Latest News
09 Jul
Thursday newspaper round-up: Pensions gap, access to cash, energy industry

Unions have called on the government to take urgent action to fix a “whopping pensions gap”, as research showed women working in many industries have half the retirement savings of men. The TUC said Thursday was “gender pensions gap day”, when female pensioners in Great Britain start getting paid after effectively going four and a half months without retirement income. - Guardian.

20 May
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UK consumer confidence reaches lowest level ever in May

Consumer confidence in the UK dipped even further in May, according to a long-running survey released on Friday, making for the lowest overall confidence score since records began.

19 May
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US close: Stocks fall further as growth concerns linger

Equities on Wall Street closed lower again on Thursday, after both the Dow Jones and S&P 500 booked their biggest single-day losses in almost two years in Wednesday’s session.

19 May
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Europe close: Stocks hit by sell-off in US, currency strength

European shares finished lower on Thursday following a sell-off in US equities the night before and as recent strength in the Greenback faltered.

19 May
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ShoreCap stays at 'buy' for most UK banking groups, prefers Barclays and Virgin Money UK

Analysts at ShoreCap reiterated their 'buy' recommendation for shares of the majority of the UK's main banking groups - with the exception of HSBC.

19 May
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London close: Stocks fall further as economic jitters grow

London stocks were weaker at the close again on Thursday, having taken their cue from a selloff on Wall Street overnight amid growing concerns about global growth.

19 May
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Friday preview: UK retail sales, euro area consumer confidence in focus

The market spotlight at the end of the week will be on UK retail sales figures for the month of April, as economists try to discern how the consumer is holding up and reacting to the uncertainty at home and overseas.

19 May
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Philly Fed index slumps in May amid slower inventory building

Factory sector activity in the US mid-Atlantic region cooled significantly in May, largely as a result of firms slower stockbuilding.

19 May
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Wedbush slashes Tesla price target on China headwinds

Wedbush slashed its price target on Tesla on Thursday to $1000 from $1400 as it argued that China headwinds are hard to ignore.

19 May
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Broker tips: Auto Trader, Future

Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800. 0p to 720. 0p on Thursday ahead of the group's full-year results on 26 May.

19 May
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Director dealings: Knights Group execs make purchases, Goldplat non-exec sells shares

Knights Group was at the top of the list of director buys on Thursday, after it disclosed a number of purchases, including two made by its chief executive and chief financial officers.

19 May
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FTSE 250 movers: PageGroup goes ex-div; HomeServe surges on takeover

London’s FTSE 250 was down 1. 5% at 19,657. 34 in afternoon trade on Thursday.

19 May
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ITM Power wins £9.3m contract under government net-zero programme

Energy storage and clean fuel technology company ITM Power has been awarded a contract by the Department for Business, Energy and Industrial Strategy (BEIS), it announced on Thursday.

19 May
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US existing home sales dip in April, more declines anticipated

Existing home sales in the States fell in April and the slowdown in activity appeared set to continue, a leading business lobby group said and some economists were even more downbeat.

19 May
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US open: Dow Jones extends losses in early trade

Wall Street trading got off to a mixed start early on Thursday after both the Dow Jones and S&P 500 booked their biggest single-day losses in almost two years in the previous session.

19 May
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Berenberg slashes target price on 'mispriced' Future

Analysts at Berenberg slashed their target price on media company Future from 5,225. 0p to 3,600. 0p on Thursday, stating it was currently "a mispriced share".

19 May
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Deutsche Bank lowers target price on Auto Trader

Analysts at Deutsche Bank lowered their target price on automotive classified advertising business Auto Trader from 800. 0p to 720. 0p on Thursday ahead of the group's full-year results on 26 May.

19 May
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FTSE 100 movers: Airtel Africa rises; Royal Mail under pressure

London’s FTSE 100 was down 2. 4% to 7,262. 03 in afternoon trade on Thursday.

19 May
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Barclays backing Issa brothers bid for Boots - report

Barclays is reportedly leading of group of banks backing TDR Capital and the Issa brothers on their multibillion pound bid for the Boots chemist chain.

19 May
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US jobless claims jump past forecasts during latest week

The US jobs market continues to be quite tight, the latest figures for unemployment claims filings showed.

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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.