Latest News
26 Jul
federal reserve dl bonds us usa dollar fx
Federal Reserve hikes rates, leaves door open to more tightening

The Federal Reserve hiked interest rates as expected on Wednesday and left the door open to further tightening if needed.

26 Jul
ecb dl 3 euro bonds frankfurt germany economy
Europe close: Stocks slip ahead of Fed, LVMH drop hits Cac-40

European shares ended on a mixed note on Wednesday as investor focus turned to the start of the US Federal Reserve’s two-day policy meeting for any clues on the future path of interest rates and also digested another deluge of earnings.

26 Jul
shell dl lng regasification terminal, gibraltar
Thursday preview: ECB, Shell in focus

Investors' attention on Thursday would be on the European Central Bank.

26 Jul
FTSE 250 movers: RHI Magnesita soars; FDM Group slips on warning

Global supplier of refractory products and systems RHI Magnesita shares gained after interim results, despite challenging conditions, with low demand volumes in the steel market in all geographies except India.

26 Jul
dl city of london overview high view towers offices working buildings square mile financial district finance trading unsplash
London close: Stocks in risk-off mood ahead of Fed decision

London’s stock markets closed in a mixed state on Wednesday, with the top-flight FTSE 100 in the red as investors looked ahead to the policy announcement from the US Federal Reserve.

26 Jul
dl amazon warehouse distribution delivery shopping online
CMA to consult on changes offered by Amazon Marketplace

In response to concerns raised by the Competition and Markets Authority (CMA) over potential anti-competitive practices, Amazon has offered to implement changes to the way it treats third-party sellers using its Marketplace platform in the UK, it emerged on Wednesday.

26 Jul
dl aferian aim video streaming technology solutions b2b business to business logo
Director dealings: Origin Enterprises, Aferian execs invest in shares

Origin Enterprises was among those disclosing a director purchase on Wednesday, after its chief executive officer picked up 20,000 shares.

26 Jul
dl ocado group plc ocdo consumer staples personal care drug and grocery stores personal care drug and grocery stores food retailers and wholesalers ftse 100 premium 20230403 1552
FTSE 100 movers: NatWest under the cosh; Ocado surges

London’s FTSE 100 was down 0. 3% at 7,665. 35 in afternoon trade on Wednesday.

26 Jul
dl ao world appliances online retail electronics commerce internet technology ftse 250 min
Broker tips: Tyman, AO World

Berenberg upgraded Tyman on Wednesday to ‘buy’ from ‘hold’ and hiked the price target to 360p from 250p after the company’s first-half results a day earlier.

26 Jul
dl ao world appliances online retail electronics commerce internet technology ftse 250 min
ShoreCap downgrades AO World to ‘sell’

Shore Capital downgraded its stance on online electricals retailer AO World on Wednesday to ‘sell’ from ‘hold’.

26 Jul
house dl
U.S. new home sales dip in June

New home sales in the U. S. undershot economists' forecasts by a large margin last month.

26 Jul
boeing dl jets cargo freighter jet aerospace real technology
US open: Alphabet and Boeing please, banks wanted

US stocks were trading on a mixed note on Wednesday as investors eyed the latest policy announcement from the Federal Reserve later in the session and a mixed batch of earnings releases.

26 Jul
dl learning technologies group plc aim ltg technology software and computer services software learning tech logo
Learning Technologies adjusts guidance after resilient first half

Digital learning and talent management technology provider Learning Technologies Group said in an update on Wednesday that, during the first half, revenue from continuing operations was expected to be at least £283m, up from £277. 8m in the same period of 2022.

26 Jul
dl lbg media plc aim consumer discretionary media entertainment logo
LBG Media operations chief steps down permanently

Youth-focussed digital publisher LBG Media announced the resignation of its chief operating officer and director Arian Kalantari on Wednesday, effective immediately.

26 Jul
Lloyds Bank interim profits surge, but but debt provisions surprise market

Lloyds Bank on Wednesday reported another surge in earnings, although slightly below expectations, and set aside more cash for bad loans amid pressure to provide hard pressed savers better returns.

26 Jul
dl airport heathrow london terminal 5 england uk travel pd
Heathrow halves losses but cautious on outlook

Heathrow said on Wednesday that it halved its losses in the first half but struck a cautious note on the outlook for the second half, citing the cost-of-living crisis.

26 Jul
dl boeing 737 10 in flight
Boeing slips to Q2 loss but ramping up 737 production

Boeing beat analyst forecasts for the second quarter as commercial aircraft deliveries drove revenues on the back of increased production, although losses in the defence and space operations pushed the company into a loss.

26 Jul
dl tyman building products construction doors windows logo ftse 250
Berenberg ups Tyman to ‘buy’, says stock is cheap

Berenberg upgraded Tyman on Wednesday to ‘buy’ from ‘hold’ and hiked the price target to 360p from 250p after the company’s first-half results a day earlier.

26 Jul
dl gsk ftse 100 glaxosmithkline glaxo smith kline health care healthcare pharmaceuticals and biotechnology pharmaceuticals logo
GSK lifts full-year guidance after 'excellent' Q2

GSK lifted its full-year guidance on Wednesday after an "excellent" second quarter.

26 Jul
Europe midday: Shares extend losses; LVMH out of fashion

European shares extended losses on Wednesday as investor focus turned to the start of the US Federal Reserve’s two-day policy meeting for any clues on the future path of interest rates and also digested another deluge of earnings.

News Source: © 2024 Web Financial Group (UK) Limited. All rights reserved and terms of use apply.

Important Legal Notice about News Sources: Pilling and Co Stockbrokers Ltd. is not responsible for the content or accuracy of third party news 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.

 

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.