Latest News
26 Apr
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Ted Baker CEO heading for the exit after Authentic takeover - report

The chief executive of Ted Baker is reportedly close to leaving the company six months after it was taken over by a giant American brands and entertainment conglomerate.

26 Apr
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Wednesday preview: US durable goods, Microsoft in focus

Financial markets' attention in the middle of the week would continue to be trained on the US.

25 Apr
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Europe close: Stocks fall back amid latest US and European corporate updates

European shares were lower on Tuesday amid another corporate earnings dump on either side of the Atlantic.

25 Apr
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Sector movers: Miners and lenders pace declines

Miners were again at or near the bottom of the pile on Tuesday amid talk of souring sentiment towards China's economic reopening, not least as a result of the ever present geopolitical tensions over Taiwan.

25 Apr
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Broker tips: Asos, Corero Network Security, Liontrust Asset Management

Liberum lifted its price target on Asos to 700. 0p from 500. 0p on Tuesday and maintained its 'sell' rating as it sees "significant" risks in its strategy to improve profitability and remains unconvinced it will be able to fully deliver.

25 Apr
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London close: Stocks weaker as investors eye US tech earnings

London's stock markets were still lower by the close on Tuesday, as investors looked ahead to key earnings reports from some of America’s largest tech names.

25 Apr
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US new home sales jump in April, prices rise

Home selling activity in the States picked up unexpectedly last month.

25 Apr
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US consumers sour on the outlook for business conditions and the jobs market

Consumer confidence in the US slipped as Americans soured on the outlook, especially those younger than 55 and belonging to households earnings more than $50,000.

25 Apr
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US open: Major indices trade lower as earnings remain in focus

Major indices were in the red early on Tuesday as traders digested a number of earnings reports.

25 Apr
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E& lifts stake in Vodafone, discusses board changes

Vodafone’s biggest shareholder, Emirates Telecommunications Group, has upped its stake in the London-listed firm and opened talks to push for changes on its board.

25 Apr
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FTSE 100 movers: Miners, banks decline; Whitbread rallies

London’s FTSE 100 was down 0. 4% at 7,874. 37 in afternoon trade on Tuesday.

25 Apr
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US house price growth continues to moderate in February

US house price growth continued to ebb, although at a more moderate pace, the results of a closely followed survey showed.

25 Apr
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Richmond Fed factory index slips in April

Manufacturing sector activity in states bordering the mid-southeastern US Atlantic coast deteriorated a bit more in April, the results of a survey revealed.

25 Apr
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First-quarter profits jump at Santander

First-quarter profits came in ahead of expectations at Santander, the Spanish banking group confirmed on Tuesday, after a strong performance in Europe offset weakness elsewhere.

25 Apr
FTSE 250 movers: Watches of Switzerland ticks along on bid talk

FTSE 250: 19,191. 43, −35. 51 (0. 18%)at 1430 BST.

25 Apr
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Canaccord Genuity hits Corero Network Security with 'speculative buy' rating

Analysts at Canaccord Genuity issued security systems services firm Corero Network Security with a 'speculative buy' rating and 10. 0p target price on Tuesday after placing the stock under review.

25 Apr
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Premier Inn demand sees Whitbread FY profits surge

Premier Inn owner Whitbread on Tuesday said full-year earnings had soared above pre-pandemic levels on the back of strong demand for hotel rooms after the lifting of Covid-19 travel restrictions and unveiled a £300m share buyback.

25 Apr
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Howard Davies to step down as NatWest chair

NatWest chair Howard Davies is to step down next year, the City veteran told shareholders on Tuesday.

25 Apr
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Berenberg drops target price on Liontrust Asset Management

Analysts at Berenberg dropped their target price on asset manager Liontrust from 1,100. 0p to 950. 0p on Tuesday as it said the group was "continuing to weather a challenging market".

25 Apr
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Jadestone swings to profit in 'extremely frustrating' year

Asia-Pacific focussed oil and gas producer Jadestone Energy reported 2022 revenue of $421. 6m in its preliminary results on Tuesday, up from $340. 19m in 2021.

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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.