News Archive
Europe close: Stocks notch solid gains as ECB cuts rates
12th Sep 2024 15:46
(Sharecast News) - European stocks rose for the second straight day on Thursday after the European Central Bank kept to the script to cut interest rates for the second time this year.
Read moreBroker tips: James Fisher and Sons, Trainline
12th Sep 2024 15:27
(Sharecast News) - Canaccord Genuity has cut its rating for James Fisher and Sons from 'buy' to 'hold', saying that the marine engineering services group still has a long way to go in its turnaround.
Read moreDirector dealings: Genus director makes share purchase
12th Sep 2024 15:26
(Sharecast News) - Genus revealed on Thursday that senior independent director Lesley Knox had acquired 2,800 ordinary shares in the FTSE 250-listed genetics firm.
Read moreFTSE 250 movers: NCC surges on update; Kier falls
12th Sep 2024 14:56
(Sharecast News) - London's FTSE 250 was up 0.9% at 20,716.47 in afternoon trade on Thursday.
Read moreUS open: Stocks mixed following PPI reading
12th Sep 2024 14:39
(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as traders digested more inflation data following yesterday's consumer price index report.
Read moreQuantum Blockchain hires former Intel Blockscale specialist
12th Sep 2024 14:13
(Sharecast News) - Quantum Blockchain Technologies announced the appointment of Jose Rios, a former executive at Intel, as its strategic adviser on Thursday.
Read moreFriday preview: US consumer confidence, UK inflation expectations in focus
12th Sep 2024 14:05
(Sharecast News) - Investors' focus at the end of the week will continue to be on the inflation picture Stateside.
Read moreUS producer prices rise a tad more quickly than expected, core ahead of forecasts
12th Sep 2024 13:43
(Sharecast News) - Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.
Read moreKroger shares pop on Q2 earnings beat, updated guidance
12th Sep 2024 13:19
(Sharecast News) - Kroger shares were popping on Thursday, as investors digested the grocer's updated guidance following a mixed second-quarter performance.
Read moreMastercard to buy cyber defence firm Recorded Future for $2.65bn
12th Sep 2024 13:18
(Sharecast News) - Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2.65bn.
Read moreUS jobless claims rise to 230,000
12th Sep 2024 13:06
(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations.
Read moreMicrosoft cuts 650 jobs in video game division
12th Sep 2024 13:04
(Sharecast News) - Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday.
Read moreGeneral Mills offloads yoghurt operations in $2.1bn deal
12th Sep 2024 12:45
(Sharecast News) - US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2.1bn deal.
Read moreECB cuts rates by 25 basis points as expected
12th Sep 2024 12:44
(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation.
Read moreModerna to slash R&D budget, shares fall
12th Sep 2024 12:41
(Sharecast News) - Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.
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