Market Report
11:09
japanese yen jpy
Asia report: Most markets rise as BoJ stands pat on policy

Most markets in Asia finished higher on Thursday, as investors reacted to the swearing-in of Joe Biden as president of the United States, as the Bank of Japan held monetary policy steady.

11:06
cairn energy
Canaccord Genuity slightly lowers target price on Cairn Energy

Analysts at Canaccord Genuity slightly lowered their target price on Cairn Energy from 220. 0p to 210. 0p on Thursday, citing challenges resulting from "a greater imperative for a transaction" in a higher oil price environment.

10:43
Clipper Logistics secures contract with luxury fashion platform Farfetch

Clipper Logistics has entered into an agreement with luxury fashion platform Farfetch to provide pan-European e-fulfilment and returns management services from a new facility in Venray, Netherlands.

10:32
Money, cash, banknotes, euros, euro ; dollars, pounds sterling. Image TaxRebate.org.uk
Sanderson Design's brand product sales stronger than expected in December

Interior design and furnishings group Sanderson Design said on Thursday that brand product sales in December had been stronger than initially expected.

10:03
ep xbox one x
Sumo Group flags forecast-beating revenue and earnings

Video game and entertainment creative and development service provider Sumo Group said on Thursday that its revenue and adjusted EBITDA for 2020 were expected to be ahead of consensus market expectations, with adjusted EBITDA for the year of at least £16m.

10:01
ashtead
Ashtead Specialty business a game changer, says Deutsche Bank

Deutsche Bank upgraded its stance on equipment rental firm Ashtead to ‘buy’ from ‘hold’ on Thursday and hiked the price target to 4,100p from 3,000p, based on "growth opportunity and lower cyclicality", as it said the Specialty business is a game changer.

09:50
ep ps4
Team17 beats expectations as it acquires more game IP

Video game label, creative partner and developer Team17 said on Thursday that its performance in 2020 was ahead of its expectations, with year-on-year revenue and adjusted EBITDA growth of around 34% and 36%, respectively.

09:44
deal contract handshake acquisition
Chamberlin receives revised orders from BorgWarner

Castings and engineering group Chamberlin said on Thursday that it has now received revised orders from a client that had previously indicated its intention to part ways with the company.

09:40
NHS
EMIS Group finishes year 'marginally ahead' of expectations

Healthcare software and systems company EMIS Group said on Thursday that, following an improvement in the second half, trading for 2020 was “marginally ahead” of its expectations, with both revenue and adjusted operating profit maintained at similar levels to the prior year.

09:35
Oil rig, oil & gas, drilling
Serica Energy performs well as Rhum licence gets renewed

Serica Energy has received a renewed licence and secondary sanctions assurance from the US Office of Foreign Assets Control (OFAC) relating to the North Sea Rhum field, it announced on Thursday, in which it has a 50% interest.

09:26
coins currency investment insurance business finance company
Dotdigital sees decent growth in first half

Marketing software provider Dotdigital said on Thursday that its organic revenue from continuing operations rose by 22% in its first half, to £28. 2m.

09:11
X-ray by Golan Levin (Flickr)
Image Scan secures contract with Royal Air Force

X-ray imaging specialist Image Scan said on Thursday that it has been awarded a contract to supply three portable scanning systems to the Royal Air Force.

08:58
Europe open: Shares up on US stimulus hopes as Biden takes charge

European stocks started Thursday with a spring in their step after the inauguration of new US President Joe Biden with investors now looking for an increased package of stimulus measures to boost the battered economy.

08:54
londres-city-brexit-london 20200113130214
London open: Stocks edge up amid Biden cheer

London stocks edged higher in early trade on Thursday, underpinned by stimulus hopes as investors welcomed the start of Joe Biden’s US presidency.

08:44
smurfit kappa corrugated packaging
Robinson FY revenues and profits improve in 2020

Plastic and paperboard packaging manufacturer Robinson said on Thursday that full-year revenues and earnings were projected to have grown year-on-year in 2020.

08:36
eve sleep homepage social
Eve Sleep revenue rises, losses narrow in 2020

Direct-to-consumer bed company Eve Sleep said its revenue improved 6% in 2020 to £25. 2m, driven by 18% growth in the second half.

08:28
Countryside Properties Q1 trading in line with expectations

Property developer Countryside Properties said on Thursday that its first-quarter performance was in line with expectations, with total completions and average sale prices both growing during the period.

08:28
bricks building materials merchants ibstock
Ibstock finishes year ahead of expectations

Ibstock said on Thursday that it saw a continuation of improving market trends during the fourth quarter of 2020, with “encouraging” activity levels seen across its key end-market segments.

08:25
aj bell salford
AJ Bell first-quarter assets under management, net inflows rise

Investment platform AJ Bell reported a rise in first-quarter assets under administration and net inflows on Thursday as its customer numbers grew.

08:13
tate&Lyle, tate Lyle, food
Tate & Lyle appoints Vivid Sehgal as new CFO

Tate & Lyle has appointed Vivid Sehgal as its chief financial officer with effect from 1 May.

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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.