Latest News
21 Apr
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UK consumer confidence jumps - GfK

UK consumer confidence strengthened in April, a long-running survey showed on Friday, despite soaring food prices and inflation.

20 Apr
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London close: Stocks end flat; miners in the red

London stocks ended flat on Thursday, with miners under pressure, as investors waded through a raft of corporate news.

20 Apr
Europe close: Autos under the cosh as stocks fall

European shares fell on Thursday, with car makers under the cosh after results from Tesla failed to impress, while Nordic Semiconductor slumped on revenue declines.

20 Apr
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Broker tips: Kainos, Oxford Instruments, Direct Line

Analysts at Canaccord Genuity lowered their target price on software firm Kainos from 1,525. 0p to 1,270. 0p on Thursday and downgraded the stock from 'buy' to 'hold', stating "slimmer public sector pickings" made future beats less likely.

20 Apr
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Philip Morris lowers FY earnings guidance

Tobacco giant Philip Morris lowered its full-year earnings outlook on Thursday amid rising tobacco leaf prices, energy, and labour costs.

20 Apr
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US open: Stocks lower as traders zero in on earnings

Wall Street stocks were in the red early on Thursday as market participants remained focussed on quarterly earnings figures.

20 Apr
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Relx backs full-year outlook

Relx backed its full-year outlook on Thursday as it said it had started the year "well" across all four business areas.

20 Apr
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FTSE 100 movers: Miners lose ground; Segro rallies

London’s FTSE 100 was down 0. 2% at 7,883. 55 in afternoon trade on Thursday.

20 Apr
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Weekly US unemployment claims rise slightly

The US labour market softened a tad more during the previous week.

20 Apr
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Capita says customer data may have been accessed in cyber incident

Outsourcer Capita said on Thursday that customer, supplier or colleague data may been accessed in a cyber attack that took place last month.

20 Apr
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Friday preview: Global PMIs, UK retail sales in focus

Investors' focus at the end of the week will be on a raft of purchasing managers' surveys for manufacturing and services activity in April due out in the euro area, UK and the US.

20 Apr
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Philly Fed index falls unexpectedly in April

Factory sector activity in the US mid-Atlantic region softened again unexpectedly in April, the results of a closely followed survey revealed.

20 Apr
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Berenberg raises target price on Oxford Instruments

Analysts at Berenberg upped their target price on manufacturing and research company Oxford Instruments from 2,930. 0p to 3,100. 0p on Thursday, stating that the group was "graduating at the top of the class".

20 Apr
UK's CBI reports new criminal offence to police

Scandal-ridden business lobby group the Confederation of British Industry has admitted handing over details of what it called a serious criminal matter to police.

20 Apr
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FRC investigating EY over Made.com audit

The Financial Reporting Council said on Thursday that it is investigating EY over its audit of collapsed online furniture retailer Made. com.

20 Apr
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Citi sees UK rates topping out at 4.75%

Economists at Citi reaffirmed its view that interest rates in the UK were more likely than not to peak during the second quarter of 2023 and for a cut in the last three months of the year.

20 Apr
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Asia close: Tesla results weigh on auto stocks

Asian stocks were little changed overnight with investor sentiment dampened by a poor reaction to Tesla's fourth quarter earnings.

20 Apr
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Canaccord Genuity downgrades Kainos to 'hold'

Analysts at Canaccord Genuity lowered their target price on software firm Kainos from 1,525. 0p to 1,270. 0p on Thursday and downgraded the stock from 'buy' to 'hold', stating "slimmer public sector pickings" made future beats less likely.

20 Apr
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US pre-open: Futures point to modest losses as traders remain focussed on earnings

Wall Street futures were in the red ahead of the bell on Thursday as market participants remained focussed on quarterly earnings figures.

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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.