Latest News
06 Jun
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Tuesday preview: German factory orders, British American Tobacco in focus

The economic calendar was rather sparse on Tuesday.

06 Jun
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Bank holidays fail to boost retail sector - BRC

UK retail sales growth slowed in May, industry data showed on Tuesday, despite a succession of bank holiday weekends.

05 Jun
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US services activity slows unexpectedly in May, ISM says

US services sector activity slowed unexpectedly last month amid slower new order growth while stockpiles piled up, the results of a closely followed survey showed.

05 Jun
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Europe close: Stocks slip amid softer-than-expected service sector readings

European shares slipped on Monday as investors digested weaker than expected services sector activity on either side of the Pond.

05 Jun
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London close: Stocks slip back after oil price rally

London stocks had reversed earlier gains to close weaker on Monday, having earlier rallied on the back of higher oil prices, as investors mulled the latest reading on the UK services sector.

05 Jun
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Broker tips: Dowlais, Rio Tinto, Dr Martens

Jefferies initiated coverage of Dowlais - which was recently spun off from Melrose Industries - on Monday with a ‘buy’ rating and 155p price target, offering upside of around 21%.

05 Jun
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Barclays cuts Dr Martens price target

Barclays cut its price target on Dr Martens on Monday to 175p from 210p.

05 Jun
Europe open: Markets flat on oil cuts; Viaplay crashes

European shares made a muted start to the week as investors eyed the impact of rising oil prices after major producer Saudi Arabia said it would cut output, while shares in Viaplay crashed amid the departure of its CEO and an outlook downgrade.

05 Jun
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US open: Stocks trade mixed after softer than expected services sector report

Wall Street's main equity gauges were trading slightly mixed early in the session following the release of weaker than expected readings for the US services sector.

05 Jun
FTSE 250 movers: Asos in fashion on bid talk; Dr Martens out of step on Barclays downgrade

Asos is reportedly on bid alert after the online fashion retailer received a £1bn approach from a Turkish company backed by Chinese giant Alibaba.

05 Jun
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FTSE 100 movers: Mondi in the red; telecoms rally

London’s FTSE 100 was down 0. 2% at 7,595. 54 in afternoon trade on Monday.

05 Jun
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US services PMI picks up in May, S&P Global says

Activity in US services picked up last month as the sector enjoyed a 'mini boom' following the Covid pandemic, the results of a survey showed.

05 Jun
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Polymetal considers sale of Russian arm

Polymetal said on Monday that it is considering the sale of its Russian business following the resignation of two bosses and due to sanctions by the US.

05 Jun
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Boots, BA, BBC staff hit by cyber attack on payroll provider

The personal details of thousands of British Airways, BBC and Boots may have been stolen after a suspected Russia-linked cyber attack on the firms' payroll systems provider, according to a media report on Monday.

05 Jun
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British Chambers of Commerce to launch business council

The scandal-hit Confederation of British Industry was dealt a fresh blow on Monday, after the British Chambers of Commerce announced it was launching a new lobbying body.

05 Jun
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CVC mulling offer for Centre Parcs - report

CVC Capital Partners is mulling a potential offer for UK holiday resort group Center Parcs, it was reported on Monday.

05 Jun
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Sunrise expecting second £0.2m investment from Towards Net Zero

Nevada-focussed mineral developer Sunrise Resources announced on Monday that it was expecting to receive within the next week the second investment, subject to amended terms, of £0. 2m from Towards Net Zero.

05 Jun
UK May car registrations rise 16.7%

New car registrations rose 16. 7% in May, according to industry figures released on Monday, but are still lower than pre-Covid pandemic levels.

05 Jun
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SDX renegotiates gas sales agreement in Morocco

SDX Energy announced on Monday that it had renegotiated a gas sales agreement with one of its major customers in Morocco.

05 Jun
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Bigblu reports strong first-half trading

Bigblu Broadband reported strong recent trading in an update on Monday, as its strategic efforts focused on expanding product offerings, implementing new core platform systems, and reducing costs to address market challenges globally.

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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.