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05 May
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Retail footfall tracks higher in April - BRC

Footfall jumped on UK high streets last month, industry data showed on Friday, despite the ongoing cost-of-living crisis and record inflation.

04 May
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Europe close: Stocks down as ECB joins Fed on rate rises

European markets closed lower on Thursday as investors digested rate rises by the US Federal Reserve and European Central Bank, all while the corporate earnings and trading update deluge continued unabated.

04 May
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London close: Stocks weaker on rate hikes, mixed data

Stocks in London closed lower on Thursday, as investors processed mixed economic data from both sides of the Atlantic.

04 May
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Jefferies lifts Coca-Cola HBC price target

Jefferies upped its price target on shares of Coca-Cola Hellenic after the company’s first-quarter results, which it said were better than expected.

04 May
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Broker tips: Centamin, Coca-Cola HBC

Analysts at Berenberg reiterated their 'buy' recommendation and 145p target price for shares of gold miner Centamin following an exploration roundtable with company management the day before.

04 May
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US open: Stocks dragged lower by losses for bank index

Wall Street's main stock market gauges got off to a weak start on Thursday as investors continued to mull a 25 basis point rate hike by the Federal Reserve the night before.

04 May
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FTSE 100 movers: Next gains on results; Glencore goes ex-div

London’s FTSE 100 was down 1% at 7,709. 78 in afternoon trade on Thursday.

04 May
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Friday preview: US jobs report, ECB forecasters survey in the spotlight

The financial market spotlight would be firmly on the US non-farm payrolls report at the end of the week.

04 May
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Trainline reports recovery in profits, sales to pre-Covid levels

Trainline saw sales and profits recover to above their pre-Covid levels, driven by the rebound in UK Consumer and International Consumer net ticket sales.

04 May
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Shell beats forecasts with $9.6bn profit

Shell beat forecasts to post a first quarter net profit of $9. 65bn (£7. 6bn), boosted by strong returns from its trading division and higher liquefied natural gas, which offset lower oil and gas prices.

04 May
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Weekly US jobless claims rise by slightly more than anticipated

US jobless claims rose moderately during the preceding week.

04 May
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US Q1 unit labour costs jump past forecasts

An important measure of price pressures emanating from the jobs market jumped past forecasts in the US at the start of 2023.

04 May
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Berenberg describes Centamin's exploration programme as 'systematic' and 'disciplined'

Analysts at Berenberg reiterated their 'buy' recommendation and 145. 0p target price for shares of gold miner Centamin following an exploration roundtable with company management the day before.

04 May
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Director dealings: Gym Group board buys in, LSE director's firm makes £1m sale

Fitness facility operator the Gym Group was in focus on Thursday afternoon, after it disclosed five different share purchases.

04 May
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THG slumps as Bloomberg questions viability of Apollo takeover

Shares in THG slumped on Thursday after research from Bloomberg Intelligence suggested that the e-commerce company is unlikely to close a deal with US private equity firm Apollo Global Management seeing a profitable exit.

04 May
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ECB hikes by 25bp says inflation outlook remains 'too high for too long'

The European Central Bank went ahead and hiked interest rates again, noting that the inflation outlook continued to be too high for too long.

04 May
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Alibaba international online shopping unit considers US listing - report

Alibaba’s international online shopping unit is reportedly exploring a US initial public offering as it weighs options to spur growth for the business that includes major e-commerce brands Lazada and AliExpress.

04 May
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Zoo Digital expands into Iberian market

Zoo Digital announced the expansion of its presence in Europe on Thursday, with the launch of facilities in Madrid and Valencia.

04 May
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Moderna posts surprise first-quarter profit

Moderna reported above-forecast first-quarter numbers on Thursday, despite demand for its Covid-19 vaccine continuing to wane.

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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.