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16 Nov
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US close: Stocks mixed as jobless claims surge

Wall Street stocks displayed a mixed performance on Thursday, following a day of robust gains in the previous session.

16 Nov
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London close: Stocks sink after three days of gains

London markets ended in negative territory on Thursday, reversing a three-day winning streak.

16 Nov
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Broker tips: Babcock, Lancashire, B&M European Retail

Bank of America Merrill Lynch reiterated its 'buy' rating on Babcock International on Thursday while trimming its price target on the stock.

16 Nov
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Europe close: Falling luxury and oil stocks push markets lower

European investors adopted a cautious approach on Thursday after three straight days of gains, as mixed corporate earnings and heavy falls from luxury and oil stocks weighed on markets.

16 Nov
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Director dealings: FD Technologies CEO makes share purchase

FD Technologies revealed on Thursday that chief executive Seamus Keating had acquired 10,500 ordinary shares in the AIM-listed software firm.

16 Nov
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Samsung confirms data breach involving UK customer details

Technology giant Samsung Electronics confirmed a data breach on Thursday that led to the unlawful acquisition of the personal contact information of some of its UK customers.

16 Nov
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Sector movers: Stocks slip amid poor company results on either side of the Pond

Stocks gave back some ground on Thursday, partly due to many names going ex-dividend, but the downdraft in shares of Burberry highlighted the difficult trading conditions faced by some companies operating in China and the U. S. , the world's two largest economies.

16 Nov
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FTSE 250 movers: GPE and Babcock retreat

London’s FTSE 250 was down 1. 5% at 18,393. 54 in afternoon trade on Thursday.

16 Nov
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US open: Major indices trade lower as jobless claims hit three-month high

Wall Street stocks were in the red early on Thursday after recording solid gains in the previous session.

16 Nov
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BofA trims Babcock price target, reiterates 'buy' rating

Bank of America Merrill Lynch reiterated its ‘buy’ rating on Babcock International on Thursday while trimming its price target.

16 Nov
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US industrial production down in October as auto strikes limit output

Industrial production in the US declined more than expected in October, according to data out Thursday from the Federal Reserve, as auto factory strikes weighed on output.

16 Nov
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CMA warns Wowcher over selling tactics

The regulator has called on online platform Wowcher to change its selling practices or face court action.

16 Nov
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Philly manufacturing contracts again in November

Manufacturing activity in the Philadelphia region contracted again in November but by less than expected, according to the Philly Federal Reserve.

16 Nov
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FTSE 100 movers: Burberry tanks on sales warning; Halma rallies

London’s FTSE 100 was down 0. 8% at 7,426. 93 in afternoon trade on Thursday.

16 Nov
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Gunsynd pays first tranche of Metals One farm-in

Gunsynd announced a significant step in its conditional farm-in agreement with Metals One on Thursday, which was first announced on 21 June 2022.

16 Nov
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MaxCyte joins Alliance for mRNA Medicines

Cell engineering company MaxCyte announced its membership in the Alliance for mRNA Medicines (AMM) as a founding member on Thursday.

16 Nov
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Craneware reports sustained financial performance

Healthcare software specialist Craneware reported sustained positive financial and operational performance in the new financial year on Thursday.

16 Nov
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Restore confident despite tougher trading conditions

Digital and information management specialist Restore described resilient trading in an update on Thursday, with growth in various segments of its operations.

16 Nov
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US jobless claims hit highest level in almost three months

Americans filed unemployment claims at an accelerated clip in the week ended 11 November, hitting their highest level in almost three months.

16 Nov
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Walmart sales top expectations, outlook less optimistic than hoped

Shares in Walmart were in the red on Thursday after the big-box retail giant provided a less optimistic outlook for 2023 than market consensus despite exceeding profit and sales expectations in the third quarter.

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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.