Latest News
08 May
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Week ahead: Russia, Global inflation in focus

Russia is set to celebrate the fall of Nazi Germany with military parades throughout the country on Monday, but some observers fear that Moscow might use the event to double-down on the disastrous decision to invade its smaller neighbour.

06 May
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Europe close: Stocks fall amid interest rate jitters

European stocks slumped on Friday as fears of spiralling inflation and bigger interest rate rises dampened sentiment despite the release of a better-than-expected April jobs reports in the States.

06 May
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London close: US payrolls provide little cheer as stocks finish weaker

London stocks closed in negative territory on Friday amid concerns about surging inflation and rate hikes, after non-farm payrolls rose faster than expected in April.

06 May
Weekly review

The FTSE 100 ended the week 156. 61 points lower, closing at 7,387. 94 on Friday.

06 May
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Broker tips: Barratt Developments, Trainline, Boohoo

Analysts at Berenberg slightly lowered their target price on construction firm Barratt Developments from 810. 0p to 790. 0p but said it saw "no signs of a slowdown".

06 May
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FTSE 250 movers: 4Imprint, Beazley gain on results

London’s FTSE 250 was down 1. 3% at 19,829. 67 in afternoon trade on Friday.

06 May
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FTSE 100 movers: IAG flies lower after results; Endeavour rallies again

London’s FTSE 100 was down 1. 6% at 7,381. 68 in afternoon trade on Friday as investors mulled the latest US payrolls report.

06 May
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US open: Stocks extend losses despite better than expected jobs report

Wall Street stocks were in the red early on Friday as stocks continued to head south following the previous session's massive sell-off despite a slightly better than expected nonfarm payrolls report.

06 May
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US non-farm payrolls rise a bit faster than expected in April

Hiring in the US continued growing at a steady pace last month.

06 May
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US pre-open: Futures in the red following Dow's worst day since 2020

Wall Street futures were in the red ahead of the bell on Friday after the Dow Jones shed more than 1,000 points in the previous session.

06 May
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Director dealings: BAT non-exec invests, Keywords CFO covers tax bill

British American Tobacco was at the top of the list of buys on Friday afternoon, after a non-executive director spent more than a quarter-of-a-million pounds on shares.

06 May
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Takeover conditions being discussed as Boehly Chelsea deal imminent - report

The new owners of Chelsea Football Club would reportedly be prevented from paying dividends or taking management fees for a decade under a package of measures designed to avoid the controversies which have dogged Manchester United since the Glazers' takeover in 2005.

06 May
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McColls goes into administration with 16,000 jobs at risk

Troubled UK retail chain McColl's went into administration on Friday after talks with Morrisons to buy the chain of convenience stores fell through.

06 May
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Thor starts nickel survey on Ragged Range Project

Thor Mining announced the start of a ground-based electromagnetic survey over the nickel gossan now referred to as the Krona Prospect on Friday, at its wholly-owned Ragged Range Project in the Eastern Pilbara of Western Australia.

06 May
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Bens Creek working to increase independence from biggest shareholder

North American coal miner Bens Creek Group said in an update on Friday that it was taking “a number of steps” to increase its independence from its largest shareholder MBU Group Capital.

06 May
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SDI Group ends year ahead of market expectations

Digital imaging and sensing technology company SDI Group said in an update on Friday that, subject to its final accounts and audit, it anticipated revenues and profits for the financial year just ended to “materially exceed” current market expectations.

06 May
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Berenberg slightly lowers target price on Barratt Developments

Analysts at Berenberg slightly lowered their target price on construction firm Barratt Developments from 810. 0p to 790. 0p but said it saw "no signs of a slowdown".

06 May
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Camellia trading ahead of expectations as CEO steps down

Tea-focussed food grower Camellia announced on Friday that chief executive officer Tom Franks was not standing for re-election at its upcoming annual general meeting in late June.

06 May
Europe midday: Stocks slump as investors fret over future rate rises

European stocks slumped on Friday as fears of spiralling inflation and bigger interest rate rises dampened sentiment.

06 May
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Fusion Antibodies reports strong full-year revenue growth

Preclinical antibody discovery and supply company Fusion Antibodies reported 14% growth in revenue in a trading update on Friday, to £4. 8m.

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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.