Latest News
30 Mar
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Sector movers: Drax powers gains in Electricity space

Electricity and Real Estate Investment Trusts paced gains in the stock market during the next to last trading of the first quarter.

30 Mar
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Europe close: Stocks extend recent gains, eye Q1 highs

European shares extended gains on Thursday as traders apparently adopted a "no news is good news" approach to the latest round of banking misbehaviour and fashion chain H&M boosted sentiment with a surprise quarterly profit.

30 Mar
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Ocado wins UK patent infringement suit brought by AutoStore

Online supermarket and technology company Ocado said on Thursday that it had "comprehensively won" a patent infringement suit brought by Norwegian warehouse robotics group AutoStore at the UK High Court.

30 Mar
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Drax still committed to carbon capture project

Drax insisted on Thursday that it still plans to install carbon capture technology at its power plants even after the government rejected its plans to introduce the technology at a power plant in England.

30 Mar
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M&C Saatchi appoints Zillah Byng-Thorne as chair

Advertising agency M&C Saatchi said on Thursday that it has appointed Zillah Byng-Thorne, the outgoing boss of media group Future, as its new chair.

30 Mar
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Broker tips: Tritax Big Box, CMC Markets, iGas Energy

Berenberg upgraded Tritax Big Box to 'buy' from 'hold' and reiterated its 170. 0 target price on the stock on Thursday, citing valuation grounds.

30 Mar
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Friday preview: US inflation data, China factory PMI, US banking statistics in focus

Financial markets' focus at the end of the first quarter was to be on key inflation data on either side of the Atlantic.

30 Mar
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London close: Stocks rise despite some weak data

London stock markets closed in positive territory on Thursday, as investors processed the latest data releases from the US.

30 Mar
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Great Western Mining reports progress in Nevada

Great Western Mining updated the market on its gold, silver, and copper exploration and development efforts in Nevada on Thursday, as it prepared for the start of drilling operations and the 2023 exploration programme in Mineral County.

30 Mar
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Director dealings: Audioboom chairman snaps up shares

Audioboom revealed on Thursday that chairman Michael Tobin had acquired 5,554 ordinary shares in the AIM-listed podcast maker.

30 Mar
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Headphone maker Zound to acquire Marshall Amplification

Swedish headphones producer Zound Industries announced the acquisition of Marshall Amplification on Thursday, to create the Marshall Group.

30 Mar
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FTSE 100 movers: Ocado surges; Phoenix goes ex-div

London’s FTSE 100 was up 0. 7% at 7,616. 37 in afternoon trade on Thursday.

30 Mar
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Trinity returns Brighton Marine well to production

Trinidad and Tobago-focussed Trinity Exploration & Production announced a number of operational updates on Thursday, reporting that the ABM-151 well in the Brighton Marine block, offshore the west coast of Trinidad, was returned to production on 21 March.

30 Mar
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Ironveld describes 'transformative' first half

South African iron, vanadium and titanium developer Ironveld reported a “transformative” first half on Thursday, marked by the acquisition and refurbishment of the smelter facility at Rustenburg, which started in August last year.

30 Mar
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Moonpig hails record Mother's Day performance, backs FY guidance

Online greeting cards and gift retailer Moonpig backed its full-year guidance on Thursday as it hailed a record Mother’s Day performance.

30 Mar
FTSE 250 movers: Ithaca slips on guidance cuts

FTSE 250: 18,890. 26, +1. 38% at 1409 GMT.

30 Mar
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US open: Stocks trade higher following GDP data

Wall Street stocks were in the green early on Thursday as market participants digested fresh GDP and jobless claims data.

30 Mar
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Ithaca Energy slams UK windfall tax as output, capex targets cut

North Sea oil and gas producer Ithaca Energy on Thursday lowered annual production and capital expenditure guidance, citing the UK government’s windfall tax, operational delays and lower volumes despite almost trebling profits in 2022.

30 Mar
US fourth-quarter GDP revised down

The US economy grew a touch less than previously estimated in the fourth quarter, according to data released on Thursday by the government.

30 Mar
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US initial claims come in slightly higher than expected

Americans lined up for unemployment benefits at an accelerated pace in the seven days ended 25 March, according to the Labor Department.

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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.