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28 Jul
wall street
US close: Stocks slide following corporate earnings

Wall Street stocks closed lower on Tuesday amid stimulus headlines and another slab of corporate earnings.

28 Jul
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Wednesday preview: Federal Reserve, Barclays in focus

Some market commentary holds that policymakers at the Federal Reserve might strengthen their forward guidance on interest rates.

28 Jul
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Europe close: Stocks little changed as investors monitor risks of second pandemic wave

Stocks in Europe were little changed overall on Tuesday although they did give back early gains despite reports that US lawmakers were preparing a further $1. 0trn round of fiscal stimulus.

28 Jul
food sausage roll greggs
London close: Stocks finish higher after turbulent afternoon

London’s benchmark managed to break back into the green by the close after a choppy session on Tuesday, as investors weighed worries about a rise in new coronavirus infections against hopes of a US stimulus package, and a strong showing in the housebuilding sector.

28 Jul
centrica 3
Jefferies ups Centrica to 'buy' following H1 update

Analysts at Jefferies upgraded energy services and solutions company Centrica's shares to 'buy' on Tuesday, stating the group now appeared to be "taking back control".

28 Jul
fever-tree, beverage, drinks, tonic water, fizzy, pop,
Broker tips: Fevertree, BT, Centrica

Analysts at Berenberg raised their target price on drinks maker Fevertree's shares from 2,250. 0p to 2,350. 0p on Tuesday after the group managed to consistently achieve "impressive" off-trade sales growth since the pre-lockdown stockpiling period.

28 Jul
certaines-petites-banques-americaines-pourraient-avoir-besoin-de-capitaux-selon-le-fmi
US consumers temper their optimism in July, Conference Board says

Consumer sentiment in the States ebbed a bit more than expected in July as Americans tempered their short-term expectations.

28 Jul
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Headlam Group director makes share purchase

Headlam Group revealed on Tuesday that non-executive director Keith Edelman had acquired 7,059 ordinary shares in the London-listed floor coverings business.

28 Jul
edgar test 10
Uniphar ends first half in line with expectations

Healthcare services company Uniphar updated the market on its first half on Tuesday, saying it had performed in line with expectations for the six months through June at both a gross profit and EBITDA level.

28 Jul
Global GDP to fall 5% this year, UK unemployment to hit 10% - NIESR

Global GDP will fall 5% this year, while the UK economy will shrink 10% and unemployment will reach 10%, according to the National Institute of Economic and Social Research.

28 Jul
food sausage roll greggs
FTSE 250 movers: Greggs falls on H1 loss; Greencore gains on results

London’s FTSE 250 was up 0. 6% at 17,251. 92 in afternoon trade on Tuesday.

28 Jul
builder housebuilding bricklayers persimmon
FTSE 100 movers: Housebuilders rally; Fresnillo loses its shine

London’s FTSE 100 was up 0. 3% at 6,120. 42 in afternoon trade on Tuesday.

28 Jul
wall street
US open: Stocks fall at the bell as corporate earnings continue to roll in

Wall Street stocks opened lower on Tuesday amid stimulus headlines and another slab of corporate earnings.

28 Jul
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US S&P Case Shiller home price index edges up in May

Home price inflation in the States slowed in May, the results of a closely-followed gauge revealed.

28 Jul
edgar test 10
Union Jack shares rise as OGA approves Biscathorpe acquisition

UK-focussed onshore exploration and development company Union Jack Oil announced on Tuesday that the Oil and Gas Authority has approved its acquisition of a further 3% interest in PEDL253, containing the Biscathorpe Prospect, from Montrose Industries.

28 Jul
selfridges
Selfridges to cut 450 jobs as sales tumble

Selfridges has told staff it plans to cut 450 jobs or around 14% of its total headcount as annual sales are set to be "significantly less" than in 2019 because of the pandemic.

28 Jul
pfizer mexico
Pfizer beats estimates with Q2 earnings

Shares in pharma giant Pfizer were in the green ahead of the bell on Tuesday after posting better-than-expected second-quarter earnings and raising its full-year guidance.

28 Jul
office meeting people business corporate
Norman Broadbent remains EBITDA positive despite H1 revenue drop

Professional services firm Norman Broadbent expects to record positive earnings before interest, tax, depreciation and amortisation for the six months ended 30 June despite falling revenues.

28 Jul
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Princess Private Equity enters new management agreement with Partners

Princess Private Equity has entered into a new investment management agreement with Partners Group, it announced on Tuesday, with effect from 1 July.

28 Jul
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FCA to ban motor discretionary commission models

The FCA said on Tuesday it would be introducing a ban on discretionary commission models as some car retailers and motor finance brokers potentially sell more expensive credit to customers in order to receive commissions.

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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.

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.