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26 May
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US close: Dow Jones little changed at end of session

Wall Street stocks closed slightly higher on Wednesday as stocks tied to an economic reopening advanced yet again.

26 May
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Frasers Group not planning bid for Hugo Boss

Mike Ashley’s Frasers Group said on Wednesday that it does not plan to make a bid for Frankfurt-listed Hugo Boss.

26 May
johnson matthey chemicals
Thursday preview: US data, Johnson Matthey in focus

The focus in financial markets on Thursday will be on the US, where a slew of economic indicators are scheduled for release.

26 May
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Europe close: Stocks little changed despite 'dovish' remarks from ECB and Fed

European shares finished on a mixed note on Wednesday as US and eurozone central bankers maintained dovish positions on interest rates and British retailer Marks & Spencer pleased despite posting a hefty annual loss.

26 May
marks spencer m s
London close: Stocks mixed at end of quiet Wednesday

London stocks finished in a mixed state on Wednesday, as investors digested the latest comments from Federal Reserve officials and sifted through corporate news.

26 May
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European Commission opens antitrust probe into Facebook

The European Commission is set to open a formal probe into Facebook’s alleged anti-competitive practices in classified advertising.

26 May
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Broker tips: Croda International, Hill & Smith, MusicMagpie

Goldman Sachs upgraded its stance on shares of Croda International to ‘buy’ from ‘sell’ and hiked its price target to 8,000p from 5,750p as it said the risk/reward was "positively skewed".

26 May
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Amazon acquires MGM for $8.45bn, ramps up competition in streaming war

Amazon announced on Wednesday it would be purchasing MGM studios for $8. 45bn to access its library of films and TV shows in a move to ramp up competition with streaming rivals.

26 May
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UK blimp maker to launch commercial airship travel to cut CO2 flying emissions by 90%

Hybrid Air Vehicles announced on Wednesday it was planning to launch a string of routes and start commercial airship travel by 2025.

26 May
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Jefferies sounds 'bullish' note for FTSE 100

Analysts at Jefferies sounded a confident note on the outlook for London's top-flight index, despite Chinese economic data recently losing "some" of their sparkle.

26 May
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Director dealings: N Brown director makes share purchase

N Brown revealed on Wednesday that non-executive director Joshua Alliance had acquired 7. 37m ordinary shares in the London-listed online retailer.

26 May
adollarmakemeholler
Circassia settles LungFit dispute with Beyond Air

Respiratory diagnostics-focussed medical device company Circassia Group has signed an agreement to settle its contractual dispute with Beyond Air, it announced on Wednesday, around the licensing of the ‘LungFit’ product to Circassia by Beyond Air in January 2019.

26 May
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CyanConnode inks deal with Indian government venture Intellismart

Narrowband smart mesh technology company CyanConnode has signed a memorandum of understanding with Intellismart, it announced on Wednesday, which is a joint venture between Energy Efficiency Services (EESL) and the National Investment and Infrastructure Fund (NIIF).

26 May
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Alien Metals reports positive results from Elizabeth Hills tailings

Minerals exploration and development company Alien Metals updated the market on its exclusivity agreement over the Elizabeth Hills silver tailings project in Western Australia on Wednesday, reporting that initial results from six samples that had been subject to test leaching by ALS Perth were “very encouraging”, returning high levels of silver recovery.

26 May
vectura fox
FTSE 250 movers: Vectura surges on buyout; C&C retreats

London’s FTSE 250 was up 0. 9% at 22,634. 84 in afternoon trade on Wednesday, boosted by deal news.

26 May
vectura fox
Vectura to be taken over by Carlyle in £958m deal

Pharmaceutical company Vectura said on Wednesday that it has agreed to be taken over by US private equity firm The Carlyle Group in a £958m deal, sending the shares sharply higher.

26 May
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Xiaomi confirms US formally lifted securities ban

Chinese tech giant Xiaomi confirmed on Wednesday that a US court had removed the company’s designation as a Communist Chinese Military Company and had lifted the ban on it doing business in the country.

26 May
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Google gets approval for megacampus in San Jose

Google finally got approval from the San Jose city council on Tuesday to build its planned mega campus which had been in the works for the past four years.

26 May
FTSE 100 movers: British Land down after results; Croda boosted by upgrade

London’s FTSE 100 was down 0. 1% at 7,022. 41 in afternoon trade on Wednesday.

26 May
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China falls short of agreed purchases of US goods under 'phase one' trade deal

China is falling short on the purchases of US goods needed in order to complete the phase one trade deal that it signed in January 2020 and that is set to wind up in December 2021.

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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.

The value of investments can fall and you may get back less than you invested.