News Archive

Team Internet shares slide despite first-half growth

12th Aug 2024 14:03

(Sharecast News) - Shares in Team Internet Group were in the red on Monday afternoon, even after it reported year-on-year growth across key financial metrics for the first half of the year.

Read more

HSBC promises not to close any branches before 2026

12th Aug 2024 13:59

(Sharecast News) - Banking giant HSBC vowed to make no further branch closures until at least 2026 on Monday as it promised to spend more than £50.0m on updating and improving its branch network.

Read more

FTSE 100 movers: BT surges; JD Sports hit by downgrade

12th Aug 2024 13:51

(Sharecast News) - London's FTSE 100 was up 0.5% at 8,209.23 in afternoon trade on Monday.

Read more

US open: Stocks lower as traders look ahead to key inflation data

12th Aug 2024 13:43

(Sharecast News) - Wall Street stocks were in the red early on Monday as market participants looked ahead to key inflation data due out later in the week.

Read more

Pantheon Resources reports progress on Alaska's North Slope

12th Aug 2024 13:29

(Sharecast News) - Pantheon Resources announced progress in its operations on Alaska's North Slope on Monday, including the securing of a drill rig for the upcoming Megrez-1 well and the formal award of new oil and gas leases.

Read more

OPEC trims oil demand growth forecasts for 2024 and 2025

12th Aug 2024 13:25

(Sharecast News) - The Organisation for Petroleum Exporting Countries trimmed its forecast for oil demand growth in 2024.

Read more

Deutsche Bank downgrades JD Sports, says cost of growth underestimated

12th Aug 2024 12:55

(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.

Read more

US pre-open: Stocks to tick up ahead of key inflation data

12th Aug 2024 11:59

(Sharecast News) - US stocks looked set to tick cautiously higher at the open on Monday as investors eyed key inflation data later in the week.

Read more

Apax Global Alpha details take-private plans for Thoughtworks

12th Aug 2024 11:56

(Sharecast News) - Apax Global Alpha (AGA) updated the market on the planned take-private transaction of technology consultancy Thoughtworks on Monday.

Read more

Royal Mail parent IDS to offload US freight divisions

12th Aug 2024 11:52

(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.

Read more

Royal Mail parent IDS to offload US freight divisions

12th Aug 2024 11:52

(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.

Read more

IWG repurchases £37m principal of convertible bonds

12th Aug 2024 11:51

(Sharecast News) - International Workplace Group announced on Monday that it has repurchased £37.2m in principal amount of its £350m 0.5% convertible bonds due 2027.

Read more

IG Group launches first £75m tranche of share buyback programme

12th Aug 2024 11:48

(Sharecast News) - IG Group kicked off the first tranche of its new share buyback programme on Monday, having announced plans to repurchase up to £150m of shares on 25 July.

Read more

S&U reports difficult half-year for motor finance division

12th Aug 2024 11:44

(Sharecast News) - Specialist motor and property finance lender S&U reported contrasting performance across its divisions in an update on Monday, with particular difficulties in motor finance.

Read more

Scotiabank to invest $2.8bn in US regional lender KeyCorp

12th Aug 2024 11:39

(Sharecast News) - KeyCorp rallied on Monday after Canada's Scotiabank agreed to invest $2.8bn in the US regional lender.

Read more