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09 Mar
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US close: Nasdaq rallies on falling bond yields

Wall Street stocks closed firmly in the green on Tuesday following a mixed session for major indices a day earlier.

09 Mar
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Sector movers: Software finds a bid as rebound in bond yields pauses

Tuesday's price action on the FTSE 350 was the mirror image of the prior session's, with Leisure Goods and Software finding a bid, while mining and banks were on the backfoot.

09 Mar
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Wednesday preview: US and China CPI, Legal and General in focus

Against a backdrop of rising government bond yields, markets' focus in the middle of the week will shift towards the inflation, with readings on consumer prices due out in the US and China.

09 Mar
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Europe close: Stocks extend gains after OECD raises short-term growth forecasts

European shares extended the previous day's gains after the OECD upgraded growth forecasts for the global economy, citing the ongoing success of the vaccine rollout and the US’s mammoth $1. 9trn stimulus package.

09 Mar
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London close: Stocks finish firmer on economic recovery hopes

London stocks managed a positive finish to the session on Tuesday, after the OECD upgraded its growth forecasts for the UK and global economy.

09 Mar
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EU Parliament rescinds Puigdemont's immunity

The European Parliament voted in favour of rescinding immunity for Catalonia’s former regional leader Carles Puigdemont and two other Catalan lawmakers.

09 Mar
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Director dealings: Pearson director makes share purchase

Pearson revealed on Tuesday that non-executive director Graeme Pitkethly had acquired 6,075 ordinary shares in the FTSE 100-listed education publishing and assessment service.

09 Mar
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Tuesday broker round-up

Aston Martin: HSBC upgrades to buy with a target price of 2,750p.

09 Mar
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Oatly set to open one of the world's largest plant-based dairy factories in UK

Swedish plant-based milk maker Oatly announced plans to open one of the world’s biggest alt-milk dairy factories in the UK.

09 Mar
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Broker tips: Supreme, Softcat, Pearson

Analysts at Berenberg initiated coverage on batteries and lightbulbs distributor Supreme at 'buy' on Tuesday, stating the group was "supremely well positioned".

09 Mar
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Open Orphan subsidiary awarded contract with Oxford BioTherapeutics

Specialist pharmaceuticals contract research organisation Open Orphan announced on Tuesday that its subsidiary Venn Life Sciences had been awarded a contract for a study with clinical-stage oncology company Oxford BioTherapeutics.

09 Mar
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FTSE 250 movers: Domino's in the black; Cairn slumps

London’s FTSE 250 was up 0. 8% at 21,386. 89 in afternoon trade on Tuesday.

09 Mar
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Shield's Feraccru gets registration in Australia

Commercial-stage pharmaceutical company Shield Therapeutics said on Tuesday that Australia's Therapeutics Goods Administration (TGA) has registered ‘Feraccru’ in the country’s Register of Therapeutic Goods, to treat iron deficiency with or without anaemia in adults.

09 Mar
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US open: Stocks record early gains as bond yields retreat

Wall Street stocks were firmly in the green at the start of trading on Tuesday following a mixed session for major indices a day earlier.

09 Mar
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Kia recalls 380,000 US vehicles over fire risks

Kia Motors is set to recall nearly 380,000 vehicles of the Sportage and Cadenza models due to faults in their electric system that risk causing a fire in the engine compartment.

09 Mar
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FTSE 100 movers: Standard Life Aberdeen drops; M&G rallies

London’s FTSE 100 was down 0. 2% at 6,707. 96 in afternoon trade on Tuesday.

09 Mar
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Condor Gold upbeat on latest data from La India drilling

Condor Gold announced on Tuesday that the first 26 drill holes for a combined 1,296 metres of diamond drill core had been completed on La India starter pit infill drilling programme.

09 Mar
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Avast to sell Family Safety Mobile business for $66m

Digital security company Avast said on Tuesday that it has agreed to sell its Family Safety Mobile business to Smith Micro Software for $66m.

09 Mar
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SocGen cuts rating, ups price target on Pearson

Société Générale has downgraded its rating for Pearson to ‘hold’ after a strong run for the blue chip’s shares.

09 Mar
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President Energy realigns Rio Negro drilling programme

South America-focussed President Energy updated the market on its drilling programme in Argentina’s Rio Negro province on Tuesday, reporting that a drilling rig had been contracted, with site preparations in progress.

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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.