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24 Oct
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London midday: Stocks weaker as inflation hits three-year high

London stocks were in the red by midday on Wednesday, underperforming their European peers as sterling rallied after UK inflation hit its highest level in nearly three years.

15 Jul
Europe open: Shares lower on Covid, inflation worries

European stocks opened lower on Wednesday as travel shares fell on worries about increasing cases of the Covid-19 Delta variant while a rise in UK inflation also dampened sentiment.

14 Jul
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Thursday preview: UK jobs, Asos in the spotlight

Investors' focus on Thursday will be on the latest UK jobs data which according to some economists might surprise to the upside, even if only on account of methodological changes.

14 Jul
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Europe close: Shares little changed as investors mull higher inflation globally

Stocks across the Continent were little changed by the end of trading on Wednesday despite ongoing concerns around the increasing in cases of the Covid-19 Delta variant while a rise in UK and US inflation stoked fears of higher interest rates.

14 Jul
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London close: Stocks close weaker on renewed inflation concerns

London stocks closed below the waterline on Wednesday, after UK inflation hit its highest level in nearly three years.

14 Jul
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Citigroup beats analysts' forecasts, upbeat on outlook

US banking giant Citigroup posted better-than-expected results for the second quarter, despite a shrinking topline.

14 Jul
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US producer prices jump past forecasts in June

Producer prices in the US jumped at twice the expected pace last month but some economists expected them to rise more slowly from here on forwards.

14 Jul
easyjet demande un plan de sortie de crise pour sauver la saison estivale
Broker tips: Tate & Lyle, System1, easyJet

Analysts at Berenberg raised their target price on food and beverage ingredients supplier Tate & Lyle from 855. 0p to 950. 0p on Wednesday, stating the firm was now deserving of a valuation in line with its peers.

14 Jul
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Director dealings: Open Orphan chairman snaps up 1.13m shares

Open Orphan revealed on Wednesday that chairman Cathal Friel had snapped up 1. 13m ordinary shares in the AIM-listed pharmaceutical services company.

14 Jul
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Two-thirds of UK adults fully inoculated

Two-thirds of UK adults have received both doses of a Covid-19 vaccine, reported the health secretary Sajid Javid on Wednesday.

14 Jul
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Wednesday broker round-up

Carnival: Berenberg upgrades to hold with a target price of 1,400p.

14 Jul
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Cora Gold announces seventh set of results from Sanankoro drilling

West Africa-focussed gold company Cora Gold announced the seventh set of drill results from its largest-ever drilling campaign at its Sanankoro Gold Project in southern Mali on Wednesday.

14 Jul
FTSE 250 movers: Cineworld loses ground; Tullow gushes higher

London’s FTSE 250 was down 0. 7% at 22,760. 64 in afternoon trade on Wednesday.

14 Jul
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Canaccord raises target price on System1

Analysts at Canaccord Genuity raised their target price on marketing research outfit System1 Group from 300. 0p to 370. 0p on Wednesday after the firm's results came in ahead of expectations.

14 Jul
oilfield
88 Energy posts positive update from Alaska's North Slope

88 Energy updated the market on operations on the North Slope of Alaska, and the ongoing testing programme following the drilling of the Merlin-1 well, on Wednesday, reporting that additional first phase geochemical analysis of fluid extracts from Merlin-1 core samples again demonstrated the presence of hydrocarbons.

14 Jul
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Star Phoenix begins arbitration against LandOcean

Star Phoenix updated the market on the outstanding monies due to it and its subsidiaries from LandOcean Energy Services and its affiliates on Wednesday.

14 Jul
wall street
US open: Dow erases yesterday's losses as bank earnings continue to roll in

Wall Street stocks were in the green early on Wednesday as second-quarter earnings from some of the biggest banks in the country rolled in.

14 Jul
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FTSE 100 movers: Hargreaves Lansdown falls; banks rally

London’s FTSE 100 was down 0. 5% at 7,092. 47in afternoon trade on Wednesday as sterling gained after data showed UK inflation hit a three-year high in June.

14 Jul
ep archivo   el presidente de la fed jerome powell
Fed ready to step in if inflation spirals - Powell

Jerome Powell has assured Congress that the Federal Reserve is prepared to step in should inflation surge out of control, but insisted recent rises were likely largely temporary.

14 Jul
wells fargo hausse
Wells Fargo beats forecasts as second-quarter profits surge

Wells Fargo reported forecast-beating second-quarter earnings on Wednesday, as the US lender slashed the amount it had put aside to cover bad debts.

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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.