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28 Mar
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Tuesday preview: US house price data, Ocado in the spotlight

Financial markets' focus on Tuesday would be on the latest house price figures out of the US, alongside a smattering of speeches from central bankers from around the world.

28 Mar
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Food inflation soars to fresh high - BRC

Food prices continued to soar in March, industry research showed on Tuesday, pushing shop price inflation higher.

27 Mar
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Europe close: Stocks start week on a positive note

European stocks began the week on a positive note as investors' concern regarding recent tensions in the global banking system receded a bit after it was reported that First Citizens Bank was in advanced talks to acquire its failed US rival Silicon Valley Bank.

27 Mar
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Sector movers: Stocks start week on front foot but some analysts cautious

Stocks started the week on the front foot with bank shares steady on either side of the Atlantic on news that failed US lender SVB would be bought by rival First Citizens.

27 Mar
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London close: Stocks rise as banking fears ebb

London’s equity markets turned in a positive performance by the close on Monday, as concerns over the global banking sector took a back seat.

27 Mar
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Broker tips: Playtech, Tharisa

Analysts at Deutsche Bank bumped up their target price on gaming and sports betting software firm Playtech from 608. 0p to 615. 0p on Monday, citing the group's "resilient performance".

27 Mar
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CMC Markets sees FY net operating income flat, shares tank

CMC Markets tanked on Monday afternoon after the online trading platform said net operating income for FY23 was set to be more or less flat on the year following a "more challenging" environment in February and March.

27 Mar
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Director dealings: Inchcape director makes share purchase

Inchcape revealed on Monday that non-executive director Byron Grote had acquired 15,000 ordinary shares in the London-listed automotive retailer.

27 Mar
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WPP buys social influencer marketing agency Obviously

Advertising giant WPP has announced the acquisition of New York-based technology-led social influencer marketing agency Obvsiously.

27 Mar
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FTSE 100 movers: Barclays bounces; Fresnillo loses its shine

London’s FTSE 100 was up 1% at 7,478. 33 in afternoon trade on Monday.

27 Mar
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US open: Stocks trade higher as banks remain in focus

US stocks traded higher early on Monday as major indices look set to try and build on last week's gains and put banking sector fears in the rear view mirror.

27 Mar
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Allergy Therapeutics starts dosing peanut allergy vaccine candidate

Allergy Therapeutics, a UK-based biotechnology company specialising in allergy vaccines, announced the start of the first application of its ‘VLP Peanut’ vaccine candidate in peanut-allergic patients on Monday.

27 Mar
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JP Morgan reiterates Q1 likely to prove high-water mark for stocks

Equity strategists at J. P. Morgan reiterated their view that the first quarter was likely to mark the high water mark for equity prices in 2023.

27 Mar
FTSE 250 movers: Carnival sails on; IDS fails to deliver

FTSE 250: 18,621. 71, +0. 69% at 1328 GMT.

27 Mar
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Eqtec wins bid for renewable gas plant in France

Eqtec announced on Monday that, alongside infrastructure owner Idex, it has been awarded a project to develop a plant in Nouvelle-Aquitaine, France.

27 Mar
Jounce agrees Concentra Bioscences takeover, ditches Redx Pharma

Jounce Therapeutics said on Monday that it was ditching a planned merger with AIM-listed Redx Pharma, opting instead to be bought by Concentra Bioscences.

27 Mar
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RTC reports fall in full-year revenue, earnings

Recruitment specialist RTC Group reported a decrease in group revenue from continuing operations to £71. 9m for 2022 on Monday, down from £77. 7m year-on-year.

27 Mar
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Clean Power Hydrogen's New Zealand partner receives order

UK-based green hydrogen technology and manufacturing specialist Clean Power Hydrogen (CPH2) announced on Monday that its New Zealand-based manufacturing partner Fabrum Solutions has received an order from Japanese construction company Obayashi Corporation for a 1MW ‘MFE220’ unit.

27 Mar
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Berenberg reiterates 'buy' rating on Tharisa

Analysts at Berenberg reiterated their 'buy' rating and 270. 0p target price on resource firm Tharisa on Monday after the group struck a fresh commodity offtake-based financing agreement.

27 Mar
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Carnival beats forecasts in solid first quarter

Cruise giant Carnival reported a net loss of $693m for its first quarter on Monday, or a diluted 55 US cents per share - better than its December guidance for a net loss of $750m to $850m.

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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.