Latest News
27 Oct
UK car production falls to lowest July level since 1956

British car manufacturing output declined 37. 6% in July, according to the Society of Motor Manufacturers and Traders, with just 53,438 units made last month.

27 Oct
British Airways mulling over folding short haul operations into new subsidiary

UK airline British Airways revealed that it was looking into folding its short-haul operations from London's Gatwick Airport into a new subsidiary as part of an effort to offset Covid-19 pandemic-induced declines in long-haul traffic.

25 Oct
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Asia report: Markets lower as Bank of Korea hikes rates

Most markets in Asia were in the red at the close on Thursday, as the Bank of Korea became the first central bank of a developed economy to raise interest rates in the wake of the Covid-19 pandemic.

24 Oct
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London close: Stocks fall ahead of Powell speech

London stocks ended a little weaker on Thursday as investors eyed a speech by Federal Reserve chair Jerome Powell and digested the latest US data releases.

26 Aug
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Europe close: Stocks lower as investors look to Fed

European shares ended Thursday in the red, as investors took a cautious stance ahead of a key two-day meeting of US Federal Reserve policymakers, while a German consumer survey showed sentiment weakening.

26 Aug
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Broker tips: Avon Protection, Mediclinic, Victrex

Analysts at Berenberg slashed their target price on safety equipment supplier Avon Protection from 2,955. 0p to 1,740. 0p on Thursday after the group cut its full-year guidance by roughly 40%.

26 Aug
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September time for tapering announcement, says Fed's Kaplan

Dallas Fed President Robert Kaplan stuck with his call for a September taper announcement on Thursday.

26 Aug
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Director dealings: Team chairman raises stake

Team revealed on Thursday that chairman Jonathan Clubb had acquired 25,000 ordinary shares in the London-listed asset manager.

26 Aug
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Power Metal completes first phase of 2021 drilling at Silver Peak

Exploration company Power Metal Resources has successfully completed its 2021 first phase diamond drilling exploration programme on the Silver Peak Project in the Canadian province of British Columbia, it announced on Thursday.

26 Aug
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Hays hails strong recovery as it resumes dividend payments

FTSE 250 recruiter Hays said on Thursday that it was resuming dividend payments as it hailed a "strong" recovery in fee and profit growth in its full-year results.

26 Aug
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FTSE 250 movers: Hays rallies on update, Mediclinic boosted by upgrade

London’s FTSE 250 was down 0. 2% at 23,946. 68 in afternoon trade on Thursday.

26 Aug
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FTSE 100 movers: Polymetal loses its shine; CRH gains

London’s FTSE 100 was down 0. 3% at 7,126. 88 in afternoon trade on Thursday.

26 Aug
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Liberum hikes target price on Victrex

Analysts at Liberum raised their target price on high performance polymers supplier Victrex from 2,300. 0p to 2,800. 0p on Thursday, stating that while a full recovery still appeared to by two years away, a special dividend now seemed "likely" in 2021.

26 Aug
oilfield
TomCo acquires Valkor's interest in Greenfield joint venture

United States-focussed oil development company TomCo Energy has acquired Valkor’s 50% interest in Greenfield Energy, the 50-50 joint venture established by TomCo and Valkor in mid-2020, for wholly-deferred equity consideration, it announced on Thursday.

26 Aug
wall street
US open: Stocks mixed ahead of Fed summit

Wall Street stocks were mixed early on Thursday ahead of the Federal Reserve's summit in Wyoming.

26 Aug
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Aura upbeat on preliminary gravity survey results

Aura Energy announced preliminary results of the first of the planned gravity field surveys on its Tasiast South tenements on Thursday.

26 Aug
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German publishing group Axel Springer to buy Politico

German publishing group Axel Springer has agreed to buy digital media site Politico, including the remaining 50% share of its current joint venture Politico Europe, from founder Robert Allbritton for an undisclosed sum.

26 Aug
City workers
US jobless claims tick higher; GDP grows 6.6% in Q2

The number of Americans filing for unemployment benefits rose a little more than expected last week but remained near a pandemic low, according to figures released by the Labor Department on Thursday.

26 Aug
mediclinic hospital
HSBC upgrades Mediclinic to 'buy'

HSBC upgraded private hospital group Mediclinic to ‘buy’ from ‘hold’ on Thursday, hiking the price target to 340p from 280p.

26 Aug
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PetroTal outperforms second quarter production guidance

PetroTal said on Thursday that it outperformed its second quarter production guidance by 2% and its first quarter production by 21%, delivering 8,839 barrels of oil per day under constrained production conditions.

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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.