Latest News
04 Jul
Wednesday newspaper round-up: Airport chaos, shop prices, Brewdog

The International Air Transport Association (Iata) has blamed the half-term gridlock besetting UK airports on a problem with getting clearances for new staff, saying the time taken to approve recruits has more than tripled. Willie Walsh, director general of Iata, said it was now taking as long as three months to get security badges for new employees in the UK, compared with three to four weeks previously, meaning potential staff were seeking out other jobs. - Guardian.

02 Jun
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US close: Dow Jones up 435 points after solid intraday rally

Wall Street stocks staged a solid intraday comeback to close sharply higher on Thursday, reclaiming a chunk of the week's losses.

01 Jun
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US close: Stocks start June in negative territory

Stocks on Wall Street closed below the waterline on the first trading day of June, as investors digested the release of the Federal Reserve's Beige Book, which suggested the American economy was slowing its pace in some areas.

01 Jun
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Europe close: Stocks slip amid weak economic data, inflation worries

European stocks slipped into the red after eurozone manufacturing data showed growth fell to an 18-month low in May, with orders down for the first time in nearly two years amid inflationary pressures.

01 Jun
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Thursday preview: US jobs data, German producer prices in focus

Financial markets' focus on Thursday will be on a flurry of US job market indicators.

01 Jun
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London close: Stocks finish Jubilee week in the red

London stocks finished the three-day week lower on Wednesday, as investors mulled a slew of data, and looked ahead to the Platinum Jubilee bank holiday.

01 Jun
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Broker tips: B&M, Impax Asset Management

Analysts at Berenberg lowered their target price on asset manager Impax from 1,350. 0p to 1,250. 0p on Wednesday as ongoing market volatility had somewhat offset the firm's "strong H1 results".

01 Jun
Weekly review

The FTSE 100 ended the Platinum Jubilee-truncated week 52. 51 points lower, closing at 7,532. 95 on Wednesday.

01 Jun
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FTSE 250 movers: Dr Martens surges; Wood Group weaker

London’s FTSE 250 was down 0. 3% at 20,352. 25 in afternoon trade on Wednesday.

01 Jun
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Dr Martens lifts 2023 revenue guidance as FY profits surge

Dr Martens shares surged on Wednesday after the iconic bootmaker lifted its revenue guidance for next year as it posted a big jump in full-year pre-tax profits, driven by a "very strong” performance in the Americas and Europe, the Middle East, and Africa.

01 Jun
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Voluntary separations in US jobs market steady in April, JOLTS survey shows

The US labour market softened only a tad in April with workers still quitting their jobs at a fast pace, according to the results of a closely-followed survey.

01 Jun
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US open: Stocks flip into the red ahead of Fed Beige Book

Stocks on Wall Street moved into negative territory shortly after the start of trading as investors waited on the release of the Federal Reserve's Beige Book in order to glean insights into the outlook for the central bank's policy.

01 Jun
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US factory activity surprises to the upside in May, ISM survey shows

Manufacturing activity in the States defied expectations for a slight slowdown in May, the results of perhaps the most closely-followed survey for the sector showed.

01 Jun
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US factory activity slowed for a fourth month running in May, S&P Global says

Factory sector activity growth in the US slowed further for a fourth consecutive month in May amid supply-chain delays, labour shortages and slower demand growth, the results of a closely-followed survey revealed.

01 Jun
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FTSE 100 movers: ITV sitting pretty; BT in the red

London’s FTSE 100 was flat at 7,606. 40 in afternoon trade on Wednesday, with trade quiet ahead of the Platinum Jubilee bank holiday.

01 Jun
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Director dealings: AJ Bell directors invest in company's shares

Investment platform operator and stockbroker AJ Bell made a number of disclosures to the market on Wednesday, after purchases were made by two of its directors.

01 Jun
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Victoria taps Synthomer's Brian Morgan as its new CFO

Flooring company Victoria announced the upcoming departure of its chief financial officer Mike Scott on Wednesday, after more than six years in the post, with his position set to be filled by Synthomer director of group finance Brian Morgan.

01 Jun
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Xpediator announces new interim chairman, chief executive

Freight management service provider Xpediator updated the market on the make-up of its board on Wednesday, with the appointment of Gillian Wilmot as independent non-executive interim chairman.

01 Jun
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Nanosynth to seek partnerships in seven market verticals

Nanoparticle synthesis specialist Nanosynth said in an update on Wednesday that it has conducted a strategic review and, based on recent research and development, had identified seven new verticals in which it intended to focus on licensing its nanoparticle technology.

01 Jun
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Silverbullet raises £4.5m to help drive sales growth

Data service provider Silverbullet has conditionally raised £4. 5m before expenses, it announced on Wednesday, to help drive sales of its ‘4D’ product, as well as provide additional working capital.

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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.