News Archive

US close: Dow hits new record, but markets subdued ahead of Fed

16th Sep 2024 19:49

(Sharecast News) - Stocks put in a mixed performance on Monday, with the Nasdaq falling into the red but the Dow reaching a new all-time high, though gains were modest as investors adopted a cautious approach ahead of a pivotal Federal Reserve meeting on Wednesday.

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Tuesday preview: US retail sales, Kingfisher in focus

16th Sep 2024 16:20

(Sharecast News) - Investors' focus on Tuesday will be on the latest industrial production and retail sales numbers out of the US.

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Europe close: Stocks slip as global markets await Fed decision

16th Sep 2024 16:06

(Sharecast News) - European stock markets opened the new week with small losses as investors scaled back their appetite for risk ahead of an anticipated rate cut from the Federal Reserve.

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London close: Stocks manage gains ahead of key rate decisions

16th Sep 2024 15:30

(Sharecast News) - London stocks closed slightly above the waterline on Monday, as investors exercised caution ahead of key interest rate announcements scheduled across the globe later in the week.

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Director dealings: FirstGroup CEO buys shares, Deliveroo chief sells

16th Sep 2024 15:23

(Sharecast News) - FirstGroup announced on Monday that its chief executive officer and executive director, Graham Sutherland, had purchased 20,000 shares of the company at 153.4p per share.

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BP to sell off US onshore wind arm

16th Sep 2024 15:00

(Sharecast News) - BP is planning to offload its onshore wind division in the US, disposing of interests in 10 assets, according to a statement from the energy titan on Monday.

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Broker tips: Marks & Spencer, JTC

16th Sep 2024 14:46

(Sharecast News) - RBC Capital Markets lifted its price target on Marks & Spencer on Monday to 400p from 350p as it raised estimates on the 'outperform' rated stock, pointing to sales momentum and the recent re-rating of the UK food retail sector.

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FTSE 100 movers: M&S boosted by broker note; Phoenix slumps

16th Sep 2024 14:33

(Sharecast News) - London's FTSE 100 was up 0.2% at 8,285.18 in afternoon trade on Monday.

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Bausch & Lomb shares jump on spin-off sale hopes

16th Sep 2024 14:25

(Sharecast News) - Shares in Bausch & Lomb surged on Monday amid speculation that the North American contact lens and eye care products supplier is exploring a potential sale.

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US open: Stocks mixed ahead of Fed meeting, Apple provides a drag

16th Sep 2024 14:16

(Sharecast News) - US stocks opened mixed on Monday on a quiet day for economic data, as investors adopted a cautious approach ahead of the Federal Reserve's policy decision on Wednesday.

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Manx Financial buys rest of Payment Assist earlier than planned

16th Sep 2024 12:57

(Sharecast News) - Manx Financial Group, a diversified financial services provider in the Isle of Man and the UK, announced the accelerated acquisition of the remaining 49.9% interest in Payment Assist on Monday.

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Berenberg lifts JTC price target after Citi Trust deal

16th Sep 2024 12:34

(Sharecast News) - Berenberg lifted its price target on JTC on Monday to 1,400p from 1,300p on the back of news it has acquired Citi Trust - the global fiduciary and trust administration services business - from Citigroup for $80m.

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Flutter closing in on £2bn acquisition of Playtech's consumer operations - report

16th Sep 2024 12:21

(Sharecast News) - Paddy Power owner Flutter Entertainment is reportedly closing in on a £2bn swoop for the consumer operations of Playtech.

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Harland & Wolff set to enter administration

16th Sep 2024 12:18

(Sharecast News) - Belfast shipbuilder Harland & Wolff on Monday said it would enter administration this week after failing to find new cash sources.

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