Latest News
16 Jan
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Week ahead: US and China data, BoJ in the spotlight

Investors' focus over the coming week will continue to be on the US, where several key economic reports will be reported throughout the week and a multitude of Federal Reserve officials are scheduled to take to the podium.

13 Jan
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London close: Stocks rise as UK economy unexpectedly grows

London stocks closed above the waterline on Friday after a better-than-expected UK GDP reading, as investors sifted through a number of key earnings from across the pond.

13 Jan
Weekly review

The FTSE 100 ended the week up 144. 58 points, or 1. 88%, closing at 7,844. 07 on Friday.

13 Jan
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Premier Miton 'encouraged' by first-quarter performance

Premier Miton reported closing assets under management of £11. 1bn at the end of its first quarter on Friday, up from £10. 6bn quarter-on-quarter.

13 Jan
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Europe close: Stocks finish off second positive week in a row

European shares were higher on Friday as investors were cheered by US inflation undershooting estimates and the UK and German economies put in better-than-expected performance, suggesting that recessions may not be as steep as first feared.

13 Jan
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Belluscura makes 'considerable progress' in 2022

Portable oxygen concentrator developer Belluscura described “considerable progress” in a trading update on Friday, reporting that since the launch of its first-generation ‘X-PLOR’ in September 2021, it was now distributing throughout the United States through multiple sales channels.

13 Jan
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Caledonia Mining reaches record annual gold production

Caledonia Mining reported record annual gold production in an update on Friday, of 80,775 ounces, exceeding the top end of its guidance and achieving its long-standing production target.

13 Jan
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Sector movers: Stocks grind higher as investors 'buy the world'

Big Pharma and Banks paced gains in the stock market at the end of the week with investors apparently opting to go global, pushing the FTSE 100 nearer to its record highs in the process.

13 Jan
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BlackRock reports 'strong momentum' as quarterly profits fall

BlackRock reported an 18% fall in its fourth-quarter adjusted profits on Friday, to $1. 36bn, as weakening economic sentiment put a lid on its fee income.

13 Jan
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Broker tips: Pendragon, Whitbread

Analysts at Berenberg resumed coverage on used car dealers Pendragon at 'buy' on Friday after suspending its coverage on the stock back in September, stating the firm was now "back to business".

13 Jan
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Bens Creek confirms second highwall miner, agrees option for third

American coal miner Bens Creek Group announced on Friday that it has signed an amendment to the agreement with its highwall mining contractor Mega Highwall Mining, to confirm the provision and delivery of a second highwall miner - unit 77 - by the end of January.

13 Jan
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Director dealings: Xtract Resources chairman raises stake

Xtract Resources revealed on Friday that chairman Colin Bird had acquired 1. 0m ordinary shares in the AIM-listed mining company.

13 Jan
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Celadon's new finance chief to join later in January

Celadon Pharmaceuticals updated the market on the arrival of its new finance chief on Friday.

13 Jan
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Taylor Wimpey sees FY profit in line with market views, cautious over outlook

Taylor Wimpey said on Friday that full-year operating profit was set to be in line with market views and that it was looking to cut costs, as it cautioned that sales remain "significantly" below the third quarter of last year amid rising mortgage rates and ongoing market uncertainty.

13 Jan
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Slower US wage growth in December may point to 25bp Fed hike, Barclays says

US central bank survey data published the day before suggested that wage growth decelerated "notably" at the end of 2022.

13 Jan
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Ncondezi gets approval for solar project transmission study

Ncondezi Energy updated the market on its 300MW solar photovoltaic (PV) and battery energy storage system (BESS) project’s transmission integration study on Friday, reporting that the study to connect the solar project into the grid had been approved by Electricidade de Moçambique (EDM).

13 Jan
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Consumer confidence rises and inflation expectations drop in December, University of Michigan says

Consumer confidence in the US improved for a second month from a low base at the start of 2023, the results of a closely followed survey revealed.

13 Jan
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Appreciate trades in line ahead of takeover by PayPoint

Corporate and consumer loyalty and redemption specialist Appreciate Group said in an update on Friday that trading in its third quarter was “as expected”, reflecting its normal pattern of seasonality.

13 Jan
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Applied Graphene Materials still in talks with potential suitors

Applied Graphene Materials updated the market on its ongoing strategic review on Friday, reporting that alongside financial adviser Alvarez & Marsal Europe, it was continuing discussions with various parties that had submitted non-binding indicative proposals for either the sale of its trade and assets, or of shares in its main operating subsidiary.

13 Jan
FTSE 250 movers: C&C loses fizz, bets off for 888 Holdings

FTSE 250: 19,924. 89, up 0. 42% at 1507 GMT.

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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.