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23 Feb
New York Stock Exchange, NYSE, markets, Wall Street
US close: Mixed session following Powell testimony

Wall Street stocks turned in a mixed performance on Tuesday as losses in tech shares dragged down the Nasdaq Composite.

23 Feb
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EU Commission asks six member states to ease Covid-19 border restrictions

The European Commission asked six member states on Tuesday to curb their Covid-19 restrictions regarding borders and international travel.

23 Feb
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Europe close: Stocks end on mixed note, German issues drag

European shares finished on a mixed note on Tuesday, as disappointing company earnings in Germany pulled the continent’s benchmark index lower.

23 Feb
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Wednesday preview: Lloyds Banking Group in the spotlight

The flow of economic data is scheduled to slow in the middle of the week with the spotlight expected to fall on a final reading for German gross domestic product in the last three months of 2020.

23 Feb
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London close: Travel and leisure plays underpin positive finish

London equity markets had broken back into positive territory by the close on Tuesday, as a rally in travel and leisure stocks offset consternation over inflation and the latest unemployment data.

23 Feb
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BofA adds IAG to Europe 1 list on prospects for recovery in travel

Analysts at Bank of America added stock in IAG to their Europe 1 and Small and Medium Capitalisation best ideas lists on the back of the "successful" vaccine rollouts in the US and UK.

23 Feb
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Broker tips: Future, Smurfit Kappa, DS Smith

Analysts at Berenberg hiked their target price on British media company Future from 2,280. 0p to 2,600. 0p on Tuesday after the firm stated it expects 2021 full-year adjusted underlying earnings to be materially ahead of expectations.

23 Feb
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2150 launches $240m fund to reduce largest cities' carbon footprint

A new venture capital fund “2150”, with a budget of $240m, is set to launch with the aim of reducing the carbon footprint of the world's largest cities by investing in green tech.

23 Feb
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Sigma Capital begins first PRS development in Scotland

Private rented sector (PRS) development specialist Sigma Capital announced the start of its first PRS development in Scotland with Springfield Properties as its strategic delivery partner on Tuesday.

23 Feb
London Stock Exchange, markets, traders, trading, City, shares
Director dealings: Game Workshop CFO raises stake

Games Workshop revealed on Tuesday that chief financial officer Rachel Tongue had acquired of 1,376 ordinary shares in the London-listed figurines retailer.

23 Feb
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Alkindi sales drive revenue higher for Diurnal

Speciality pharmaceuticals company Diurnal reported 6% growth in first-half total revenue in its interim results on Tuesday, to £1. 21m.

23 Feb
la-fed-fixe-les-besoins-de-fonds-propres-supplementaires-pour-les-grandes-banques-americaines
Federal Reserve's Powell says monetary policy will remain 'accommodative'

The head of the US central bank said policy would remain "accommodative" until labor market slack had been absorbed, potentially pointing to an extended period of low interest rates.

23 Feb
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Profits fall as revenues rise at Arcontech

Financial market data provider Arcontech reported a 4. 7% improvement in turnover in its interim results on Tuesday, to £1. 54m.

23 Feb
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FTSE 250 movers: Upper Crust owner SSP surges; AO World falls

London’s FTSE 250 was up 0. 3% at 21,047. 54 in afternoon trade on Tuesday.

23 Feb
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Revenue and profits rise at Springfield Properties

Scotland-focussed housebuilder Springfield Properties reported an 18. 3% improvement in revenue in its first half on Tuesday, to £94. 4m, as its operating profit rocketed 42% to £9. 8m.

23 Feb
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FTSE 100 movers: Travel stocks rally; Ocado retreats

London’s FTSE 100 was flat at 6,610. 86 in afternoon trade on Tuesday.

23 Feb
wall street
US open: Stocks accelerate losses as tech stocks weigh on indices

Wall Street stocks were in the red early on Tuesday as steep losses in tech shares dragged down both the S&P 500 and the Nasdaq Composite.

23 Feb
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Spotify to launch in 85 more countries

Audio streaming company Spotify announced it was planning to expand into 85 more countries.

23 Feb
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Over 6,500 migrant workers have died in Qatar as it readies for World Cup

More than 6,500 migrant workers from India, Pakistan, Nepal, Bangladesh and Sri Lanka have died in Qatar in the last 10 years since the country won the right to host the World Cup, reported the Guardian on Tuesday.

23 Feb
estee lauder
Estee Lauder to raise stake in Ordinary in $1bn deal

Cosmetics maker Estee Lauder said on Tuesday it would raise its stake in DECIEM Beauty Group, parent of Ordinary skincare brand, to about 76% from 29% in a deal worth $1bn.

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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.