Latest News
05 Jul
Europe close: Shares end lower as China, EZ PMI readings dent sentiment

European stocks closed lower on Wednesday gloomy China and eurozone survey data signalling a stalling in post-Covid pandemic recovery hit sentiment.

05 Jul
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London close: Stocks fall on fresh service sector data

London stock markets ended lower on Wednesday, as investors cautiously responded to fresh services data from the UK and China, and looked to the latest Federal Reserve minutes.

05 Jul
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Director dealings: Made Tech CEO invests, AB Foods finance director pays tax bill

Made Tech Group was on the list of director buys on Wednesday, after its chief executive officer purchased almost 900,000 shares.

05 Jul
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UBS upgrades Pearson to 'buy'

UBS upgraded education publisher Pearson on Wednesday to ‘buy’ from neutral’ and lifted the price target to 970p from 930p.

05 Jul
FTSE 250 movers: Keller surges on outlook; Redde Northgate skids despite FY record

Keller Group upped its full-year earnings outlook on Wednesday, on the back of strong first half trading and a “robust” order book.

05 Jul
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US open: Stocks seen lower ahead of Fed minutes

US stocks fell in early trade on Wednesday as investors mulled disappointing Chinese data and eyed the release of the latest Federal Reserve minutes.

05 Jul
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Simec Atlantis deploys substantially-upgraded turbine

Simec Atlantis Energy announced the successful deployment of 'Turbine 2' at the MeyGen site on Wednesday, marking a significant milestone in the company's ongoing efforts to enhance performance and reliability in tidal energy generation.

05 Jul
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FTSE 100 movers: Pearson boosted by upgrade; Ocado in the red

London’s FTSE 100 was down 0. 9% at 7,455. 29 in afternoon trade on Wednesday.

05 Jul
Redde Northgate shares slump despite record annual profit

Vehicle hire company Redde Northgate posted a strong rise in annual profit, driven by higher demand for vans.

05 Jul
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Deepverge reports 'multiple approaches' from potential suitors

Deepverge updated the market on progress made in relation to the potential sale of its business units on Wednesday, as well as the current state of its operations.

05 Jul
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Genedrive draws down £0.3m under equity prepayment facility

Molecular diagnostics company Genedrive announced the latest drawdown of £0. 3m under its £5m equity prepayment facility on Wednesday.

05 Jul
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Leicester City FC to be fined for anti-competitive deal with JD Sports

The Competition and Markets Authority (CMA) issued a fine to Leicester City FC on Wednesday, after finding that the football club and retailer JD Sports had engaged in an arrangement that restricted competition in the sales of Leicester City-branded clothing, including replica kits.

05 Jul
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Mattioli Woods revenue rises despite challenging market

Wealth and asset management specialist Mattioli Woods reported a 3% increase in revenue year-on-year in a trading update on Wednesday, driven by a 4% organic revenue growth.

05 Jul
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Supreme hikes expectations after year of strong trading

Fast-moving consumer products specialist Supreme reported a 19% rise in revenue in its final results on Wednesday, to £155. 6m.

05 Jul
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Crispin Odey investigated by City watchdog

The City regulator is investigating whether hedge fund manager Crispin Odey is a “fit and proper person” to work in financial services, it emerged on Wednesday.

05 Jul
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Mineral & Financial upbeat on progress at Lagoa Salgada

Mineral & Financial Investments updated the market on the Lagoa Salgada Project in Portugal on Wednesday, after Ascendant Resources and Redcorp Empreedimentos Mineiros - the joint venture partners responsible for the project - announced the potential involvement of the UK Export Credit Agency (UKEF) in providing financial support.

05 Jul
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London midday: Stocks stay down as investors mull UK, China services data

London stocks were still in the red by midday on Wednesday as investors digested UK and China services data, and eyed the latest minutes from the Federal Reserve.

05 Jul
Europe midday: Shares down as EZ, China PMIs show recovery stalling

European shares were lower on Wednesday as surveys showed the Chinese and eurozone economic recoveries were both losing steam and investors eyed the released of minutes from the US Federal Reserve.

05 Jul
Eurozone recovery losing steam as PMI data shows contraction

Eurozone manufacturing output fell in June, while services growth also weakened with total business activity going into contraction, according to final survey data released on Wednesday.

05 Jul
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UK service sector loses momentum

The recovery in the UK service sector lost momentum in June, a closely-watched survey showed on Wednesday, as rising interest rates weighed on 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.