News Archive

Friday newspaper round-up: Gambling ads, road building schemes, public sector pensions

27th Sep 2024 07:20

(Sharecast News) - Ministers have been urged to intervene to stop football clubs from setting their own rules on curbing gambling advertising, after research showed Premier League fans were bombarded with nearly 30,000 gambling messages on a single weekend. Clubs in the top flight have so far avoided compulsory restrictions on gambling sponsorship, instead addressing public concern through voluntary measures such as a ban on front-of-shirt logos, starting in 2026. - Guardian

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PureTech receives $29m royalty from Karuna schizophrenia treatment

27th Sep 2024 07:17

(Sharecast News) - Clinical-stage biotherapeutics company PureTech Health has announced that the schizophrenia treatment it developed, which was later sold to Bristol Myers Squibb, has been approved by US regulators, triggering milestone payment and unlocking potential future royalties.

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Cranswick sees FY at upper end of expectations after strong H1

27th Sep 2024 07:11

(Sharecast News) - Shares in Cranswick jumped on Friday as the food producer said it expected annual results to be at the upper end of expectations after first-half trading came in ahead of the previous year.

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US close: Dow claws back majority of Wednesday's losses

26th Sep 2024 21:52

(Sharecast News) - Wall Street stocks closed higher on Thursday as major indices reclaimed a significant chunk of the previous session's losses.

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Europe close: Luxury sector lifts Stoxx 600 to new record

26th Sep 2024 15:39

(Sharecast News) - Strong gains from the luxury sector on the back of Chinese stimulus measures gave European stock markets a big boost on Thursday, sending the Stoxx 600 to another record high.

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FTSE 100 movers: Prudential, StanChart rally; oil giants gush lower

26th Sep 2024 15:30

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,289.13 in afternoon trade on Thursday.

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IP Group to sell Featurespace to Visa for undisclosed sum

26th Sep 2024 15:29

(Sharecast News) - IP Group - an investor in early-stage science and technology companies - said on Thursday that Visa has agreed to buy one of its portfolio companies, Featurespace, for an undisclosed sum.

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London close: Stocks rise as US jobless claims reach four-month low

26th Sep 2024 15:13

(Sharecast News) - London markets ended Thursday on a positive note, as investors reacted to a four-month low for US jobless claims, and renewed support measures from China.

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NWF Group reports solid start to financial year

26th Sep 2024 15:12

(Sharecast News) - NWF Group reported a solid start to its financial year in an update on Thursday, with overall trading for the first quarter in line with the board's expectations.

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FTSE 250 movers: WoS surges on upgrade; Oil stocks slip

26th Sep 2024 14:59

(Sharecast News) - FTSE 250 (MCX) 21,020.42 1.28%

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Broker tips: Watches of Switzerland, Avation, Experian

26th Sep 2024 14:41

(Sharecast News) - Deutsche Bank upgraded Watches of Switzerland on Thursday to 'buy' from 'hold' and lifted its price target on the stock to 490.0p from 435.0p as it said now was the right time to revisit the WOSG investment case and its mid-term growth potential.

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Director dealings: New Hill & Smith CEO takes up stake

26th Sep 2024 14:41

(Sharecast News) - Hill & Smith revealed on Thursday that chief executive Rutger Helbing had acquired 10,000 ordinary shares in the FTSE 250-listed construction products manufacturer.

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US open: Stocks sharply higher following GDP reading, jobless claims

26th Sep 2024 14:39

(Sharecast News) - Wall Street stocks were in the green at the bell on Thursday as major indices looked set to reclaim a chunk of yesterday's losses.

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US GDP growth confirmed at 3% in Q2, but historic numbers revised up

26th Sep 2024 14:30

(Sharecast News) - US economic activity expanded by 3% year-on-year in the second quarter of 2024, with the US Bureau of Economic Analysis confirming an earlier estimate, though GDP growth calculations from previous years were hiked up.

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US initial jobless claims hit four-month low

26th Sep 2024 14:12

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 21 September, according to the Department of Labor.

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