Latest News
25 Jul
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Tuesday preview: US housing and consumer confidence, Unilever in focus

Investors' focus will be on a slew of economic data out of the States, including readings on the housing market and for consumer confidence.

25 Jul
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Europe close: Stocks end the session higher, outside of the German Dax

Most of Europe's main stock market indices shares rallied from early losses as investors braced themselves for the never-ending deluge of corporate news and a policy meeting of the US Federal Reserve later in the week.

25 Jul
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London close: Stocks mixed ahead of this week's Fed decision

London stocks closed in a mixed state on Monday as investors started to close their pocketbooks ahead of the US Federal Reserve’s policy announcement later in the week, amid a raft of corporate updates.

25 Jul
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Director dealings: Venture Life chair invests after well-received update

Venture Life Group was among the companies disclosing director transactions on Monday, after its non-executive chairman spent over £80k on shares.

25 Jul
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Natural gas futures jump as Gazprom cuts gas supplies through Nordstream 1 again

Gazprom will halt one of the two remaining turbines that power the Nordstream 1 gas pipeline's compressor station, in a move that is expected to further reduce volumes shipped to Germany.

25 Jul
Gigaclear looking to raise £300m in new funding - report

Fibre broadband network provider Gigaclear is reportedly looking to raise hundreds of millions of pounds of further funding to help roll out its expansion.

25 Jul
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FTSE 100 movers: Banks rally; Ocado loses ground

London’s FTSE 100 was up 0. 2% at 7,289. 63 in afternoon trade on Monday.

25 Jul
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Broker tips: Ferrexpo, Ocado, Watches of Switzerland

Credit Suisse upgraded Ferrexpo to 'outperform' from 'neutral' on Monday but cut its price target on the stock to 250. 0p from 260. 0p.

25 Jul
Vodafone Q1 German revenues fall

Telecoms group Vodafone reported a rise in first quarter revenues, driven by growth in the UK, but reported a fall in Germany, its biggest market.

25 Jul
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Premier Foods to buy The Spice Tailor for £43.8m

Oxo and Mr Kipling owner Premier Foods has agreed to buy Asian meal kits and accompaniments brand The Spice Tailor for an initial £43. 8m in cash.

25 Jul
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US open: Stocks mixed as final week of July trading gets under way

Wall Street trading got off to a mixed start on Monday as July gets set to draw to a close with another five days another jam-packed full of corporate earnings.

25 Jul
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ShoreCap starts Watches of Switzerland at 'buy'

Shore Capital initiated coverage of Watches of Switzerland on Monday with a ‘buy’ rating and 1,200p fair value.

25 Jul
FTSE 250 movers: Vesuvius red hot

The FTSE 250 was up 0. 14% at 19,853. 32 at 1501 BST.

25 Jul
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Barclays outlines plan to buy back $17.6bn in securities sold in error

UK bank Barclays on Monday outlined plans to buy back up to $17. 6bn in securities that it sold by mistake after exceeding registered amounts under US regulations.

25 Jul
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The Gym Group chair Penny Hughes steps down

The Gym Group said on Monday that chair Penny Hughes plans to retire with immediate effect.

25 Jul
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Mastec acquires IEA, revises H2 guidance

Contractor MasTec has agreed to acquire renewable energy and infrastructure services provider Infrastructure and Energy Alternatives in a cash-and-stock transaction valued at $14. 0 per share.

25 Jul
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US dollar strength and Fed rate hikes enough to kill inflation and push economy into recession, Jefferies says

The Federal Reserve was set to hike short-term interest rates by 75 basis points for a second time in a row at its next meeting on 26-27 July, Jefferies said, but that it would be the last such increment.

25 Jul
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Union Jack set for maiden profit as Wressle revenue hits $8m

Union Jack Oil announced on Monday that “material landmark” net revenues of $8m (£6. 63m) have been achieved from the Wressle hydrocarbon development within licences PEDL180 and PEDL182 in North Lincolnshire, on the western margin of the Humber Basin.

25 Jul
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Strong growth continues in first half at Ebiquity

Media investment analysis provider Ebiquity said in an update on Monday that it continued its growth trajectory in the first half with revenue of about £37m, up 16% year-on-year.

25 Jul
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Acquisitions drive first-half growth for Venture Life

Mouthwash and haemorrhoid cream maker Venture Life said in an update on Monday that it expected to report first-half revenue of £18. 9m, up 36% year-on-year.

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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.