Latest News
20 Sep
us dollar dl 4
Wednesday preview: Fed rate decision, UK CPI in focus

All eyes in the middle of the week will be on the Federal Reserve, as rate-setters in Washington D. C. wrap up their two-day monetary policy meeting.

19 Sep
hsbc dl
Sector movers: Banks and Big Oil pace gains

Banks and Big Oil paced gains on the FTSE 350 on Tuesday, even as investors braced for the U. S. central bank's policy announcement the next day - against the backdrop of rising oil prices.

19 Sep
federal reserve board dl fomc powell us bonds finance
Europe close: Stocks end on mixed note ahead of Fed decision

European markets finished on a mixed note on Tuesday as eurozone as traders girded for the U. S. central bank's latest policy decision the next day, against the backdrop of higher oil prices.

19 Sep
ihg dl sbs dundee exterior
BofA restarts IHG at 'buy', says valuation discount 'unjustified'

Analysts at Bank of America restarted coverage of Intercontinental Hotels Group at 'buy' with a 7,200. 0p target price, arguing that the shares' valuation discount versus peers was "unjustified".

19 Sep
dl city of london square mile financial district lse london stock exchange trading finance black cab taxi generic pexels
London close: Fed, BoE nerves set as stocks finish flat

Stocks finished Tuesday's trading session flat as another jump in oil prices added to nerves ahead of monetary policy meetings at the Federal Reserve and Bank of England in the coming days.

19 Sep
FTSE 250 movers: C&C gains on update; SThree in favour

C&C Group said in a trading update on Tuesday that it expected its first-half operating profit to fall between €29m to €31m.

19 Sep
federal reserve dl bonds us usa dollar fx
US open: Stocks dip as Fed meeting gets under way

Nervous traders were pushing stocks slightly lower as the Federal Reserve's two-day policy meeting got under way.

19 Sep
dl kingfisher plc consumer discretionary retailer retailers home improvement retailers ftse 100 premium bq b q b and q screwfix 20230403 1429
FTSE 100 movers: Kingfisher down 11% after profit warning

Kingfisher lost more than a tenth of its market value on Tuesday after the DIY retail conglomerate warned shareholders that it would have to scale back profit guidance this year.

19 Sep
dl ocado supermarket retail online delivery groceries truck transport ftse 100 min
Ocado holds guidance as Q3 retail sales rise 7.2%

Online grocer and technology company Ocado maintained annual guidance after a 7. 2% rise in third-quarter retail revenues.

19 Sep
dl marks and spencer group plc marks & spencer m&s mands m and s consumer discretionary retail retailers diversified retailers logo 20220112
Director dealings: M&S non-exec invests, Brooks Macdonald CEO deals with options

Marks & Spencer was among those on the list of director buys on Tuesday after a non-executive director picked up more than 9,000 shares.

19 Sep
dl accesso technology group plc aim technology software and computer services software logo 20230118
Accesso swings to statutory loss despite improved revenue

Leisure and entertainment sector technology provider Accesso reported a 3. 2% revenue increase in its interim results on Tuesday to $65. 78m.

19 Sep
dl team17 group plc aim team 17 consumer discretionary consumer products and services leisure goods electronic entertainment logo 20230118
Team17 maintains expectations as first-half earnings slip

Video games specialist Team17 reported a 31% increase in revenue in its half-year results on Tuesday, reaching £69. 7m, up from £53. 2m in the first half of 2022.

19 Sep
Broker tips: C&C Group, Redrow

Shares in Bulmers and Magners maker C&C Group jumped on Tuesday after the drinks manufacturer delivered a "resilient" and "reassuring" underlying performance in the first half, according to Shore Capital.

19 Sep
house dl us housing construction 2
US housing starts drop by more than expected in August

Homebuilding activity in the States fell sharply last month, although a key lead indicator pointed to somewhat more buoyant conditions in coming months.

19 Sep
dl redrow plc housebuilder house builder builders home homes property developer residential sign logo ftse 250
Berenberg still upbeat on Redrow despite 'tough year ahead'

Berenberg has retained a 'buy' stance on housebuilder Redrow despite cutting its profit forecasts, saying the stock is one of the more "attractively valued" in the sector.

19 Sep
dl fintel plc fntl industrials industrial goods and services industrial support services professional business support services aim logo 20230919 1400
Fintel confident after robust first half of trading

Financial technology and support provider Fintel reported a 2% rise in core revenue in its half-year results on Tuesday, to £27. 6m.

19 Sep
dl serica energy plc aim energy oil gas and coal oil crude producers logo 20230321
Serica trims production guidance after completing Tailwind acquisition

Upstream oil and gas company Serica Energy noted the March acquisition of Tailwind Energy Investments in its interim results on Tuesday, which raised 2P reserves to 130 million barrels of oil equivalent as of 31 December.

19 Sep
dl avacta aim life science sciences logo
Avacta upbeat on fresh data from chemotherapy trial

Life sciences company Avacta Group announced the successful completion of its sixth dose escalation cohort in the ALS-6000-101 phase one clinical trial on Tuesday, assessing the safety and tolerability of the drug, AVA6000.

19 Sep
dl c and c group plc ftse 250 ccr cc candc consumer staples food beverage and tobacco beverages distillers and vintners logo
C&C Group a 'buy' after resilient first-half performance

Shares in Bulmers and Magners maker C&C Group jumped on Tuesday after the drinks manufacturer delivered a "resilient" and "reassuring" underlying performance in the first half, according to Shore Capital.

19 Sep
dl big technologies plc big technology technology software and computer services computer services aim ftse aim uk 50 index buddi 20230330 1138
Big Technologies revenue, earnings rise in first half

Monitoring technology specialist Big Technologies reported a 19% rise in first-half revenue on Tuesday, reaching £27. 3m, up from £22. 9m in the same period in 2022.

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.