Latest News
23 Mar
Sector movers: Oil&Gas paces gains

Oil&Gas topped the leaderboard in the middle of the week following news overnight that the US administration was set to propose fresh sanctions on Moscow at the back-to-back meetings of NATO, the G-7 and European Union council that were scheduled for Thursday.

23 Mar
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Sunak gambles with election-year tax cut as poor face living squeeze

UK Finance Minister Rishi Sunak placed a long-term bet on the 2024 General Election by pledging a cut in income taxes, while trying to ease the immediate financial pain of Britons with a reduction in fuel duty and threshold rise for National Insurance contributions.

23 Mar
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Europe close: Stocks slip as oil climbs on geopolitical worries

European shares surrendered early gains on Wednesday as investors monitored the war in Ukraine, digested the latest soaring UK inflation numbers and waited on back-to-back meetings of NATO, the G-7 and EU council were more sanctions were expected to be announced against Russia.

23 Mar
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Thursday preview: NATO/G7/EU meetings, factory and services PMIs in focus

The market spotlight on Thursday will be on the results of back-to-back discussions at NATO, G7 and the EU councild and what they might yield in terms of new sanctions on Russia.

23 Mar
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London close: Stocks weaker after 'badly designed' Spring Statement

London stocks turned negative to close below the waterline on Wednesday, after a much-anticipated Spring Statement from the Chancellor left many market watchers disappointed.

23 Mar
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Director dealings: Hammerson chair invests almost £40k, Thorpe director's wife makes sale

Hammerson disclosed a purchase worth almost £40k on Wednesday, made by its non-executive board chair, as it also reported the grant of share plan awards to four executives.

23 Mar
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US new home sales unexpectedly drop in February

Sales of new US single-family homes unexpectedly fell in February, according to figures released on Wednesday by the Commerce Department.

23 Mar
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Arecor granted first US patent for insulin formulations

Biopharmaceutical company Arecor Therapeutics announced on Wednesday that the United States Patent and Trademark Office has granted a patent protecting novel formulations of its proprietary insulin products, ‘AT247’ and ‘AT278’.

23 Mar
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Broker tips: GB Group, Halma

Analysts at Berenberg lowered their target price on software and services firm GB Group on Wednesday but stated the stock still represented "a good buying opportunity".

23 Mar
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FTSE 100 movers: Oil giants gush higher; Reckitt hit by downgrade

London’s FTSE 100 was 0. 1% higher in afternoon trade on Wednesday at 7,484. 76, as investors mulled Rishi Sunak’s spring statement.

23 Mar
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FTSE 250 movers: Essentra loses ground; TP Icap rallies again

London’s FTSE 250 was down 0. 5% at 21,012. 80 in afternoon trade on Wednesday.

23 Mar
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Futura signs up Korean partner for erection gel product

Pharmaceutical and drug delivery technology developer Futura Medical has entered into a licensing agreement with Menarini Korea, it announced on Wednesday, for the exclusive rights to commercialise the company's topical gel-based erectile dysfunction treatment MED3000 in South Korea.

23 Mar
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US open: Stocks head south as oil prices rise

Wall Street stocks were in the red early on Wednesday as both rising oil prices and elevated bond yields remained in focus.

23 Mar
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GENinCode inks collaboration with largest US medical school

Cardiovascular genetics company GENinCode announced a collaboration with the Indiana University School of Medicine (IU) on Wednesday - the largest medical school in the United States.

23 Mar
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Europa Metals upbeat on latest testing at Toral

Lead, zinc and silver developer Europa Metals announced positive results from x-ray transmission (XRT) ore sorting test work at the Toral project in Spain on Wednesday.

23 Mar
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4basebio launches two new synthetic DNA products

Cell and gene therapy developer 4basebio announced the expansion of its synthetic DNA product offering on Wednesday.

23 Mar
UK govt cuts fuel duty by 5p a litre

The UK government will cut fuel duty by 5p per litre, at a cost of £5bn, with the reduction to take effect from 6pm on Wednesday, Finance Minister Rishi Sunak has announced.

23 Mar
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ShoreCap reiterates 'buy' rating on 'high-quality' Halma

Analysts at Shore Capital Markets took a fresh look at safety equipment manufacturer Halma on Wednesday following the group's positive trading statement earlier in the session.

23 Mar
UK govt raises NI contributions threshold

The UK government on Wednesday lifted the national insurance (NI) threshold in an attempt to deflect criticisms from the upcoming manifesto-busting rise in NI contributions next month.

23 Mar
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MaxCyte reports record Q4 and full-year revenue

Cell engineering company MaxCyte reported record quarterly revenue of $10. 2m (£7. 73m) for the final three months of 2021 on Wednesday, up 19% year-on-year.

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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.