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29 Sep
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Cost pressures feed into UK retail prices

Retail prices are rising as cost pressures feed into consumers' shopping baskets with more to come, industry figures showed.

28 Sep
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US close: Stocks slide as bond yields continue to rise

Wall Street stocks closed lower across the board on Tuesday as rising bond yields, negative data points, and testimony from Federal Reserve chairman Jerome Powell all weighed on the market.

28 Sep
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US open: Stocks record heavy losses at the bell

Wall Street stocks were in the red at the open on Tuesday as rising bond yields, negative data points, and testimony from Federal Reserve chairman Jerome Powell all weighed on the market.

28 Sep
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Wednesday preview: UK consumer lending, Next in focus

Financial markets' focus in the middle of the week will shift to the UK, where consumer lending figures for August are due out.

28 Sep
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London close: Stocks weaker as possible winter energy crisis looms

London stocks closed in negative territory on Tuesday, amid worries about inflation and Chinese power shortages, with investors looking to a testimony from Federal Reserve chair Jerome Powell across the pond.

28 Sep
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Europe close: Tech shares sell-off as bond yields climb going into quarter's end

European shares slumped on Tuesday as worries over rising government bond yields and an economic slowdown in China hit investor sentiment.

28 Sep
Director dealings: Everyman Media CEO ups stake

Everyman Media revealed on Tuesday that chief executive Alex Scrimgeour had acquired 44,191 ordinary shares in the AIM-listed cinema operator.

28 Sep
Broker tips: Superdry, Electrocomponents, British Land

Analysts at Berenberg raised their target price on clothing retailer Superdry from 235. 0p to 280. 0p on Tuesday but stated a "leap of faith" was required as the group's risk/reward balance was weighted very evenly.

28 Sep
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10-year Gilts hit 1.0% for first time since March 2020

Yields on longer-term UK government debt hit their highest level since March 2020 on Tuesday, amid signals from some central banks that they were ready to begin weaning their economies off emergency stimulus programmes.

28 Sep
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DeepMatter inks deal with India pharma giant Dr. Reddy's

Digital chemistry technology company DeepMatter has signed a contract with generic pharmaceuticals giant Dr. Reddy's Laboratories, based in Hyderabad, India, for its ‘DigitalGlassware’ platform.

28 Sep
edgar test 10
Agronomics investee New Age Meats closes $25m series A funding

Alternative proteins technology investor Agronomics announced on Tuesday that its portfolio company Simply Foods, trading as New Age Meats, had closed a $25m series A funding round led by South Korean conglomerate Hanwha Solutions Corporation.

28 Sep
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FTSE 250 movers: Moonpig, FirstGroup under the cosh

London’s FTSE 250 was down 1. 5% at 23,246. 24 in afternoon trade on Tuesday.

28 Sep
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Strategic Minerals reports 'significant' tin result from Redmoor trenching

Strategic Minerals announced on Tuesday that its wholly-owned subsidiary Cornwall Resources (CRL) has successfully completed a trenching and auger exploration programme to investigate the possible presence of extensions of mineralisation to the west of the established Redmoor resource.

28 Sep
Copper
Rockfire making good progress with drilling at Copperhead

Gold and base metals exploration company Rockfire Resources updated the market on its exploration programme underway at its wholly-owned Copperhead porphyry project in Australia’s north Queensland on Tuesday, reporting that the drilling of the first two exploration holes was complete, with a third hole currently in progress.

28 Sep
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Ergomed revenue rises as it integrates acquisitions

Ergomed reported total revenue growth of 38. 8% over its first half on Tuesday, to £56m, or an improvement of 48. 1% in constant currency.

28 Sep
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FTSE 100 movers: Smiths Group rallies; Sage hit by downgrade

London’s FTSE 100 was down 0. 3% at 7,040. 80 in afternoon trade on Tuesday.

28 Sep
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Serica Energy swings back to gross profit in first half

Serica Energy reported a first-half gross profit of £46m on Tuesday, swinging from a loss of £19. 8m year-on-year, with cash flow from operations improving to £63. 8m from £19. 3m.

28 Sep
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Asos to create 180 jobs as it invests £14m in Belfast tech hub

Online fashion retailer Asos is planning to invest £14m in a new tech hub in Belfast in a move that will create more than 180 jobs over three years.

28 Sep
dollar
EKF Diagnostics agrees acquisition of Texas-based ADL Health

Point-of-care company EKF Diagnostics has agreed to acquire the entire issued capital of Advanced Diagnostic Laboratory (ADL Health), it announced on Tuesday.

28 Sep
US house prices rise 1.4% month-on-month in July

House prices rose across the US in July, up 1. 4% month-on-month, according to the Federal Housing Finance Agency's house price index. On an annual basis, house prices were up 19. 2%.

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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.