News Archive

Lowe's punts on hurricane repair demand after upbeat Q3 results

19th Nov 2024 12:17

(Sharecast News) - US home improvement retailer Lowe's lifted full-year guidance on Tuesday, betting on more spending from people hit by recent hurricanes.

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Walmart hikes FY guidance, Q3 earnings beat expectations

19th Nov 2024 12:12

(Sharecast News) - Retailer Walmart hiked its full-year guidance on Tuesday after Q3 earnings and revenue came in ahead of expectations.

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BT Group gains as Bharti completes acquisition of 24.5% stake

19th Nov 2024 11:47

(Sharecast News) - BT Group gained on Tuesday after India's Bharti Global completed the acquisition of a 24.5% stake in the telecoms company from France's Altice.

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Europe midday: Shares slip as Russia nuclear talk worries investors

19th Nov 2024 11:35

(Sharecast News) - European shares slipped into the red at lunchtime after data confirmed eurozone inflation had risen to 2% and investors sought safer havens as Russia said the use of long-range missiles against its territory could prompt a nuclear response.

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CML Microsystems hits four-year low on uncertain outlook

19th Nov 2024 11:16

(Sharecast News) - The market value of CML Microsystems dropped by a tenth on Tuesday after the semiconductors group reported a halving of profits in its first half amid "subdued" market conditions, and said meeting full-year targets might be "challenging".

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London midday: Stocks turn lower; Nvidia, UK inflation eyed

19th Nov 2024 10:57

(Sharecast News) - London stocks had fallen into the red by midday on Tuesday as investors eyed the latest UK inflation reading and results from US tech giant Nvidia, and as caution set in after Russia changed its nuclear doctrine.

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US pre-open: Futures trade lower as investors look to Q3 retail earnings

19th Nov 2024 10:39

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants digested Q3 earnings from some of the nation's largest retailers.

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US pre-open: Futures trade lower as investors look to Q3 retail earnings

19th Nov 2024 10:39

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday as market participants digested Q3 earnings from some of the nation's largest retailers.

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RBC Capital starts Sainsbury's at 'outperform', Tesco at 'sector perform'

19th Nov 2024 10:29

(Sharecast News) - RBC Capital Markets initiated coverage on Sainsbury's and Tesco on Tuesday, saying it sees "attractive" growth prospects for the two major UK listed grocery retailers.

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Nexxen International launches $50m share buyback on AIM

19th Nov 2024 10:22

(Sharecast News) - Advanced television advertising technology specialist Nexxen International announced a new share buyback programme worth up to $50m on Tuesday.

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Asia report: Markets rise after Wall Street tech rally

19th Nov 2024 10:20

(Sharecast News) - Asia-Pacific markets posted gains on Tuesday as investors evaluated comments from Chinese policymakers at an investment summit in Hong Kong.

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Berenberg lowers target price on Judges Scientific

19th Nov 2024 10:14

(Sharecast News) - Analysts at Berenberg lowered their target price on scientific instruments business Judges Scientific from 12,400.0p to 11,310.0p on Tuesday, stating the group was approaching a "trough cycle".

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Eurozone inflation jumps back to 2%

19th Nov 2024 09:56

(Sharecast News) - Inflation in the eurozone rebounded sharply as expected in October, rising from a three-year low and back in line with the European Central Bank's target.

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Revolution Beauty swings to loss as revenue slides

19th Nov 2024 09:56

(Sharecast News) - Revolution Beauty said on Tuesday that it swung to a loss in the first half as revenue slumped but also hailed good progress with its cost savings programme.

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Victoria offloads Turkish subsidiary Graniser in £31m deal

19th Nov 2024 09:54

(Sharecast News) - Flooring specialist Victoria announced the sale of its Turkish ceramic tile subsidiary Graniser on Tuesday, for total consideration of €36.8m (£30.9m).

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