News Archive
US ISM services sector PMI holds up in August
5th Sep 2024 16:46
(Sharecast News) - A survey of the US services sector showed that activity held up in August, but companies' responses appeared to be decidedly mixed.
Read moreRBC Capital Markets hikes target price on Ecora Resources
5th Sep 2024 15:42
(Sharecast News) - RBC Capital Markets raised its target price on royalty and streaming company Ecora Resources from 100.0p to 120.0p on Thursday following the group's results call a day earlier.
Read moreDirector dealings: Harbour Energy director raises shareholding
5th Sep 2024 15:26
(Sharecast News) - Harbour Energy revealed on Thursday that senior independent director Simon Henry had acquired 20,000 ordinary shares in the London-listed upstream oil and gas company.
Read moreBroker tips: Coats Group, Ecora Resources
5th Sep 2024 15:25
(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120.0p to 135.0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.
Read moreUS open: Mixed start to trading as traders digest jobs numbers
5th Sep 2024 14:58
(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as market participants thumbed over a number of data points in an effort to gain more insight into the current state of the US economy.
Read moreFTSE 250 movers: WAG surges; Ithaca slides after going ex-div
5th Sep 2024 14:54
(Sharecast News) - FTSE 250 (MCX) 20,824.56 0.08%
Read moreCMA launches probe into Ticketmaster over Oasis ticket sales
5th Sep 2024 14:32
(Sharecast News) - The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, including just how the company's controversial "dynamic pricing" may have been used.
Read moreFTSE 100 movers: Vistry gains on results; AB Foods slumps
5th Sep 2024 14:30
(Sharecast News) - London's FTSE 100 was up 0.1% at 8,273.84 in afternoon trade on Thursday.
Read moreXeros shares tumble as it slashes revenue, earnings expectations
5th Sep 2024 14:19
(Sharecast News) - Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on Thursday.
Read moreFusion Antibodies strengthens financial position despite revenue decline
5th Sep 2024 13:53
(Sharecast News) - Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had strengthened its financial position and expanded its pipeline of opportunities.
Read moreUS jobless claims drop by 5,000
5th Sep 2024 13:29
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 31 August, according to the Department of Labor.
Read moreVerizon to buy Frontier Communications in $20bn cash deal
5th Sep 2024 12:42
(Sharecast News) - Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash.
Read moreCourt orders former Wirecard executives to pay €140m
5th Sep 2024 12:29
(Sharecast News) - Three former executives of Wirecard, including chief executive Markus Braun, have been ordered to pay €140m in damages by a Munich court.
Read moreSafestay reports 23pc rise in first-half earnings
5th Sep 2024 12:06
(Sharecast News) - Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion.
Read moreOriole Resources swings to first-half profit
5th Sep 2024 11:55
(Sharecast News) - West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1.15m on Thursday - a significant improvement compared to a loss of £0.86m in the same period in 2023.
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