Latest News
29 Apr
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Friday preview: US and euro area inflation, NatWest Group in the spotlight

Investors' attention at the end of the week will be on a raft of inflation readings on either side of the Atlantic.

29 Apr
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Number of empty shops falls as UK economy reopens

The number of shops standing empty fell in the first quarter, industry research showed on Friday, as the UK economy reopened following the worst of the pandemic.

28 Apr
dl city of london square mile financial district river thames millennium bridge pb
London close: Stocks firmer despite surprise fall for US GDP

London stocks closed in positive territory on Thursday, even after data from across the pond showed the US economy contracting, after investors made their way through a pile of earnings reports during the morning.

28 Apr
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Twitter posts revenue miss after agreeing Musk takeover

Twitter reported a 16% improvement in first quarter revenue on Thursday, to $1. 2bn (£0. 97bn), missing expectations for a figure of $1. 2bn due to Ukraine war “headwinds”.

28 Apr
gas prices usa
US GDP contracts unexpectedly in Q1 for first time since mid-2020

The US economy contracted unexpectedly in the first quarter as strong consumer and business spending was offset by a ballooning trade deficit, slower inventory build and a fall in public expenditure.

28 Apr
stockholm
Europe close: Shares pare gains after US GDP data, Sweden rate hike

European stocks closed in positive territory, but off the days highs as US first-quarter GDP contracted unexpectedly and Sweden's central bank unveiled a surprise hike in interest rates.

28 Apr
Europe midday: Gains trimmed as Sweden lifts rates unexpectedly

European stocks trimmed early gains on Thursday as Sweden unexpectedly raised interest rates, raising fears that the European Central Bank may move earlier than planned with its own hike.

28 Apr
germany dl berlin bundestag
German CPI pushed higher by food prices in April

The cost of living in the euro area's largest economy edged past economists' forecasts in April despite a dip in goods' prices.

28 Apr
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Broker tips: WPP, Standard Chartered

Analysts at Berenberg hiked their target price on media group WPP from 1,185. 0p to 1,230. 0p on Thursday after the company raised guidance despite apparent headwinds.

28 Apr
bank of america dl banks us finance
With PE at 30-year low, BoA reiterates 'buy' on StanChart

Analysts at Bank of America hiked their target price for shares of StanChart following the lender's better-than-expected first quarter numbers.

28 Apr
Sweden unexpectedly lifts key interest rate; flags more hikes as inflation soars

Sweden’s central bank on Thursday raised a key interest rate from zero to 0. 25%, citing the highest inflation level since the 1990s, and said more hikes would follow.

28 Apr
dl exchange place wall st street pl new york city nyc ny nyse stock exchange dow jones sp nasdaq finance dollar dollars us usa united states of america
US open: Stocks in the green despite unexpected decline in GDP

Wall Street stocks traded higher early on Thursday as corporate earnings continued to stream in and investors digested an unexpected decline in first-quarter gross domestic product.

28 Apr
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Director dealings: City Pub directors invest, Tatton exec moves shares to ISA

The City Pub Group was at the top of the buying side of the ledger on Thursday, after two of its directors bought shares in the company.

28 Apr
FTSE 100 movers: StanChart shares soar on earnings; Sainsbury's lower

The FTSE 100 was up 1. 12% at 7,508. 92 at 1502 BST.

28 Apr
Sainsburys store, retail, supermarkets, Sainsbury's
Sainsbury's warns on profits as cost-of-living crisis, inflation bite

UK supermarket chain Sainsbury's warned of lower profits this year due to the impact of the cost-of-living crisis on consumers' disposable income and inflationary pressure.

28 Apr
whitbread premier
Whitbread raises cost inflation guidance as profits, dividend return

Premier Inn and pub operator Whitbread on Thursday swung to a forecast-beating full-year profit and resumed dividends, but raised guidance on cost inflation as the economic squeeze continued to hit consumers.

28 Apr
FTSE 250 movers: Index up on strong earnings as Spectris leads way

The FTSE 250 was up 1. 26% at 20,694. 42 at 1450 BST.

28 Apr
dl weir group oil services oilfield energy engineering company logo ftse 250
Weir Group sees hit of up to £20m from Russia exit

Engineering group Weir said it would take a hit of up to £20m as it announced an exit from Russia due to the Ukraine war.

28 Apr
jobless, unemployment, employment, us, usa, america, department of labor
US initial jobless claims fall by 5,000

US initial jobless claims dropped 180,000 in the week ended 23 April, as expected by analysts, down from an upwardly revised print of 185,000 a week earlier.

28 Apr
mcdonalds sign shop takeaway burger restaurant
McDonald's beats expectations with Q1 revenues

Fast-food giant McDonald's posted first-quarter revenues that beat analysts' estimates on Thursday, driven by higher prices in the US and solid international sales growth.

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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.