News Archive

Europe close: Luxury, commodity stocks drop as China concerns hit markets

8th Oct 2024 16:19

(Sharecast News) - European stocks pared losses slightly by the close after a positive start on Wall Street but remained firmly in the red, with heavy falls in the drinks, luxury and commodities sectors dragging indices into the red.

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London close: Stocks finish lower on China stimulus disappointment

8th Oct 2024 16:06

(Sharecast News) - London markets ended Tuesday on a weaker note, weighed down by investor disappointment over the absence of new stimulus measures from China.

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Intercede reports strong half-year revenue growth

8th Oct 2024 16:01

(Sharecast News) - Cybersecurity software company Intercede reported strong revenue growth for the six months ended 30 September in an update on Tuesday.

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Gooch & Housego reports strong second half of trading

8th Oct 2024 15:45

(Sharecast News) - Gooch & Housego, a specialist manufacturer of photonic components and systems, reported a strong second half of trading in an update on Tuesday, in line with market expectations.

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Fusion Antibodies reports positive recent trading

8th Oct 2024 15:40

(Sharecast News) - Fusion Antibodies reported positive trading in an update on Tuesday, highlighting significant progress for the first half of its financial year.

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GenIP reports encouraging initial demand for GenAI services

8th Oct 2024 15:36

(Sharecast News) - GenIP, a technology company specialising in generative artificial intelligence (GenAI) services, announced encouraging initial results on Tuesday, following the launch of its enhanced GenAI services on 1 September.

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Director dealings: Ramsdens chairman lowers stake

8th Oct 2024 15:29

(Sharecast News) - Ramsdens revealed on Tuesday that chairman Andrew Meehan and his wife, Susan, had disposed of 125,000 ordinary shares in the London-listed jeweller and pawnbroker.

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ECR Minerals reports encouraging test results from Blue Mountain Project

8th Oct 2024 14:56

(Sharecast News) - ECR Minerals announced highly encouraging results from test work at the Blue Mountain Project in Queensland on Tuesday, revealing a 91.7% gold recovery rate from ore samples using a single-stage gravity recoverable gold (GRG) process.

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US open: Stocks mixed as bond yields remain elevated

8th Oct 2024 14:49

(Sharecast News) - Major indices were mixed early on Tuesday as oil prices eased slightly but bond yields remained elevated.

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FTSE 100 movers: Imperial Brands rallies; Vistry tanks on profit warning

8th Oct 2024 14:30

(Sharecast News) - London's FTSE 100 was down 1.4% at 8,190.48 in afternoon trade on Tuesday.

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JPMorgan expects 'muted trends' from Q3 luxury earnings season

8th Oct 2024 14:14

(Sharecast News) - Burberry's stock was out of favour on Tuesday as demand concerns were weighing on the wider European luxury sector, with earlier optimism surrounding stimulus measures from China quickly fading.

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IQE appointa Mark Cubitt as its new chair

8th Oct 2024 14:00

(Sharecast News) - Compound semiconductor wafer products and advanced material solutions IQE announced the appointment of Mark Cubitt to its board on Tuesday, as an independent non-executive director and chair-elect.

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PetroTal reports strong third quarter performance

8th Oct 2024 13:19

(Sharecast News) - PetroTal reported a strong third quarter operational and financial performance on Tuesday, with average production of 15,160 barrels of oil per day, a 39% increase compared to a year earlier.

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PepsiCo cuts revenue outlook again

8th Oct 2024 13:12

(Sharecast News) - PepsiCo cut its annual organic revenue guidance again on Tuesday as it highlighted a "subdued" performance in North America in the third quarter.

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Wednesday preview: FOMC minutes, Fed speak in focus

8th Oct 2024 12:30

(Sharecast News) - The market spotlight in the middle of the week will continue to be trained on the US central bank.

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