Latest News
06 Jul
saudi dl rastanura ship terminal brent oil crude
Sector movers: Stocks bounce despite drag from Precious Metals, Oil and Gas

A motley assortment of sectors led the FTSE 350's bounce on Wednesday despite the release of weaker-than-expected economic data and the political ructions in Downing Street.

06 Jul
ecb dl euro bonds economy bank notes consumer inflation
Europe close: Stocks rise as bond yields ease but analysts cautious

European shares recouped some of the previous day's losses on Wednesday, although recession talk continued to make the rounds, prompting caution on the part of analysts.

06 Jul
boris johnson raging
UK cabinet ministers 'will tell Johnson to quit'

A delegation of senior cabinet ministers was reportedly gathering at Downing Street to urge UK Prime Minister Boris Johnson to quit after a mass of resignations from his government amid renewed criticism of his behaviour.

06 Jul
dl westminster houses of parliament london big ben political pb
London close: FTSE gains despite political chaos

London stocks ended firmly in the black on Wednesday following a heavy selloff in the previous session, as investors largely shrugged off political turmoil.

06 Jul
supermarket dl grocery 1
Director dealings: Supermarket Income REIT chairman picks up some shares

The chairman of Supermarket Income REIT picked up some shares in the grocery property-focused real estate investment trust following a sharp decline in the share price on 28 June.

06 Jul
ecb dl 3 euro bonds frankfurt germany economy
Thursday preview: ECB minutes, Fed speak in focus

Wednesday will be the European Central Bank's turn to publish the minutes of its last monetary policy meeting.

06 Jul
nyse dl us wall street stocks shares ny n y  new york
US open: Stocks little changed ahead of Fed minutes

Investors on Wall Street were in a skittish mood at the start of trading as a better-than-expected reading for a key survey of services sector activity nudged longer-term government bond yields higher.

06 Jul
DiscoverIE buys CDT Group for £5m

Electronics maker discoverIE Group on Wednesday said it had bought CDT group for £5m.

06 Jul
FTSE 250 movers: Investors get aboard Trainline as US visitors return to Europe

The FTSE 250 was up 1. 44% at 18,578. 50 at 1512 BST.

06 Jul
trainline
Trainline lifts guidance after surge in demand led by US visitors

Online rail ticketing platform Trainline on Wednesday lifted annual guidance after a bigger-than-expected surge in demand for travel, particularly from US visitors.

06 Jul
wal mart dl retail us consumer
US services sector acitivity slows less than expected in June, ISM says

Activity in America's services sector slowed by less than expected last month, the results of a key survey revealed.

06 Jul
dl abrdn standard life aberdeen investments investor logo ftse 100
FTSE 100 movers: Abrdn gains on buyback; Informa boosted by broker note

London’s FTSE 100 was up 1. 6% at 7,137. 33 in afternoon trade on Wednesday.

06 Jul
hunting dl 2 oilfield services
Broker tips: Hunting, Informa, Intertek

Analysts at Canaccord Genuity upgraded their rating for shares of Hunting from 'hold' to 'buy' following the recent sharp spill lower in the share price after the company posted its second quarter results.

06 Jul
bank of america dl banks us usa stocks
'Technically speaking' it's highly unlikely US is already in a recession, BofA says

It was "highly unlikely", technically speaking, that the US economy was in a recession, Bank of America Securities said, although there were some caveats.

06 Jul
unilever ben and jerry
Ben & Jerry's sues Unilever over ending of West Bank boycott

Ice-cream brand Ben & Jerry's is suing parent company Unilever for ending its boycott of occupied Palestinian territories, saying the decision conflicted with its “core values”.

06 Jul
microsoft dl windows 11 start dark pc software technology
CMA launches probe into Microsoft’s acquisition of Activision Blizzard

The UK’s Competition and Markets Authority said on Wednesday that it was launching an investigation into Microsoft’s $69bn acquisition of Activision Blizzard.

06 Jul
bank of america dl banks us finance
BofA reiterates 'buy' for Informa, says valuation 'adequately' pricing in risks

Analysts at Bank of America reiterated their 'buy' rating and 740. 0p target price for shares of British publishing and business intelligence outfit Informa.

06 Jul
1640167608 amazon
UK regulator to probe Amazon marketplace practices

Britain’s competition watchdog has started an investigation into whether US online giant Amazon has been giving its own sellers an unfair advantage over third-party rivals on its marketplace.

06 Jul
dl just eat takeaway sign delivery takeaways
European Commission raids online food delivery cos amid cartel concerns

The European Commission said on Wednesday that it had carried out unannounced inspections at the premises of online food and grocery delivery companies in two member states.

06 Jul
dl sirius real estate property developer business parks germany offices development workplace logo ftse 250
Sirius Real Estate trading in line with expectations

Sirius Real Estate said on Wednesday that it continues to trade in line with expectations.

News Source: © 2022 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.

 

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.