News Archive
Serco wins $320m US space base contract
22nd Aug 2024 07:18
(Sharecast News) - Serco has been awarded a $320m contract by the US Army Corps of Engineers (USACE), it announced on Thursday, to modernise the electrical infrastructure at the US Space Force's Pituffik Space Base in Greenland.
Read moreJPMorgan lifts Segro price target
22nd Aug 2024 07:17
(Sharecast News) - JPMorgan Cazenove upped its price target on Segro on Thursday to 1,050p from 1,000p as it reassessed the outlook for the company following first-half results.
Read moreBank of Georgia unveils buyback plan as Q2 profits rise
22nd Aug 2024 07:17
(Sharecast News) - Bank of Georgia has announced a £21m share buyback programme as it unveiled its results for the second quarter, in which it delivered an 11% increase in profits as it incorporated Armenian bank Ameriabank into its P&L for the first time post-acquisition.
Read moreJD Sports LFL sales return to growth in second quarter
22nd Aug 2024 07:15
(Sharecast News) - Sports apparel and footwear retailer JD Sports Fashion saw a return to like-for-like growth in its second quarter, with its store rollout programme in North America and Europe providing a boost while the UK market remains subdued.
Read moreUS close: Stocks edge higher on FOMC minutes, NFP revision
21st Aug 2024 22:09
(Sharecast News) - US stocks edged higher on Wednesday, after minutes from the most recent Federal Reserve policy meeting and a downward revision to labour-market data cemented expectations for an interest-rate cut in September.
Read moreEurope close: Moderate gains as investors wait on Fed minutes, Powell
21st Aug 2024 17:34
(Sharecast News) - European stocks were a tad higher on Wednesday as investors eyed the release of minutes from the US Federal Reserve later in the evening for commentary on inflation and interest rate prospects.
Read moreUS nonfarm payrolls revised down by 818,000
21st Aug 2024 16:16
(Sharecast News) - The US economy created 818,000 fewer jobs than originally reported throughout the 12 months ended 31 March, according to the Labor Department's preliminary annual benchmark revision.
Read moreCineworld backers to make £35m investment if rescue plan is successful - report
21st Aug 2024 15:39
(Sharecast News) - Cineworld's US-based parent will reportedly inject £35m into modernising its British cinema estate if a rescue plan being put to creditors is successful.
Read moreDirector dealings: Castings finance director makes share purchase
21st Aug 2024 15:10
(Sharecast News) - Castings revealed on Wednesday that finance director Steve Mant had acquired 3,230 ordinary shares in the London-listed iron casting and machining group.
Read moreBroker tips: BT, Admiral, Victrex, Agronomics
21st Aug 2024 15:04
(Sharecast News) - JPMorgan has reiterated its 'outperform' rating and 290.0p target price on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
Read moreLondon close: Stocks manage gains ahead of Fed minutes
21st Aug 2024 15:01
(Sharecast News) - London's stock markets ended Wednesday on a positive note amid a robust performance from the mining sector, as investors digested a US nonfarm payrolls revision and UK borrowing figures.
Read moreUS open: Stocks mostly higher as traders await Fed minutes
21st Aug 2024 14:53
(Sharecast News) - Wall Street stocks were mostly higher early on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech from chairman Jerome Powell later in the week.
Read moreFTSE 100 movers: JD Sports gains ahead of update; utilities drop
21st Aug 2024 14:53
(Sharecast News) - London's FTSE 100 was flat at 8,275.03 in afternoon trade on Wednesday.
Read moreFTSE 250 movers: Hochschild shines; Telecom Plus slides
21st Aug 2024 13:46
(Sharecast News) - FTSE 250 (MCX) 21,058.68 0.35%
Read moreJT Group to buy Vector Group in $2.4bn deal
21st Aug 2024 13:18
(Sharecast News) - US tobacco maker Vector Group said on Wednesday that it has agreed to be bought JT Group in a $2.4bn deal.
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