News Archive

Director dealings: Harbour Energy director raises shareholding

5th Sep 2024 15:26

(Sharecast News) - Harbour Energy revealed on Thursday that senior independent director Simon Henry had acquired 20,000 ordinary shares in the London-listed upstream oil and gas company.

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Broker tips: Coats Group, Ecora Resources

5th Sep 2024 15:25

(Sharecast News) - Analysts at Berenberg raised their target price on thread and structural components' manufacturer Coats Group from 120.0p to 135.0p on Thursday after the group announced that its UK pension scheme was now fully de-risked, a long-awaited catalyst for the stock.

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US open: Mixed start to trading as traders digest jobs numbers

5th Sep 2024 14:58

(Sharecast News) - Wall Street trading got off to a mixed start on Thursday as market participants thumbed over a number of data points in an effort to gain more insight into the current state of the US economy.

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FTSE 250 movers: WAG surges; Ithaca slides after going ex-div

5th Sep 2024 14:54

(Sharecast News) - FTSE 250 (MCX) 20,824.56 0.08%

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CMA launches probe into Ticketmaster over Oasis ticket sales

5th Sep 2024 14:32

(Sharecast News) - The Competition and Markets Authority has launched an investigation into Ticketmaster follow the sale of tickets for legendary British rock band Oasis' upcoming reunion tour, including just how the company's controversial "dynamic pricing" may have been used.

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FTSE 100 movers: Vistry gains on results; AB Foods slumps

5th Sep 2024 14:30

(Sharecast News) - London's FTSE 100 was up 0.1% at 8,273.84 in afternoon trade on Thursday.

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Xeros shares tumble as it slashes revenue, earnings expectations

5th Sep 2024 14:19

(Sharecast News) - Textile industry environmental innovator Xeros Technology announced a delay in the mass market launch of a new nine-kilogram washing machine by its Indian licensee IFB Industries on Thursday.

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Fusion Antibodies strengthens financial position despite revenue decline

5th Sep 2024 13:53

(Sharecast News) - Preclinical antibody discovery and engineering specialist Fusion Antibodies said in its final results on Thursday that despite a challenging year with a decline in revenue, it had strengthened its financial position and expanded its pipeline of opportunities.

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US jobless claims drop by 5,000

5th Sep 2024 13:29

(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 31 August, according to the Department of Labor.

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Verizon to buy Frontier Communications in $20bn cash deal

5th Sep 2024 12:42

(Sharecast News) - Verizon Communications said on Thursday that it has agreed to buy Frontier Communications, the largest pure-play fibre internet provider in the US, for $20bn in cash.

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Court orders former Wirecard executives to pay €140m

5th Sep 2024 12:29

(Sharecast News) - Three former executives of Wirecard, including chief executive Markus Braun, have been ordered to pay €140m in damages by a Munich court.

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Safestay reports 23pc rise in first-half earnings

5th Sep 2024 12:06

(Sharecast News) - Hostel operator Safestay reported a 23% increase in first-half EBITDA on Thursday, reflecting significant operational progress and portfolio expansion.

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Oriole Resources swings to first-half profit

5th Sep 2024 11:55

(Sharecast News) - West and Central Africa-focussed exploration company Oriole Resources reported a first-half pre-tax profit of £1.15m on Thursday - a significant improvement compared to a loss of £0.86m in the same period in 2023.

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US layoff announcements surge in August, hiring plans at record low

5th Sep 2024 11:52

(Sharecast News) - There was a surge in layoff announcements at US companies last month, while hiring plans were at their lowest ebb ever recorded, the results of a survey revealed.

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Friday preview: US non-farm payrolls, Berkeley Group Holdings in focus

5th Sep 2024 11:51

(Sharecast News) - All eyes at the end of the week will be on the US non-farm payrolls report for August, which may decide whether the Federal Reserve opts for a 25 or 50 basis point cut when its meets in two weeks' time.

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