Latest News
17 Apr
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Week ahead: UK CPI, Global PMIs in focus

Investors' focus over the coming week would be on Wednesday's consumer price data which may hold the ley to whether the Bank of England hikes rates again in early May.

14 Apr
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Europe close: Stocks hold onto gains amid positive corporate updates

European markets held onto their gains at the end of the week as investors digested softer-than-expected US retail sales and a bevy of positive corporate updates.

14 Apr
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Sector movers: Banks pace gains

Bank shares paced gains at the end of the week amid a raft of well-received sector earnings on the other side of the Atlantic and due to the possibility of further rate hikes in both the US and UK.

14 Apr
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London close: Stocks higher despite US retail sales slide

London markets closed higher on Friday, although both of the main indices gave up some earlier gains on the back of fresh US data.

14 Apr
Weekly review

The FTSE 100 ended the Easter Monday-truncated week up 208. 97 points, or 2,73%, closing at 7,871. 91 on Friday.

14 Apr
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Consumer sentiment steady in mid-April but inflation expectations jump, University of Michigan says

Consumer sentiment in the US was little changed even as inflation expectations moved up sharply, the results of a closely followed survey revealed.

14 Apr
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FTSE 100 movers: Banks rally on US earnings; National Grid falls

London's FTSE 100 was up 0. 4% at 7,874. 21 in afternoon trade on Friday.

14 Apr
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Broker tips: Whitbread, Standard Chartered, Hargreaves Lansdown

Peel Hunt upgraded Whitbread to 'buy' from 'add' on Friday and hiked its price target on the stock to 4,000. 0p from 2,850. 0p, stating it expects positive trading news from the company this year.

14 Apr
14 Apr
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US March retail sales drop twice as fast as forecast

Retail sales volumes shrank twice as fast as expected last month amid broad-based softness by categories.

14 Apr
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US open: Stocks lower as traders thumb over bank earnings

Wall Street stocks were in the red early on Friday as traders digested a number of earnings from multiple major US banks.

14 Apr
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US industrial production grows a bit more quickly than expected in March

US industrial production grew a bit more quickly than expected last month.

14 Apr
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Dr Martens shares soar despite another profit warning

Shares in Dr Martens surged on Friday, despite the UK bootwear maker lowering profit guidance for the third time in five months as operational mistakes at its Los Angeles distribution centre cost more than anticipated.

14 Apr
888 Holdings shares surge on higher earnings outlook

Shares in William Hill owner 888 Holdings surged by a fifth on Friday as the bookmaker said it expected “significantly” higher adjusted core profit for this year.

14 Apr
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BofA says UK inflation set to slide, but rate cuts not 'imminent'

Economists at Bank of America forecast that UK consumer price gains would slide from a rate of 10. 4% for February to 3. 8% by October.

14 Apr
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HSBC says sale of French retail banking arm could fall through

HSBC cautioned on Friday that the sale of its French retail banking arm to Cerberus-backed My Money Group may not go ahead as planned due to interest rate increases in France.

14 Apr
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Major investors back Hammerson in row with Lighthouse

Two major investors have come out in support of shopping centre owner Hammerson amid demands from its biggest shareholder to speed up asset sales and resume dividend payments.

14 Apr
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J.P. Morgan posts record revenues, shares fly

J. P. Morgan shares jumped in trading before the opening bell on Wall Street after the banking heavyweight handily beat estimates on the Street for its first quarter results.

14 Apr
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Revenues and net income march ahead at Citigroup

Citigroup reported first-quarter net income of $4. 6bn on Friday, or $2. 19 per diluted share, on revenues of $21. 4bn.

14 Apr
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BlackRock earnings fall as quarterly revenue slides 10pc

BlackRock reported $103bn of quarterly long-term net inflows in its first quarter earnings on Friday, representing annualised organic asset growth of 5%, driven by continued momentum in bond exchange-traded funds (ETFs) and significant outsourcing mandates.

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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.