News Archive
US close: Stocks surge as jobless claims data eases macro fears
8th Aug 2024 22:56
(Sharecast News) - US stocks bounced back strongly on Thursday as better-than-expected data from the labour market eased investors' concerns about an impending recession.
Read moreRightmove agrees new contract with OpenRent
8th Aug 2024 19:05
(Sharecast News) - Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.
Read moreSector movers: Stocks trying to find their footing
8th Aug 2024 18:02
(Sharecast News) - Stocks ended a tad lower on Thursday, but well off their session lows after the release of better-than-expected weekly jobless claims figures in the US.
Read moreSector movers: Stocks trying to find their footing
8th Aug 2024 18:02
(Sharecast News) - Stocks ended a tad lower on Thursday, but well off their session lows after the release of better-than-expected weekly jobless claims figures in the US.
Read moreEurope close: Stocks erase losses after strong start Stateside
8th Aug 2024 17:11
(Sharecast News) - A strong start on Wall Street helped European markets cut their losses on Thursday, with the Stoxx 600 benchmark pushing into positive territory by the close of play.
Read moreRyanair lifts share buyback by a further €800m
8th Aug 2024 15:59
(Sharecast News) - Budget airline Ryanair has extended its share buyback plan by €800m due to a stronger-than-expected cash position.
Read moreFriday preview: Chinese inflation data, Hargreaves Lansdown in focus
8th Aug 2024 15:53
(Sharecast News) - Financial markets' attention on Friday will shift towards Asia and inflation numbers due out in the region's largest economy.
Read moreUK's CMA starts probe into Amazon Anthropic deal
8th Aug 2024 15:21
(Sharecast News) - Britain's competition regulator said it had started a formal inquiry into Amazon's investment in artificial intelligence start-up Anthropic.
Read moreBarclays becomes latest to lift cap on banker bonuses
8th Aug 2024 15:19
(Sharecast News) - Barclays has become the latest bank in the UK to lift the cap on senior banker bonuses, following in the footsteps of JPMorgan and Goldman Sachs.
Read moreBroker tips: Endeavour Mining, Glencore
8th Aug 2024 14:58
(Sharecast News) - Analysts at Berenberg lowered their target price on gold miner Endeavour Mining from 2,500.0p to 2,100.0p on Thursday as they rebased their estimates on the stock.
Read moreDirector dealings: Foxtons non-executive director snaps up shares
8th Aug 2024 14:58
(Sharecast News) - Foxtons Group revealed on Thursday that non-executive director Jack Callaway had acquired 50,000 ordinary shares in the London-listed estate agency.
Read moreLondon close: Stocks claw back losses but still finish lower
8th Aug 2024 14:57
(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.
Read moreUS open: Stocks higher following jobless claims data
8th Aug 2024 14:52
(Sharecast News) - Wall Street stocks were sharply higher at the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared were soothed by weekly jobless claims data from the Labor Department.
Read moreEli Lilly hikes guidance as obesity drug sales soar
8th Aug 2024 14:11
(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.
Read moreEli Lilly hikes guidance as obesity drug sales soar
8th Aug 2024 14:11
(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.
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