News Archive

Diageo holds expectations amid 'challenging' environment

26th Sep 2024 07:05

(Sharecast News) - Shares in Diageo jumped on Thursday after the drinks-making giant maintained guidance amid a "challenging" global environment for the industry.

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US close: Indices retreat from record highs in quiet session

25th Sep 2024 22:22

(Sharecast News) - US stocks finished mostly lower on Wednesday as investors chose to take profits after the record highs seen on the Dow and S&P 500 the previous session, as optimism surrounding stimulus measures in China quickly faded.

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Morrisons agrees £370m property deal - report

25th Sep 2024 16:29

(Sharecast News) - Supermarket chain Morrisons has reportedly struck a £370m deal to unlock value from its vast property portfolio as its owners seek to further shrink the company's debt pile.

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Europe close: Stocks inch lower as China optimism fades

25th Sep 2024 16:04

(Sharecast News) - Stocks across Europe finished Wednesday's session marginally lower with markets rangebound as optimism surrounding China's latest stimulus package quickly faded.

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Director dealings: Anglo American non-executive director snaps up shares

25th Sep 2024 15:34

(Sharecast News) - Anglo American revealed on Wednesday that non-executive director Marcelo Bastos had acquired 1,200 ordinary shares in the FTSE 100-listed miner.

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Berenberg lowers target price on Big Technologies

25th Sep 2024 15:26

(Sharecast News) - Analysts at Berenberg lowered their target price on technology platform operator Big Technologies from 155.0p to 140.0p on Wednesday but said it was more optimistic going into FY25 following a "tough" H1.

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Broker tips: Big Technologies, EasyJet, Kitwave

25th Sep 2024 15:16

(Sharecast News) - Analysts at Berenberg lowered their target price on technology platform operator Big Technologies from 155.0p to 140.0p on Wednesday but said it was more optimistic going into FY25 following a "tough" H1.

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London close: Markets give up gains to finish lower

25th Sep 2024 15:16

(Sharecast News) - London stocks ended Wednesday's session in negative territory as the impact of recent Chinese stimulus measures waned.

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FTSE 100 movers: Flutter surges on buyback; Prudential dips

25th Sep 2024 15:02

(Sharecast News) - London's FTSE 100 was down 0.2% at 8,263.04 in afternoon trade on Wednesday.

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FTSE 250 movers: Raspberry Pi stays in favour

25th Sep 2024 15:01

(Sharecast News) - FTSE 250 (MCX) 20,763.06 -0.03%

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Google accuses Microsoft of anti-competitive tactics in EU cloud market

25th Sep 2024 15:00

(Sharecast News) - Google has accused Microsoft of using anti-competitive legacy licensing practices to lock European customers into its cloud platform.

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Gemfields flags lower first-half profits

25th Sep 2024 14:57

(Sharecast News) - Gemfields said in an update on Wednesday that it expected a first-half net profit after tax of $13.7m, down from $18.1m in the same period last year.

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Gemfields flags lower first-half profits

25th Sep 2024 14:57

(Sharecast News) - Gemfields said in an update on Wednesday that it expected a first-half net profit after tax of $13.7m, down from $18.1m in the same period last year.

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Shield Therapeutics announces promising paediatric trial results

25th Sep 2024 14:56

(Sharecast News) - Shield Therapeutics announced promising results from its phase three paediatric clinical trial for 'Accrufer' and 'Ferracru', or ferric maltol, in treating iron deficiency anaemia (IDA) in children on Wednesday.

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Flutter Entertainment announces $5bn buyback, shares surge

25th Sep 2024 14:47

(Sharecast News) - Flutter Entertainment surged on Wednesday as it announced a $5bn share buyback and said profits were expected to more than double by 2027.

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