Latest News
15 Nov
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Wednesday preview: UK CPI, Biden-Xi meetings in the spotlight

Investors' focus in the middle of the week will be split between the UK economy and geopolitics.

14 Nov
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US close: Stocks post huge rally as inflation falls more than predicted

US stocks surged from the off and held on to impressive gains by the close after a bigger-than-expected drop in inflation reignited hopes that the Federal Reserve will refrain from hiking interest rates again this cycle.

14 Nov
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London close: Stocks turn higher on cooler US inflation report

London’s stock markets had managed to turn positive by the close on Tuesday after a lower-than-expected inflation report from the United States boosted confidence while investors also mulled the latest UK jobs data.

14 Nov
Europe close: Stocks jump on U.S. CPI data

European stocks jumped after U. S. consumer price figures for October printed a tad below economists' forecasts, prompting speculation of interest rate cuts by the Federal Reserve, America's central bank.

14 Nov
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Broker tips: M&G, IHG

RBC Capital Markets downgraded M&G on Tuesday to ‘sector perform’ from ‘outperform’ and cut the price target to 200p from 220p as it turned more cautious on asset management.

14 Nov
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Director deals: Redrow chairman picks up shares

Redrow's non-executive chairman bought shares in the homebuilder at the start of the week.

14 Nov
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Greatland starts drilling at Meadows gold prospect

Greatland Gold announced the start of drilling activities at the Meadows gold prospect within the Ernest Giles Project on Tuesday, in an underexplored Archean greenstone belt in Western Australia’s Yilgarn Craton.

14 Nov
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Roughly 500 jobs to go at Pfizer's Kent site

Around 500 jobs are set to go at pharma giant Pfizer's Kent site.

14 Nov
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FTSE 250 movers: Watches of Switzerland surges; Vesuvius in the red

London’s FTSE 250 was 3% higher in afternoon trade on Tuesday at 18,458. 06.

14 Nov
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US open: Stocks spring higher on softer than expected CPI data

Stocks on Wall Street sprang higher on the back of a softer-than-expected reading for US consumer prices.

14 Nov
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Berenberg downgrades IHG to 'hold', lowers target price

Analysts at Berenberg downgraded their recommendation for shares of hotel operator IHG from 'buy' to 'hold'.

14 Nov
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US CPI undershoots forecasts in October

The cost of living in the U. S. fell back in October by more than expected.

14 Nov
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FTSE 100 movers: DCC surges; Vodafone slumps on results

London’s FTSE 100 was up 0. 2% at 7,439. 85 in afternoon trade on Tuesday.

14 Nov
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Dr Martens appoints Giles Wilson as CFO

Iconic bootmaker Dr Martens said on Tuesday that it has appointed Giles Wilson as chief financial officer.

14 Nov
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Fintel makes two more acquisitions amid strong trading

Financial technology and support specialist Fintel announced two significant strategic acquisitions on Tuesday and an update on its recent trading.

14 Nov
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Fonix Mobile starts year in line with expectations

Payments and messaging specialist Fonix Mobile reported a solid start to its financial year on Tuesday, which aligned with expectations.

14 Nov
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RBC Capital downgrades M&G to ‘sector perform’

RBC Capital Markets downgraded M&G on Tuesday to ‘sector perform’ from ‘outperform’ and cut the price target to 200p from 220p as it turned more cautious on asset management.

14 Nov
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Thames Water returning £73.8m to customers under Ofwat determinations

UK water regulator Ofwat announced the financial penalties and payments for all water companies for 2022-2023 on Tuesday, with Thames Water set to return the most money to customers.

14 Nov
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Cake Box on track after first half of growth

Fresh cream cake retailer Cake Box reported a 6. 8% improvement in first-half revenue on Tuesday to £18m.

14 Nov
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Europe midday: Stocks little changed as investors bide their time ahead of US CPI numbers

European stocks were trading modestly higher despite nerves ahead of some key economic data, including a closely watched reading on US inflation.

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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.