Latest News
03 Jul
Tuesday newspaper round-up: Energy crisis, gambling, Collecting Cars

Soaring energy bills could eat up more than half of some UK households’ incomes, a leading poverty charity has said, amid warnings that vulnerable people will be left unable to eat regularly or could even be at risk of death from the cold. The Joseph Rowntree Foundation (JRF) said that while households across the board faced bill increases of 40% to 47% from April, there would be huge variations in the ability of families to cope. - Guardian.

19 Jan
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Wednesday preview: UK CPI, JD Wetherspoon in the spotlight

The spotlight on Wednesday will be on data for UK consumer prices at the end of 2021.

18 Jan
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US close: Stocks sharply lower amid rising bond yields, bank earnings

Wall Street stocks closed sharply lower on Tuesday as market participants digested more corporate earnings and kept one eye on government bond yields that were now at pandemic-era highs.

18 Jan
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Europe close: Stocks slip as selling on Wall Street continues

European shares finished lower with rising government bond yields on the other side of the Atlantic kept equities under pressure as traders punted on an early rise in US interest rates.

18 Jan
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London close: Rising bond yields keep stocks in the red

London stocks remained weaker by the close on Tuesday amid rising bond yields, as investors digested the latest UK jobs data.

18 Jan
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Director dealings: Team17 directors buy into placing, B&M's Arora brothers make £234m sale

Video games company Team17 disclosed on Tuesday that its chief executive officer Debbie Bestwick, as well as a person closely associated with its non-executive chairman Christopher Bell, and non-executive director Martin Hellawell, had purchased shares for 714p each.

18 Jan
Broker tips: THG, Fever-Tree, St James's Place

Liberum cuts its price target on THG on Tuesday to 700. 0p from 750. 0p after the online retailer warned that its profit margins for the year will miss analysts' forecasts and revenue growth will slow.

18 Jan
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US open: Stocks head south as bond yields move higher

Wall Street stocks were firmly in the red early on Tuesday as market participants digested more corporate earnings and kept one eye on government bond yields that were now at pandemic-era highs.

18 Jan
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Evgen agrees fresh licensing deal with Spanish institutions

Clinical-stage drug development company Evgen Pharma announced a memorandum of understanding with the University of Seville, Consejo Superior de Investigaciones Científicas (CSIC) and Fundación Pública Andaluza Progreso y Salud on behalf of the Institute of Biomedicine of Seville on Tuesday, for second-generation sulforaphane analogues.

18 Jan
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Ten Lifestyle wins new multi-year contract in Japan

Concierge platform operator Ten Lifestyle Group has won a contract with one of Japan's largest wealth management businesses, it announced on Tuesday.

18 Jan
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Revenue, profit and cash well above expectations at Blancco

Data erasure and mobile technology company Blancco said in a trading update on Tuesday that, following the “significant” growth experienced in the second half of the last financial year, it had continued to benefit from growth in sustainability and governance.

18 Jan
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4basebio enters research collaboration with eTheRNA

Cell and gene therapy intellectual property company 4basebio announced a strategic research collaboration between its wholly-owned subsidiary 4basebio Discovery and eTheRNA immunotherapies on Tuesday.

18 Jan
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Avacta Group selects second pro-drug candidate

Clinical-stage biopharmaceutical company Avacta Group announced on Tuesday that the next ‘preCISION’ drug candidate, ‘AVA3996’, had been selected for preclinical development, with a view to a first-in-human phase one clinical trial from the second half of 2023.

18 Jan
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Kape Technologies flags higher-than-expected full-year revenue

Digital security and privacy company Kape Technologies reported a “landmark” 2021 in a trading update on Tuesday, in which it achieved “significant” strategic progress and delivered a “record” financial performance.

18 Jan
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Watkin Jones reports strengthening revenue, earnings

Rental housing developer Watkin Jones reported a 21. 5% improvement in revenue in its full-year results on Tuesday, to £430. 2m.

18 Jan
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Microsoft to buy Activision Blizzard in $68.7bn deal

Microsoft has agreed to buy video game company Activision Blizzard in a $68. 7bn deal.

18 Jan
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FTSE 250 movers: Trustpilot tanks; Just Group rallies

London’s FTSE 250 was down 1% at 22,640. 67 in afternoon trade on Tuesday.

18 Jan
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FTSE 100 movers: Pearson pushes higher ahead of update; Evraz retreats

London’s FTSE 100 was down 0. 6% at 7,568. 66 in afternoon trade on Tuesday.

18 Jan
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Bank of NY Mellon beat expectations with quarterly earnings

Investment bank Bank of New York Mellon beat quarterly earnings estimates on Tuesday after assets under management increased during the period thanks to higher market values and net inflows.

18 Jan
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Alliance Pharma set to top underlying profit expectations

Alliance Pharma reported “strong” full-year growth in a trading update on Tuesday, with see-through revenue rising 23%, or 27% on a constant currency basis, to £169. 6m.

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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.