Latest News
16 Jun
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Friday preview: BoJ, US consumer confidence in focus

The market spotlight at the end of the week was expected to swing back towards Asia, where the Bank of Japan was scheduled to announce its latest policy decision.

15 Jun
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London close: Stocks mixed on slew of global data

Stock markets in London ended the trading day with mixed results on Thursday, following a stream of global data and the US Federal Reserve's decision to hold steady on interest rates.

15 Jun
Europe close: Stock gains stall as ECB hikes, promises more

The rally in European markets stalled on Thursday after the US Federal Reserve paused rate rises, but said more could be on the way.

15 Jun
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Director dealings: Great Portland, EAT board members make purchases

Great Portland Estates was among the companies on the list of buys on Thursday, after an executive director was linked to a near-£30k share purchase.

15 Jun
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FTSE 100 movers: Informa rallies on guidance upgrade; Halma heads lower

London’s FTSE 100 was up 0. 2% at 7,621. 06 in afternoon trade on Thursday.

15 Jun
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Berenberg cuts Croda price target, keeps at 'buy'

Berenberg cut its price target on Croda on Thursday as it trimmed its estimates a week after the specialty chemicals firm warned on profits, but maintained its ‘buy’ recommendation.

15 Jun
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Broker tips: Man Group, Croda

JPMorgan Cazenove relaunched coverage of Man Group on Thursday with an ‘overweight’ rating and 293p price target.

15 Jun
FTSE 250 movers: Asos surges on Q3 numbers

Struggling UK online fashion retailer Asos said third-quarter sales fell 14%, but posted a rise in core earnings as it claimed its turnaround strategy to focus on more profitable items was starting to bear fruit.

15 Jun
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US open: Stocks off to mixed start after latest central bank moves

Wall Street's main market gauges got off to a mixed start on Thursday as they digested interest rate hikes by the Fed and the ECB, even as China's central bank cut its own.

15 Jun
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Asos shares surge on return to profitability

Struggling UK online fashion retailer Asos said third-quarter sales fell 14%, but posted a rise in core earnings as it claimed its turnaround strategy to focus on more profitable items was starting to bear fruit.

15 Jun
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Philly Fed manufacturing index dips a bit more than expected in June

Manufacturing sector activity in the US mid-Atlantic region weakened a tad more than expected in June, the results of a closely followed survey showed.

15 Jun
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ECB hikes again, revises core CPI forecasts higher

Rate-setters in Frankfurt hiked its main interest rates again, as expected, as inflation appeared set to remain "too high for too long".

15 Jun
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Eurozone balance of trade slides into deficit

The Eurozone balance of trade fell back into deficit in April, official data showed on Thursday.

15 Jun
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US retail sales hold up in May, rise 0.4%

American consumers continued to spend at a steady clip last month.

15 Jun
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Weekly US jobless claims remain unchanged, top forecasts

There was a bit more slack than expected in the US jobs market during the latest week.

15 Jun
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Patterson-UTI Energy, NexTier to merge in $5.4bn deal

Patterson-UTI Energy and NexTier Oilfield Solutions have agreed a $5. 4bn all-share merger.

15 Jun
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Bezant extends repayment on Sanderson Capital facility

Copper-gold explorer and developer Bezant Resources announced an agreement with long-term shareholder Sanderson Capital Partners to extend the repayment date on a £0. 7m unsecured convertible loan funding facility.

15 Jun
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Scandal-hit Odey Asset Management to be broken up

Odey Asset Management is to be dismantled, after the hedge fund was sent reeling by accusations of sexual misconduct against founder Crispin Odey.

15 Jun
Mike Ashley's Frasers lifts stake in Asos again to 10.6%

Mike Ashley's Frasers Group has lifted its stake again in troubled online fashion outlet Asos to 10. 6%, the company announced on Thursday.

15 Jun
Europe midday: Shares down as investors eye ECB

The rally in European markets came to a shuddering halt on Thursday after the US Federal Reserve paused rate rises, but said more could be on the way, China’s economic recovery appeared to be sputtering and investors awaited the latest policy decision from the European Central Bank.

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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.