Latest News
03 Feb
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Friday preview: US jobs report, global services PMIs in the spotlight

All eyes at the end of the week will be on what economists consider the most important of all economic reports published each, the monthly non-farm payrolls data.

03 Feb
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January sales help boost retail footfall

Retail footfall strengthened last month, industry data showed on Friday, as shoppers sought out a bargain in the January sales and employees headed back to the office.

02 Feb
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JD Sports surges as growth plan unveiled by new CEO Schultz

Shares in sports fashion retailer JD Sports Fashion surged on Thursday as the company revealed it is aiming to grow revenues and margins by double digits over the next five years alongside a rapid store expansion under a strategy outlined by new chief executive Regis Schultz.

02 Feb
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Sector movers: Real estate, Travel and Leisure pace gains

Interest rate sensitive real estate and construction paced gains on the stock market on Thursday as many analysts speculated that the Bank of England might be at or near its rate hiking cycle.

02 Feb
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Europe close: Stocks rise even as ECB guides towards more rate hikes

European stocks clocked in with solid gains on Thursday after dovish remarks from the US Federal Reserve on inflation prompted rallies on Wall Street and in Asia.

02 Feb
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London close: Stocks jump as investors eye interest rate peak

London stocks jumped on Thursday, while sterling fell further after the Bank of England hiked rates for the tenth month in a row.

02 Feb
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CWU to strike on 16-17 February

Postal workers announced that they would strike on 16-17 February due to "unagreed changes" to the structure of work by Royal Mail at offices across the country.

02 Feb
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Broker tips: Tritax Big Box, Standard Chartered, Jet2

Analysts at Berenberg lowered their target price on real estate investment trust Tritax Big Box from 190. 0p to 170. 0p on Thursday, stating repricing was now underway.

02 Feb
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ECB raises rates by 50bp, flags March hike

The European Central Bank went ahead and hiked interest rates by 50 basis points on Thursday as was widely expected.

02 Feb
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Director dealings: Wife of Ramsdens chairman makes share sale

Ramsdens Holdings revealed on Thursday that chairman Andrew Meehan's wife Susan had disposed of 30,000 ordinary shares in the AIM-listed financial services provider.

02 Feb
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FTSE 100 movers: JD Sports surges; Airtel in the red

London’s FTSE 100 was up 0. 5% at 7,802. 40 in afternoon trade on Thursday as investors mulled the latest BoE policy announcement.

02 Feb
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US open: Stocks mixed as traders thumb through earnings

Wall Street stocks were mixed early on Thursday as digested a slew of corporate earnings and some key data points.

02 Feb
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US layoff announcements more than double in January, Challenger says

US layoff announcements more than doubled in January as firms girded themselves for an anticipated recession, according to the latest tally from one of the country's best known staffing firms.

02 Feb
FTSE 250 movers: NCC slumps, Future up

FTSE 250: 20,450. 08, +2. 77% .

02 Feb
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US pre-open: Stocks mixed ahead of earnings deluge

Wall Street futures were pointing to a mixed open ahead of the bell on Thursday as traders braced for a slew of corporate earnings.

02 Feb
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Weekly US jobless claims slip lower again

Unemployment claims in the US continued to run below forecasts over the preceding week, defying expectations for a post-Christmas rebound.

02 Feb
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US Q4 labour productivity beats forecasts, limiting unit cost growth

Fourth quarter labour productivity in the US was higher than expected, helping to limit unit labour cost growth.

02 Feb
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Deutsche Bank FY revenues fall, PBT highest since 2007

Investment bank Deutsche Bank posted fourth-quarter pre-tax profits and revenues that fell short of estimates on Thursday due to a steep decline in advisory income.

02 Feb
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Merck & Co. posts stronger-than-expected Q4 numbers, guidance falls short

Merck & Co. posted better-than-expected quarterly results despite stiff foreign exchange headwinds, but its guidance for profits fell short of Wall Street estimates.

02 Feb
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Bank of England hikes interest rates to 4%

The Bank of England lifted interest rates on Thursday for the tenth month in a row, by 50 basis points as expected, but also hinted that inflation may have peaked.

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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.