Latest News
16 Feb
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Thursday preview: US weekly jobless claims, Philly Fed index in focus

Investors' focus on Thursday would be on a raft of US economic reports.

15 Feb
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Europe close: Stocks jump on strong-looking US data, French Cac-40 hits fresh high

European shares jumped on Wednesday as investors reacted positively to the release of a batch of much stronger than expected US economic data.

15 Feb
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London close: FTSE touches 8,000 level as sterling weakens

London stocks finished in the green on Wednesday, with the FTSE 100 briefly breaking the 8,000 level for the first time during the session, as investors mulled a dip in UK inflation and a better-than-expected rise in US retail sales.

15 Feb
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Bidstack taps Thomas Bullen as its new finance chief

Native in-game advertising technology specialist Bidstack announced the appointment of Thomas Bullen as its new chief financial officer on Wednesday.

15 Feb
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Sondrel reports strong growth in first update since IPO

Fabless semiconductor specialist Sondrel reported revenue growth of 116% year-on-year in a trading update on Wednesday, with 2022 revenue totalling £17. 5m.

15 Feb
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Clontarf proposes joint venture to test lithium extraction tech

UK-based oil and gas explorer Clontarf Energy announced a potential 50-50 joint venture with US-based technology company NEXT-ChemX (NCX) on Wednesday.

15 Feb
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FTSE 100 breaches 8,000 for first time

London’s FTSE 100 breached the 8,000 mark for the first time on Wednesday, thanks in part to a weaker pound.

15 Feb
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Bango inks deal with Japan's Benefit One platform

Commerce platform Bango announced a new deal with Japan employee benefits provider Benefit One on Wednesday.

15 Feb
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Broker tips: Hargreaves Lansdown, Pets at Home, Rathbones

Analysts at Peel Hunt reiterated their 'buy' recommendation for shares of Hargreaves Lansdown following the firm's full-year numbers, telling clients the results were "well ahead of expectations".

15 Feb
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LPA wins £5.2m rail industry supply contract

LED lighting, electronic and electro-mechanical system designer and manufacturer LPA Group announced a record orderbook of £34m on Wednesday, with the receipt of a £5. 3m order for the supply of electro-mechanical products to the UK rail industry.

15 Feb
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Serinus wins arbitration case against ex-partner in Romania

Serinus Energy announced on Wednesday that the International Chamber of Commerce (ICC) had released the final merits award over Serinus Energy Romania’s arbitration case against its former partner in the Satu Mare concession, Oilfield Exploration Business Solutions (OEBS), and awarded in favour of Serinus.

15 Feb
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Zephyr set to beat revenue forecasts for 2022

Rocky Mountains oil and gas company Zephyr Energy reported a positive fourth quarter and full-year update on hydrocarbon production and cash flows from its non-operated portfolio in the Williston Basin of North Dakota on Wednesday.

15 Feb
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FTSE 100 movers: Burberry bounces on Kering results; Barclays slumps

London’s FTSE 100 was up 0. 5% at 7,996. 46 in afternoon trade on Wednesday, having earlier breached the 8,000 level.

15 Feb
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CAP-XX launches ultra-thin supercapacitor

CAP-XX announced the launch of the ‘DMV750’ ultra-thin 2. 2mm prismatic 3V supercapacitor on Wednesday, for internet-of-things (IoT), medical and other mission-critical electronic devices.

15 Feb
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Mercantile Ports shares jump as it handles first Navi Mumbai container

Mercantile Ports & Logistics (MPL) announced the successful handling of the first container freight at its port and logistics facility in Navi Mumbai, Maharashtra, India on Wednesday.

15 Feb
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Pan African production, earnings fall in half-year

Mid-tier gold producer Pan African Resources reported a fall in its first-half production of gold on Wednesday, to 92,307 ounces from 108,085 ounces year-on-year.

15 Feb
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Barclays profits fall 14% on bad debt charges, over-issuance error

Barclays Bank said annual profits fell 14%, driven by poor performance at its investment unit, a rise in debt impairment provisions and the costs of a massive trading error in the US.

15 Feb
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US open: Stocks lower following stronger-than-expected retail sales data

Wall Street stocks were in the red early on Wednesday as market participants digested stronger-than-expected retail sales numbers.

15 Feb
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Flybe to be wound down after rescue talks fail

Reginal airline Flybe, which collapsed into administration last month, will be wound down after rescue talks failed.

15 Feb
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MJ Hudson CEO resigns amid auditing issues

Asset management consultancy MJ Hudson said on Wednesday that chief executive officer Matthew Hudson has resigned with immediate effect.

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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.