News Archive
China launches probe into EU dairy subsidies
21st Aug 2024 11:08
(Sharecast News) - China launched an anti-subsidy investigation into dairy products imported from the European Union on Wednesday, intensifying trade tensions between Beijing and Brussels.
Read moreWatkin Jones shares drop 30% on profit warning, future outlook
21st Aug 2024 10:51
(Sharecast News) - London-listed Watkin Jones lost almost a third of its market value on Wednesday after the residential property manager and developer delivered a profit warning and projected a slower-than-expected market recovery.
Read moreUS pre-open: Stock futures higher ahead of Fed minutes
21st Aug 2024 10:51
(Sharecast News) - Wall Street futures were in the green ahead of the bell 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 moreAngling Direct H1 revenues grow on strong UK performance
21st Aug 2024 10:50
(Sharecast News) - Fishing tackle and equipment retailer Angling Direct said on Wednesday that revenues had grown in the six months ended 31 July, leaving it confident of its ability to meet full-year consensus expectations.
Read moreLondon midday: Stocks edge up as miners rally
21st Aug 2024 10:43
(Sharecast News) - London stocks had ticked a little further into the black by midday on Wednesday, helped along by a solid performance from the mining sector, as investors mulled borrowing figures and looked ahead to the release of the latest Federal Reserve minutes.
Read moreEco Buildings raises £450k via subscription
21st Aug 2024 10:21
(Sharecast News) - Modular housing company Eco Buildings Group said on Wednesday that it had raised up £450,000 from new and existing shareholders via a subscription of 4.50m new ordinary shares.
Read moreNexxen International strikes ACR data deal with The Trade Desk
21st Aug 2024 10:01
(Sharecast News) - Advertising technology platform Nexxen International said on Wednesday that its recognition data was now available on The Trade Desk.
Read moreWaitrose to open 100 new convenience stores in £1bn investment drive
21st Aug 2024 09:46
(Sharecast News) - UK high-end supermarket chain Waitrose its ramping up its brand investment plans, injecting £1bn to open up to 100 convenience shops and upgrade a number of existing supermarkets over the next five years.
Read moreRBC Capital lifts price target on Admiral, reiterates 'outperform'
21st Aug 2024 09:36
(Sharecast News) - RBC Capital Markets lifted its price target on Admiral on Wednesday to 3,550p from 3,400p and reiterated its 'outperform' rating.
Read moreAsia report: Most markets fall as Japan's trade deficit widens
21st Aug 2024 09:13
(Sharecast News) - Asia-Pacific markets were mostly lower on Wednesday, following a pullback in US markets overnight, where the S&P 500 and Nasdaq Composite ended their eight-day winning streak.
Read moreJapanese trade deficit higher than expected as imports jump
21st Aug 2024 08:53
(Sharecast News) - Japan recorded a wider-than-expected trade deficit for July as imports surged on the back of rising prices, according to data released by the Finance Ministry on Wednesday.
Read moreLondon open: Stocks nudge up after borrowing figures; Fed minutes eyed
21st Aug 2024 08:33
(Sharecast News) - London stocks nudged higher in early trade on Wednesday as investors mulled UK borrowing figures and looked ahead to the release of the latest Federal Reserve minutes.
Read moreJPMorgan stays positive on BT, downplays Sky deal with CityFibre
21st Aug 2024 08:22
(Sharecast News) - JPMorgan has reiterated its 'outperform' rating on BT Group despite competition concerns hitting the stock following the announcement that Sky has signed a wholesale deal with CityFibre.
Read moreWalmart to sell entire $3.7bn stake in JD.com
21st Aug 2024 08:04
(Sharecast News) - Shares in JD.com tanked in Hong Kong on Wednesday after American retail titan Walmart signalled its intention to dispose of its stake in the Chinese ecommerce giant worth $3.7bn.
Read moreRosslyn Data Technologies FY losses better than feared, secures major client win
21st Aug 2024 08:03
(Sharecast News) - Cloud-based software provider Rosslyn Data Technologies revealed on Wednesday that it had secured a "major new client win" worth a minimum of £2.0m as it turned in better-than-expected FY24 underlying losses.
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