Latest News
09 Feb
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UK house prices continue to soften

The UK house market continued to falter last month, industry research showed on Thursday, as prices and sales both fell in response to higher mortgage costs.

08 Feb
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London close: Stocks edge higher

London stocks were up again on Wednesday, having hit a fresh all-time high at one point, as investors welcomed less hawkish than feared comments from US Federal Reserve chair Jerome Powell overnight.

08 Feb
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Europe close: Stocks end mostly higher as investors assess rate outlook

European shares were mostly higher, apparently taking their cue from a rally on Wall Street the day before after less-hawkish-than anticipated comments from US Federal Reserve chief Jerome Powell.

08 Feb
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Thursday preview: US jobless figures, German CPI in focus

All eyes on Thursday would be on the latest weekly unemployment claims figures in the US.

08 Feb
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Sector movers: Interest rate sensitive stocks catch a bid as rise in bond yields slows

Interest rate sensitive Telecommunications and Home Construction paced gains on Wednesday as investors continued to mull the outlook for interest rates in 2023.

08 Feb
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Broker tips: BP, Yellow Cake, Trustpilot

Barclays hiked its price target on BP to 1,000. 0p from 700. 0p on Wednesday following the oil giant's results a day earlier.

08 Feb
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Fed's Williams says there's still 'work to do', 'a lot of uncertainty ' around inflation outlook

The Federal Reserve has its work cut out for it in bringing supply and demand into balance, a top official said.

08 Feb
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FTSE 100 movers: Housebuilders rally; Smurfit Kappa falls

London’s FTSE 100 was up 0. 4% at 7,895. 62 in afternoon trade on Wednesday.

08 Feb
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Director dealings: Mothercare director makes share purchase

Mothercare revealed on Wednesday that non-executive director, Mark Newton-Jones had acquired 604,789 ordinary shares in the London-listed retailer.

08 Feb
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Microsoft Activision Blizzard deal 'would hurt gamers' - CMA

Britain's competition regulator has said Microsoft’s planned acquisition of Activision Blizzard would reduce choice for gaming consumers who use competing Xbox and Sony Playstation consoles.

08 Feb
FTSE 250 movers: Oil stocks in vogue; PZ Cussons slips

FTSE 250: 20,457. 50, +1. 33% at 1447 GMT.

08 Feb
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US open: Stocks lower as investors focus on earnings and Fed speakers

Wall Street stocks were were in the red early on Wednesday as market participants digested comments from the head of the central bank and thumbed over more corporate earnings.

08 Feb
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Anglo American to buy minority stake in Canada Nickel

Anglo American said on Wednesday that it has agreed to buy a 9. 9% minority interest in Canada Nickel, which owns the Crawford nickel project in Ontario, for an undisclosed sum.

08 Feb
Barratt cuts dividend as higher mortgage costs hit housing market

UK housebuilder Barratt cut its dividend as the housing market started to cool down in response to rising interest rates and mortgage costs.

08 Feb
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Next appoints Lipsy's Jeremy Stakol as executive director

Next said on Wednesday that it has appointed Jeremy Stakol as non-executive director, putting him in charge of boosting the clothing and homeware retailer's online sales.

08 Feb
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Maersk issues profits warning as freight rates, volumes slump

Shipping giant AP Moller-Maersk issued a profit warning on Wednesday due to a slump in container volumes and freight rates.

08 Feb
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US pre-open: Futures mostly lower as traders look to Fed

Wall Street futures were mostly in the red ahead of the bell as market participants looked ahead to a number of speeches from Federal Reserve officials and continued to digest comments from the head of the central bank.

08 Feb
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CVS Health to buy Oak Street Health in $10.6bn deal

US pharmacy chain CVS Health said on Wednesday that it has agreed to buy Oak Street Health in a $10. 6bn all-cash deal.

08 Feb
Europe midday: Stocks extend gains; Adyen slumps on earnings miss

European shares extended gains on Wednesday, taking their cue from a rally on Wall Street after less-hawkish-than anticipated comments from US Federal Reserve chief Jerome Powell.

08 Feb
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Industrial action will not lead to power cuts, Drax insists

Drax Group has insisted that the UK’s electricity supply will not be affected after workers voted in favour of industrial action.

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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.