Latest News
04 Jul
Tuesday newspaper round-up: Energy price cap, Palantir, Newport Wafer Fab

The energy price cap could reach nearly £3,000 in the Britain at the beginning of October, with the planned increase possibly being more than £1,000 according to a new forecast. It is expected to rise to £2,980. 63 for the next period, which runs between October and December, after another spike in wholesale demand prices last week. – Guardian.

22 Jun
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Wednesday preview: Fed's Powell, Berkeley Group Holdings in focus

All eyes on Wednesday will be on Fed chairman Jerome Powell as he delivers his semi-annual monetary policy report to Congress.

21 Jun
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US close: Dow Jones ends session more than 600 points higher

Wall Street stocks closed sharply higher on Tuesday as traders returned from the Juneteenth federal holiday in a more positive mood despite ongoing recessionary fears.

21 Jun
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London close: Stocks mixed as bargain hunters swoop

London stocks had pared some earlier gains to close mixed on Tuesday, as investors stepped in to pick up some recently-battered shares, but Ocado bucked the trend after a discounted share placing.

21 Jun
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AssetCo to buy asset manager SVM for £10.7m

AIM-listed asset and wealth management company AssetCo said on Tuesday that it had agreed to buy Edinburgh-based asset manager SVM for around £10. 7m.

21 Jun
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US existing home sales returning to pre-pandemic pace

Sales of existing homes in America slowed for a fourth month running, returning to the levels seen in 2019 before Covid-19.

21 Jun
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Director dealings: Judges Scientific chair makes £72k sale

Fintel was on the list of director buys on Tuesday, after its chief executive officer spent over £35k on a tranche of its shares.

21 Jun
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Broker tips: Mediclinic, Spire Healthcare, Asos, Boohoo, AB Foods, Pearson

Analysts at Berenberg initiated coverage on Mediclinic and Spire Healthcare on Tuesday as they took a fresh look at the healthcare sector.

21 Jun
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FTSE 100 movers: DS Smith rallies on results; Ocado slumps after placing

London’s FTSE 100 was up 0. 4% at 7,147. 35 in afternoon trade on Tuesday.

21 Jun
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US open: Stocks in the green as traders return from Juneteenth break

Wall Street stocks were firmly in the green early on Tuesday as traders returned from the Juneteenth federal holiday in a more positive mood despite ongoing recessionary fears.

21 Jun
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Gaming Realms awarded gambling content licence in Connecticut

Mobile-focussed gambling content provider Gaming Realms has been awarded an online gaming service provider licence by the Connecticut Department of Consumer Protection, it announced on Tuesday, making it the fourth US state where it is licensed.

21 Jun
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FireAngel set to meet half-year expectations

Home safety technology company FireAngel said in an update on Tuesday that it anticipated a first-half performance in line with its expectations.

21 Jun
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Future Metals updates resource estimate for Panton

Future Metals announced an updated mineral resource estimate for its wholly-owned Panton platinum group metals-nickel project in northern Western Australia on Tuesday, of five million ounces of palladium, platinum and gold and 238 kilotonnes of nickel, at a grade of 1. 66 palladium equivalent grams per tonne.

21 Jun
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United Oil spuds latest Abu Sennan development well

United Oil & Gas announced the spudding of the Al Jahraa-14 development (AJ-14) well in the Abu Sennan licence, onshore Egypt on Tuesday.

21 Jun
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Eqtec agrees proposed joint venture funding with Optima Bank

Hydrogen and biofuels-focussed technology developer Eqtec announced the receipt and acceptance of non-binding heads of terms with Optima Bank for a debt facility on Tuesday, to support the construction of a 1MWe waste-to-energy project at Livadia, in Boeotia, Greece.

21 Jun
FTSE 250 movers: EasyJet flies lower on Spain strike news

The FTSE 250 was up 0. 15% at 19,038. 42 at 1420 BST.

21 Jun
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Glencore Energy pleads guilty to seven counts of bribery in Africa

Glencore Energy has pleaded guilty to seven charges of bribery linked to oil operations in Nigeria, Cameroon, Ivory Coast, Equatorial Guinea and South Sudan.

21 Jun
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Kellogg's to split into three separate companies

US foods giant Kellogg is splitting into three public companies by spinning off its North American cereal and plant-based divisions, the company said on Tuesday.

21 Jun
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Berenberg initiates coverage on Spire Healthcare and Mediclinic

Analysts at Berenberg initiated coverage on Mediclinic and Spire Healthcare on Tuesday as they took a fresh look at the healthcare sector.

21 Jun
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JP Morgan downgrades fast fashion retailers

JP Morgan has downgraded Asos and a clutch of other European retailers on Tuesday, on the back of the mounting cost of living crisis.

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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.