News Archive

US pre-open: Stock futures lower amid escalating tensions in the Middle East

2nd Oct 2024 10:48

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Wednesday after major indices kicked off Q4 trading with losses.

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M&S to recruit 11,000 seasonal roles over Christmas

2nd Oct 2024 10:39

(Sharecast News) - High street stalwart Marks & Spencer has announced plans to hire more than 11,000 new workers in the UK over the key festive period, kicking off recruitment from next week.

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Berenberg upgrades Rio Tinto to 'buy'

2nd Oct 2024 10:38

(Sharecast News) - Berenberg has lifted its recommendation on Rio Tinto rom 'hold' to 'buy' and hiked its target price from 5,600p to 6,200p, saying the stock will be a winner among diversified mining peers over the medium term.

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Solid State acquires Gateway Electronic Components

2nd Oct 2024 10:34

(Sharecast News) - Value-added component supplier Solid State has acquired ferrite and magnetic components and solutions specialist Gateway Electronic Components for an initial consideration of £1.4m.

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Regulator fines Starling Bank £29m

2nd Oct 2024 10:16

(Sharecast News) - Challenger lender Starling Bank has been fined £29m by the regulator for "shockingly lax" financial crime controls, it was announced on Wednesday.

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Celadon Pharmaceuticals inks five-year sales contract

2nd Oct 2024 09:37

(Sharecast News) - Cannabis-based medicines group Celadon Pharmaceuticals has inked a five-year sales contract with a newly established healthcare company for the supply of its medicinal cannabis product from its UK facility.

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Westminster Group secures contracts with 'major international services organisation'

2nd Oct 2024 09:31

(Sharecast News) - Security firm Westminster Group said on Wednesday that it has been selected to provide a range of security services to "a major international services organisation, under individual contract awards.

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Eurozone unemployment holds steady at record low

2nd Oct 2024 09:28

(Sharecast News) - Unemployment across the eurozone held steady in August at the record-low rate of 6.4%, according to figures from Eurostat on Wednesday.

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Wynnstay FY24 results seen 'materially lower' than expectations

2nd Oct 2024 09:21

(Sharecast News) - Agricultural supplies group Wynnstay warned on Wednesday that its FY24 results would be "materially lower" than both current market expectations and FY23 as a result of "more challenging conditions" during "seasonally important" months in H2.

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Oil prices climb on heightened Middle East fears

2nd Oct 2024 09:14

(Sharecast News) - Oil prices continued to climb on Wednesday, as fears mounted that conflict was set to spread across the Middle East following Iran's missile attack on Israel.

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Asia report: Hong Kong surges, other markets sink on mixed day

2nd Oct 2024 09:00

(Sharecast News) - Markets in the Asia-Pacific region presented a mixed performance on Wednesday, with Hong Kong's Hang Seng Index surging while other key indices faced declines.

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Europe open: Shares, oil, gold up as Middle East tensions rise

2nd Oct 2024 08:23

(Sharecast News) - European shares were higher at the open on Wednesday despite the threat of a wider Middle East war as Israel looked to be expanding conflict in the region.

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Smiths News FY24 adjusted operating profits seen in line with market expectations

2nd Oct 2024 08:03

(Sharecast News) - Newspaper and magazine distributor Smiths News said on Wednesday that full-year adjusted operating profits were expected to be at least £38.2m, in line with current market expectations.

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Topps Tiles pins hopes on market recovery in 2025 as LFL sales fall

2nd Oct 2024 07:51

(Sharecast News) - Tile retailer Topps Tiles reported a slight sequential improvement in its fourth quarter as the decline in like-for-like sales eased, with the company pointing to a "stronger market" next year.

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London open: FTSE gains as oil prices rise on Middle East tensions

2nd Oct 2024 07:50

(Sharecast News) - London stocks gained in early trade on Wednesday, with oil prices on the rise as tensions in the Middle East escalated further.

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