Latest News
06 Dec
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Canaccord Genuity downgrades Ashtead Technology to 'hold'

Analysts at Canaccord Genuity downgraded subsea equipment rental group Ashtead Technology to 'hold' from 'buy' on Friday but hiked its target price on the stock from 475. 0p to 615. 0p following what it called "the big one".

01 Dec
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US close: Dow nears record high as bond yields continue to retreat

US stocks put in decent gains on Friday with the Dow rising to its highest in nearly two years as bond yields continued to slump on the back of rising hopes that the Federal Reserve may cut interest rates earlier than expected.

01 Dec
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London close: Stocks rise on flurry of manufacturing data

London stocks closed positively on Friday, with miners playing a pivotal role following broker upgrades and optimistic Chinese manufacturing data.

01 Dec
Weekly review

The FTSE 100 ended the week up 41. 15 points, or 0. 55%, closing at 7,529. 35 on Friday.

01 Dec
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Europe close: Stocks hit four-month high on improving data, rate-cut hopes

European stock markets have kicked off December with a bang, rising over 1% on the back of improving economic data and rising hopes that a European Central Bank (ECB) rate cut could be on the cards.

01 Dec
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Broker tips: Ashtead Technology, Spirax-Sarco, Petrofac, Tesco

Analysts at Canaccord Genuity downgraded subsea equipment rental group Ashtead Technology to 'hold' from 'buy' on Friday but hiked its target price on the stock from 475. 0p to 615. 0p following what it called "the big one".

01 Dec
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Director dealings: Gelion founder ups stake

Gelion revealed on Friday that non-executive director Thomas Maschmeyer had acquired 565,500 ordinary shares in the AIM-listed battery group.

01 Dec
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US open: Stocks mixed to start December trading

Wall Street stocks were mixed at the opening bell on Friday after the blue-cup Dow Jones notched its best month in over a year and traders looked ahead to comments from Fed head Jerome Powell.

01 Dec
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US manufacturing PMI unchanged in November, ISM report shows

Economic activity in the US manufacturing sector declined in November for the 13th straight month, according to the Institute for Supply Management's latest purchasing managers' index (PMI).

01 Dec
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UBS upgrades Anglo American, Antofagasta to 'buy'

UBS upgraded its stance on miners Anglo American and Antofagasta on Friday to ‘buy’ from ‘neutral'.

01 Dec
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FTSE 250 movers: Ceres Power and Trainline register sharp falls

Ceres Power tanked 16% on Friday after warning on full-year revenues, as it conceded it was unlikely to sign new deals in time for the revenue to be recognised in 2023.

01 Dec
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FTSE100 movers: Miners up on China data, rating upgrades; Tesco falls

London’s FTSE 100 was up 0. 4% at 7,486. 03 in afternoon trade on Friday.

01 Dec
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Proteome Sciences issues profit warning after project delays

Proteome Sciences, the AIM-listed protein sequencing contract research organisation, has warned it will swing to a net loss this year with full-year sales lower than expected.

01 Dec
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T42 partners with Sateliot for container tracking solution

T42 IoT Tracking Solutions announced on Friday that it was joining forces with Sateliot IOT Services to enhance its connected container offerings.

01 Dec
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Orcadian Energy extends Pilot farm-out deadline

Orcadian Energy updated the market on the potential farm-out of the Pilot development project on Friday, agreeing to extend the deadline for executing definitive documentation with the potential operator.

01 Dec
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ASLEF members vote to continue train strikes

The ASLEF train drivers' trade union has voted to continue strikes ahead of planned industrial action next week, saying that members are "in this for the long haul".

01 Dec
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US pre-open: Futures mixed following Dow's record month

Wall Street futures were mixed ahead of the opening bell on Friday after the blue-cup Dow Jones notched its best month in over a year and traders looked ahead to comments from Fed head Jerome Powell.

01 Dec
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Kibo says joint venture partner missed payment deadline

Kibo Energy announced on Friday that its subsidiary Mast Energy Developments (MED) has issued a formal notice of enforcement to Proventure Holdings UK for failing to meet the binding joint venture agreement (JVA) conditions.

01 Dec
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London midday: Miners pace gains on China manufacturing data, broker upgrades

London stocks were still firmly in the black by midday on Friday, with miners pacing the advance after broker upgrades and encouraging Chinese manufacturing data, with UK figures for the sector also in focus.

01 Dec
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Agronomics investee Liberation gets USDA-backed financing

Cellular agriculture investor Agronomics announced a significant step in constructing and finalising Liberation Labs’ biomanufacturing facility in Indiana on Friday.

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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.