Latest News
04 Jul
Monday newspaper round-up: House prices, UK manufacturers, Asda

House prices in Great Britain hit a record high in June but are likely to start falling during the next few months as five interest rate rises and a worsening cost of living crisis finally start to put the brakes on the property market’s record-breaking run, according to Rightmove. The property website said asking prices hit a record for a fifth consecutive month in June, rising by 0. 3% – or £1,113 – to reach £368,614. However, this was the smallest monthly increase since January, with the site saying: “The exceptional pace of the market is easing a little.

20 Jun
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Ocado to raise £575m in placing, secures new £300m banking facility

Ocado said on Monday that it was planning to raise £575m in a share placing to help fund its expansion, as it announced a new £300m banking facility.

20 Jun
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Tuesday preview: BoE and Fed speakers, DS Smith in the spotlight

On a light day in terms of economic data, investors' attention is likely to be on any policy-relevant remarks contained in speeches from top Bank of England and Federal Reserve policymakers scheduled for Tuesday.

20 Jun
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Europe close: Stocks start week on front foot but analysts cautious

European stocks put in slight gains at the start of the week with investors eyeing the latest election results in France and Spain.

20 Jun
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London close: Stocks start week with a positive finish

London stocks closed in positive territory on Monday, with deal news helping to lift investors’ spirits, although sentiment remained fragile amid ongoing concerns about a global recession.

20 Jun
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FTSE 100 movers: Banks rally; housebuilders slump

London’s FTSE 100 was up 1. 3% at 7,110. 32 in afternoon trade on Monday.

20 Jun
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Broker tips: EMIS Group, ITM Power, Paragon Banking

Analysts at Canaccord Genuity downgraded healthcare software provider EMIS Group from 'buy' to 'hold' on Monday after the company became the latest M&A target in the UK mid-market technology sector late last week.

20 Jun
FTSE 250 movers: Euromoney surges on takeover talk

The FTSE 250 was up 0. 34% at 18,990. 43 at 1515 BST.

20 Jun
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Europe midday: French stocks make small rally after election result

European stocks made gains in the latter part of Monday's morning session, with French rallying as investors digested Sunday's election result that saw President Emmanuel Macron lose control of the country’s parliament.

20 Jun
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Eurozone construction activity eases in April

The Eurozone’s construction sector faltered in April, official data showed on Monday.

20 Jun
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ShoreCap reiterates 'positive view' on Begbies Traynor

ShoreCap analyst Vivek Raja reiterated his "positive view" on shares of Begbies Traynor following equally positive press coverage of the business recovery specialist at the weekend.

20 Jun
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EasyJet cuts more flights to mitigate travel chaos

Low-cost airline easyJet said it was cutting more flights this summer and faced higher-than-expected costs as a result of staff shortages across the industry that has led to travel chaos at most British airports.

20 Jun
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Director dealings: Segro non-exec buys almost £0.4m of shares

Segro was on the list of director buys on Monday, after a non-executive director purchased almost £0. 4m worth of shares.

20 Jun
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ECB's Kazaks leaves door open to inter-meeting action to forestall fragmentations risks

The European Central Bank will react in a clear-headed and steady manner to any undue volatility in markets if needed, a top official said, even as he left the door open to action in between policy meetings, also if required.

20 Jun
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Plant Health Care signs production deal in Europe

Biological agriculture product developer Plant Health Care said in an update on Monday that it has signed a long-term production and supply agreement with an unnamed Europe-based fermentation company.

20 Jun
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Chariot inks deal with Schlumberger and Subsea 7

Chariot has signed a front-end engineering and design (FEED) with Schlumberger and Subsea 7, as part of a consortium, for the Anchois gas development project in Morocco, it announced on Monday.

20 Jun
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Pfizer to buy 8.1% stake in French vaccine company Valneva

Pfizer said on Monday that it has agreed to buy an 8. 1% stake in French specialty vaccine company Valneva for €90. 5m, or €9. 49 a share.

20 Jun
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RBC Capital Markets raises target price on Paragon Banking

Analysts at RBC Capital Markets raised their target price on specialist finance provider Paragon Banking Group from 560. 0p to 600. 0p on Monday following the firm's first-half results.

20 Jun
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Filtronic set to beat full-year earnings expectations

Critical components manufacturer Filtronic said in an update on Monday that it was continuing to build momentum as it developed its strategic markets.

20 Jun
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Sunny weather boosts retail footfall

Footfall across all UK retail destinations jumped last week, industry data showed on Monday, boosted by the weather.

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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.