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20 Aug
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US close: Major indices end session higher as tech stocks shine

Wall Street stocks closed higher on Thursday as some major tech gains offset minutes from the Fed's latest meeting and an increase in initial unemployment claims that initially weighed on sentiment.

20 Aug
steel metal evraz
Europe close: Stocks slip as investors weigh outlook for US Fed policy

Stocks across the Continent are falling with some investors pointing the finger to the "calm and measured" stance adopted by US central bankers at their last policy meeting, as per the minutes of their deliberations released overnight, as the approximate cause of Thursday's move lower.

20 Aug
Antofagasta
London close: Stocks finish weaker amid Covid, economic concerns

London equity markets closed weaker on Thursday, after a gloomy economic outlook from the US Federal Reserve and amid concerns about rising coronavirus cases, with ex-dividend stocks pacing the decline.

20 Aug
Cranswick
Broker tips: M&G, Travis Perkins, Cranswick

Deutsche Bank downgraded its stance on shares of asset manager M&G to ‘hold’ from ‘buy’ on Thursday, cutting the price target to 195p from 210p as it argued that while first-half results were a positive surprise, underlying trends appear weak.

20 Aug
coins currency investment insurance business finance company
Fletcher King reports 'material adverse impact' of Covid crisis

Fletcher King updated the market on its trading on Thursday, reporting that the “huge” uncertainty and market dislocation caused by the Covid-19 pandemic was likely to have a material adverse impact on transaction-based fees such as investment deals, bank valuations and agreement of rating appeals.

20 Aug
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Director dealings: John Laing CEO makes share purchase

John Laing Group revealed on Thursday that chief executive Ben Loomes had acquired 85,278 ordinary shares in the FTSE 250-listed infrastructure group.

20 Aug
NHS
Inspiration Healthcare delivers £3m of NHS ventilator order

Inspiration Healthcare Group updated on the status of the delivery of ventilators on Thursday, as NHS demand for Covid ventilators looked to diminish.

20 Aug
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Active Energy raises £1.5m to advance Lumberton site

Biomass-based renewable energy company Active Energy has raised £1. 51m, it announced on Thursday, to advance its Lumberton site in the US.

20 Aug
sports direct, mike ashley
FTSE 250 movers: Rotork retreats; Frasers rallies

London’s FTSE 250 was down 0. 5% at 17,503. 26 in afternoon trade on Thursday.

20 Aug
Frasers Group sees higher 2021 earnings as FY profits fall 20%

Frasers Group forecast a 10-30% improvement in underlying core earnings next year as 2020 profits fell by a fifth due to the Covid-19 pandemic and warned of more store closures at the department store chain.

20 Aug
Cranswick
Barclays starts Cranswick at 'underweight'

Barclays initiated coverage on shares of food producer Cranswick at ‘underweight’ with a 3,500p price target on Thursday as it said it expects a slowdown ahead.

20 Aug
wall street
US open: Mixed start to trading following Fed minutes, jobless data

Wall Street stocks were mixed at the bell on Thursday as minutes from the Fed's latest meeting and an increase in initial unemployment claims weighed on sentiment.

20 Aug
coins currency investment insurance business finance company
Immedia Group raises £1.1m to repay short-term debt

Multimedia and digital specialist Immedia Group has conditionally raised £1. 1m, it announced on Thursday, to fund some debt as well as its general requirements.

20 Aug
antofagasta mining miner
FTSE 100 movers: Antofagasta falls on results; Ocado gets a boost

London’s FTSE 100 was down 1. 5% at 6,019. 24 in afternoon trade on Thursday.

20 Aug
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Wishbone Gold raises £0.4m to restart exploration at White Mountains

Precious metals trading and exploration company Wishbone Gold has raised £0. 4m before expenses, it announced on Thursday, which it said would enable it to restart exploration on the White Mountains Project.

20 Aug
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Philly Fed index slips slightly in August

Manufacturing activity in the US slowed slightly last month, the results of a closely-followed survey showed.

20 Aug
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US jobless claims rise modestly, secondary filings continue retreating

Unemployment in the States rose slightly during the latest week, contrary to analysts' forecasts.

20 Aug
allemagne-la-bga-abaisse-sa-prevision-d-exportations-2019
Europe midday: Stocks in Europe drop, Fed and Russia in focus

Stocks across the Continent are falling with some investors pointing the finger to the "calm and measured" stance adopted by US central bankers at their last policy meeting, as per the minutes of their deliberations, as the approximate cause of Thursday's move lower.

20 Aug
estee lauder
Estee Lauder posts wider-than-expected quarterly loss

Cosmetics firm Estee Lauder posted a wider-than-expected quarterly loss on Thursday as Covid-19 travel restrictions and store closures softened demand for its products.

20 Aug
travis perkins
Thursday broker round-up

M&G: Deutsche Bank downgrades to hold with a target price of 180p.

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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.