News Archive
Inditex posts jump in sales, shares spark
11th Sep 2024 13:30
(Sharecast News) - Zara-owner Inditex posted a jump in autumn sales on Wednesday, as it flagged "very robust" trading during the first half.
Read moreBerenberg slightly raises target price on Trustpilot
11th Sep 2024 12:33
(Sharecast News) - Analysts at Berenberg slightly raised their target price on reviews platform operator Trustpilot from 260.0p to 270.0p on Wednesday following the group's interim results earlier in the morning.
Read moreUS headline CPI undershoots forecasts, core CPI picks up
11th Sep 2024 12:23
(Sharecast News) - The rate of increase in the cost of living in the US slowed sharply last month, as food inflation slowed and energy prices fell.
Read moreThursday preview: ECB, IG Group in focus
11th Sep 2024 12:20
(Sharecast News) - Investors' focus on Thursday will shift to the other side of the Channel, where the European Central Bank is scheduled to announce its policy decision.
Read moreSweden's EQT said to be in race for Grant Thornton UK
11th Sep 2024 12:13
(Sharecast News) - Swedish buyout firm EQT has reportedly joined a queue of buyout firms exploring the purchase of a big stake in the UK operations of accountancy firm Grant Thornton.
Read moreEurope midday: Stocks rise ahead of US inflation data, ECB meeting
11th Sep 2024 11:57
(Sharecast News) - European equity markets advanced on Wednesday morning, with all major indices across the continent attempting to rebound after recent falls, as investors digested a raft of economic data.
Read moreGreatland Gold raises £249m to help fund Havieron acquisition
11th Sep 2024 11:48
(Sharecast News) - Greatland Gold announced on Wednesday that it has raised £248.6m through an oversubscribed placing of new shares, aimed at funding the acquisition of key gold-copper assets.
Read moreUK house prices shift into positive territory for first time since 2022 - RICS
11th Sep 2024 11:39
(Sharecast News) - House prices sparked for the first time in nearly two years in August, industry research showed on Thursday, boosted by declining mortgage rates and improving confidence in the market.
Read moreUS pre-open: Futures lower ahead of August CPI reading
11th Sep 2024 10:58
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday as market participants prepped for last month's consumer inflation report.
Read moreTata Steel secures £500m for Port Talbot, 2,500 jobs lost
11th Sep 2024 10:37
(Sharecast News) - The government has agreed to pay Tata Steel £500m to help redevelop the Port Talbot steelworks, it was announced on Wednesday, securing the site's future.
Read moreLondon midday: FTSE touch higher as UK economy stagnates
11th Sep 2024 10:36
(Sharecast News) - London stocks were still just a touch firmer by midday on Wednesday as data showed the UK economy continued to stagnate in July.
Read moreAsia report: Stocks slip as investors digest local data, US debate
11th Sep 2024 10:27
(Sharecast News) - Asia-Pacific markets took a downturn on Wednesday, with Japan's Nikkei 225 leading losses in the region, after the first debate between US presidential candidates Kamala Harris and Donald Trump overnight.
Read moreRicardo meets forecasts with full-year profits, but order intake slips
11th Sep 2024 10:24
(Sharecast News) - Ricardo has delivered annual results broadly in line with market forecasts, with solid growth in underlying profits, with the engineering, environmental and strategic consultancy services company expressing confidence heading into the new financial year.
Read moreAbu Dhabi National Oil expected to make formal offer for Covestro
11th Sep 2024 10:18
(Sharecast News) - Abu Dhabi National Oil Company was expected to make a formal offer to acquire German plastic and chemicals manufacturer Covestro for approximately €14.4bn including debt, according to the Financial Times.
Read moreThe Gym Group shares jump as fitness chain lifts guidance
11th Sep 2024 09:32
(Sharecast News) - The Gym Group's interim results were welcomed by investors on Wednesday, with the 24/7 budget fitness chain's share price rising strongly on the back of upgraded guidance following a big jump in profits in the first half.
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