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11 May
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Tuesday preview: China CPI, ZEW index in focus

The market spotlight on Tuesday will shift to Asia where Chinese authorities will publish the first of the week's main economic reports, covering inflation in the world's second-largest economy.

11 May
new york stock exchange, nyse, markets, wall street, us. photo: grant wickes
US close: Major indices end session lower amid rotation out of growth stocks

Wall Street stocks closed lower on Monday, with last week's ransomware attack on a major US fuel pipeline and a rotation out of growth stocks both dominating the session.

11 May
camden high street retail shopping
UK retail sales rise after easing of lockdown - BRC

UK retail sales rose 7. 3% in April, boosted by strong demand after non-essential stores reopened, industry figures showed.

10 May
worker-monitors-process-inside-plant-copper-refinery-codelco-ventanas-ventanas-city-chile
Europe close: Indices mostly flat even as miners extend run higher

European stocks were mostly higher on Monday, with British stocks the main exception as the pound moved above $1. 41 for the first time since February.

10 May
libra, esterlina, divisa, moneda, reino unido pound currency
London close: Stocks slightly weaker as sterling surges

London stocks finished just below the waterline on Monday as a stronger pound offset the positive sentiment around the lifting of Covid-19 restrictions.

10 May
nine elms square st modwen
Broker tips: St Modwen, Midwich, Berkeley

Stifel downgraded its stance on shares of St Modwen to 'hold' from 'buy' on Monday but lifted the price target to 542. 0p from 450. 0p, bringing it in line with the proposed takeover offer received by the company from US private equity firm Blackstone last week.

10 May
ep imagen de archivo del televisor de un hospital
Amino Technologies bids for bankrupt tech firm MobiTV

Television technology company Amino Technologies has submitted a bid through a wholly-owned subsidiary to acquire the trade and assets of MobiTV and MobiTV Services Corporation, a United States-based live and on-demand television platform provider, it announced on Monday.

10 May
rbs natwest branch interior
Treasury said to be mulling £1bn NatWest sale

The government is preparing to sell up to around £1bn of NatWest Group, it was reported on Monday, taking the Treasury closer to minority shareholder status.

10 May
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Director dealings: Vitec CEO lowers stake

Vitec Group revealed on Monday that chief executive Stephen Bird had disposed of 125,000 ordinary shares in the London-listed video streaming solutions provider.

10 May
france-la-haute-autorite-de-sante-autorise-le-vaccin-pfizer-biontech
BioNTech raises sales guidance, touts progress on oncology pipeline

BioNTech revised its full-year sales forecast higher on the back of feverish demand for its Covid-19 vaccine and announced further progress in oncology pipeline.

10 May
food sausage roll greggs
FTSE 250 movers: Greggs on a roll; Provident slumps

London’s FTSE 250 was down 0. 5% at 22,657. 93 in afternoon trade on Monday.

10 May
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US Covid cases fall 30% in two weeks, inoculations running at 2m shots a day

The average daily rate of new Covid infections in the US fell below 41,000 at the weekend, which was down 30% from two weeks before.

10 May
water tap agua fawcet
Water Intelligence wins another US national insurance account

Leak detection and remediation technology company Water Intelligence announced another insurance national account win on Monday, its third for the year-to-date.

10 May
Kazakhmys, mining truck 125
FTSE 100 movers: Just Eat retreats; miners rally

London’s FTSE 100 was down 0. 3% at 7,110. 86 in afternoon trade on Monday.

10 May
ep archivo   un 747 de british airways
Credit Suisse hails IAG target for operating margins, keeps at 'outperform'

Analysts at Credit Suisse reiterated their 'outperform' recommendation and 228. 0 target price on shares of IAG, hailing management's target of returning to an operating margin of 10-15%.

10 May
ep filed - 25 september 2019 us los angeles jeff bezos head of amazon can be seen on the fringes of
Tech giant CEOs sell over $6bn of stock in 2021

The chief executive officer's of the five major technology companies in the world sold $6. 36bn worth of stock in their firms between January and May 2021, revealed the latest data from Finbold.

10 May
le cannabis victime collaterale du covid 19
Trulieve Cannabis and Harvest agree $2.1bn takeover

Trulieve Cannabis is to snap up Harvest Health & Recreation in a $2. 1bn deal, one of the fledgling industry’s largest-ever.

10 May
wall street
US open: Dow Jones extends record-setting rally

Wall Street trading got off to a mixed start on Monday, with both energy and cybersecurity stocks in focus following a ransomware attack that shut down a major US fuel pipeline.

10 May
nine elms st modwen
Monday broker round-up

St Modwen: Liberum downgrades to hold with a target price of 542p.

10 May
manufacturing industrial morgan advanced materials factory jobs employment
Niesr lifts UK growth forecasts as Covid-19 impact starts to ease

The National Institute of Economic and Social Research has upped its growth forecasts for the UK, the influential think-tank confirmed on Monday.

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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.