Latest News
09 Jul
Monday newspaper round-up: Twitter, mortgages, Boots

Elon Musk, Twitter’s biggest shareholder, has decided not to join the social media company’s board, its chief executive Parag Agrawal has said. Musk, who disclosed a 9. 2% stake in Twitter just a few days ago, was offered a board seat and his appointment was to become effective on Saturday. But Agrawal posted on Twitter that Musk had declined the offer. “Elon shared that same morning that he will no longer be joining the board,” Agrawal said on Sunday. - Guardian .

12 Apr
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Waning confidence puts brakes on retail sales growth

Retail sales growth slowed in March, according to fresh data released on Tuesday, as waning consumer confidence took the wind out of the sector’s recovery from the pandemic.

11 Apr
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US close: Stocks sharply lower ahead of Q1 earnings

Wall Street stocks registered losses on Monday as Treasury yields continued to move higher ahead of the Q1 earnings season.

11 Apr
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Sector movers: Inflation worries drag on stocks, Defence issues wanted

Cyclical issues fared worst at the start of the week amid ongoing heightened concerns around the war in Ukraine and its potential duration.

11 Apr
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Tuesday preview: US CPI, Asos in the spotlight

The spotlight on Tuesday will be on a reading for US consumer prices in March.

11 Apr
Europe close: Stocks end lower, China and Ukraine in focus

European shares finished lower on Monday on the back of weaker Asian markets as Chinese bond yields fell below their US counterpart for the first time in a decade amid rising numbers of Covid-19 cases in China.

11 Apr
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London close: Stocks weaker as economic data disappoints

London stocks closed in negative territory on Monday, after GDP data painted a disappointing picture of the UK economy.

11 Apr
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JP Morgan reiterates 'overweight' on UK equities, sees multiple positives

Strategists at J. P. Morgan reiterated their 'overweight' stance for UK equities, pointing to their "very attractive" valuations, the highest dividend yields from among key regions and low beta to back up their case.

11 Apr
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Elon Musk not joining Twitter board

Tesla owner Elon Musk has decided not to join the board of Twitter after taking a 9. 2% stake in the social media company.

11 Apr
Visual effects firm Cinesite exploring £300m sale - report

London-based visual effects producer Cinesite, whose recent credits include the latest Bond film, is reportedly being groomed for a sale that could value it at more than £300m.

11 Apr
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Broker tips: Sainsbury, Pets At Home, WPP

Analysts at Jefferies upgraded supermarket Sainsbury's from 'hold' to 'buy' on Monday after taking a fresh look at general retailers in the UK.

11 Apr
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Thoma Bravo to buy SailPoint in $6.9bn deal, shares surge

Software investment firm Thoma Bravo has agreed to buy cybersecurity firm SailPoint in a $6. 9bn deal.

11 Apr
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US open: Stocks head south ahead of Q1 earnings

Wall Street stocks opened lower on Monday as Treasury yields continued to move higher ahead of the Q1 earnings season.

11 Apr
Ascential mulling group break up

Information and data company Ascential on Monday confirmed it was considering a break-up of the group.

11 Apr
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Director dealings: Litigation Capital chair invests, Redrow director moves shares to ISA

Litigation Capital Management was at the top of the list of buys on Monday, after its chairman spent more than a quarter-of-a-million pounds on its shares.

11 Apr
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FTSE 100 movers: Prudential falls; Sainsbury's boosted by upgrade

London’s FTSE 100 was down 0. 6% at 7,627. 45 in afternoon trade on Monday.

11 Apr
FTSE 250 movers: Wood Group in favour; Aston Martin hits the skids

The FTSE 250 was down 0. 49% at 21,071. 11 at 1445 BST.

11 Apr
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Kaseya to buy Datto in $6.2bn deal

Miami-based IT management company Kaseya has agreed to buy Datto, a provider of security and cloud-based software solutions, in a $6. 2bn cash deal.

11 Apr
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Amigo rallies as FCA says it won't oppose new compensation scheme

Shares of Amigo Holdings rallied on Monday after the Financial Conduct Authority said it would not go to court to oppose the subprime lender’s rescue plans.

11 Apr
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Sabien Technology awarded another UK government contract

Heating, cooling and transport technology company Sabien has been awarded a further contract by a UK government department, it announced on Monday, worth £0. 26m.

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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.