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22 May
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Week ahead: UK CPI, Global PMIs in the spotlight

Financial markets' focus will be on a report for consumer prices in the UK covering the month of April.

22 May
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UK house prices hit fresh high in May - Rightmove

UK house prices hit a fresh high in May, industry data showed on Monday, as market conditions steadied.

19 May
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Europe close: Dax posts fresh record high

European shares continued pushing on Friday amid optimism that an agreement would be reached in talks on the US debt ceiling.

19 May
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Fed's Powell says no decisions about need for further hikes has been taken

The head of the US central bank left the door open to a pause in interest rate hikes at its next policy meeting, even as he noted that inflation from the services sector was persistent.

19 May
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Republican debt ceiling negotiators walk out of White House meeting

Republican lawmakers walked out of negotiations to raise the government debt ceiling at a closed door meeting at the White House.

19 May
Weekly review

The FTSE 100 ended the week up 0. 03%, or 2. 25 points, closing on Friday at 7,756. 87.

19 May
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Director dealings: Bank of Georgia non-exec linked to £3.7m of sales

Bank of Georgia was at the top of the list of director sells on Friday, after an entity linked to an independent non-executive director made two separate transactions.

19 May
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London close: Stocks mixed as debt ceiling remains in focus

Trading in London closed with mixed performance on Friday as investors monitored negotiations between congressional Republicans and the White House to avert a potential US federal debt default.

19 May
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Premier African Minerals raises another £0.61m through placing

Premier African Minerals announced a further placing to raise £0. 61m before expenses on Friday, for the ongoing Zulu lithium and tantalum project’s pilot plant optimisation.

19 May
19 May
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C&C slumps as CEO steps down after €25m hit from MCB unit

Drinks company C&C Group said chief executive David Forde had decided to step down as it also announced a €25m hit from problems implementing a system upgrade in its Matthew Clark and Bibendum (MCB) businesses in the UK.

19 May
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FTSE 100 movers: BT Group recovers some ground; STJ boosted by upgrade

London’s FTSE 100 was up 0. 6% at 7,785. 95 in afternoon trade on Friday.

19 May
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Genedrive jumps on draft NICE testing guidance

Point-of-care molecular diagnostics company Genedrive announced on Friday that the UK's National Institute for Health and Care Excellence (NICE) has issued draft guidance recommending the use of CYP2C19 genotyping before administering clopidogrel in the management of ischemic stroke (IS) patients.

19 May
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IQE raises £31.1m through placing, retail offer

Semiconductor wafer specialist IQE confirmed the issue of new shares on Friday, as part of its placing and retail offer.

19 May
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iEnergizer launching matched bargain facility on next week's delisting

Business process outsourcing specialist iEnergizer confirmed on Friday that the last day of dealings in its shares on AIM would be 24 May.

19 May
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US open: Stocks slightly higher as investors wait on Fed's Powell

Stocks on Wall Street were trading slightly higher at the end of the week as investors waited on a panel including Federal Reserve chairman Jerome Powell for policy clues.

19 May
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Morgan Stanley CEO Gorman to step down in the next year

Morgan Stanley’s chief executive officer announced on Friday that he will be stepping down in the next year.

19 May
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Jadestone signs new $200m reserves-based facility

Asia-Pacific focussed independent oil and gas producer Jadestone Energy announced the signing of a new reserves-based lending (RBL) facility worth $200m on Friday.

19 May
Foot Locker slashes FY guidance, shares tumble

Foot Locker shares tumbled on Friday after the retailer cut its annual sales and profit guidance as it reported a drop in first-quarter sales and net income.

19 May
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Venture Life co-founder Sharon Daly stepping down

Personal care products maker Venture Life announced the departure of Sharon Daly from the company on Friday, effective 3 August.

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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.