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03 Sep
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Thursday newspaper round-up: Property demand, Wahaca, UK car production

Demand for houses has soared since the lockdown ended, according to a report from Zoopla, with three- and four-bedroom houses with space to work from home particularly popular. Properties are selling far faster than before the pandemic struck, the report said, as buyers flooded back to the market. The amount of time a home is put up for sale before it finds a buyer has fallen to just 27 days since restrictions were eased, compared to 39 days over the same period in 2019.

28 Aug
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US close: Dow extends winning streak following Powell's speech

Wall Street turned in a mostly positive performance on Thursday as market participants digested comments made by Federal Reserve chairman Jerome Powell regarding the central bank's plans for the future of monetary policy in the US and several data releases.

28 Aug
Rolls-Royce aims to raise £2bn in disposals after large HY loss

Aircraft engine maker Rolls-Royce said it was selling its Spanish business as it sought to raise £2bn after reporting a large interim loss and scrapping its dividend due to the coronavirus pandemic.

28 Aug
essentra manufacturing industry
Essentra considers restarting dividends as trading improves

Essentra said business was improving and that it would consider restarting dividends in the current year as it posted a 40% decline in underlying profit.

28 Aug
Sector movers: Cyclical names pace losses

Cyclicals were broadly lower on Thursday with selling among Construction and oil equipment stocks exerting the biggest drag on the market.

28 Aug
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
Friday preview: US consumer confidence, UK house prices in focus

Financial markets' focus at the end of the week will be on a raft of US economic indicators that are scheduled to be published in the US.

27 Aug
fed-reserve-federale-americaine
Europe close: Stocks fall after Fed confirms shift towards easier policy

Stocks in Europe fell as investors booked profits after the head of the US central bank confirmed, as had been widely anticipated, that monetary policy would remain easier for longer.

27 Aug
fed-reserve-federale-americaine
London close: Investors 'sell the news' of easier Fed policy

London stocks finished at their session lows on Thursday as investors took profits even after the head of the US Federal Reserve chairman made the case for allowing inflation hotter than up until now, meaning that interest rates were set to remain lower for longer.

27 Aug
polymetal kyzyl hq 5
Broker tips: Polymetal, Admiral

Analysts at Berenberg raised their target price on precious metals miner Polymetal from 1,840p to 2,200p on Thursday after the group's first-half results came in line with expectations.

27 Aug
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Director dealings: Sabre's new chairman makes share purchase

Sabre Insurance Group revealed on Thursday that incoming chairman Andy Pomfret had acquired 37,800 ordinary shares in the FTSE 250-listed motor insurer.

27 Aug
onesavings bank
FTSE 250 movers: Bodycote weaker as it goes ex-div; OneSavings rallies

The FTSE 250 was down 0. 1% at 17,742. 11 in afternoon trade on Thursday.

27 Aug
Homeserve, emergencies, household, insurance
Thursday broker round-up

Homeserve: Morgan Stanley downgrades to equal weight with a target price of 1,370. 0p.

27 Aug
admiral, insurance
RBC Capital Markets hikes target price on Admiral

Analysts at RBC Capital Markets upped their target price on insurer Admiral Group from 2,100. 0p to 2,400. 0p on Thursday following the firm's interim results.

27 Aug
piggy bank
OneSavings Bank interim profits slide

Challenger bank OneSavings Bank reported a drop in interim pre-tax profits on Thursday as the effects of the Covid-19 pandemic outweighed growth in its underlying net loan book.

27 Aug
ep motor de rolls-royce
FTSE 100 movers: WPP rallies on results; Rolls-Royce retreats

London’s FTSE 100 was flat at 6,042. 82 in afternoon trade on Thursday.

27 Aug
wall street
US open: Stocks advance as Fed targets 'average inflation

Wall Street trading got off to a positive start on Thursday as market participants digested comments made by Federal Reserve chairman Jerome Powell regarding the central bank's plans for the future of monetary policy in the US.

27 Aug
fed-reserve-federale-americaine
Fed's Powell announces shift in policy framework

The head of America's Federal Reserve announced a shift in monetary policy in order to allow both greater growth in hiring and for more sustained overshoots on inflation versus its target level following periods of weakness.

27 Aug
City workers
US jobless claims remain above 1m; Q2 GDP revised touch better

The number of Americans filing for unemployment benefits fell slightly last week after an unexpected increase the week before, but remained above 1 million.

27 Aug
mining drilling samples polymetal
Berenberg raises target price on Polymetal

Analysts at Berenberg raised their target price on precious metals miner Polymetal from 1,840p to 2,200p on Thursday after the group's first-half results came in line with expectations.

27 Aug
British Gas pays £1.73m for botched prepayment switch

British Gas has paid £1. 73m in compensation for failing to tell prepayment customers about a change of provider and minimum top-up spend.

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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.