Latest News
01 Sep
Grey weather dampens footfall for UK retailers in August

Poor weather and strong comparisons with last year meant that footfall across the UK retailing sector was down in August, according to stats out Friday from the British Retail Consortium.

31 Aug
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US close: Stocks swing into the red after data barrage

US stocks gave up early gains on Thursday after a host of mixed economic data, with the S&P 500 ending August with its first monthly loss since February.

31 Aug
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London close: Stocks finish mixed after US inflation reading

London’s stock market had a mixed performance on Thursday, as investors carefully evaluated a crucial inflation report from the United States amidst an otherwise data-heavy trading day.

31 Aug
Europe close: Shares lower as 'sticky' inflation raises rate hike fears

European shares closed lower on Thursday despite eurozone and US inflation rising more than expected, raising fears of more interest rate rises.

31 Aug
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Revolution Beauty unveils new boss after tumultuous year

Shares in Revolution Beauty Group tanked on Thursday after the cosmetics company announced its results from a year of "upheaval" and appointed a former Walgreens executive as its new boss.

31 Aug
Chicago PMI improves more than expected in August

Business activity in the Chicago area improved more than expected in August, according to figures released on Thursday.

31 Aug
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Director dealings: Flowtech board members invest, Frenkel Topping non-exec linked to buy

Flowtech Fluidpower was on the list of director buys on Thursday, after it disclosed transactions made by three of its board members.

31 Aug
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Ovoca Bio shares plummet after female libido treatment trial fails

Biopharmaceutical developer Ovoca Bio’s shares were plummeting on Thursday, after it released a summary of the top-line results from its phase two dose-ranging study evaluating Orenetide.

31 Aug
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Molecular Energies working towards drilling Paraguay well

Molecular Energies updated the market on the Paraguay exploration well on the Tapir x1 site on Thursday, reporting that work towards drilling of the exploration well had continued.

31 Aug
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Grant Shapps new UK Defence Secretary in mini-reshuffle

UK Energy Secretary Grant Shapps has been appointed as the new Defence Secretary, after Ben Wallace’s resignation earlier on Thursday, Downing Street officials confirmed.

31 Aug
Physiomics shares jump on new contract wins

Shares in Physiomics surged on Thursday after the mathematical modelling company was awarded two contracts, one of which was with a new client.

31 Aug
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Coro gets £1m from Ion sale, contracts met mast for wind project

South East Asian energy company Coro Energy announced on Thursday that it had received £1m from the sale of Ion Ventures, as well as contracted the meteorological mast for its 100MW onshore Oslob Wind Power Project.

31 Aug
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Broker tips: Quilter, Pearson, Prudential

Citi trimmed its price target for Quilter on Thursday to 68p from 70p and reiterated its ‘sell’ rating.

31 Aug
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Infrastructure India extends debt facilities as it looks to sell asset

Infrastructure India (IIP) announced an extension to the maturity dates of its debt facilities on Thursday in a bid to allow it more time to sell its biggest asset, with the extension first applying to the term loan originally announced in April 2019.

31 Aug
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US open: Stocks edge higher after mixed economic data

US stocks started the last trading session of the month in positive territory, though gains were only modest as investors digested a barrage of mixed economic data on the labour market, consumer spending and inflation.

31 Aug
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Grafton profits fall in tough market; unveils £50m buyback

Building materials supplier Grafton on Thursday reported a 29% fall in half-year profits amid a challenging market, but still lifted its dividend and announced a new £50m share buyback.

31 Aug
US initial jobless claims fall slightly

The number of Americans filing for unemployment benefits fell slightly last week, according to data released on Thursday by the Labor Department.

31 Aug
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Block Energy reaches total depth with latest well

Georgia-focussed development and production company Block Energy announced on Thursday that well WR-34Z had reached total depth, and drilling operations had ceased.

31 Aug
FTSE 250 movers: Citi 'sell' hits Quilter; Grafton buyback pleases

Citi trimmed its price target for Quilter on Thursday to 68p from 70p and reiterated its ‘sell’ rating.

31 Aug
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Friday preview: Non-farm payrolls set to steal the show

Another raft of overseas economic indicators are on the schedule for Friday, but it will be the all-important non-farm payroll data from the US that will steal the headlines.

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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.