Latest News
03 Mar
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Europe close: Decent data helps lift regional bourses

European shares ended higher on Friday, having started the day in the green after a late rally on Wall Street overnight.

03 Mar
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London close: FTSE pares gains to end flat

London stocks ended flat on Friday, unable to hold on to earlier gains despite reassuring comments from a Fed official and encouraging Chinese and UK data.

03 Mar
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Broker tips: Hunting, Windward, PPHE

Berenberg downgraded Hunting on Friday to ‘hold’ from ‘buy’ as it said the risk/reward is less attractive after a strong share price performance.

03 Mar
Weekly review

The FTSE 100 ended the week up 0. 87%, or 68. 45 points, closing at 7,947. 11 on Friday.

03 Mar
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Barclays group CEO completes cancer treatment, is in remission

Barclays informed its staff on Friday that its chief executive officer, CS Venkatakrishnan, had completed treatment for non-Hodgkin lymphoma.

03 Mar
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ISM's US PMI tops expectations in February

The Institute for Supply Management's non-manufacturing PMI came to 55. 1 in February, broadly flat month-on-month but ahead of expectations for a reading of 54. 5.

03 Mar
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Vistry planning to cut around 200 jobs

Vistry has reportedly told hundreds of employees they may lose their jobs as the housebuilder cuts costs in the midst of a housing slump.

03 Mar
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FTSE 100 movers: Miners rally; BP and Shell gush lower

London’s FTSE 100 was flat at 7,940. 44 in afternoon trade on Friday.

03 Mar
VW shares surge as sales forecast beats expectations

Volkswagen shares surged on Friday after the company forecast a sharp rise in 2023 sales.

03 Mar
US open: Stocks trade higher as investors digest US CPI data

Wall Street stocks were in the green early on Friday as traders digested some key data points.

03 Mar
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UAE said to consider leaving Opec, oil prices slide

Oil prices slid on Friday following a report that the United Arab Emirates is considering leaving the Opec cartel of oil producing countries.

03 Mar
FTSE 250 movers: Wizz, easyJet take off, Hunting slips

FTSE 250: 19,919. 57, +0. 34% at 1430 GMT.

03 Mar
Jefferies upgrades PPHE, cites ‘valuation disconnect’

Jefferies upgraded PPHE Hotel Group on Friday to ‘buy’ from ‘hold’ and lifted the price target to 1,600p from 1,300p as it pointed to a valuation disconnect.

03 Mar
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Hyve suitor Providence said to weigh bid for Ascential events arm

Buyout firm Providence Equity Partners is reportedly hatching plans to bid for the events arm of Ascential as it looks to bolt it together with rival Hyve, for which it has made a £306m takeover approach.

03 Mar
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Mercantile Ports division signs three-year liquid handling deal

Mercantile Ports & Logistics announced on Friday that its subsidiary, Karanja Terminal & Logistics (KTPL), has signed a three-year agreement with Rudra Marine Services (RMS) for handling various liquid commodities at the company's facility at Karanja.

03 Mar
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Duke Royalty flags record-breaking quarter for recurring revenue

Alternative capital provider Duke Royalty said in an update on Friday that it was expecting to achieve recurring cash revenue of £5. 7m in the fourth quarter of the 2023 financial year.

03 Mar
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Canaccord Genuity reinstates coverage on Windward

Analysts at Canaccord Genuity slapped artificial intelligence firm Windward with a 'buy' rating and 115. 0p target price on Friday after having previously placed the stock under review.

03 Mar
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Arrow Exploration completes well on Tapir Block

Arrow Exploration announced the successful completion of the Rio Cravo Este-3 well on Friday, an appraisal and development well on the Tapir Block in the Llanos Basin of Colombia.

03 Mar
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Amte Power delivers first 'Ultra Prime' cells to customer

UK-based lithium-ion and sodium-ion battery cell developer and manufacturer Amte Power announced the delivery of its first ‘Ultra Prime’ cells to its customer for testing on Friday.

03 Mar
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Invinity inks deal to repay December bridging loan

Energy storage specialist Invinity has entered into a prepayment agreement to repay the outstanding amount of a convertible loan facility with RiverFort Global Opportunities PCC and YA II PN, it announced on Friday.

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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.