News Archive
London pre-open: Stocks to nudge up as investors mull Nationwide data
30th Aug 2024 07:39
(Sharecast News) - London stocks were set to nudge higher at the open on Friday following a positive session in Asia.
Read moreFriday newspaper round-up: Train strikes, Lloyds, Reaction Engines
30th Aug 2024 07:28
(Sharecast News) - A series of weekend strikes by train drivers on LNER from Saturday has been called off, their trade union Aslef has announced. Passengers travelling between London and Edinburgh had faced the prospect of months of disruption after LNER drivers earlier this month announced 22 days of industrial action from the start of September until early November. On Thursday, Aslef said drivers had reached a resolution with LNER regarding the breaking of agreements. - Guardian
Read moreGerman unemployment rises less than forecast in August
30th Aug 2024 07:23
(Sharecast News) - German unemployment rose less than expected in August, according to Federal Labour Office figures published on Friday.
Read moreUK house prices unexpectedly dip in August - Nationwide
30th Aug 2024 07:21
(Sharecast News) - UK house prices unexpectedly dipped on the month in August, but rose at their fastest annual pace since December 2022, according to figures released by Nationwide on Friday.
Read moreSTV taps ITV's Rufus Radcliffe as its new CEO
30th Aug 2024 07:20
(Sharecast News) - STV Group announced the appointment of Rufus Radcliffe as its new chief executive officer on Friday, effective 1 November.
Read moreUS close: Dow rises but markets mixed as investors digest earnings, GDP data
29th Aug 2024 22:02
(Sharecast News) - US stock markets finished in mixed fashion on Thursday, with sharp falls for Nvidia weighing on both the S&P 500 and Nasdaq, while the Dow Jones Industrial Average managed to eke out another record.
Read moreEurope close: Stocks boosted by falling inflation as Stoxx 600 nears record high
29th Aug 2024 15:58
(Sharecast News) - European stocks rose for the third straight day on Thursday, with the Stoxx 600 ending just inches away from its record high, as data showing falling inflation increased the odds of a rate cut by the European Central Bank in September.
Read moreUS pending home sales plunge to record low
29th Aug 2024 15:48
(Sharecast News) - Pending home sales in the US unexpectedly dropped in July to a record low, as elevated interest rates continued to limit affordability.
Read moreLondon close: Stocks mixed as investors digest fresh US data
29th Aug 2024 15:12
(Sharecast News) - London's stock markets closed in a mixed state on Thursday, as investors reacted to fresh economic data from the United States, including the latest GDP and jobless claims numbers.
Read moreUS open: Stocks higher as traders thumb over multiple data points
29th Aug 2024 14:26
(Sharecast News) - Wall Street stocks were firmly in the green at the open on Thursday as market participants thumbed over a number of key macro points early on.
Read moreDirector dealings: Pantheon International director raises stake
29th Aug 2024 14:25
(Sharecast News) - Pantheon International revealed on Thursday that non-executive director John Burgess had acquired 166,038 ordinary shares in the FTSE 250-listed investment trust.
Read moreBirkenstock shares tank as record quarterly growth underwhelms
29th Aug 2024 14:21
(Sharecast News) - US-listed shares of Birkenstock plunged on Thursday after the German sandal maker underwhelmed investors with a record third-quarter performance, as it narrowly missed consensus forecasts with its top line.
Read moreBroker tips: Close Brothers, Bunzl
29th Aug 2024 14:17
(Sharecast News) - Close Brothers surged on Thursday as RBC Capital Markets upgraded the shares to 'outperform' from 'sector perform' and hiked the price target to 620.0p from 375.0p, citing a number of potential catalysts.
Read moreFTSE 100 movers: Whitbread boosted by upgrade; Diageo goes ex-div
29th Aug 2024 14:12
(Sharecast News) - London's FTSE 100 was up 0.4% at 8,378.49 in afternoon trade on Thursday.
Read moreECB rate-cut expectations rise as German inflation hits three-year low
29th Aug 2024 13:59
(Sharecast News) - German inflation dropped its lowest level in more than three years this month, unexpectedly falling below the 2% target set by the European Central Bank.
Read more