News Archive
'The time has come', Fed's Powell says
23rd Aug 2024 12:31
(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced.
Read moreWeek ahead: US PCE inflation data, German IFO index in focus
23rd Aug 2024 12:29
(Sharecast News) - The outlook for inflation in the US would continue to be in focus during the last week of August.
Read moreFTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds
23rd Aug 2024 12:13
(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.
Read moreThor posts strong first half, lowers full-year production guidance
23rd Aug 2024 12:08
(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
Read moreThor posts strong first half, lowers full-year production guidance
23rd Aug 2024 12:08
(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.
Read moreTrinity delays publication of scheme document for its takeover
23rd Aug 2024 12:01
(Sharecast News) - Trinity Exploration & Production announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators on Friday.
Read moreCeladon confident in seeing through funding challenges
23rd Aug 2024 11:58
(Sharecast News) - Cannabis-based medicines specialist Celadon Pharmaceuticals updated the market on its financial position on Friday, amid ongoing challenges related to delays in expected funding.
Read moreSound Energy inks bridge finance deal ahead of SEME sale completion
23rd Aug 2024 11:53
(Sharecast News) - Sound Energy has entered into a bridge financing facility agreement for up to £1.5m, it announced on Friday.
Read moreRevenue falls, profit improves for Anglo-Eastern Plantations
23rd Aug 2024 11:46
(Sharecast News) - Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166.7m in its interim results on Friday, down 4% from $173.4m in the same period last year.
Read morePetrofac gets extension on senior note forbearance agreement
23rd Aug 2024 11:35
(Sharecast News) - Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.
Read moreUS pre-open: Futures trade higher ahead of Jackson Hole
23rd Aug 2024 11:25
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.
Read moreUS pre-open: Futures trade higher ahead of Jackson Hole
23rd Aug 2024 11:25
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.
Read moreEurope midday: Stocks extend gains ahead of Jackson Hole
23rd Aug 2024 10:41
(Sharecast News) - European stocks had extended gains by midday on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.
Read moreLondon midday: Stocks maintain gains ahead of Powell speech
23rd Aug 2024 10:41
(Sharecast News) - London stocks had maintained gains by midday on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.
Read moreBerenberg initiates coverage on Smiths Group at 'hold'
23rd Aug 2024 10:21
(Sharecast News) - Analysts at Berenberg initiated coverage on diversified engineering business Smiths Group with a 'hold' rating and 1,757.0p target price on Friday, stating the firm's diversification provides some relative earnings resilience but reckons stronger performance exists elsewhere in the sector.
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