News Archive

GSK to seek dismissal of Zantac Florida case as court rejects testimony

16th Aug 2024 07:05

(Sharecast News) - UK pharma giant GSK has welcomed a US court ruling excluding expert testimony in the long-running Zantac lawsuit where the plaintiffs allege the heartburn drug caused cancer and said it would now ask for the case to be dismissed.

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Europe close: Stocks up as US data revive soft landing hopes

15th Aug 2024 18:58

(Sharecast News) - European stocks jumped on Thursday following the release of stronger-than-expected readings for US retail sales and weekly jobless claims that some economists said pointed to the likelihood of a soft landing in the States.

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London close: Stocks buoyed by solid economic data

15th Aug 2024 15:30

(Sharecast News) - London stocks ended Thursday on a positive note, buoyed by data confirming expected growth in the UK economy for the second quarter.

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Broker tips: DCC, FRP Advisory, Begbies Traynor

15th Aug 2024 15:20

(Sharecast News) - RBC Capital Markets upgraded DCC on Thursday to 'outperform' from 'sector perform' and lifted the price target to 5,800.0p from 5,700.0p following recent weakness.

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Director dealings: Genedrive chairman snaps up shares

15th Aug 2024 15:15

(Sharecast News) - Genedrive revealed on Thursday that chairman Ian Gilham had acquired 1.0m shares in the AIM-listed pharmacogenetic testing company.

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FTSE 250 movers: OSB tanks; Playtech rises again

15th Aug 2024 14:35

(Sharecast News) - FTSE 250 (MCX) 21,098.31 0.70%

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Philly Fed factory index drops unexpectedly in August

15th Aug 2024 14:35

(Sharecast News) - Factory activity in the US mid-Atlantic region shrank unexpectedly in August, the results of a closely followed survey showed.

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FTSE 100 movers: Admiral surges on results; Rio Tinto goes ex-div

15th Aug 2024 14:27

(Sharecast News) - London's FTSE 100 was up 0.7% at 8,342.91 in afternoon trade on Thursday.

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US open: Stocks higher following data onslaught

15th Aug 2024 14:15

(Sharecast News) - Wall Street stocks were firmly higher early on Thursday as investors digested a slew of data points.

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Weekly US jobless claims dip again

15th Aug 2024 14:10

(Sharecast News) - Unemployment claims in the US dipped unexpectedly during the previous week.

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Carrier Global to sell commercial and fire business for $3bn

15th Aug 2024 13:28

(Sharecast News) - Carrier Global said on Thursday that it has agreed to sell its commercial and residential fire business to an affiliate of private equity firm Lone Star Funds for $3bn.

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Europe midday: Shares hold gains as UK GDP rises

15th Aug 2024 12:46

(Sharecast News) - European stocks were higher on Thursday as investors digested UK GDP figures and the monthly China data dump.

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Autos and parts drive surge in US July retail sales

15th Aug 2024 12:30

(Sharecast News) - Retail sales jumped last month, driven by a rebound in auto purchases.

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Friday preview: US consumer confidence, UK retail sales in focus

15th Aug 2024 12:29

(Sharecast News) - The market spotlight at the end of the week will continue to be on the US, where a flurry of economic indicators are due out.

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Polarean Imaging retains co-founder on consultant basis

15th Aug 2024 12:19

(Sharecast News) - MRI technology specialist Polarean Imaging announced the appointment of Bastiaan Driehuys as a consultant to the company on Thursday, effective immediately.

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