Latest News
17 May
ep 12 march 2020 hessen frankfurt main stock traders look at monitors in the trading room of the
Week ahead: Global PMIs, UK data in focus

The focus in financial markets over the coming week will be on global manufacturing and services sector conditions with a raft of survey results due out in the euro area, UK and US on Friday.

14 May
ep 12 march 2020 hessen frankfurt main stock traders look at monitors in the trading room of the
Credit Suisse says markets 'consolidating' not 'correcting'

Stockmarkets are set to consolidate, given that inflation is now "a bit more" of an issue, but they are not headed for a 'correction', says Andrew Garthwaite at Credit Suisse.

14 May
coronavirus le vaccin pfizer biontech efficace et sur chez l adolescent selon une etude
Europe close: Stocks end week on an up note despite soft US economic data

European shares ran up on Friday, tracking gains on Wall Street despite slightly weaker-than-expected readings on economic activity in the US.

14 May
currencies euro dollar pound money cash sterling
London close: Stocks higher as global inflation fears subside

London stocks managed a positive finish on Friday, joining global markets for an end-of-week bounceback, as worries about inflation eased.

14 May
Weekly review

The FTSE 100 ended the week 86. 1 points lower, closing at 7,043. 61 on Friday.

14 May
ep handout - 11 december 2019 spain madrid swedish climate activist greta thunberg attends an event
COP26 president urges for phasing out of coal to meet climate targets

The COP26 climate change conference president Alok Sharma said that phasing out coal is a must in order to reach climate targets.

14 May
ep archivo   centro logistico de amazon en prat del llobregat
Amazon to create 10,000 UK jobs in wake of online shopping boom

Amazon is creating 10,000 permanent jobs in the UK in response to the boom in online shopping seen during the pandemic.

14 May
coronavirus-plus-de-138-000-personnes-vaccinees-en-france
WHO in talks with US to share vaccines with countries in need

The World Health Organization said on Friday it is in talks with the United States to share vaccines with the international COVAX scheme.

14 May
spirax
Broker tips: NCC Group, Spirax-Sarco, Marks & Spencer

Analysts at Canaccord Genuity upgraded software and services firm NCC Group from 'hold' to 'buy' and raised their target price on the stock from 265. 0p to 318. 0p on Friday, citing its "strategic acquisition" of IPM.

14 May
Oil rig, oil & gas, drilling
IOG signs collaboration deal with Heriot-Watt University centre

UK gas company IOG has signed a collaboration agreement with Heriot-Watt University's Centre for Doctoral Training, ‘GeoNetZero CDT’ to support research into carbon capture and storage and other renewable opportunities.

14 May
meeting, takeover, talks, bid, merger, acquisition, board
FTSE 250 movers: Sanne surges on bid news; Morgan Sindall falls

London’s FTSE 250 was up 1. 1% at 22,306. 53 in afternoon trade on Friday.

14 May
la-fed-fixe-les-besoins-de-fonds-propres-supplementaires-pour-les-grandes-banques-americaines
Higher inflation takes its toll on US consumer confidence, University of Michigan says

Higher inflation is taking its toll on Americans' confidence in the economy, the results of a closely-followed survey revealed.

14 May
SABMiller, SAB Miller, brewing, beer
Friday broker round-up

NCC Group: Canaccord upgrades to buy with a target price of 318p.

14 May
ep retailbrand experience world congress
US retail sales unchanged in April

US retail sales slowed down in April after the initial effect of the White House's Covid-19 stimulus checks faded.

14 May
wall street
US open: Stocks advance despite weaker-than-expected retail sales report

Wall Street stocks opened higher on Friday despite market participants digesting a weaker-than-expected monthly retail sales report.

14 May
Kazakhmys, mining truck 125
FTSE 100 movers: M&G rallies again; miners under the cosh

London’s FTSE 100 was up 0. 9% at 7,027. 96 in afternoon trade on Friday as inflation worries eased.

14 May
edgar test 10
Helios Underwriting continues to outperform Lloyd's market

Lloyd’s of London underwriting capacity consolidator Helios updated its current mid-point forecasts for its portfolio of syndicate capacity for account years 2019 and 2020 on Friday, based on first quarter 2021 estimates.

14 May
libra, esterlina, divisa, moneda, reino unido pound currency
E-therapeutics raises £22.5m to expand capabilities and pipeline

E-therapeutics has completed a placing, subscription and retail offer via PrimaryBid, it announced on Friday, conditionally raising gross proceeds of £22. 5m to help expand its drug discovery and development capabilities and asset pipeline.

14 May
coins currency investment insurance business finance company
Rockhopper upbeat on arbitration progress against Italy

North Falkland Basin-focussed oil and gas company Rockhopper Exploration updated the market on its international arbitration against the Republic of Italy in relation to the Ombrina Mare field on Friday.

14 May
meeting, takeover, talks, bid, merger, acquisition, board
General Mills to buy Tyson Foods’ pet treats business for $1.2bn

General Mills said on Friday that it has agreed to buy Tyson Foods’ pet treats business for $1. 2bn in cash.

News Source: © 2022 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.

 

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.