News Archive
London open: Stocks gain after Friday's losses; Entain jumps
9th Sep 2024 08:19
(Sharecast News) - London stocks rose in early trade on Monday, recovering from heavy losses at the end of last week on the back of a disappointing US non-farm payrolls report.
Read moreChina consumer prices rise less than expected, producer prices deflate
9th Sep 2024 08:19
(Sharecast News) - China's consumer inflation saw a modest increase in August, with the consumer price index (CPI) rising 0.6% year-on-year, up slightly from July's 0.5%.
Read moreEurope open: Stoxx rallies after weak US jobs report
9th Sep 2024 08:09
(Sharecast News) - European stocks made at strong start to the week at the open on Monday, despite a sluggish session in Asia overnight after a weak US jobs report last Friday.
Read moreJefferies upgrades Rightmove, says offer from REA Group 'probable'
9th Sep 2024 08:07
(Sharecast News) - Jefferies upgraded Rightmove on Monday to 'hold' from 'underperform' and lifted the price target to 720p from 450p as it said an offer was "probable" after Australia's REA Group confirmed it was considering a possible cash and share offer for the property portal.
Read moreLondon pre-open: Stocks seen higher after last week's losses
9th Sep 2024 07:32
(Sharecast News) - London stocks were set to gain at the open on Monday following heavy losses at the end of last week.
Read moreComputacenter interim profits fall as revenues contract
9th Sep 2024 07:28
(Sharecast News) - Computer services firm Computacenter said on Monday that interim revenue and profits had fallen against a strong comparative period.
Read moreEntain trading ahead of expectations in second half
9th Sep 2024 07:25
(Sharecast News) - Sports betting and gambling giant Entain reported better-than-expected second-half results in an update on Monday, with online net gaming revenue (NGR) showing stronger growth than forecast.
Read moreC&C Group sees H1 earnings in line, net revenue down 3%
9th Sep 2024 07:23
(Sharecast News) - Magners cider maker C&C Group said first-half earnings had been in line with expectations, with net revenues expected to be down 3%.
Read moreAssura appoints Steven Noble to newly-created role of CIO
9th Sep 2024 07:20
(Sharecast News) - Specialist healthcare property investor and developer Assura said on Monday that it has appointed Steven Noble to the newly-created role of chief investment officer to support the business' short and long-term growth strategy.
Read moreBarratt, Lloyds Bank, Homes England form JV for large housing projects
9th Sep 2024 07:05
(Sharecast News) - Barratt Developments, UK government agency Homes England and Lloyds Bank have formed a joint venture master developer platform that will focus on large sites to deal with Britain's housing shortfall.
Read moreEurope close: Stocks slump after weaker-than-expected US payrolls data
6th Sep 2024 16:55
(Sharecast News) - European stocks ended down sharply and at their session lows following the release of a weaker-than-expected US jobs report when revisions are included.
Read moreDirector dealings: Genus chairman snaps up shares
6th Sep 2024 16:42
(Sharecast News) - Genus revealed on Friday that chairman Iain Ferguson had acquired 3,500 ordinary shares in the FTSE 250-listed biotechnology group.
Read moreLondon close: Stocks slip as US non-farm payrolls undershoot
6th Sep 2024 15:45
(Sharecast News) - London stocks ended lower on Friday, as disappointing US jobs data weighed on investor sentiment.
Read moreBroker tips: Melrose Industries, Zephyr Energy, Entain
6th Sep 2024 15:08
(Sharecast News) - Morgan Stanley initiated coverage of Melrose Industries on Friday at 'equalweight' with a 500.0p price target, noting that a strong aftermarket narrative supported its belief that profit and loss would come in 6-10% above consensus by 2027.
Read moreFTSE 250 movers: Endeavour on the rise; Indivior tumbles
6th Sep 2024 14:23
(Sharecast News) - London's FTSE 250 was down 1% at 20,563.22 in afternoon trade on Friday, with no obvious rhyme or reason for any of the moves.
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