News Archive
ECB 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 moreFTSE 250 movers: Close Bros surges on upgrade; IG slips after sale
29th Aug 2024 13:47
(Sharecast News) - FTSE 250 (MCX) 21,077.53 0.05%
Read moreFrenkel Topping flags solid revenue growth despite challenges
29th Aug 2024 13:38
(Sharecast News) - Frenkel Topping Group, a specialist financial and professional services firm in the personal injury and clinical negligence markets, reported solid revenue growth for the first half of the year in an update on Thursday, despite facing challenges within one of its subsidiaries.
Read moreRoadside Real Estate disposes of remaining four pubs
29th Aug 2024 13:31
(Sharecast News) - Roadside Real Estate announced the completion of the disposal of its remaining four pubs on Thursday, as part of its strategic shift to concentrate on its core roadside real estate assets.
Read moreUS GDP growth revised higher for second quarter
29th Aug 2024 12:58
(Sharecast News) - The annual rate of economic growth in the US more than doubled in the second quarter, according to revised estimates from the Bureau of Economic Analysis on Thursday.
Read moreUS initial jobless claims fall to 231,000
29th Aug 2024 12:57
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 24 August, according to the Department of Labor, but remained well above the average seen earlier in the year.
Read moreSomero still confident despite challenging first half
29th Aug 2024 12:54
(Sharecast News) - Concrete levelling equipment specialist Somero Enterprises reported a decline in first-half revenue and profitability on Thursday, attributing the downturn to a combination of external factors including elevated interest rates, labour shortages, concrete rationing, and inclement weather across key markets.
Read moreTracsis ends year in line with revised guidance
29th Aug 2024 12:44
(Sharecast News) - Tracsis said in an update on Thursday that its financial performance for the year ended 31 July was in line with revised guidance, despite a challenging operational environment.
Read moreBest Buy lifts profit guidance after Q2 comparable sales beat
29th Aug 2024 12:41
(Sharecast News) - Best Buy hiked its profit forecast for the year on Thursday, amid a positive shift in consumer demand for electronics.
Read moreFriday preview: US, euro area inflation data in focus
29th Aug 2024 12:34
(Sharecast News) - The flow of economic data will pick up at the end of the week with inflation readings due out on either side of the Atlantic.
Read moreDollar General shares slide as it downgrades full-year forecast
29th Aug 2024 12:32
(Sharecast News) - Shares in Dollar General were sliding in early trade on Thursday, after the retailer revised its annual sales and profit forecasts downward, citing a reduction in consumer spending on discretionary items.
Read moreApax Global Alpha to invest EUR 29m in Veriforce
29th Aug 2024 12:23
(Sharecast News) - Apax Global Alpha (AGA) announced an expected investment of €29m in supply chain risk management specialist Veriforce on Thursday.
Read moreBBGI posts solid set of interim results
29th Aug 2024 12:16
(Sharecast News) - BBGI Global Infrastructure announced a robust set of interim results on Thursday, achieving a net asset value total return of 2.4%, with its portfolio maintaining a high asset availability rate of 99.9%.
Read moreUS pre-open: Futures trade higher following Nvidia Q2 earnings
29th Aug 2024 12:05
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Thursday as market participants prepared for a number of data points scheduled for release later in the day.
Read moreSainsbury's to buy 10 Homebase stores
29th Aug 2024 11:59
(Sharecast News) - Sainsbury's said on Thursday that it has agreed to buy 10 leasehold stores from HHGL Limited, trading as Homebase, for conversion into supermarkets.
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