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17 Dec
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Omicron dents consumer confidence - GfK

Consumer confidence has eased, a closely-watched survey published on Friday showed, hit by the emergence of the Omicron variant and the rising cost of living.

16 Dec
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Friday preview: UK consumer confidence, IFO index in the spotlight

All eyes at the end of the week will be on the release of UK retail sales figures for the month of November.

16 Dec
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Europe close: Stocks end higher, but off best levels

European shares extended gains on Thursday after an upbeat assessment of the US economy from Federal Reserve chairman Jerome Powell overnight and despite an unexpected hike in UK interest rates.

16 Dec
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London close: Stocks firmer, pound stronger after BoE rate hike surprise

London stocks closed in positive territory on Thursday, as the pound rallied against its major trading pairs, after the Bank of England surprised markets by hiking interest rates by 15 basis points.

16 Dec
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Broker tips: Hummingbird Resources, RWS Holdings

Analysts at Berenberg cut their target price on mining firm Hummingbird Resources from 24. 0p to 14. 0p on Thursday following the group's guidance downgrade a day earlier due to operational issues stemming from unrest and contractor performance at its Yanfolila asset.

16 Dec
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Canaccord Genuity slightly lowers target price on RWS Holdings

Analysts at Canaccord Genuity slightly lowered their target price on software and services firm RWS Holdings from 750. 0p to 745. 0p on Thursday following its "mixed" full-year results.

16 Dec
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Director dealings: Gemsstock buys another tranche of Bank of Georgia shares

Gemsstock Limited bought another tranche of Bank of Georgia Group shares on Thursday, taking on another 14,000.

16 Dec
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FTSE 250 movers: Domino's hits record high; IntegraFin slumps

London’s FTSE 250 was 1. 3% higher at 22,715. 57 in afternoon trade on Thursday.

16 Dec
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Daily Mail goes private after family secures backing

Jonathan Harmsworth has succeeded in taking Daily Mail and General Trust private after securing enough shareholder support over the opposition of some prominent investors.

16 Dec
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US housing starts jump past forecasts in November

Homebuilding activity surprised to the upside last month on the back of mild weather and inventory building in reaction to stronger demand and higher prices.

16 Dec
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FTSE 100 movers: Banks gain on BoE rate hike; United Utilities goes ex-div

London’s FTSE 100 was up 1. 4% at 7,267. 48 in afternoon trade on Thursday.

16 Dec
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Kazera reports strong increase in diamond production

Kazera Global said on Thursday that diamond production for the current cycle through to January was already in excess of 750 carats, with a target of 1,000 carats for the entire cycle.

16 Dec
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Shield shares surge on expansion of US coverage for Accrufer

Commercial-stage pharmaceutical company Shield Therapeutics updated the market on progress made on payer coverage of ‘Accrufer’ in the United States on Thursday.

16 Dec
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US open: Stocks mixed following Fed rate decision

Wall Street trading got off to a mixed start on Thursday after the Federal Reserve indicated that it would soon begin an aggressive tapering of its bond-buying programme and signalled three interest rate hikes were on the horizon for 2022.

16 Dec
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IAG, Globalia abandon Air Europa deal

IAG said on Thursday that it has agreed with Spain's Globalia to terminated an agreement to buy rival Air Europa - a decision that will cost the British Airways and Iberia owner €75m.

16 Dec
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Plexus expands licence agreement with Cameron

Oil and gas engineering service provider Plexus announced on Thursday that it has entered into an agreement with Cameron to expand the scope of its existing licence agreement, enabling Cameron to use Plexus' ‘POS-GRIP’ method of wellhead engineering on conventional and unconventional surface production oil and gas wells.

16 Dec
US initial jobless claims come in higher than expected

Claims for unemployment benefits came in higher than expected in the seven days ended 11 December after having hit their lowest level since 1969 the week before.

16 Dec
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Philly Fed index slumps in December, but supply pressures ease

Manufacturing activity in the US mid-Atlantic region slowed sharply at the end of 2021, even as supply chain pressures eased.

16 Dec
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Amte Power confirmed as partner on EV charging system project

Lithium- and sodium-ion battery cell manufacturer Amte Power has been confirmed as a partner in the new UK government-funded project ‘Celeritas’, it announced on Thursday, to develop ultra-fast charging systems for electric vehicles.

16 Dec
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Sunak to hold talks with business over 'lockdown by stealth' - report

Chancellor Rishi Sunak will hold talks on Thursday with representatives of the hospitality and business leaders, raising hopes of government support for sectors hit by the Omicron variant.

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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.