Latest News
14 Mar
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Europe close: Stocks bounce back, lenders still in focus

European shares bounced back partially on Tuesday with lenders catching a bid, mirroring gains in the States.

14 Mar
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US CPI slips in February, core price growth ticks down year-on-year

The cost of living in the US continued to ease last month, roughly by about as much as expected last month.

14 Mar
FTSE 250 movers: Molten fires, TP Icap slips

FTSE 250: 19,098. 67, +1. 45% at 1455 GMT.

14 Mar
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Close Brothers profits hit by Novitas provisions

Merchant bank Close Brothers said on Tuesday that it had been a "challenging" first half, posting a drop in profits as it was hit by provisions related to the Novitas loan book.

14 Mar
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Sector movers: Aerospace and Defence pace gains

Aerospace and Defence issues paced gains come Tuesday as the broader stock market appeared to find its footing.

14 Mar
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London close: Stocks finish higher as banks rebound

London stocks rebounded on Tuesday, following a tumultuous start to the week as concerns over the fallout from the collapse of Silicon Valley Bank gripped the markets.

14 Mar
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Broker tips: Flutter Entertainment, Rolls-Royce

Analysts at Berenberg raised their target price on gaming outfit Flutter Entertainment from 13,800. 0p to 16,000. 0p on Tuesday as the group's US outperformance continues at pace.

14 Mar
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Director dealings: Craneware CEO raises stake

Craneware revealed on Tuesday that chief executive Keith Neilson had acquired 3,484 ordinary shares in the AIM-listed software firm.

14 Mar
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Lexington Gold secures $0.15m loan from its chairman

Carolinas-focussed explorer and developer Lexington Gold announced on Tuesday that it has secured a $0. 15m unsecured loan facility from a wholly-owned subsidiary.

14 Mar
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Volvere shares jump despite 'challenging' year

Turnaround investor Volvere said in an update on Tuesday that revenue from continuing operations in 2022 came in at £38. 03m, up from £30. 61m year-on-year.

14 Mar
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FTSE 100 movers: Rolls-Royce, Centrica rally

London’s FTSE 100 was up 1. 1% at 7,633. 42 in afternoon trade on Tuesday.

14 Mar
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US open: Stocks trade higher following February CPI reading

Wall Street stocks were firmly in the green at the opening bell on Tuesday as market participants digested key inflation data.

14 Mar
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Meta to save at least $3bn in plan to oust another 10,000 workers

Meta Platforms, the parent company of social media giant Facebook, announced the laying off of an additional 10,000 employees on Monday as part of its ongoing effort to increase efficiency and improve financial performance.

14 Mar
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Midwich reports record full-year financial performance

Specialist audio visual distributor Midwich Group reported a record financial performance and further market share gains in its final results on Tuesday.

14 Mar
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ITM Power agrees increase in power supply for testing

Hydrogen energy specialist ITM Power announced an agreement with Power On Connections on Tuesday, to increase its power supply at Bessemer Park by 300%.

14 Mar
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Smart Metering Systems describes 'strong' full-year performance

Smart Metering Systems (SMS), a company that installs and manages smart meters, energy data, grid-scale battery storage, and other carbon reduction (CaRe) assets, reported a strong full-year performance on Tuesday, with revenue up 25% to £135. 5m.

14 Mar
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Focusrite first-half profits in line as revenues fall

Global music and audio products maker Focusrite said in an update on Tuesday that its first half profits were in line with board expectations, which remained unchanged for the full year.

14 Mar
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Citi ups Rolls-Royce price target, cites 'clear route to much better cash flow'

Citi lifted its price target on Rolls-Royce on Tuesday to 255p as it cited "a clear route to much better cash flow".

14 Mar
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Apollo, Blackstone interested in SVB assets - report

Apollo Global Management and Blackstone have reportedly expressed interest in buying a book of loans held by collapsed California lender Silicon Valley Bank.

14 Mar
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S&P raises Rolls Royce long-term debt rating to BB with 'positive' outlook

Standard and Poor's raised its rating for Rolls Royce long-term debt with a positive outlook.

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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.