Latest News
12 Jun
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Europe close: Stocks move higher with US CPI numbers, Fed in focus

European shares rose on Monday, with investors eyeing key inflation numbers due out on Tuesday, followed by the results of the Federal Reserve's policy meeting the next day.

12 Jun
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London close: Stocks finish flat ahead of key central bank meetings

London’s stock markets closed a quiet day in the green on Monday, with major indexes ending just above break-even point as investors prepared themselves for a significant week of interest rate decisions from a trio of the world's leading central banks.

12 Jun
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Frasers Group takes 18.9% stake in AO World for £75m

Mike Ashley’s Frasers Group has said it had taken an 18. 9% stake in online electrical retailer AO World for £75m.

12 Jun
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UBS ups ratings on Crest Nicholson, Persimmon and Vistry

UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.

12 Jun
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Broker tips: Housebuilders, Dr Martens, REITS

UBS has upgraded Crest Nicholson, Persimmon and Vistry Group in its latest review of UK housebuilders.

12 Jun
FTSE 250 movers: Full steam ahead for Carnival shares; Oil stocks slip

Shares in cruise line operator Carnival surged after JPMorgan analysts upgraded the stock to 'overweight' from 'neutral' and raised the price target on the stock to $16 from $11.

12 Jun
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FTSE 100 movers: Ocado surges on upgrade; Segro hit by downgrade

London’s FTSE 100 was up 0. 1% at 7,566. 11 in afternoon trade on Monday.

12 Jun
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BofA ups Carnival to 'buy', says industry demand 'steady'

Analysts at BofA Securities upgraded their recommendation for shares of Carnival from 'neutral' to 'buy'.

12 Jun
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US open: Stocks edge up ahead of key inflation reading, Fed meeting

Stocks on Wall Street were heading higher in early trading on Monday as investors eyed a key inflation reading due out during the next session and the latest policy announcement from the Federal Reserve in two days' time.

12 Jun
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Rio Tinto to invest $1.1bn to expand capacity at Quebec aluminium smelter

Rio Tinto said on Monday that it will invest $1. 1bn to expand its AP60 aluminium smelter in Quebec.

12 Jun
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Director dealings: Croda secretary invests, Touchstone non-exec offloads option shares

Croda International was on the list of director buys on Monday, after the company secretary picked up almost £50k worth of shares,.

12 Jun
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IGas Energy subsidiary wins contract with Salisbury NHS trust

IGas Energy announced on Monday that its geothermal subsidiary GT Energy has secured a significant contract with the Salisbury NHS Foundation Trust to provide a geothermal heat solution for Salisbury District Hospital.

12 Jun
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Caspian Sunrise agrees sale of 50pc of Explorer vessel

Gas and oil explorer Caspian Sunrise announced the conditional sale of a 50% stake in the Caspian Explorer drilling vessel for cash consideration of $22. 5m on Monday.

12 Jun
Tuffnells collapses into administration

Logistics firm Tuffnells Parcels Express has collapsed into administration, it was confirmed on Monday, with the loss of around 2,000 jobs.

12 Jun
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Goldman Sachs downgrades Great Portland, Segro

Goldman Sachs downgraded Great Portland Estates and Segro on Monday as it took a look at real estate investment trusts.

12 Jun
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Vector Capital expands loan facilities

Commercial lender Vector Capital updated the market on its loan facilities on Monday, including those provided by Vector Holdings, reporting that it had extended its wholesale banking facilities and increased its loan facility with Vector Holdings.

12 Jun
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SDX Energy mulling sale of its Egyptian assets

SDX Energy responded to, and confirmed, rumours over the potential sale of its Egyptian business on Monday.

12 Jun
JP Morgan reaches tentative deal with Epstein victims

JPMorgan Chase & Co on Monday said it had agreed in principle to settle a class action lawsuit with a victim of the dead sex offender Jeffrey Epstein.

12 Jun
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China Nonferrous Gold secures new $65m loan facility

Tajikistan-focussed explorer and miner China Nonferrous Gold has secured a short-term loan from CNMC Trade Company, it announced on Monday, amounting to $65m.

12 Jun
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Sainsbury’s revives efforts to sell £650m mortgage book - report

Sainsbury's has reportedly revived its efforts to sell a £650m mortgage book months after calling off talks with the Co-operative Bank about a deal.

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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.