News Archive

Judges Scientific acquires Teer Coatings in £12m deal

15th Aug 2024 07:15

(Sharecast News) - Specialist scientific instrument investor Judges Scientific announced the acquisition of Magsputter, the holding company of Teer Coatings, on Thursday.

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Admiral pays out special divi as interim profits surge

15th Aug 2024 07:04

(Sharecast News) - Shares in Admiral surged on Thursday as the UK insurance group posted a better-than-expected 32% rise in half-year pre-tax profits to £310m, driven by an improved current year underwriting performance and claims releases.

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US close: Stocks higher following July CPI reading

14th Aug 2024 22:14

(Sharecast News) - Wall Street stocks closed higher on Wednesday as market participants digested key inflation data.

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Europe close: Stocks rise after slightly softer-than-expected US CPI

14th Aug 2024 17:22

(Sharecast News) - European shares posted solid gains on Wednesday following the release of slightly weaker-than-expected US consumer price data for the month of July.

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Canaccord Genuity stays at 'buy' on Beeks Financial Cloud

14th Aug 2024 16:31

(Sharecast News) - Canaccord Genuity stood by its 'buy' rating and 260.0p target price on software and services firm Beeks Financial Cloud on Wednesday following a fresh update from the group.

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Thursday preview: US retail sales, ITM Power in the spotlight

14th Aug 2024 15:30

(Sharecast News) - Investors' focus on Thursday will be on a raft of US economic data which may be even more closely scrutinised than usual as the central bank's mid-September meeting approaches.

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Director dealings: Oxford Instruments CFO makes share sale

14th Aug 2024 15:24

(Sharecast News) - Oxford Instruments revealed on Wednesday that chief financial officer Gavin Hill had disposed of 28,071 ordinary shares in the London-listed manufacturing and research company.

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London close: Stocks rise as investors digest inflation data

14th Aug 2024 15:02

(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.

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TomCo subsidiary agrees to sell TSHII membership interest

14th Aug 2024 14:59

(Sharecast News) - US-focussed oil development group TomCo Energy announced a proposed agreement for its wholly-owned subsidiary Greenfield Energy to sell its 10% membership interest in Tar Sands Holdings II for $1.575m.

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Broker tips: Synthomer, Beeks Financial Cloud

14th Aug 2024 14:58

(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375.0p to 340.0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".

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FTSE 100 movers: Flutter surges on guidance upgrade; housebuilders gain

14th Aug 2024 14:40

(Sharecast News) - London's FTSE 100 was up 0.4% at 8,265.20 in afternoon trade on Wednesday.

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US open: Stocks mixed following July CPI reading

14th Aug 2024 14:23

(Sharecast News) - Wall Street stocks were mixed at the open on Wednesday as market participants digested key inflation data.

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FTSE 250 movers: Playtech cashes in; Balfour Beatty slides

14th Aug 2024 13:35

(Sharecast News) - FTSE 250 (MCX) 20,869.48 0.60%

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Victoria's Secret shares jump on new CEO, strong second quarter

14th Aug 2024 12:30

(Sharecast News) - Shares in lingerie and fashion giant Victoria's Secret were rising early on Wednesday, after it announced the appointment of a new CEO, and reported preliminary quarterly results ahead of its previous forecasts.

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US CPI gains slow to 2.9% in July, core prices at 3.2%

14th Aug 2024 12:25

(Sharecast News) - The cost of living in the US rose in July at its slowest pace in over three years.

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