News Archive

London close: Stocks finish lower as oil prices retreat

20th Aug 2024 15:33

(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.

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Broker tips: Judges Scientific, Serco

20th Aug 2024 15:24

(Sharecast News) - Analysts at Berenberg hiked their target price on scientific instruments business Judges Scientific from 12,000.0p to 12,400.0p on Tuesday following the firm's acquisition of Teer Coatings holding company Magsputter.

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Director dealings: Audioboom chairman raises stake

20th Aug 2024 15:22

(Sharecast News) - Audioboom revealed on Tuesday that chairman Michael Tobin had acquired 5,000 ordinary shares in the AIM-listed podcast group.

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US open: Stocks lower as attention turns to Federal Reserve

20th Aug 2024 15:21

(Sharecast News) - Wall Street stocks were in the red early on Tuesday as investors turned their attention towards the Federal Reserve Bank.

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FTSE 250 movers: Ocado, financial stocks pull mid-tier index lower

20th Aug 2024 14:23

(Sharecast News) - The FTSE 250 was trading 0.4% lower on Tuesday afternoon as gains in the mining and housebuilding sectors were outweighed by heavy falls from Ocado and a bunch of financial stocks.

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German economy will avoid recession in Q3, Bundesbank predicts

20th Aug 2024 14:14

(Sharecast News) - The Bundesbank said on Tuesday that it expects the German economy to avoid a technical recession and return to growth in the third quarter of 2024, according to the central bank's monthly report for August.

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FTSE 100 movers: BT hit as CityFibre strikes deal with Sky; Fresnillo shines

20th Aug 2024 14:07

(Sharecast News) - London's FTSE 100 was down 1% at 8,276.04 in afternoon trade on Tuesday.

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Hobbycraft on brink of being bought by Modella Capital - report

20th Aug 2024 13:48

(Sharecast News) - Arts and crafts retailer Hobbycraft is reportedly on the brink of being sold to a specialist investor whose executives have backed chains including Paperchase and Tie Rack.

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EU lowers planned tariffs on Chinese made Teslas

20th Aug 2024 13:16

(Sharecast News) - The European Union said on Tuesday that it will lower planned tariffs for Tesla vehicles imported to the bloc from China from 20.8% to 9% as it announced a number of reductions to planned import duties from other Chinese electric carmakers.

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Johnson & Johnson to buy V-Wave for up to $1.7bn

20th Aug 2024 12:58

(Sharecast News) - Johnson & Johnson said on Tuesday that it has agreed to buy V-Wave, a privately-held company focused on developing treatment options for patients with heart failure, for up to $1.7bn.

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OptiBiotix reports solid first-half operational progress

20th Aug 2024 11:47

(Sharecast News) - Obesity-focussed life science company OptiBiotix Health updated the market on its commercial activities for the first half on Tuesday, reported significant advancements in expanding its presence in key markets, particularly in the United States and Asia, while also investing in direct-to-consumer e-commerce channels to drive growth and profitability.

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Empresaria swings to first-half operating loss

20th Aug 2024 11:40

(Sharecast News) - Specialist staffing firm Empresaria swung to an operating loss in its first half, it reported on Tuesday, reflecting the continued impact of difficult market conditions on its financial performance.

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Eurozone construction output growth hits 17-month high

20th Aug 2024 11:26

(Sharecast News) - Construction output in the eurozone bounced back strongly in June after contracting the previous three months, according to figures released on Tuesday by Eurostat.

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Chariot announces start of drilling at Anchois project

20th Aug 2024 11:03

(Sharecast News) - Africa-focussed energy company Chariot announced the start of drilling operations at the Anchois gas project in the Lixus offshore licence, offshore Morocco, on Tuesday.

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London midday: FTSE falls further as energy shares drop, BT tumbles

20th Aug 2024 10:58

(Sharecast News) - London stocks had fallen further by midday on Tuesday, with energy issues in the red as oil prices declined and BT under the cosh.

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