News Archive
AstraZeneca's inflammatory disease drug Fasenra approved in the US
18th Sep 2024 07:29
(Sharecast News) - AstraZeneca has received the green light for its Fasenra drug in the US, used to treat patients with a rare inflammatory disease.
Read moreRBC Capital starts Marshalls at 'sector perform'
18th Sep 2024 07:26
(Sharecast News) - RBC Capital Markets initiated coverage of Marshalls on Wednesday with a 'sector perform' rating and 370p price target.
Read moreWednesday newspaper round-up: Stellantis, ITV, Philip Morris
18th Sep 2024 07:25
(Sharecast News) - Employers who force staff to return to the office five days a week have been called the "dinosaurs of our age" by one of the world's leading experts who coined the term "presenteeism". Sir Cary Cooper, a professor of organisational psychology and health at the University of Manchester's Alliance Manchester Business School, said employers imposing strict requirements on staff to be in the office risked driving away talented workers, damaging the wellbeing of employees and undermining their financial performance. - Guardian
Read moreGames Workshop says trading in line
18th Sep 2024 07:21
(Sharecast News) - In one of the shortest trading statements ever, Warhammer maker Games Workshop on Wednesday said trading for the three months to September 1 had been in line with expectations.
Read morePZ Cussons reports drop in full-year revenue, profit
18th Sep 2024 07:18
(Sharecast News) - Consumer goods company PZ Cussons reported a 10.6% drop in full-year revenue to £527.9m on Wednesday, primarily due to the significant devaluation of the Nigerian naira against sterling.
Read moreXaar swings to loss in challenging first half
18th Sep 2024 07:18
(Sharecast News) - Inkjet technology specialist Xaar reported interim revenue of £28.6m on Wednesday, down from £34.5m in the same period last year.
Read moreInflation unchanged at 2.2% ahead of BoE rate announcement
18th Sep 2024 07:16
(Sharecast News) - UK inflation was unchanged in August, according to figures released on Wednesday by the Office for National Statistics, remaining above the Bank of England's target.
Read moreSegro prices €500m bond issue
18th Sep 2024 07:15
(Sharecast News) - Segro said it had priced €500m of senior unsecured bond issue for an eight-year term at 123 basis points above euro mid-swaps with an annual coupon of 3.5%.
Read moreLegal & General sells Cala Group for £1.35bn
18th Sep 2024 07:02
(Sharecast News) - Legal & General said it had sold UK house builder Cala for £1.35bn to its former joint venture partner Patron Capital and investment group Sixth Street Partners as it looks to focus on its main businesses.
Read moreEurope close: Stocks rise as markets gear up for Fed rate cut
17th Sep 2024 15:57
(Sharecast News) - European stocks rose to a two-week high on Tuesday as global markets geared up for an eagerly anticipated Federal Reserve rate cut the following day, with investors this side of the Pond shrugging off another round of weak economic data from Germany.
Read moreUS open: Dow, S&P 500 hit new highs ahead of Fed decision
17th Sep 2024 15:44
(Sharecast News) - US stocks rose on Tuesday morning with the Dow and S&P 500 both at all-time highs ahead of a widely anticipated interest-rate cut from the Federal Reserve.
Read moreUS industrial production rises more than expected
17th Sep 2024 15:43
(Sharecast News) - US industrial production bounced back in August, rising much more than economists had expected, according to data released on Tuesday by the Federal Reserve.
Read moreSwiss watchdog seizes £11m from Mirabaud in laundering case
17th Sep 2024 15:11
(Sharecast News) - Switzerland's financial market regulator on Tuesday said it had confiscated 12.7 million Swiss francs (£11.36m) from private bank Mirabaud for breaches of financial market law and money-laundering obligations.
Read moreLondon close: Stocks finish higher ahead of US Fed
17th Sep 2024 14:48
(Sharecast News) - London stocks closed higher on Tuesday as investors focused on the start of the US Federal Reserve's two-day policy meeting, where a rate cut was widely anticipated.
Read moreFTSE 100 movers: Kingfisher jumps on results; Compass loses its way
17th Sep 2024 14:41
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,299.91 in afternoon trade on Tuesday.
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