Latest News
08 Jun
Thursday preview: US jobless claims, UK house prices in the spotlight

Investors' focus on Thursday will be on the latest weekly unemployment claims figures in the US.

07 Jun
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London close: Stocks slip on global data, UK house prices

London's primary stock indices concluded Wednesday's session beneath the waterline, as investors remained vigilant over fresh data on global economic growth and UK housing prices.

07 Jun
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Europe close: Stocks end mixed after surprise BoC rate hike

European shares were mixed at the end of Wednesday's trading session following a surprise interest rate hike out of Bank of Canada.

07 Jun
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Director dealings: Genel Energy non-exec linked to buy, Alpha Group risk officer sells

Genel Energy was on the list of director buys on Wednesday, after one of its non-executive directors was linked to the purchase of more than 0. 6 million shares.

07 Jun
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Sector movers: Electricity and Chemicals drag

An unexpected rate hike out of Bank of Canada and a move higher in crude oil quotes pushed stocks lower, led by declines in Electricity, REITs and Chemicals.

07 Jun
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Watchdog announces new requirements to tackle APP fraud

The UK watchdog for payment systems unveiled new obligations for lenders and payments outfits with a view to helping more victims of Authorised Push Payment fraud to recover their funds.

07 Jun
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FTSE 100 movers: Persimmon falls on Halifax data; Vodafone gains

London’s FTSE 100 was down 0. 2% at 7,614. 35 in afternoon trade on Wednesday.

07 Jun
FTSE 250 movers: DiscoverIE sparks, Asos slips again

Niche electronics maker DiscoverIE Group reported a 70% rise in annual profits, driven by a strong order book.

07 Jun
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US trade deficit jumps in April

America's shortfall on trade with the rest of the world widened unexpectedly in April.

07 Jun
Bank of Canada lifts rates to 4.75%

The Bank of Canada on Wednesday lifted its benchmark interest rate rate to 4. 75% as it battled to stem persistent inflation amid worries that it could get stuck above its 2% target.

07 Jun
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US open: Stocks edge up with tech shares in focus

Wall Street's main market indices were a tad higher early in the session, helped by gains in technology issues and with the S&P 500 fighting to push break out into a fresh bull market.

07 Jun
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Broker tips: Pets at Home, SSP Group

Berenberg lifted its price target on Pets at Home on Wednesday to 460p from 430p as it said the company’s strong momentum continued through Q423, "meaning a further removal of concerns around the impact of the weak consumer backdrop and a potential post-Covid-19 normalisation in pet spend".

07 Jun
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Barclays studying options for payments business - report

Barclays is reportedly studying options for its global payments activities as a part of broader review into how it allocates resources.

07 Jun
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Diageo CEO Ivan Menezes passes away

Drinks company Diageo said on Wednesday that chief executive Ivan Menezes has passed away at the age of 63 following a brief illness.

07 Jun
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Jefferies bumps up SSP price target

Jefferies upped its price target on shares of SSP on Wednesday to 340p from 325p.

07 Jun
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Heathrow security officers announce summer walkout

Heathrow is facing a wave of industrial action during the peak summer months, it was announced on Wednesday.

07 Jun
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Berenberg lifts Pets at Home price target

Berenberg lifted its price target on Pets at Home on Wednesday to 460p from 430p as it said the company’s strong momentum continued through Q423, "meaning a further removal of concerns around the impact of the weak consumer backdrop and a potential post-Covid-19 normalisation in pet spend".

07 Jun
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i3 Energy upbeat on full-year performance

Independent oil and gas company i3 Energy reported consistent organic production growth throughout 2022 in its results on Wednesday.

07 Jun
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US pre-open: Stocks seen muted after China data

US stock futures pointed to a muted open on Wall Street on Wednesday, as investors mulled disappointing Chinese trade figures.

07 Jun
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City Pub toasts strong first-half trading

The City Pub Group reported "strong" first-half trading on Wednesday, despite train strikes denting demand.

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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.