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24 Sep
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Sector movers: Forestry and Paper stocks bid higher after upbeat industry forecasts

Cyclicals were at the fore on Wednesday, with Forestry and Paper stocks topping the leaderboard on the back of upbeat medium-term projections from two trade groups.

23 Sep
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Thursday preview: Weekly US jobless claims, Cineworld in focus

The market spotlight on Thursday will be on the US jobs market with investors likely to be keeping close tabs on the latest weekly unemployment claims figures.

23 Sep
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London close: Stocks finish higher despite weak PMI

London stocks finished in the green on Wednesday, as investors brushed aside news that the UK’s post-lockdown recovery was losing steam.

23 Sep
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Broker tips: Boohoo, Wizz Air, Tui

Analysts at JP Morgan Cazenove initiated coverage on fashion retailer Boohoo with an 'overweight' rating on Wednesday.

23 Sep
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Director dealings: Superdry co-founder ups stake

Superdry revealed on Wednesday that executive director Julian Dunkerton had acquired 154,809 ordinary shares in the London-listed closing retailer.

23 Sep
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Hummingbird confirms advancement of Dugbe Gold Project

Hummingbird Resources updated the market on the Dugbe Gold Project and the acquisition of ARX Resources by Pasofino Gold on Wednesday.

23 Sep
tesla-est-a-suivre-a-la-bourse-de-new-york
Tesla shares hit the skids after 2020 Battery Day underwhelms

Shares of US stockmarket darling Tesla were on the skids after the outfit underwhelmed investors at its 2020 Battery Day.

23 Sep
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Origin Enterprises appoints new finance chief

Agricultural services producer Origin Enterprises announced the appointment of TJ Kelly as its new chief financial officer on Wednesday.

23 Sep
PZ Cussons Imperial Leather
FTSE 250 movers: Diploma boosted by acquisition; PZ Cussons drops

London’s FTSE 250 was up 1. 1% at 17,011. 68 in afternoon trade on Wednesday.

23 Sep
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Oncimmune enters collaboration with Roche subsidiary

Immunodiagnostics group Oncimmune Holdings has signed a collaboration with Roche subsidiary Genentech, it announced on Wednesday, to characterise the autoantibody profiles of patients in clinical trials for rheumatological diseases, including systemic lupus erythematosus (SLE).

23 Sep
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
US factory and services activity finishes Q3 on strong note, IHS Markit says

US economic output put paid to the third quarter with a solid pace of expansion in September, the results of a closely-watched survey revealed.

23 Sep
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US open: Mixed start to trading as Powell prepares for second day of testimony

Wall Street trading got off to a mixed start on Wednesday amid heightened restrictions to stem Covid-19 cases in Europe and an ongoing stalemate in negotiations for a second stimulus bill.

23 Sep
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Ryanair and Wizz are 'best plays for recovery', says Morgan Stanley

Morgan Stanley lifted its price targets on budget airlines Ryanair and Wizz Air as it argued that they remain "the best plays for recovery".

23 Sep
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FTSE 100 movers: Rolls-Royce recovers; gold miners fall

London’s FTSE 100 was up 1. 4% at 5,910. 83 in afternoon trade on Wednesday.

23 Sep
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Half a billion jobs were lost around the world to Covid-19 in Q2

The novel coronavirus will exact a much higher toll on job markets around the world than previously feared, according to the global watchdog for labour.

23 Sep
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Hyundai in talks with EU over delayed Daewoo deal

Hyundai Heavy Industries Holdings are in talks with the European Union antitrust regulators over its bid for Daewoo, reported Reuters on Wednesday.

23 Sep
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JP Morgan upgrades Diploma on proposed acquisition of Windy City Wire

Analysts at JP Morgan hailed Diploma's plans to acquire Windy City Wire, in turn bumping up their target price and recommendation for the shares.

23 Sep
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Wednesday broker round-up

Diploma: JP Morgan upgrades to overweight with a target price of 1,960. 0p.

23 Sep
Diploma surges after raising £190m to help fund US acquisition

Diploma shares surged on Wednesday after the company successfully raised around £190m in a placing to help fund the acquisition of US-based wire and cable distributor Windy City Wire Cable and Technology Products and said it will pay a dividend.

23 Sep
chine-la-bpc-injecte-des-liquidites-sans-toucher-a-ses-taux
China Yangtze, world's largest hydroelectric firm, to list in London

The world's largest hydropower company has kicked-off a bookbuilding exercise for the sale of Global Depositary Receipts representing 5% of its capital prior to the offering.

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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.