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27 Jul
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Stocks jump as Fed shifts to meeting by meeting approach

US monetary policymakers shifted back towards a meeting by meeting approach to setting interest rates on Wednesday, instead of offering explicit guidance on the magnitude of their next move.

27 Jul
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Thursday preview: US Q2 GDP, Barclays in focus

Investors' attention on Thursday will be on whether the US entered a so-called 'technical' recession, widely defined as two consecutive quarters of negative growth, during the second quarter.

27 Jul
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Europe close: Italian shares outperform as Unicredit ups guidance

European shares were higher on Wednesday amid a deluge of corporate results as cautious investors eyed the energy supply situation and awaited a rise in US interest rates.

27 Jul
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Sector movers: Cyclicals, Travel and Leisure names pace gains

Cyclicals paced gains ahead of the US central bank's policy announcement, possibly on hopes that policymakers might rein in their outlook for further interest rates.

27 Jul
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London close: Stocks make gains ahead of crunch Fed decision

London stocks closed in positive territory on Wednesday, helped along by well-received updates from the likes of Smurfit and Reckitt, as investors pored over fresh data from across the pond ahead of the latest policy announcement from the Federal Reserve later.

27 Jul
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US foreign trade narrows in June as imports dip

America's shortfall on trade in goods with the rest of the world shrank more quickly than expected last month, as imports slipped.

27 Jul
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Director dealings: THG chief buys, gives away £0.82m of shares

Online retail group THG was at the top of the list of director buys on Wednesday, after its chief executive officer gifted shares to a number of his friends.

27 Jul
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Dollar strength masks first-half progress at Boku

Mobile payments provider Boku said in an update on Wednesday that first-half payments revenue was expected to be at least $30. 3m, broadly in line with the $30. 7m it reported last year.

27 Jul
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Barclays sees 'opportunity' in Sabre Insurance after 'significant' de-rating

Analysts at Barclays reiterated their 'overweight' stance on shares of Sabre Insurance Group, telling clients that the "significant" de-rating in the shares was an opportunity.

27 Jul
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US pending home sales fall as mortgage rates rise

US pending home sales fell in June following a slight increase the month before, as mortgage rates rose, according to figures released on Wednesday by the National Association of Realtors.

27 Jul
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Broker tips: Unilever, EasyJet

Analysts at Deutsche Bank upgraded consumer goods company Unilever to 'buy' from 'hold' on Wednesday, stating prospects had now improved for the group.

27 Jul
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FTSE 100 movers: Smurfit rallies on results; Rio in the red

London’s FTSE 100 was up 0. 7% in afternoon trade on Wednesday at 7,356. 85.

27 Jul
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US open: Stocks higher as Q2 earnings continue to roll in

Wall Street stocks were in the green early on Wednesday as investors digested another fat stack of corporate earnings and awaited the outcome of the Federal Reserve's latest policy meeting.

27 Jul
Morrisons owner CD&R struggling to sell Motor Fuel Group - report

Clayton Dubilier & Rice’s efforts to sell Motor Fuel Group are reportedly stalling.

27 Jul
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US durable goods orders jump in June as defence aircraft orders nearly double

Orders for goods made to last more than three years posted a sharp and unexpected rise last month, albeit mainly on the back of a near doubling in orders for defence aircraft.

27 Jul
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Smart Metering lifts full-year earnings expectations

Smart Metering Systems said in a trading update on Wednesday that its index-linked annualised recurring revenue had grown 8% over the six months to 30 June, to £93. 1m, as it lifted its full-year earnings expectations.

27 Jul
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Chip shortage, China lockdowns led to Q1 loss for Jaguar Land Rover

Jaguar Land Rover reported strong demand and a record order book in its first quarter on Wednesday, but said sales were still constrained by the global chip shortage.

27 Jul
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Breedon wary going forward after strong first half

Construction materials group Breedon reported a 12% improvement in underlying revenue in its first half on Wednesday, to £671. 1m, as it also hiked its interim dividend.

27 Jul
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Credit Suisse names new CEO as losses widen significantly

Credit Suisse named a new chief executive officer on Wednesday, as it reported a much deeper loss than was expected in the second quarter.

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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.