News Archive
Broker tips: Melrose Industries, Zephyr Energy, Entain
6th Sep 2024 15:08
(Sharecast News) - Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500.0p price target, noting that a strong aftermarket narrative supported its belief that profit and loss would come in 6-10% above consensus by 2027.
Read moreFTSE 250 movers: Endeavour on the rise; Indivior tumbles
6th Sep 2024 14:23
(Sharecast News) - London's FTSE 250 was down 1% at 20,563.22 in afternoon trade on Friday, with no obvious rhyme or reason for any of the moves.
Read moreFTSE 100 movers: Experian in the black; Vistry gives back some gains
6th Sep 2024 14:22
(Sharecast News) - London's FTSE 100 was down 0.2% at 8,229.33 in afternoon trade on Friday.
Read moreUS open: Stocks mixed as traders digest NFP data
6th Sep 2024 14:01
(Sharecast News) - Wall Street stocks were mixed early on Friday as traders digested last month's all-important nonfarm payrolls report.
Read moreUS non-farm payrolls grow by 142,000 in August, miss forecasts
6th Sep 2024 12:49
(Sharecast News) - Job growth in the US picked up only a little in August.
Read moreWeek ahead: US presidential debate, CPI in the spotlight
6th Sep 2024 12:49
(Sharecast News) - The key risk event for financial markets over the coming week will be Tuesday's televised presidential election debate in the US between Donald Trump and Kamala Harris.
Read moreWatchdog to probe GXO's takeover of Wincanton
6th Sep 2024 12:45
(Sharecast News) - The UK competition watchdog has launched a merger inquiry into GXO Logistics' £762m acquisition of Wincanton, it was confirmed on Friday.
Read moreMorgan Stanley initiates Melrose Industries at 'equalweight'
6th Sep 2024 12:21
(Sharecast News) - Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500 price target.
Read moreCaring reportedly nearing £1bn deal to sell The Ivy Collection
6th Sep 2024 11:34
(Sharecast News) - Richard Caring, the billionaire businessman known for his ownership of high-end London restaurants, was reportedly nearing a deal to sell a controlling stake in The Ivy Collection on Friday.
Read moreEurozone GDP growth revised down
6th Sep 2024 11:18
(Sharecast News) - The Eurozone economy expanded only marginally in the second quarter, official data showed on Friday, as growth struggled to take hold.
Read moreFiltronic unveils planned move to new, purpose-built facility
6th Sep 2024 11:15
(Sharecast News) - Filtronic, a designer and manufacturer serving the aerospace, defence, space, and telecoms sectors, announced plans to relocate its Sedgefield operations on Friday, to a new, purpose-built facility in early 2025.
Read moreGalileo reports recent progress at Luansobe copper project
6th Sep 2024 11:12
(Sharecast News) - Galileo Resources updated the market on the development of its Luansobe copper project in Zambia on Friday, where it holds a 75% interest.
Read moreZephyr Energy upbeat on Paradox Basin production testing results
6th Sep 2024 11:07
(Sharecast News) - Zephyr Energy, a Rocky Mountains-based oil and gas company, announced successful results from the second phase of production testing on its State 36-2R LNW-CC well at the Paradox Basin project in Utah on Friday.
Read moreEurope midday: Stocks stay down after uninspiring data, ahead of payrolls
6th Sep 2024 11:06
(Sharecast News) - European stocks were still in the red by midday on Friday as nervousness crept in ahead of the key US non-farm payrolls report and after the release of uninspiring eurozone and German data.
Read more'Sell the rip' if US August payrolls print below 100,000, BoA's Hartnett says
6th Sep 2024 11:06
(Sharecast News) - A hard landing in the US is still most likely on the cards, a top-rated Bank of America strategist said.
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