Latest News
22 Feb
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Sector movers: Rising US dollar drags on miners, oil majors

Miners were the main drag on the stock market in the middle of the week, adding to the previous session's losses as strength in the Greenback continued to weigh on commodity prices.

22 Feb
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Wood Group rejects takeover offer from Apollo

Wood Group said on Wednesday that it has rejected three unsolicited, preliminary and conditional takeover proposals from Apollo Global Management.

22 Feb
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London close: Stocks fall further ahead of Fed minutes

London stocks were still in the red by the close on Wednesday, as worries about further rate hikes dented sentiment ahead of the release of the latest FOMC minutes.

22 Feb
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Thursday preview: Weekly US jobs data, Rolls Royce in the spotlight

All eyes on Thursday would be on the US jobs market as the Department of Labor published its weekly unemployment claims figures.

22 Feb
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Europe close: Stocks end on mixed note ahead of Fed minutes

European stocks drifted lower amid rising geopolitical tensions and after a sell off on Wall Street overnight over rate rise fears hit investor sentiment.

22 Feb
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Director dealings: GB Group chair buys in even as company warns

The chairman of GB Group picked up £99,598. 25-worth of shares in the identity verification, location intelligence and fraud prevention company.

22 Feb
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Broker tips: WPP, HSBC, GB Group

Credit Suisse upgraded WPP and Publicis on Wednesday to ‘outperform’ from ‘neutral’ as it said its analysis of the advertising agency industry suggests the structural headwinds which caused the de-rating of the agency stocks have significantly abated.

22 Feb
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Barclays cuts target for GB Group on soft guidance

Analysts at Barclays cut their target price for shares of GB Group's full-year 2023 guidance.

22 Feb
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US open: Stocks edge up even as Fed's Bullard calls for faster rate hikes

Wall Street's main indices were trading slightly higher on Wednesday after the head of the Federal Reserve Bank of St. Louis called for a quicker pace of interest rate hikes.

22 Feb
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FTSE 100 movers: Burberry, miners out of fashion

London’s FTSE 100 was down 0. 9% at 7,905. 36 in afternoon trade on Wednesday.

22 Feb
Live betting content provider SIS put up for sale - report

Live betting content provider Sports Information Services (SIS) is reportedly under starter's orders for a £200m sale.

22 Feb
FTSE 250 movers: TBC slumps, Cap&Co cheered by merger clearance

FTSE 250: 19,688. 06, -0. 82% at 1431 GMT.

22 Feb
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Intel cuts dividend, reaffirms Q1 guidance

Intel backed its first-quarter guidance on Wednesday and said it was cutting its dividend by 66% as it looks to preserve cash for investments.

22 Feb
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Cineworld yet to receive any firm offers for whole group, shares slump

Cineworld slumped on Wednesday after it emerged the cinema chain has yet to receive any firm offers for the whole business.

22 Feb
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Rio Tinto halves payout as profits slump on weak China demand

Rio Tinto halved its dividend as profits slumped by more than a third due to weaker iron ore prices on the back of slowing demand from China and higher costs.

22 Feb
Gama Aviation secures £65m contract with Wales Air Ambulance Charity

Gama Aviation said on Wednesday that it has been awarded a £65m seven-year contract by the Wales Air Ambulance Charity (WAAC) for the provision of Helicopter Medical Emergency Service.

22 Feb
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Danone posts strong full-year LFL sales ,but free cash flows slip

Danone posted a sharp rise in full-year sales but its free cash flow generation slipped.

22 Feb
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Tube staff vote to strike on Budget Day

London Underground is set to face significant disruption on 15 March - Budget Day - as members of the ASLEF union go on a 24-hour strike.

22 Feb
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Lloyds Bank posts flat profit on higher impairment charge

Lloyds Bank reported flat annual profits with higher net income and lower costs were offset by impairment charges due to the worsening economic outlook.

22 Feb
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Credit Suisse upgrades WPP, Publicis to 'outperform'

Credit Suisse upgraded WPP and Publicis on Wednesday to ‘outperform’ from ‘neutral’ as it said its analysis of the advertising agency industry suggests the structural headwinds which caused the de-rating of the agency stocks have significantly abated.

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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.