Latest News
17 Jan
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Unbound shares plunge after profits warning

Shares in Hotter Shoes owner Unbound Group plunged on Tuesday after the group issued a profits warning and said it would review operations.

17 Jan
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Europe close: Stocks rise as German economic confidence recovers from war

European shares rose on Tuesday after a gauge of economic confidence in Germany moved back into positive territory for the first time since the Russian invasion of Ukraine, prompting positive takeaways from politicians.

17 Jan
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London close: Stocks lower as wages pressure interest rates

London stocks closed below the waterline on Tuesday, after jobs data earlier showed wages rising at their quickest pace in more than 20 years in the November quarter, adding pressure on the Bank of England to hike rates.

17 Jan
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Serabi exceeds full-year gold production estimates

Brazil-focussed gold miner and developer Serabi said gold production in the fourth quarter of 2022 totalled 7,798 ounces.

17 Jan
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Sector movers: Electricity and Utilities pace gains on down day

Defensives figured prominently on the leaderboard on a down day for the stock market as Sterling continued to show staying power.

17 Jan
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Kibo mulling synthetic oil production at syngas plant

Renewables-focussed developer Kibo Energy announced a decision to potentially introduce an additional revenue stream to its 2. 7 MW plastic-to-syngas power plant on Tuesday, which sits within the 65%-owned Sustineri Energy.

17 Jan
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Ondine Biomedical upbeat on photodisinfection study

Ondine Biomedical said on Tuesday that a new study published in the journal Antibiotics found that antimicrobial photodisinfection therapy (aPDT) using its proprietary methylene blue-based photosensitiser in combination with a specific wavelength of light “effectively eradicated” pathogen biofilms commonly associated with periprosthetic joint infections (PJIs).

17 Jan
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Image Scan sells first two ThreatScan units in Africa

Image Scan announced the successful sale of the first two units of its ‘ThreatScan-AS1’ portable x-ray system in Africa on Tuesday.

17 Jan
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R&Q reports 'flurry of activity' at end of 2022

Non-life programme management and legacy insurance specialist R&Q updated the market on its programme management business on Tuesday.

17 Jan
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Empire State factory index drops sharply in January

Factory sector activity in the New York area fell sharply at the start of 2023, the results of a closely followed survey revealed.

17 Jan
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Avacta reports positive progress in chemotherapy trial

Oncology drug and diagnostics developer Avacta Group said in an update on Tuesday that ‘AVA6000’ was continuing to show a “very favourable” safety profile in the fourth dose cohort of the ALS-6000-101 dose escalation phase-one clinical trial.

17 Jan
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Alliance Pharma ends year in line with recent forecasts

Alliance Pharma said in a trading update on Tuesday that it delivered see-through revenues of £172m in 2022, up from £169. 6m in 2021 and in line with its November trading update.

17 Jan
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Kape to beat earnings expectations after strongest year ever

Digital security and privacy software company Kape said in an update on Tuesday that 2022 was its “strongest” year to date, with pro forma adjusted EBITDA now expected to exceed guidance.

17 Jan
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Atalaya Mining pleased with fourth quarter, full-year figures

Atalaya Mining said in an update on Tuesday that it mined 3. 5 million tonnes of ore in the fourth quarter of 2022 - in line with the fourth quarter of 2021 and down from 3. 8 million tonnes in the third quarter.

17 Jan
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Broker tips: 888 Holdings, Quilter, ITM Power

Analysts at Berenberg slashed their target price on bookmaker 888 Holdings from 320. 0p to 220. 0p on Tuesday, stating interest costs remained "a burden".

17 Jan
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Boku reports decent growth despite economic headwinds

Mobile payment technology specialist Boku said in an update on Tuesday that full-year revenues for 2022 were expected to be at least $63. 3m, up from $62. 1m year-on-year, despite “significant” currency headwinds.

17 Jan
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Director dealings: MP Evans CEO makes share sale

MP Evans revealed on Tuesday that chief executive Matthew Coulson had sold 2,557 ordinary shares in the AIM-listed palm oil producer.

17 Jan
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US open: Stocks mixed as Q4 earnings remain in focus

Wall Street trading got off to a mixed start on Tuesday as market participants digested more corporate earnings.

17 Jan
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Goldman Sachs posts weak Q4 due to drag from investment banking

Goldman Sachs posted weaker-than-expected profits and revenues for the last three months of 2022, due to the drag from investment banking as well as from its asset and wealth management arm.

17 Jan
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Ocado Retail posts flat fourth-quarter sales

Ocado Retail - a 50:50 joint venture between Ocado and Marks & Spencer - posted more or less flat fourth-quarter sales on Tuesday, with the average basket size down as shoppers bought less.

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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.