Latest News

London close: Stocks mixed with all eyes on battle for Vectura
London stocks finished in a mixed state on Monday, although the top-flight index did manage to break into the green in late trading, as the battle for inhaler maker Vectura intensified.

US pre-open: Stocks seen muted after record highs
Stocks on Wall Street looked set for a muted open on Monday following records highs at the end of last week on the back of a well-received payrolls report.

US open: Stocks start session on a mixed note
Stocks on Wall Street were trading mixed in the early going as investors continued to digest the stronger-than-expected monthly jobs report published the previous Friday.

Tuesday preview: ZEW index, InterContinental Hotels Group in focus
It will be a relatively light day on the economic side of things on Tuesday.

Europe close: Stocks little changed despite weak China trade numbers
European stocks were off to a subdued start to the week on Monday as investors mulled the latest trade figures out of China and Germany.

Macquarie takes majority stake in UK's Southern Water for £1bn
The Australian infrastructure investor Macquarie has taken a majority stake in Southern Water for more than £1bn, a month after the troubled UK utility was slammed with a £90m record fine for illegally pumping billions of litres sewage into rivers and coastal waters.

Microsaic signs heads of terms with manufacturing partner
Spectrometry instrument developer Microsaic Systems has signed non-binding heads of terms with a manufacturing partner, it announced on Monday, to support its heads of terms with a China distributor announced on 4 May, for its micro-engineered mass spectrometry (MS) technology.

Broker tips: TT Electronics, Lloyd's insurers, Made.com
Berenberg sounded an upbeat note on TT Electronics, pointing to solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.

Director dealings: Treatt finance chief sells some shares
Treatt's finance director sold some shares as they traded within throwing distance of their record highs.

Vodafone reintroduces EU roaming charges
Vodafone has become the latest UK mobile operator to u-turn on a post-Brexit pledge not to reintroduce hefty roaming fees for customers travelling in the European Union.

Deliveroo surges as rival Delivery Hero takes 5.1% stake
Deliveroo shares surged on Monday after rival Delivery Hero took a 5. 09% stake in the company.

Hargreaves Lansdown tanks after warning pandemic boost won't last
Hargreaves Lansdown shares tumbled on Monday after the investment platform posted a rise in full-year net new business inflows and assets under administration as demand for its services grew, but warned the pandemic boost to stock trading wouldn't last.

US job openings hit series high in June, JOLTS survey shows
The number of job vacancies in the US hit a record high in June, underscoring firms' difficulty in trying to find enough new hands to hire.

FTSE 250 movers: Clarksons boosted by results; PageGroup in the red
London’s FTSE 250 was 0. 1% firmer at 23,486. 86 in afternoon trade on Monday.

Lok'nStore reports 'excellent' full year of trading
Self storage operator Lok'nStore said in an update on Monday that trading throughout its financial year just ended was “excellent”, with self-storage revenue up 20. 9% year-on-year.

FTSE 100 movers: SSE surges on Elliott stake report; IAG flies lower
London’s FTSE 100 was flat at 7,121. 55 in afternoon trade on Monday.
UK's SFO starts investigation into Gavin Woodhouse over suspected fraud
Britain’s Serious Fraud Office (SFO) has launched an investigation into entrepreneur Gavin Woodhouse over suspected fraud and money laundering relating to care homes and hotels.

Berenberg highlights rising sales and profit margins at TT Electronics
Berenberg sounded an upbeat note on TT Electronics, pointing to its solid sales growth as evidence that the company's shift towards secular growth markets over the preceding years was now bearing fruit.

CMA warns Groupon could face court action
The Competition and Markets Authority said on Monday that discount voucher company Groupon could face court action if it does not improve the way it treats customers.

JP Morgan reiterates 'overweight' on Beazley and Hiscox
Analysts at JP Morgan reiterated their 'overweight' stance for shares of Beazley and Hiscox, telling clients that the outlook for all three Lloyd's insurers, which also includes Lancashire Holdings, was better than previously guided towards.
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.