Latest News
26 Oct
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Director dealings: Big Technologies COO lowers stake

Big Technologies revealed on Tuesday that chief operating officer Charles Lewinton had offloaded 90,000 ordinary shares in the AIM-listed technology platform operator.

24 Oct
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US close: Strong earnings from blue chips drive markets higher

US markets rose on Tuesday with the Dow snapping a four-day losing streak as a raft of blue chips impressed the market with better-than-expected earnings.

24 Oct
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London close: Stocks edge up on US gains but banks hit by Barclays update

London stocks reversed earlier losses to end up on Tuesday, boosted by a solid showing on Wall Street, but banks were under the cosh after a disappointing update from Barclays.

24 Oct
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Asos delays publication of FY results by a week

Online fashion retailer Asos said on Tuesday that its full-year results will be delayed by a week until 1 November, as its auditor PwC needs more time to complete planned testing.

24 Oct
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Europe close: Stocks rise on hopes ECB will hold rates steady

European stock markets bounced back on Tuesday as worse-than-expected economic data cemented expectations that the European Central Bank (ECB) will hold interest rates steady at its next meeting on Thursday.

24 Oct
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Broker tips: Kingfisher, Pets at Home, Rio Tinto, CAB Payments

JPMorgan Cazenove reiterated its 'underweight' rating and 200. 0p target price on B&Q owner Kingfisher on Tuesday as it placed the shares on 'negative catalyst watch' ahead of its third-quarter trading update next month.

24 Oct
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US business activity picks up a little in October

US business activity picked up a little in October, while inflationary pressures eased, according to a survey out on Tuesday.

24 Oct
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Hipgnosis fails to receive 'superior offer' to Blackstone

Music rights owner Hipgnosis Songs Fund said on Tuesday that it had failed to receive a "superior offer" to Blackstone's in its recent 'Go-Shop' process.

24 Oct
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US open: Stocks rise as blue-chip earnings top forecasts

Positive reactions to a bunch of big-name stocks were providing a lift on Wall Street on Tuesday, with Spotify, General Electric, Coca-Cola, Spotify, 3M and General Motors all beating expectations.

24 Oct
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FTSE 250 movers: Plus500 surges; CAB Payments tumbles

London’s FTSE 250 was down 0. 2% at 17,020. 25 in afternoon trade on Tuesday.

24 Oct
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Canaccord Genuity slashes target price on CAB Payments

Analysts at Canaccord Genuity slashed their target price on payment processing and foreign exchange business CAB Payments from 585. 0p to 246. 0p on Tuesday after the group's "surprise and significant" negative trading update.

24 Oct
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UK regulators set to remove cap on banker bonuses

The Prudential Regulation Authority (PRA) has removed a limit on bonuses in the banking sector after finding that pay and "allowances" have been creeping up over the past decade.

24 Oct
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FTSE 100 movers: Rio boosted by broker note; Barclays in the red

London’s FTSE 100 was down 0. 1% at 7,366. 95 in afternoon trade on Tuesday.

24 Oct
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System1 Q2 revenues grow, H1 gross profits rise

Market research firm System1 said on Tuesday that second-quarter revenues had risen year-on-year, leading to improved interim gross profits.

24 Oct
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General Motors pulls full-year guidance due to strikes

General Motors posted better-than-expected third-quarter earnings on Tuesday but said it was pulling its annual guidance due to the impact of strikes.

24 Oct
Spotify returns to profit after smashing Q3 targets

Spotify delivered a return to profitability in the third quarter after user and subscriber numbers beat expectations and revenues grew ahead of guidance.

24 Oct
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LPA Group hails stronger H2, to restore dividend

Electro-mechanical components manufacturer LPA Group said on Tuesday that it will restore its dividend, as it hailed a "stronger" second half, with both orders and revenue increasing.

24 Oct
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Beowuld reports progress on Kallak Iron Ore Project

Beowulf Mining updated the market on progress and its plans for the Kallak Iron Ore Project on Tuesday, alongside its wholly-owned Swedish subsidiary Jokkmokk Iron Mines.

24 Oct
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Phoenix Copper expands Navarre Creek claims as it assesses drilling

Phoenix Copper updated the market on its 2023 Navarre Creek exploratory drilling programme in Idaho on Tuesday, as it assessed and analysed assay results from 28 reverse circulation (RC) drill holes.

24 Oct
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Coca-Cola Company comfortably beats third-quarter forecasts

Soft drink behemoth Coca-Cola topped expectations on quarterly earnings and revenue in its latest report on Tuesday, with earnings per share coming in at 74 cents.

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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.