News Archive
Barclays downgrades Asos to 'underweight'
10th Sep 2024 11:23
(Sharecast News) - Barclays downgraded Asos to 'underweight' from 'equalweight' and cut the price target to 290p from 300p as it said the online fashion retailer was no longer just a refinancing story.
Read moreLords Group confident despite revenue dip
10th Sep 2024 11:20
(Sharecast News) - Lords Group reported a slight dip in revenue amidst challenging market conditions in its unaudited interim results on Tuesday.
Read moreUS pre-open: Futures slightly lower ahead of Presidential debate
10th Sep 2024 10:58
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday following big wins for major indices in the previous session.
Read moreLondon midday: Stocks stay down as investors digest jobs data
10th Sep 2024 10:57
(Sharecast News) - London stocks were still weaker by midday on Tuesday as investors mulled the latest UK jobs data.
Read moreApple loses decade-long Irish tax battle
10th Sep 2024 10:31
(Sharecast News) - Tech giant Apple has lost a decade-long battle with the European Union regarding a €13.0bn tax bill in Ireland.
Read moreIQE sees FY results at lower end of market views, shares slump
10th Sep 2024 10:25
(Sharecast News) - IQE slumped on Tuesday as it said its full-year performance was set to be at the lower end of analyst forecasts, as some markets remain in recovery in the second half of the year.
Read moreOxford Nanopore files US subpoena application
10th Sep 2024 10:06
(Sharecast News) - Nanopore sequencing products company Oxford Nanopore Technologies has filed an application in the US District Court for the Northern District of California for leave to serve subpoenas in support of a lawsuit it intends to file in the courts of England and Wales.
Read moreAstraZeneca shares drop on lung cancer trial update
10th Sep 2024 09:54
(Sharecast News) - The share price of AstraZeneca took a big hit on Tuesday after investors reacted to disappointing news from the company's latest lung cancer trials.
Read moreEssentra taps Rowan Baker for CFO
10th Sep 2024 09:51
(Sharecast News) - Essential components manufacturer Essentra has appointed Rowan Baker to the role of chief financial officer, with effect from 5 November.
Read moreCMA to open first phase of probe into Carlsberg's acquisition of Britvic
10th Sep 2024 09:47
(Sharecast News) - The Competition and Markets Authority said on Tuesday that it was opening the first phase of an investigation into Danish brewer Carlsberg's £3.3n acquisition of Britvic.
Read moreAJ Bell chief operating officer to step down
10th Sep 2024 09:30
(Sharecast News) - Investment platform operator AJ Bell revealed on Tuesday that chief operating officer Roger Stott will step down from the board at the end of 2024.
Read moreAsia report: Stocks mixed as investors sift through China trade data
10th Sep 2024 09:22
(Sharecast News) - Asia-Pacific markets experienced a mixed performance on Tuesday as investors reacted to fresh data from China and the positive momentum from Wall Street's rebound.
Read morePraxis withdraws from potential Capital & Regional takeover
10th Sep 2024 09:17
(Sharecast News) - Praxis Group announced on Tuesday that it would not proceed with its potential offer to acquire Capital & Regional.
Read moreHill & Smith buys US structural steel components maker Whitlow for $30.2m
10th Sep 2024 09:13
(Sharecast News) - Hill & Smith said on Tuesday that it has bought Whitlow, a designer and manufacturer of structural steel and substation components for the US electrical infrastructure market, for $30.2m (£23m).
Read moreEurope open: Stocks rise for second day ahead of ECB meeting
10th Sep 2024 09:05
(Sharecast News) - European stocks rose on Tuesday morning, with weakness in London offset by decent gains elsewhere, as the Stoxx 600 continues to rebound after last week's sell-off.
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