News Archive

Wood Group agrees sale of EthosEnergy, CEC Controls for $165m

28th Aug 2024 07:16

(Sharecast News) - Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.

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Hochschild keeps targets after strong H1, hints at capital return next year

28th Aug 2024 07:14

(Sharecast News) - Americas-focused precious metals producer Hochschild Mining has reiterated its output guidance despite operations at its newly opened Mara Rosa mine running slowly, as it swung into profit for the first half on the back of rising commodity prices, lower costs and a reduction in impairment charges.

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Prudential maintains profit targets after "resilient" first half

28th Aug 2024 07:12

(Sharecast News) - Insurance giant Prudential said it is on track to hit its medium-term profit targets after a solid first half, and announced an acceleration in sales momentum since the period-end.

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Frasers takes 14.65% stake in Australia's Accent Group

28th Aug 2024 07:02

(Sharecast News) - Frasers Group said it had taken a 14.65% stake in Accent Group, a retail and distribution business in Australia and New Zealand's performance and lifestyle market.

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US close: Stocks inch higher ahead of Nvidia earnings, Dow sets another record

27th Aug 2024 22:34

(Sharecast News) - US stocks recovered some lost ground in afternoon trade to close marginally higher, with the Dow Jones Industrial Average eking out another record high, though gains were only modest as investors cautiously awaited the latest earnings report from semiconductor giant Nvidia.

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Director dealings: Kazera Global chairman raises stake

27th Aug 2024 16:25

(Sharecast News) - Kazera Global revealed on Tuesday that chairman John Wardle had acquired 9.5m ordinary shares in the AIM-listed investment company.

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Broker tips: Bunzl, AB Foods, Flutter

27th Aug 2024 16:02

(Sharecast News) - Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.

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London close: Stocks mixed on return from long weekend

27th Aug 2024 15:58

(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.

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Europe close: Markets mostly higher, luxury stocks fall in Paris

27th Aug 2024 15:49

(Sharecast News) - After a brief stint in negative territory, European stocks inched higher on Tuesday with the Stoxx 600 resuming its recent upward trajectory, though gains were only modest.

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Britvic shareholders approve £3.3bn Carslberg takeover

27th Aug 2024 15:49

(Sharecast News) - Britvic edged a step closer to being taken over by Danish brewer Carlsberg on Tuesday.

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US consumer confidence beats forecasts, but labour market outlook worsens

27th Aug 2024 14:59

(Sharecast News) - Consumer confidence in the US rose more than expected this month, but still remained within a narrow range that has prevailed over the past two years.

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FTSE 250 movers: Wizz flies higher; housebuilders fall

27th Aug 2024 14:22

(Sharecast News) - London's FTSE 250 was flat at 21,188.97 in afternoon trade on Tuesday.

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Protein shake maker Applied Nutrition preparing for London IPO

27th Aug 2024 14:15

(Sharecast News) - JD Sports-based Applied Nutrition has confirmed plans for a potential initial public offering in London that could value the sports supplements and protein shake maker at £500m.

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US home price growth continues to outpace inflation in June

27th Aug 2024 14:15

(Sharecast News) - US home price growth continued to outpace inflation in June, according to the S&P/Case Shiller US home price index, rising 0.4% month-on-month.

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US open: Stocks mixed following Dow's record close

27th Aug 2024 14:14

(Sharecast News) - Wall Street stocks were mixed early on Tuesday after the Dow Jones registered a fresh record close in the previous session.

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