Latest News
27 Oct
Competition Appeal Tribunal approves £10bn class action against Mastercard

The Competition Appeal Tribunal has approved a £10. 0bn class action against Mastercard that could entitle 46. 0m British adults to roughly £300 each if successful.

25 Oct
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Asia report: Markets mostly lower as Alibaba hits record low

Most bourses in Asia were on the back foot as they closed on Thursday, with Chinese technology stocks once again in focus, as Alibaba fell to a record intraday low.

20 Aug
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Friday preview: UK retail sales, public sector borrowing in focus

Financial markets' focus at the end of the week will be on the UK with key indicators related to the consumer and public sector finances set to be published.

19 Aug
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Europe close: Stocks hit by multiple concerns amid low trading volumes

European shares continued to slump on Thursday as fears of a sooner-than-expected tapering in global monetary policy, concerns around Delta Covid-19 and the ongoing crackdown on tech firms by Beijing dampened sentiment.

19 Aug
Rio Tinto, mining, diamond mine in Zimbabwe
London close: Stocks weaker as investors digest Fed tapering timeline

London stocks closed well below the waterline on Thursday, having spent the session in the red after minutes from the latest US Federal Reserve meeting signalled that tapering was on the cards this year.

19 Aug
weir group
Broker tips: Weir Group, InterContinental Hotels, ITM Power

JPMorgan Cazenove upgraded Weir Group to 'overweight' from 'neutral' on Thursday and lifted the price target 1,970. 0p from 1,800. 0p, citing a good entry point.

19 Aug
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Director dealings: Burberry executive lowers stake

Burberry Group revealed on Thursday that chief operating and financial officer Julie Brown had disposed of 23,000 ordinary shares in the FTSE 100-listed fashion house.

19 Aug
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Helium One begins drilling next well at Rukwa

Helium One announced the start of drilling operations at the Tai-2 exploration well on Thursday, at its wholly-owned Rukwa Project in Tanzania, being the second exploration well targeting the Tai prospect.

19 Aug
marshalls block paving
FTSE 250 movers: Marshalls rallies after lifting expectations; Helios slumps

London’s FTSE 250 was down 0. 9% at 23,619. 58 in afternoon trade on Thursday.

19 Aug
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Gresham House forest fund exceeds initial target

Gresham House said on Thursday that the Gresham House Forest Growth & Sustainability Fund had held its first close with £127m in subscriptions, substantially exceeding the initial target of £100m.

19 Aug
FTSE 100 movers: Miners slump as commodity prices fall; Polymetal shines

London’s FTSE 100 was down 1. 4% at 7,068. 65 in afternoon trade on Thursday.

19 Aug
ITM Power, energy storage
Citi stays at 'buy' on ITM Power after Linde inks deal with Infineon

Analysts at Citi kept their recommendation for shares of ITM Power at 'buy/High Risk' after its joint-venture partner, Linde, inked a deal for the British company's technology with chipmaker Infineon.

19 Aug
wall street
US open: Stocks trade slightly lower following FOMC minutes, jobless claims data

Wall Street stocks traded slightly lower at the opening bell on Thursday as investors continued to digest minutes from the FOMC's latest meeting and this week's jobless claims figures from the Labor Department.

19 Aug
Equity consortium led by Nordic Capital to buy Inovalon in $7.3bn deal

US healthcare software maker Inovalon has agreed to be bought by an equity consortium led by Nordic Capital, and joined by Insight Partners, for around $7. 3bn.

19 Aug
Thursday broker round-up

InterContinental Hotels Group: Peel Hunt upgrades from reduce to hold with 4,600. 0p target price.

19 Aug
asthma inhaler vectura
Philip Morris snaps up more Vectura shares ahead of deal deadline

US tobacco giant Philip Morris has bought up more shares of London-listed inhaler maker Vectura.

19 Aug
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Condor receives latest drilling results from La India

Condor Gold said on Thursday that all assay results had now been received for the 3,370 metre drilling programme in the La India starter pit infill and reserve circulation (RC)-replacement drill holes, completed between December and June.

19 Aug
heathrow airport baggage ultra electronics
CMA confirms it will investigate Cobham takeover of Ultra Electronics

The Competition and Markets Authority confirmed on Thursday that it will investigate the proposed takeover of defence company Ultra Electronics by Cobham.

19 Aug
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Philly Fed index slips as companies run down inventories

Manufacturing activity in the US mid-Atlantic region slowed in August as firms ran down their inventory levels, the results of a closely-followed survey revealed.

19 Aug
Intercontinental Hotels Group, IHG, Holiday Inn, leisure
Peel Hunt upgrades InterContinental Hotels to 'hold'

Analysts at Peel Hunt upgraded their rating on Holiday Inn owner InterContinental Hotels Group from 'reduce' to 'hold' on Thursday after upping their full-year forecasts for the company.

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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.