Latest News
19 Dec
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Broker tips: Bunzl, Star Energy

Bunzl's recent share-price rebound means the stock is "too expensive", according to RBC Capital Markets which reiterated an 'underperform' position and 2,600. 0p target price on the distribution company on Monday.

18 Dec
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US close: Stocks rise, Dow inches higher for fourth straight record close

US stocks finished higher on Monday, though gains for the Dow were only modest with the index already at record highs, as investors continued to digest mixed messages from Federal Reserve policymakers about the interest-rate outlook.

18 Dec
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London close: Stocks make small gains in wake of rate decisions

London stocks closed with minimal changes on Monday, following a week marked by significant central bank decisions.

18 Dec
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Europe close: Stocks continue to retreat from recent highs

European markets mostly declined on Monday, with the exception of the FTSE 100, as investors continued to take profits after the recent rally took the Stoxx 600 to its highest in nearly two years.

18 Dec
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Director dealings: Diploma CFO makes share purchase

Diploma revealed on Monday that chief financial officer Chris Davies had acquired 3,824 ordinary shares on the FTSE 100-listed technical products and services business.

18 Dec
18 Dec
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FTSE 100 movers: Entain gains on upgrade; Fresnillo loses its shine

London’s FTSE 100 was up 0. 4% at 7,608. 17 in afternoon trade on Monday.

18 Dec
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South Korean retailer Coupang takes control of Farfetch

South Korean ecommerce group Coupang is to take over struggling online luxury retailer Farfetch for an undisclosed sum.

18 Dec
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LondonMetric in talks to buy LXi REIT

LondonMetric and LXi REIT confirmed on Monday that they are in talks about a possible all-share merger to create a real estate company worth £3. 9bn.

18 Dec
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CAP-XX patents found invalid in litigation with Tesla subsidiary

Supercapacitor and energy management system specialist CAP-XX updated the market on its ongoing patent infringement case against Maxwell Technologies, now a subsidiary of Tesla, on Monday.

18 Dec
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US open: Stocks higher in early trading

Wall Street stocks recorded early gains on Monday as the final full trading week for the year gets underway.

18 Dec
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US housing market index rises in December

The National Association of Housebuilders' housing market index edged up to 37 in December, up from an almost 12-month low of 34 in November and beating forecasts for a reading of 36.

18 Dec
Alteryx to be taken private by Clearlake, Insight Partners in $4.4bn deal

US software firm Alteryx said on Monday that it has agreed to be taken over by private equity firms Clearlake Capital and Insight Partners in a $4. 4bn deal.

18 Dec
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VF Corp hit by cyberattack as IT systems are taken offline

VF Corporation, the owner of apparel brands Vans, The North Face and Timberland, announced on Monday that it has detected "unauthorised" activity in its IT systems which has led to the loss of personal data, causing shares to tank.

18 Dec
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Unilever to carve out several slower-performing brands

Several slower-performing Unilever brands were set to be carved out, it was announced on Monday, after consumer brands private equity specialist Yellow Wood Partners announced a binding offer for Elida Beauty.

18 Dec
Adobe, Figma abandon $20bn merger amid opposition from regulators

Adobe and Figma said on Monday that they have mutually agreed to end their planned merger amid opposition from UK and EU regulators.

18 Dec
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BP becomes latest to pause Red Sea shipments as attacks continue

BP has announced that it is halting all oil shipments through the Red Sea, becoming the latest company to pause regional routes after a series of targeted attacks by Yemen's Houthi rebels.

18 Dec
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Baron enters farm-up deal with Timor-Leste national oil firm

Baron Oil announced a proposed farm-up agreement on Monday, under which it would assign a 15% working interest in the TL-SO-19-16 production sharing contract at Chuditch, offshore Timor-Leste, to a subsidiary of the Timor-Leste National Oil and Gas Company TIMOR GAP.

18 Dec
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Tower Resources signs rig contract, announces fundraising

Africa-focussed oil and gas company Tower Resources announced a contract with Borr Drilling on Monday to secure the Norve jack-up rig for drilling operations on the Thali licence in Cameroon.

18 Dec
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RUA Life Sciences revenue, profits fall in first half

Biostable polymer medical device specialist RUA Life Sciences reported a gross profit of £0. 62m in its first half on Monday, with a margin of 77%, representing a decrease from £0. 88m and 79% year-on-year.

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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.