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07 Apr
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March bounce for footfall overshadowed by inflation storm

Retail footfall bounced back from the pits of Omicron in March, fresh industry data revealed on Thursday, though it was being viewed with caution as a possible calm before the inflationary storm.

06 Apr
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US close: Stocks weaker as Fed lays out wind-down plans

Wall Street stocks closed in negative territory on Wednesday, as traders sifted through the minutes from the latest Federal Reserve two-day policy meeting, released late in the session.

06 Apr
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London close: Stocks weaker as traders mull latest Fed comments

London stocks closed in negative territory on Wednesday, as investors mulled hawkish Fed comments and the latest reading on the UK construction sector, and considered the impact of further sanctions against Russia.

06 Apr
Europe close: Stocks slide on prospect for faster policy tightening by central banks

European stocks slid as investors fretted about the impact of further sanctions on Russia after allegations of civilian killings by its troops in Ukraine and hawkish comments overnight from US Federal Reserve officials.

06 Apr
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Marshalls to buy roofing specialist Marley for £535m

Stone and concrete landscape products maker Marshalls said on Wednesday that it has agreed to buy roofing specialist Marley from private equity firm Inflexion for £535m, with part of the consideration to be funded through a share placing.

06 Apr
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Thursday preview: ECB minutes, UK house prices in focus

The market spotlight on Thursday will fall on the minutes of the European Central Bank's 10 March policy meeting.

06 Apr
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BoA raises 2022-23 UK CPI forecasts, expects four hikes in Bank Rate

Economists at Bank of America raised their short-term inflation forecasts for the UK, predicting that Bank would hike short-term interest rates four more times as it tried to navigate both the risk of a recession and of too-high inflation.

06 Apr
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Berenberg downgrades Polymetal, upgrades Hochschild

Berenberg downgraded Polymetal on Wednesday to ‘hold’ from ‘buy’, citing heightened uncertainty around the Russian assets and saying it has changed its valuation to be based on the NAV of the Kazakh assets alone.

06 Apr
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FTSE 250 movers: Premier Foods powers ahead; Polymetal hit by downgrade

London’s FTSE 250 was down 1. 3% at 21,083. 63 in afternoon trade on Wednesday.

06 Apr
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Polish central bank raises rates by greater-than-expected 100 bp

Rate-setters in Warsaw hiked short-term rates by a greater-than-expected 100 basis points following inflation readings that came in an at a more than two decade high.

06 Apr
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Broker tips: Crest Nicholson, AstraZeneca

Analysts at Berenberg reiterated their 'buy' rating on Crest Nicholson on Wednesday after the group became the first listed housebuilder to sign up to the government's Building Safety Programme.

06 Apr
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FTSE 100 movers: Imperial Brands rallies; Smurfit slumps

London’s FTSE 100 was down 0. 7% at 7,557. 11 in afternoon trade on Wednesday.

06 Apr
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Berenberg reiterates 'buy' rating on Crest Nicholson

Analysts at Berenberg reiterated their 'buy' rating on Crest Nicholson on Wednesday after the group became the first listed housebuilder to sign up to the government's Building Safety Programme.

06 Apr
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US open: Stocks lower ahead of FOMC minutes

Wall Street stocks opened lower on Wednesday as traders awaited the publication of minutes from the FOMC's latest two-day policy meeting.

06 Apr
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Barratt signs UK cladding pledge; expects £350m-£400m provision

Barratt Developments has become the latest housebuilder to add its name to a UK government pledge to make properties safe following the Grenfell Tower fire.

06 Apr
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Director dealings: Bodycote director's pension invests, Goodwin exec makes family deals

Bodycote disclosed a purchase worth more than £0. 1m on Wednesday, after a non-executive director’s pension scheme invested in a number of its shares.

06 Apr
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Deutsche Bank hikes AstraZeneca target price despite rising rate environment

Analysts at Deutsche Bank hiked their target price for shares of AstraZeneca, telling clients they saw no reason to tilt towards so-called 'value' names in the space and away from 'growth'.

06 Apr
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French minister says EU sanctions on Russian oil and gas required 'sooner or later'

President of the European Council Charles Michel stated on Wednesday that sanctions against Russian oil and gas would be required "sooner or later", as the EU continues to lean towards completely banning energy purchases from Moscow.

06 Apr
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Brandshield wins new business contract with 'leading pharmaceutical company'

Cybersecurity group BrandShield Systems has secured a new business contract with an unnamed "leading pharmaceutical company".

06 Apr
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Inland Homes makes two land sales to help pay down debt

Housebuilder and brownfield developer Inland Homes announced two land sales on Wednesday - at the former telephone exchange in Staines, and the third phase of Gardiners Park Village in Basildon.

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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.