News Archive
Europe close: Stocks rise on rate-cut hopes after ECB minutes
22nd Aug 2024 16:59
(Sharecast News) - The Stoxx 600 gained on Thursday despite a barrage of mixed economic data, with the stocks resuming their recent rally on rising hopes that central banks in Europe and the US will move to cut interest rates in September.
Read moreBroker tips: Admiral, Derwent London, Segro
22nd Aug 2024 15:46
(Sharecast News) - Jefferies upgraded Admiral on Thursday to 'hold' from 'underperform' and lifted its price target on the stock to 3,025.0p from 2,300.0p as it upped its earnings per share forecasts.
Read moreDirector dealings: Big Technologies CEO raises stake
22nd Aug 2024 15:36
(Sharecast News) - Big Technologies revealed on Thursday that chief executive Sara Murray had acquired 100,000 ordinary shares in the AIM-listed technology firm.
Read moreLondon close: Stocks mixed as investors look to Jackson Hole
22nd Aug 2024 15:31
(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.
Read moreUS existing home sales rebound, snap four months of declines
22nd Aug 2024 15:21
(Sharecast News) - Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors.
Read moreUS open: Stocks mixed as traders await Powell's Jackson Hole speech
22nd Aug 2024 15:07
(Sharecast News) - Wall Street stocks were mixed early on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.
Read morePeloton shares bounce after first quarterly growth in two years
22nd Aug 2024 14:41
(Sharecast News) - Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years.
Read moreBoston Fed president Collins signals her support for rate cuts
22nd Aug 2024 14:39
(Sharecast News) - Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely support for a rate reduction at the central bank's upcoming policy meeting.
Read moreFTSE 250 movers: Hays, Derwent London and Bank of Georgia in demand
22nd Aug 2024 13:34
(Sharecast News) - The second-tier index was edging higher on Thursday with Hays, Derwent London and Bank of Georgia providing a lift, offsetting weakness among ex-dividend stocks.
Read moreFTSE 100 movers: JD Sports gains on Q2 results; L&G goes ex-div
22nd Aug 2024 13:34
(Sharecast News) - London's FTSE 100 was flat at 8,285.99 in afternoon trade on Thursday.
Read moreEscher Group said to be plotting return to London stock market
22nd Aug 2024 13:27
(Sharecast News) - Escher Group, a supplier of software to post offices around the world, is reportedly plotting a return to the London stock market six years after it was taken private.
Read moreUS jobless claims rise by 4,000
22nd Aug 2024 13:01
(Sharecast News) - Americans lined up for unemployment benefits at a slightly accelerated pace in the week ended 17 August, according to the Labor Department.
Read moreAdvance Auto Parts to sell Worldpac to Carlyle for $1.5bn
22nd Aug 2024 12:41
(Sharecast News) - Advance Auto Parts said on Thursday that it has agreed to sell Worldpac, its automotive parts wholesale distribution business, to private equity firm Carlyle for $1.5bn in cash.
Read moreGuardian Metal reports positive drilling progress at Pilot Mountain
22nd Aug 2024 12:34
(Sharecast News) - Nevada-focussed strategic mineral explorer Guardian Metal Resources updated the market on drilling at its flagship Pilot Mountain Project on Thursday, located in the Walker Lane Mineral Belt.
Read moreNovacyt recovers £12.2m in VAT after settling DHSC dispute
22nd Aug 2024 12:29
(Sharecast News) - Molecular diagnostics company Novacyt announced the successful recovery of £12.2m in VAT from HM Revenue and Customs (HMRC) on Thursday.
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