News Archive

FTSE 250 movers: CMC gains on update; China-related stocks slide

9th Oct 2024 15:22

(Sharecast News) - FTSE 250 (MCX) 20,820.48 0.92%

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US open: Stocks mixed ahead of FOMC minutes

9th Oct 2024 15:00

(Sharecast News) - Wall Street trading got off to a mixed start on Wednesday as investors looked ahead to minutes from the Federal Reserve's last monetary policy meeting.

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German government now projecting a second year GDP contraction

9th Oct 2024 14:49

(Sharecast News) - Germany's economy is set to contract by 0.2% in 2024, marking the second consecutive year of shrinking output, according to a statement from the country's economy ministry on Wednesday.

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FTSE 100 movers: Mondi jumps on acquisition; Rio in the red

9th Oct 2024 14:14

(Sharecast News) - London's FTSE 100 was up 0.4% at 8,219.31 in afternoon trade on Wednesday.

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Bayer shares slump as US court approves review of Monsanto case

9th Oct 2024 13:33

(Sharecast News) - Shares in Bayer slumped on Wednesday, after the Washington state Supreme Court said it would review a case alleging that exposure to products of the German chemicals company's Monsanto unit harmed three teachers.

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New Cornish Metals CEO starts work after UK visa approval

9th Oct 2024 13:12

(Sharecast News) - Cornish Metals confirmed the appointment of Don Turvey as chief executive officer and executive director on Wednesday, following the approval of his UK work visa.

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Electric Guitar subsidiary 3radical deploys NFC technology

9th Oct 2024 12:31

(Sharecast News) - Electric Guitar announced the successful first deployment of its subsidiary 3radical's Voco platform with near field communication (NFC) technology on Wednesday.

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Thames Water creditor group in talks with Ofwat over rescue deal - report

9th Oct 2024 12:27

(Sharecast News) - Lenders holding £12bn of Thames Water's debt have reportedly held face-to-face talks with Ofwat this week to pitch a rescue deal that they believe would avert the nationalisation of Britain's biggest water utility.

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US mortgage applications fall 5.1pc

9th Oct 2024 12:21

(Sharecast News) - US mortgage applications fell by 5.1% in the week ended 4 October, according to the Mortgage Bankers Association, extending the prior week's 1.3% drop in taking a bite out of the almost 30% surge in demand throughout September.

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US pre-open: Futures little changed ahead of Fed minutes

9th Oct 2024 11:36

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as investors looking ahead to minutes from the Federal Reserve's last monetary policy meeting.

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Hercules Site Services expects to report 'another record year'

9th Oct 2024 11:34

(Sharecast News) - Civil engineering and construction firm Hercules Site Services said on Wednesday that it expects to report "another record year", with revenue, underlying earnings and pre-tax profits all "well ahead" of market expectations.

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Cirata Q3 bookings flat YOY

9th Oct 2024 11:18

(Sharecast News) - Software firm Cirata said on Wednesday that bookings were flat year-on-year in Q3, leading it to reiterate full-year bookings guidance.

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TSMC beats own estimates with Q3 sales

9th Oct 2024 11:17

(Sharecast News) - Third-quarter results from TSMC comfortably beat market forecasts on Wednesday as the contract chipmaking giant grew September revenues by nearly 40% year-on-year, helped by the relentless demand for its chips in AI use cases.

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Europe midday: Shares rally as German exports rise; Bayer slumps

9th Oct 2024 11:13

(Sharecast News) - European shares rallied late in the morning session as a surprise rise in German exports helped offset worries over the lack of follow-through on China's recent stimulus measures.

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London midday: FTSE in the black after Tuesday's selloff

9th Oct 2024 10:55

(Sharecast News) - London stocks were off highs but still in the black by midday on Wednesday, recovering from heavy losses in the previous session.

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