Latest News
23 Mar
New York Stock Exchange, NYSE, markets, Wall Street
US close: Stocks slump on one-year anniversary of coronavirus-fuelled bull market

Wall Street stocks closed sharply lower on Tuesday, twelve months to the day that the Covid-19 pandemic bull market began as stocks tumbled 30% at the fastest pace in history.

23 Mar
bunzl, packaging, consumer goods
Broker tips: Bunzl, Taylor Wimpey

RBC Capital Markets lifted its stance on Bunzl shares on Monday to ‘sector perform’ from ‘underperform’ and upped the price target to 2,270p from 2,200p following a de-rating.

23 Mar
Bellway, construction
Wednesday preview: UK CPI, Bellway in the spotlight

The market spotlight in the middle of the week will shift to UK inflation.

23 Mar
ep archivo - aviones de british airways
Europe close: Shares end mixed due to continued drag from Travel names

European shares ended on a mixed note on Tuesday after Germany confirmed an extended lockdown into Easter as it tried to combat the third wave of Covid-19 infections currently spreading across the Continent, sparking fears of a delay to economic recovery.

23 Mar
ep archivo   aviones de ryanair
Spain to lift ban on UK tourists from 30 March

The Spanish government said on Tuesday it will be lifting a ban on travel from Britain at the end of March.

23 Mar
ep easyjet
London close: Stocks finish weaker with travel sector under pressure

London stocks closed in negative territory on Tuesday, with travel and leisure issues under pressure ahead of tighter border restrictions, while concerns about a third coronavirus wave in Europe and tensions between China and the West also weighed on sentiment.

23 Mar
ep archivo - avion de iberia
IAG secures $1.76bn credit facility against Gatwick, Heathrow landing rights

British Airways and Iberia parent IAG has secured a $1. 76bn revolving credit facility with a syndicate of banks, using take-off and landing rights at both Heathrow and Gatwick airports as collateral.

23 Mar
20141030 122019 opt 1 opt
Director dealings: Land Securities CEO makes share sale

Land Securities revealed on Tuesday that chief executive Mark Allan had disposed of 33,164 ordinary shares in the FTSE-100 listed landlord.

23 Mar
coins currency investment insurance business finance company
Consumer brands underpin Alliance Pharma performance

Alliance Pharma reported a 4% fall in statutory revenue in its preliminary results on Tuesday, to £129. 8m, although it said performance from its consumer healthcare brands was “strong”, with that division now accounting for more than two thirds of group see-through revenues.

23 Mar
YouGov You Gov
YouGov turns in positive first half performance

Research and information company YouGov reported revenue growth of 3% in its first half on Tuesday, with underlying growth of 9% to £79m, and a “solid” sales pipeline said to be weighted towards the second half of the financial year.

23 Mar
cbwall street she121
Hartford rejects $23bn takeover approach from Chubb

Hartford Financial Services Group has rejected a $23bn takeover approach from US non-life insurer Chubb, it confirmed on Tuesday.

23 Mar
countryside, house, housing
US new home sales drop sharply in February

New home sales undershot economists' forecasts by an enormous margin last month.

23 Mar
ep archivo - de meo junto a de los mozos entre otros visita la factoria de renault en palencia
Renault to produce three hybrid models in Spain

French carmaker Renault announced on Tuesday it would produce three new hybrid SUV models in its “second home” Spain.

23 Mar
Fever-Tree, Fevertree, drinks, tonic
Tuesday broker round-up

Fevertree: Barclays upgrades to buy with a target price of 2,500p.

23 Mar
wall street
US open: Stocks mixed on bull market anniversary

Wall Street stocks were mixed at the opening bell on Tuesday, twelve months to the day that the Covid-19 pandemic bull market began as stocks tumbled 30% at the fastest pace in history.

23 Mar
edgar test 10
Judges Scientific remains profitable after fall in revenue

Scientific instrument technology investor and developer Judges Scientific reported a 3. 2% fall in revenues in its final results on Tuesday, to £79. 9m, which included a 12. 3% decline on an organic basis.

23 Mar
crest nicholson housing build
FTSE 250 movers: Crest Nicholson rallies; travel shares decline

London’s FTSE 250 was down 0. 4% at 21,378. 47 in afternoon trade on Tuesday.

23 Mar
london stock exchange paternoster
Team launches £15.2m approach for Tavistock

Team has launched a hostile takeover approach for fellow Aim stock Tavistock Investments, after the fund manager refused to engage with its first approach.

23 Mar
ep motor de rolls-royce
Norway blocks Rolls-Royce sale of Bergen to Russia's TMH

Rolls-Royce will seek help from the Norwegian government to "find another option" after the sale of its Bergen marine engine business to Russia’s TMH Group was blocked by Norway on national security grounds.

23 Mar
bunzl, packaging, consumer goods
FTSE 100 movers: Travel stocks hit; Bunzl lifted by upgrade

London’s FTSE 100 was down 0. 2% at 6,714. 25 in afternoon trade on Tuesday.

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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.