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22 Sep
New York Stock Exchange, NYSE, markets, Wall Street
US close: Stocks end session higher following Powell testimony

Wall Street closed higher on Tuesday after testimony from Federal Reserve Chairman Jerome Powell earlier in the day.

22 Sep
hausse-de-6-du-benefice-annuel-de-british-american-tobacco
Sector movers: Tobacco and Big Oil pace gains but remain near multiyear lows

Tobacco stocks finished higher against the backdrop of a small bounce for London shares more generally, boosted by an upgrade out of analysts at RBC.

22 Sep
france-plus-de-2-500-nouvelles-contaminations-au-covid-19-en-24-heures-selon-sante-publique-france
Europe close: French and Spanish issues miss out on small bounce

European stocks finished the Tuesday session on a mixed note despite the sell-off endured over the previous three sessions with French and Spanish shares weaker due to concerns around the still quickly rising number of Covid-19 infections in both.

22 Sep
la-fed-fixe-les-besoins-de-fonds-propres-supplementaires-pour-les-grandes-banques-americaines
Wednesday preview: Fed's Powell, global PMIs in focus

The focus over the coming week will continue to be on the Federal Reserve as its chairman, Jerome Powell, testifies before the US House of Representative's panel on Covid-19.

22 Sep
premier inn, whitbread
London close: FTSE finishes higher after turbulent session

London’s top-flight index closed in positive territory on Tuesday, steadying after heavy losses in the previous session as investors mulled updates from the likes of Kingfisher and Whitbread.

22 Sep
superdry store retail
Broker tips: EasyJet, Superdry, RDI REIT

Citigroup has slashed its price target for EasyJet as it reduced full-year forecasts for the low-cost carrier.

22 Sep
20141030 122019 opt 1 opt
Director dealings: Record chairman offloads shares

Record revealed on Tuesday that chairman Neil Record had disposed of 4. 0m ordinary shares in the London-listed currency manager.

22 Sep
coins currency investment insurance business finance company
SigmaRoc acquires rest of Welsh quarrying firm GDH

Construction materials company SigmaRoc has acquired the remaining 60% of South Wales-based quarrying group GDH, it announced on Tuesday.

22 Sep
cboro gold1 short1
Shanta Gold expands processing capacity at New Luika

East Africa-focussed gold producer Shanta Gold announced the expansion of processing capacity at the New Luika Gold Mine on Tuesday.

22 Sep
FTSE 250 movers: Network International gains; Beazley in the red

London’s FTSE 250 was down 0. 1% at 16,861. 24 in afternoon trade on Tuesday.

22 Sep
Fever-Tree, Fevertree, drinks, tonic
Morgan Stanley says CCH and Britivic shares not reflecting pace of recovery

Analysts at Morgan Stanley expressed a preference for soft drinks within the wider Beverages universe, reiterating their 'overweight' stance for the likes of CCH and Britvic.

22 Sep
imperial brands blu
Tuesday broker round-up

Imperial Brands: RBC Capital Markets upgrades to outperform with a target price of 1,900. 0p.

22 Sep
US USA United States of America house housing
US existing home sales continue growing in August

Second-hand home sales continued growing at a brisk pace last month, the latest available industry data showed.

22 Sep
wall street
US open: Modest gains ahead of Powell testimony

Wall Street trading got off to a mostly positive start on Tuesday ahead of testimony from Federal Reserve Chairman Jerome Powell later in the day.

22 Sep
kingfisher b q
FTSE 100 movers: Kingfisher rallies on results; insurers retreat

London’s FTSE 100 was up 0. 7% at 5,846. 40 in afternoon trade on Tuesday following heavy losses in the previous session.

22 Sep
ep easyjet 20200521093703
Citi cuts price target for easyJet

Citigroup has slashed its price target for easyJet as it reduced full-year forecasts for the low-cost carrier.

22 Sep
ep boris johnson primer ministro britanico
Pubs to shut at 10pm as government ramps up Covid-19 restrictions

The government has announced a fresh range of restrictions to be in place for at least six months after the number of Covid-19 cases surged.

22 Sep
edgar test 10
Ethernity signs technology deal with Indian manufacturer

Networking technology company Ethernity has signed a contract to provide an Indian telecoms original equipment manufacturer (OEM) with end-to-end system functionality, it announced on Tuesday, to enable up to 360Gbps cell site router (CSR) appliances.

22 Sep
hikma drugs generics
FDA response delays Hikma's generic Advair Diskus

Hikma Pharmaceuticals lowered its guidance for 2020 on Tuesday, following a response letter from the US Food and Drug Administration (FDA) over the abbreviated new drug application for its generic version of GlaxoSmithKline's ‘Advair Diskus’, or fluticasone propionate and salmeterol inhalation powder, it announced on Tuesday.

22 Sep
adollarmakemeholler
Iofina refinances its entire debt with US bank agreement

Iodine and specialty Iofina has signed binding documentation to refinance its entire debt, it announced on Tuesday, by entering into a new loan agreement with the Cincinnati-based US regional bank First Financial Bank.

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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.