News Archive

Director dealings: Genus director makes share purchase

12th Sep 2024 15:26

(Sharecast News) - Genus revealed on Thursday that senior independent director Lesley Knox had acquired 2,800 ordinary shares in the FTSE 250-listed genetics firm.

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FTSE 250 movers: NCC surges on update; Kier falls

12th Sep 2024 14:56

(Sharecast News) - London's FTSE 250 was up 0.9% at 20,716.47 in afternoon trade on Thursday.

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US open: Stocks mixed following PPI reading

12th Sep 2024 14:39

(Sharecast News) - Wall Street trading got off to a mixed start early on Thursday as traders digested more inflation data following yesterday's consumer price index report.

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Quantum Blockchain hires former Intel Blockscale specialist

12th Sep 2024 14:13

(Sharecast News) - Quantum Blockchain Technologies announced the appointment of Jose Rios, a former executive at Intel, as its strategic adviser on Thursday.

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Friday preview: US consumer confidence, UK inflation expectations in focus

12th Sep 2024 14:05

(Sharecast News) - Investors' focus at the end of the week will continue to be on the inflation picture Stateside.

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US producer prices rise a tad more quickly than expected, core ahead of forecasts

12th Sep 2024 13:43

(Sharecast News) - Wholesale prices in the US increased a tad more slowly than anticipated last month, but a bit more quickly than expected at the core level.

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Kroger shares pop on Q2 earnings beat, updated guidance

12th Sep 2024 13:19

(Sharecast News) - Kroger shares were popping on Thursday, as investors digested the grocer's updated guidance following a mixed second-quarter performance.

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Mastercard to buy cyber defence firm Recorded Future for $2.65bn

12th Sep 2024 13:18

(Sharecast News) - Mastercard said on Thursday that it has agreed to buy cyber defence company Recorded Future from Insight Partners for $2.65bn.

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US jobless claims rise to 230,000

12th Sep 2024 13:06

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated pace in the week ended 7 September, according to the Department of Labor, in line with market expectations.

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Microsoft cuts 650 jobs in video game division

12th Sep 2024 13:04

(Sharecast News) - Microsoft is cutting 650 jobs from its video game division, according to a company email seen by The Wall Street Journal on Thursday.

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General Mills offloads yoghurt operations in $2.1bn deal

12th Sep 2024 12:45

(Sharecast News) - US food manufacturer General Mills has announced the split-up and sale of its North American yoghurt business to French dairy companies in a $2.1bn deal.

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ECB cuts rates by 25 basis points as expected

12th Sep 2024 12:44

(Sharecast News) - The European Central Bank cut interest rates on Thursday by 25 basis points to 3.5%, as widely expected, pointing to a slowdown in inflation.

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Moderna to slash R&D budget, shares fall

12th Sep 2024 12:41

(Sharecast News) - Shares in Moderna tumbled 11% in pre-market trading on Thursday, after the US biotech detailed plans to cut its research budget by more than $1bn.

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FTSE 100 movers: Diageo boosted by upgrade, Rentokil extends losses

12th Sep 2024 12:41

(Sharecast News) - London's FTSE 100 was heading higher on Thursday, lifted by strong gains from Diageo and a host of mining stocks, while the downside continued to be led by Rentokil.

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Tesco loses legal case against 'fire and rehire' tactics for factory staff

12th Sep 2024 12:17

(Sharecast News) - Shop workers union Usdaw has won its appeal in a Supreme Court battle against Tesco over its so-called 'fire and rehire' approach to cutting staff pay, bringing a three-year legal saga to an end.

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