Latest News
26 Jul
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Wednesday preview: Federal Reserve, Lloyds in the spotlight

All eyes on Wednesday would be on the U. S. Federal Reserve and whether or not it signaled that interest rates hikes would stop after this policy meeting.

26 Jul
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US house prices rise in May, S&P says

Home prices in the U. S. rose in May, led by gains in the largest cities, the results of a closely watched survey showed.

25 Jul
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Europe close: Stocks end mixed, but Basic Resources snap higher

European shares ended on a mixed note as investors eyed a US Federal Reserve decision on rates the next day.

25 Jul
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US open: Stocks higher as Fed meeting gets underway

Wall Street was trading higher as investors eyed the start of the Federal Reserve’s two-day policy meeting and earnings from the likes of Alphabet and Microsoft.

25 Jul
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US consumer confidence jumps in July, price expectations dip

Consumer confidence in the U. S. jumped in July, breaking out of the sideways range that had been seen throughout much of the past year, the results of a survey showed.

25 Jul
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London close: Stocks manage gains as miners surge

London’s stock markets closed marginally higher on Tuesday, driven by positive performances from the mining sector and consumer goods behemoth Unilever, which enjoyed a boost from robust second-quarter results.

25 Jul
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Biogen to axe 1,000 jobs as part of cost-cutting strategy

US biopharmaceutical firm Biogen announced that it would trim its workforce by 1,000 jobs on Tuesday, as part of a cost reduction strategy.

25 Jul
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Director dealings: Centrica board member invests, Spirent CFO uses purchase plan

Centrica found itself on the list of buys on a relatively quiet Tuesday for director deals, after one of its non-executive directors picked up almost 1,500 shares.

25 Jul
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Broker tips: Auto Trader, Ceres Power

JPMorgan Cazenove downgraded Auto Trader on Tuesday to ‘underweight’ from ‘neutral’ and cut the price target to 555p from 630p as it pointed to easing momentum in the core business and an unattractive valuation.

25 Jul
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Amazon cuts price for iRobot to $51.75 a share

Amazon said on Tuesday that it will now pay less for Roomba vacuum maker iRobot after it entered into a $200m financing facility.

25 Jul
IMF lifts global growth forecasts; Sees softer landing for major economies

The global economy is heading for a softer landing than first feared after the International Monetary Fund on Tuesday upgraded its growth forecast for the year.

25 Jul
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FTSE 100 movers: Miners rally; Auto Trader hit by downgrade

London’s FTSE 100 was up 0. 2% at 7,694. 52 in afternoon trade on Tuesday.

25 Jul
FTSE 250 movers: Tyman rises on profit uplift; Bridgepoint slides

Windows and doors components maker Tyman on Tuesday said it expected full-year adjusted operating profit at top end of market expectations despite a fall in interim profits driven by a “significant” reduction in volumes.

25 Jul
Tyman sees FY results at top end despite profit fall

Windows and doors components maker Tyman on Tuesday said it expected full-year adjusted operating profit at top end of market expectations despite a fall in interim profits driven by a “significant” reduction in volumes.

25 Jul
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UK manufacturers more positive, but investment intentions weaken, CBI says

Britain's manufacturers grew more positive over the latest quarter, but investment intentions weakened as more companies complained of higher finance costs, a business lobby group said.

25 Jul
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Brighton Pier Group tumbles after profit warning

Brighton Pier Group tumbled as it warned on profits after a "more difficult" second quarter, citing the cost-of-living crisis.

25 Jul
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Berenberg stays at 'buy' on Ceres Power, trims target

Analysts at Berenberg stood by their 'buy' recommendation for shares of Ceres Power following the company's first half results.

25 Jul
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UK consumer confidence hits highest level in 18 months - PwC

UK consumer confidence has hit its highest level in 18 months, a survey released by PwC on Tuesday showed.

25 Jul
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Unilever H1 profits up 3.3%, sees price growth moderating

Consumer goods giant Unilever delivered a 3. 3% rise in interim earnings driven by higher prices and said it expected underlying price growth to moderate through the year.

25 Jul
3M lifts annual guidance despite quarterly loss

US industrial conglomerate 3M lifted annual profit guidance as higher prices and cost-cutting measures provided a boost.

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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.