with concerns about a rise in new coronavirus cases continuing to weigh on sentiment.

07 Jul
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Coca Cola HBC appoints Naya Kalogeraki as COO

Coca-Cola HBC AG named Naya Kalogeraki to the newly-created role at the firm of chief operating officer.

07 Jul
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GSK partners with Canada's Medicago to develop plant-based Covid-19 vaccine

GlaxoSmithKline has teamed up with Canada's Medicago to develop a vaccine which its hopes will be ready for use in the first half of 2021.

07 Jul
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Director dealings: Polymetal director makes share purchase

Polymetal International revealed on Tuesday that non-executive director Italia Boninelli had purchased 1,446 shares in the FTSE 100-listed precious metals mining group.

07 Jul
uk chancellor rishi sunak
Wednesday preview: Chancellor's summer economic update in focus

The focus in financial markets will be on the Chancellor, Rishi Sunak, as he delivers his summer economic update.

07 Jul
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Shake Shack misses out on $3.2m of sales in June

US fast-food chain Shake Shack warned on Tuesday that it had missed out on around $3. 2m in sales as a result of curfews stemming from nationwide protests during June.

07 Jul
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US job openings comfortably ahead of forecasts in May, survey shows

Job openings in the US continued to recover in May but remained far below their year earlier levels, the results of a widely-followed survey revealed.

07 Jul
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Broker tips: LondonMetric, GVC, Hikma Pharmaceuticals

Analysts at Liberum raised their target price on British property company LondonMetric from 180. 0p to 210. 0p on Tuesday, stating the group's valuation was supported by a 4. 0% dividend yield.

07 Jul
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Seeing Machines welcomes US bill, plays down Europe delay

Computer vision technology company Seeing Machines was upbeat on news from the United States on Tuesday, after the passage of the 'Moving Forward Act' in the House of Representatives.

07 Jul
hikma drugs generics
Morgan Stanley upgrades Hikma to 'overweight'

Morgan Stanley upgraded Hikma Pharmaceuticals to 'overweight' and upped its price target on the company's shares because the market is undervaluing the launch of two drugs.

07 Jul
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Frontier IP investment Celerum subcontracted by PlanSea Solutions

Intellectual property specialist Frontier IP announced on Tuesday that its portfolio company, Celerum, has been subcontracted to support software development for Aberdeen-based PlanSea Solutions.

07 Jul
micro focus
FTSE 250 movers: Micro Focus tumbles; Plus500 rallies

London’s FTSE 250 was down 1. 2% at 17,340. 80 in afternoon trade on Tuesday.

07 Jul
wall street
US open: Mixed start to trading following Monday's strong rally

Wall Street stocks opened mixed on Tuesday following a strong rally seen during the previous session.

07 Jul
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River Island to axe 250 jobs - report

River Island has become the latest high street name to warn of imminent job losses, it was reported on Tuesday.

07 Jul
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Deutsche raises GVC price target, predicts positive trading update

Deutsche Bank raised its price target for GVC shares and said the gambling company's trading statement on 16 July should bring positive news.

07 Jul
standard life aberdeen sla
Berenberg hikes target price on Standard Life Aberdeen

Analysts at Berenberg raised their target price on global investment company Standard Life Aberdeen from 190. 0p to 275. 0p on Tuesday, stating that recent management changes held the potential to drive a "change in strategy".

07 Jul
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Canaccord hikes target for Intermediate Capital Group, spies bottom in fund flows

Analysts at Canaccord Genuity hiked their target price for shares of Intermediate Capital Group, arguing that investors' focus on losses on the Investment Co. side of the business.

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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.