Latest News
25 Jan
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Director dealings: Cornerstone FS CEO makes share purchase

Cornerstone FS revealed on Monday that chief executive James Hickman had acquired 55,000 ordinary shares in the AIM-listed international payment services provider.

24 Jan
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Europe close: Shares get boost from EZ confidence data

European shares finished strongly on Monday, rebounding from a mid-afternoon nap to start to the week on a high, despite a dearth of data and with most Asian markets shut due to the Lunar New Year holiday.

23 Jan
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London close: Stocks buoyed by gains on Wall Street

Stocks traded slightly higher despite downbeat forecasts for the UK economy out of consultancy EY, thanks to increased speculation of a downshift in the speed of rate hikes in the US.

23 Jan
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Broker tips: Everyman Media, Energean, AB Foods

Analysts at Canaccord Genuity lowered their target price on cinema chain operator Everyman Media on Monday, stating that while the group had delivered a full-year earnings beat, growth trajectory for the coming two years had "moderated".

23 Jan
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Microsoft strikes multi-year agreement with ChatGPT-maker

Tech giant Microsoft revealed on Monday that it has struck a new multi-year, multi-billion dollar investment into ChatGPT-parent company OpenAI.

23 Jan
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Tuesday preview: Global factory and services PMIs, UK public sector borrowing in focus

Financial markets' focus on Tuesday would be on a raft of purchasing managers' surveys from around the world, not least in the UK.

23 Jan
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FTSE 100 movers: BP and Antofagasta gain on optimism around China

BP lent its heft to gains on the top-flight index as crude oil futures advanced on the back of the latest mobility figures out of the People's Republic of China over the Lunar New Year the day before.

23 Jan
FTSE 250 movers: IDS starts to deliver

FTSE 250: 19,748. 75, up 0. 23% at 1446 GMT.

23 Jan
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Index of leading US economic indicators falls by more than expected in December

A gauge of economic indicators designed to provide forward guidance on the US economy fell more sharply than expected at the end of 2022.

23 Jan
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US open: Stocks higher as traders brace for corporate earnings

Wall Street stocks were in the green early on Monday as market participants looked ahead to a busy week of earnings.

23 Jan
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UK recession likely to be worse than feared, warns EY

The UK economy is facing a deeper recession than currently expected, economic forecasters at EY warned on Monday.

23 Jan
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Canaccord Genuity lowers target price on Everyman Media

Analysts at Canaccord Genuity lowered their target price on cinema chain operator Everyman Media on Monday, stating that while the group had delivered a full-year earnings beat, growth trajectory for the coming two years had "moderated".

23 Jan
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Government to pay steel industry £600m to go green - report

The government is poised to announce £600m in grants to help the UK’s energy-intensive steel industry go green, it was reported on Monday.

23 Jan
Endeavour Mining says production hits top end of estimates

Endeavour Mining said it gold production had hit the top end of estimates and also announced the appointment of its new financial officer.

23 Jan
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Berenberg lowers target price on Energean

Analysts at Berenberg lowered their target price on exploration and production company Energean from 1,750. 0p to 1,580. 0p on Monday, as a slower than expected ramp-up created cause for concern despite the company's solid cash flow story.

23 Jan
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Households paid to cut energy usage as cold snap bites

National Grid will pay some British households to use less power on Monday, the first time a new scheme will be put into practice.

23 Jan
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Spotify announces 6% headcount reduction

Spotify announced a 6% reduction in its headcount, joining the ranks of other tech giants who had announced redundancies recently.

23 Jan
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London midday: Stocks edge higher amid dearth of data

Stocks were trading slightly higher come midday despite downbeat forecasts for the UK economy out of consultancy EY, thanks to increased speculation of a downshift in the speed of rate hikes in the US.

23 Jan
Europe midday: Shares pare gains in quiet trade

European shares pared gains on Monday in a quiet start to the week with most Asian markets shut due to the Lunar New Year holiday.

23 Jan
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US pre-open: Stocks little changed ahead of earnings heavy week

Wall Street futures were trading slightly lower ahead of the bell on Monday as market participants looked ahead to a busy week of earnings.

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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.