Latest News
03 Jul
Thursday newspaper round-up: Economic recovery, electric car sales, NatWest

Britain’s economic recovery stalled before the arrival of the Omicron variant of Covid and the dampening effect of the government’s plan B restrictions on consumer spending in the Christmas shopping period, a wide-ranging company survey has found. Businesses blamed spiralling inflation and shortages of imported goods for a decline in sales in the fourth quarter, which meant that an expansion during the spring and summer ground to a halt. - Guardian.

07 Jan
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Omicron sees retail footfall slip further in December

Consumer caution around the Omicron variant of Covid-19 saw retail footfall slip back in December, with industry data on Friday showing an 18. 6% decline in the month when compared to the pre-pandemic period two years prior - below the three-month average decline of 16. 4%.

06 Jan
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US close: Stocks lower as traders digest multiple data points

Wall Street stocks closed lower on Thursday as fears over tighter monetary policy remained in focus and investors digested a number of key data points.

06 Jan
TUI reaches settlement with relatives and survivors of 2015 Tunisia terrorist attack

TUI has reached a legal settlement with the relatives of the victims and survivors of the 2015 terrorist attack against a beach resort in Tunisia.

06 Jan
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London close: Stocks weaker amid interest rate fears

London stocks closed in the red on Thursday, as investors digested an easing in service sector growth, as well as a surprise jump in initial jobless claims across the pond.

06 Jan
Europe close: Fed minutes knock stocks lower

European were knocked sharply lower on Thursday after hawkish comments in US Federal Reserve meeting minutes hit US shares overnight.

06 Jan
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US open: Stocks mixed as jobless claims come in higher than expected

Wall Street stocks were mixed early on Thursday as fears over tighter monetary policy remained in focus and investors digested a number of key data points.

06 Jan
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FTSE 250 movers: Dr Martens, Greggs in the red

London’s FTSE 250 was down 1. 5% at 23,412. 35 in afternoon trade on Thursday.

06 Jan
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Broker tips: JD Wetherspoon, Restaurant Group, Royal Mail, James Fisher

Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms.

06 Jan
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Director dealings: Kestrel buys more ULS shares, Springfield director and wife make sale

ULS Technology non-executive director Oliver Scott was on the list of buyers on Thursday, after Kestrel Partners purchased 22,600 shares in the company for its discretionary clients.

06 Jan
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BiVictriX taps Glyn Baker as its new finance chief

Cancer therapy biotechnology company BiVictriX Therapeutics announced the appointment of Glyn Baker as its chief financial officer on Thursday, in a non-board role.

06 Jan
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FTSE 100 movers: Next out of fashion; banks rally

London’s FTSE 100 was down 1% at 7,440. 46 in afternoon trade on Thursday.

06 Jan
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CMA chief executive Coscelli to step down in July

The Competition and Markets Authority confirmed on Thursday that chief executive Andrea Coscelli will step down from the role at the end of his term in July.

06 Jan
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US initial jobless claims unexpectedly increase

First-time claims for unemployment benefits came in at 207,000 in the week ended 1 January, according to the Labor Department, up from 200,000 in the previous week and above the 195,000 forecast by economists.

06 Jan
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Angus Energy shares surge after board indicates possible sale

Angus Energy updated the market on its strategy on Thursday, confirming it was launching a formal sale process given the current market for natural gas in the UK, and its apparently mismatched market cap.

06 Jan
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Berenberg upgrades Restaurant Group, downgrades Wetherspoons

Berenberg reviewed its ratings on a number of leisure stocks on Thursday from pubs to restaurants and travel firms.

06 Jan
Stryker to buy Vocera in $3.09bn deal

US medical technologies company Stryker has agreed to buy Vocera Communications in a $3. 09bn deal.

06 Jan
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Dekel starts cashew production at Tiebissou plant

West Africa-focussed agriculture company Dekel Agri-Vision announced the start of cashew production by its large-scale cashew processing plant at Tiebissou in Côte d'Ivoire on Thursday.

06 Jan
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Canaccord Genuity slashes target price on James Fisher

Analysts at Canaccord Genuity slashed their target price on marine engineering services provider James Fisher from 1,375. 0p to 625. 0p on Thursday but said they remained "chastened buyers" of the stock.

06 Jan
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Euro area producer prices rise at fast clip, energy costs again main culprit

Producer prices continued to rise at a fast clip in the single currency bloc during the month of November with dearer energy the main culprit.

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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.