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14 Dec
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Thursday preview: BoE and ECB meetings in focus

The market spotlight will shift back to the U. K. on Thursday, where the Bank of England's policymakers will meet to decide on rates.

13 Dec
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US close: Stocks surge, Dow hits record on rate-cut hopes

US stocks surged on Wednesday after the Federal Reserve opened the door to three interest-rate cuts in 2024, with the Dow Jones Industrial Average finishing at its highest closing level in history.

13 Dec
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FOMC keeps rates unchanged, but opens door to rate cuts in 2024

Policymakers at the Federal Reserve chose to keep interest rates unchanged for the third straight meeting and hinted at the possibility of monetary loosening in 2024 with inflation slowing more than expected.

13 Dec
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London close: Stocks finish higher ahead of Fed decision

London markets remained in positive territory by the close of Wednesday after weak UK GDP data led investors to anticipate a potential rate cut from the Bank of England.

13 Dec
Pfizer shares slump 10% as annual outlook cut

Shares in Pfizer slumped on Wednesday as the US drugs giant said annual revenue and profit would come in below expectations.

13 Dec
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Broker tips: WPP, Paragon Banking, CRH

Advertising and media group WPP's share price was weighed down on Wednesday by a ratings cut by JP Morgan from 'overweight' to 'neutral' and slashed its target price for the stock from 1,170. 0p to just 850. 0p.

13 Dec
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Director dealings: McBride director makes share purchase

McBride revealed on Wednesday that non-executive director Alastair Murray had purchased 37,500 ordinary shares in the London-listed household goods retailer.

13 Dec
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FTSE 100 movers: Entain rallies; B&M hit by placing

London’s FTSE 100 was up 0. 2% at 7,557. 68 in afternoon trade on Wednesday.

13 Dec
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US open: Stocks higher ahead of Fed decision

Wall Street stocks were in the green early on Wednesday as traders came to terms with the Federal Reserve's latest interest rate decision.

13 Dec
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Frontier IP's TVG appoints advisory board for herpesvirus vaccine

Intellectual property commercialisation specialist Frontier IP Group announced on Wednesday that its portfolio company, The Vaccine Group (TVG), had appointed an advisory board to facilitate the expansion of its herpesvirus-based vaccine platform.

13 Dec
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Ondine raises $3.6m to help commercialise Steriwave

Life sciences company Ondine Biomedical has successfully raised CAD 4. 91m ($3. 62m), it announced on Wednesday, bolstering its efforts to commercialise its photodisinfection technology aimed at reducing healthcare-associated infections (HAIs).

13 Dec
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Good Energy's Zapmap expands to mainland Europe

Good Energy announced on Wednesday that its EV charging point mapping subsidiary Zapmap had introduced charge point mapping services in mainland Europe.

13 Dec
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Tekcapital investee Lucyd integrates ChatGPT into app

Intellectual property investor Tekcapital updated the market on its portfolio company Innovative Eyewear on Wednesday after the latter unveiled a significant update to the Lucyd app for Android.

13 Dec
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Creo launches 'Speedboat Ultraslim' with first UK procedure

Creo Medical Group announced a significant milestone for its Speedboat UltraSlim medical device in the field of surgical endoscopy on Wednesday.

13 Dec
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Wishbone confirms visual results from Cottesloe drilling

Wishbone Gold updated the market on its ongoing diamond drill programme on Wednesday at the Cottesloe project in the Paterson Range of Western Australia.

13 Dec
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Bushveld gives notice to 40pc of head office staff

Vanadium producer Bushveld Minerals said in an update on Wednesday that it was implementing strategic cost-cutting measures to ensure long-term competitiveness and financial stability, while also right-sizing its head office staff to align with a renewed focus on core operational assets.

13 Dec
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Drop in energy prices keeps U.S. wholesale inflation under wraps in November

Wholesale prices in the States were held in check last month by a drop in energy costs.

13 Dec
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Apollo considering £5bn takeover of Pension Insurance Corporation - report

Apollo Global Management is reportedly considering a £5bn takeover of Pension Insurance Corporation, one of the City's biggest specialist insurers.

13 Dec
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Seeing Machines upbeat on proposed US driver safety rules

Driver monitoring technology specialist Seeing Machines updated the market on Wednesday, on an announcement from the US National Highway Traffic Safety Administration (NHTSA).

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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.