News Archive

Bellway appoints former Cairn Homes exec as CFO

11th Oct 2024 07:12

(Sharecast News) - Housebuilder Bellway is appointing the former chief financial officer of competitor Cairn Homes as its new CFO, the company announced on Friday.

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BP warns weak refining margins to hit Q3 profit

11th Oct 2024 07:06

(Sharecast News) - BP followed sector rival Shell and warned profits would fall by as much as $600m on the back of declining refining margins and oil trading driven by the global slowdown for fuel products and weaker crude prices.

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Sainsbury's slumps as Qatar Investment Authority places 109m shares

11th Oct 2024 07:06

(Sharecast News) - Sainsbury's slumped on Friday following reports that its biggest shareholder, Qatar Investment Authority, has placed 109m shares in the supermarket chain.

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US close: Stocks lower following September's CPI reading

10th Oct 2024 21:40

(Sharecast News) - Wall Street stocks were in the red at the end of trading on Thursday as market participants digested September's hotter-than-expected consumer price index.

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THG announces £75m fundraising, demerger of Ingenuity business

10th Oct 2024 19:14

(Sharecast News) - E-commerce company THG said on Thursday that it will go ahead with plans to demerge its Ingenuity business into a standalone independent private entity as it announced a £75m equity raising to help facilitate the demerger.

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Broker tips: GSK, Central Asia Metals

10th Oct 2024 16:43

(Sharecast News) - GSK's $2.2bn payment to settle 93% of outstanding Zantac lawsuits in the US was close to the "best case scenario", according to Jefferies, which said the announcement should remove a significant weight on the share price.

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Europe close: Stocks inch lower after choppy session

10th Oct 2024 16:25

(Sharecast News) - Thursday saw choppy trading across European stock markets with the region's main benchmark finishing lower but moving within a narrow range, as investors focused on mixed economic data from the US and developments in the Middle East.

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Director dealings: Next director offloads shares

10th Oct 2024 15:36

(Sharecast News) - Next revealed on Thursday that executive director Jeremy Stakol and his wife Marcelle had disposed of 26,523 ordinary shares in the London-listed retailer.

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FTSE 250 movers: Indivior tanks on profit warning; Auction Technology surges

10th Oct 2024 15:20

(Sharecast News) - FTSE 250 (MCX) 20,723.35 -0.48%

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Domino's tops Q3 profit forecasts, but cuts sales guidance

10th Oct 2024 15:04

(Sharecast News) - Shares in takeaway pizza chain Domino's rose on Thursday as investors focused on forecast-beating quarterly earnings and shrugged off a reduction to sales growth forecasts for the full year.

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London close: Stocks red as US inflation, jobless claims top forecasts

10th Oct 2024 14:58

(Sharecast News) - London's stock markets ended Thursday in negative territory as investors weighed a higher-than-expected inflation and jobless claims readings out of the United States.

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US open: Stocks lower following hotter-than-expected CPI reading

10th Oct 2024 14:54

(Sharecast News) - Wall Street stocks were in the red early on Thursday as market participants digested September's hotter-than-expected consumer price index.

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Polar Capital assets under management rise in first half

10th Oct 2024 13:54

(Sharecast News) - Specialist active asset manager Polar Capital reported an increase in its assets under management for the six months ended 30 September on Thursday.

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US CPI rises by more-than-expected in September

10th Oct 2024 13:50

(Sharecast News) - The US consumer price index rose by more than expected in September, according to the Bureau of Labor Statistics.

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FTSE 100 movers: GSK surges on Zantac deal; Taylor Wimpey goes ex-div

10th Oct 2024 13:35

(Sharecast News) - FTSE 100 (UKX) 8,245.01 0.02%

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