News Archive
Coeur Mining to snap up SilverCrest in $1.7bn deal
4th Oct 2024 12:56
(Sharecast News) - Coeur Mining has agreed to buy Canada's SilverCrest Metals in a $1.7bn deal, it was announced on Friday.
Read moreMicroSalt makes progress in expanding patent portfolio
4th Oct 2024 12:26
(Sharecast News) - MicroSalt, which develops and supplies low-sodium, full-flavour salt, announced significant progress in expanding its global patent portfolio on Friday.
Read moreCMA accepts undertakings, clears Barratt acquisition of Redrow
4th Oct 2024 12:19
(Sharecast News) - Barratt Developments announced on Friday that the UK Competition and Markets Authority (CMA) had cleared its acquisition of Redrow, following a consultation on undertakings offered by both companies.
Read moreAnglo-Eastern takes full ownership of two Indonesian subsidiaries
4th Oct 2024 12:12
(Sharecast News) - Anglo-Eastern Plantations announced on Friday that it has completed the acquisition of the remaining minority stakes in two of its Indonesian subsidiaries, further consolidating its ownership in the region.
Read moreLondon close: FTSE ends flat after blowout payrolls report
4th Oct 2024 11:59
(Sharecast News) - London stocks ended flat on Friday following a stronger-than-expected non-farm payrolls report and an upbeat reading on the UK construction sector, as investors continued to mull the implications of escalating tensions in the Middle East.
Read moreWeek ahead: US inflation, FOMC minutes eyed after blowout payrolls
4th Oct 2024 11:56
(Sharecast News) - All eyes will be on the release of the US Federal Reserve's latest minutes next week, along with the consumer price index for September.
Read moreBank of England's Pill urges caution on rate cuts
4th Oct 2024 11:36
(Sharecast News) - Bank of England economist Huw Pill urged caution on interest rate cuts on Friday, in contrast to more dovish comments from governor Andrew Bailey.
Read moreSpirit Airlines shares sink on bankruptcy speculation
4th Oct 2024 11:08
(Sharecast News) - Spirit Airlines were plummeting in pre-market trade on Friday after reports emerged that the American low-cost carrier is considering filling for bankruptcy.
Read moreEurope midday: Stoxx clings to gains as oil spike raises inflation fears
4th Oct 2024 11:08
(Sharecast News) - European shares clung on to gains on Friday, as comments from US President Joe Biden that his administration held discussions with Israel on potential attacks against Iranian oil facilities pushed up the price of crude and stoked inflationary fears among investors.
Read moreZigup CFO Philip Vincent resigns
4th Oct 2024 11:03
(Sharecast News) - Zigup said on Friday that chief financial officer Philip Vincent has resigned to take on the same role at another business.
Read moreLondon midday: Stocks fall despite upbeat construction reading, ahead of payrolls
4th Oct 2024 11:01
(Sharecast News) - London stocks had fallen into the red by midday on Friday despite an upbeat reading on the UK construction sector, as investors mulled mixed messages from Bank of England officials, with Israel's intensifying strikes against Lebanon and the upcoming US non-farm payrolls report prompting caution.
Read moreShore Capital keeps Wetherspoon at 'hold' due to lofty valuation
4th Oct 2024 10:43
(Sharecast News) - Strong profit growth and the reinstatement of a dividend at JD Wetherspoons weren't enough to sway Shore Capital from changing its 'hold' rating on the stock on Friday.
Read moreUS pre-open: Futures trade higher ahead of September jobs report
4th Oct 2024 10:35
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants patiently awaited the release of September's nonfarm payrolls report.
Read moreAsia report: Markets finish turbulent week in a mixed state
4th Oct 2024 10:18
(Sharecast News) - Asia-Pacific markets finished with a mixed performance on Friday, reflecting investor caution amid global uncertainties, particularly around rising tensions in the Middle East.
Read moreEU backs steep tariffs on Chinese EV imports
4th Oct 2024 10:07
(Sharecast News) - The European Union is to impose steep tariffs on imports of Chinese electric vehicles, it was confirmed on Friday, after a majority of member states voted in favour.
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