News Archive
Shore Capital stays positive on JD Sports despite profit warning
21st Nov 2024 14:49
(Sharecast News) - Shares in JD Sports Fashion tumbled on Thursday after the sportswear retailer disappointed with its profit guidance, but it wasn't enough to change Shore Capital's 'buy' rating on the stock with the broker citing an undemanding valuation.
Read moreFTSE 100 movers: Halma rallies; JD Sports slumps on profit warning
21st Nov 2024 14:43
(Sharecast News) - London's FTSE 100 was up 0.6% at 8,133.60 in afternoon trade on Thursday.
Read moreECR Minerals conditionally agrees sale of surplus land
21st Nov 2024 14:25
(Sharecast News) - ECR Minerals announced the conditional acceptance of an offer worth AUD 0.23m (£0.12m) for the sale of surplus land at Brewing Lane, Springmount, in the Australian state of Victoria on Thursday.
Read moreTemu owner PDD misses Q3 estimates as sales growth slows
21st Nov 2024 13:36
(Sharecast News) - US-listed shares of Chinese ecommerce giant PDD Holdings dropped sharply on Thursday after the owner of online marketplace Temu undershot market estimates with its lowest quarterly revenue growth in two years.
Read moreUS jobless claims unexpectedly fall to 213,000
21st Nov 2024 12:58
(Sharecast News) - Americans lined up for unemployment benefits at a decelerated pace in the week ended 16 November, according to the Department of Labor.
Read moreNovartis boosts mid-term sales guidance
21st Nov 2024 12:47
(Sharecast News) - Novartis boosted its mid-term guidance on Thursday, on the back of upcoming drug launches and "strong" growth momentum across existing products.
Read moreAdani shares plummet on US bribery charges
21st Nov 2024 12:38
(Sharecast News) - Shares in Adani companies plunged on Thursday, after US prosecutors indicted billionaire founder Gautam Adani, one of the world's richest men.
Read moreDeere & Co reports big drop in Q4 profits, but smashes forecasts
21st Nov 2024 12:24
(Sharecast News) - Agricultural machinery and industrial equipment giant Deere & Co reported a big decline in fourth-quarter profits but still managed to smash forecasts, helping to overshadow disappointing guidance on next year's earnings.
Read moreFactory owners upbeat despite output slide
21st Nov 2024 11:46
(Sharecast News) - British manufacturers expect conditions to improve in the coming months, a long-running survey showed on Thursday, despite seeing a slide in output in November.
Read moreEurope midday: Shares nudge ahead despite Russia ICBM report
21st Nov 2024 11:28
(Sharecast News) - European shares nudged into positive territory at lunchtime, as investors eyed reports that Russia had fired an intercontinental ballistic into Ukraine as tensions increased.
Read moreBerenberg lowers target price on Liontrust following H1 results
21st Nov 2024 11:22
(Sharecast News) - Analysts at Berenberg lowered their target price on Liontrust Asset Management from 625.0p to 500.0p on Thursday but said the group was still "well positioned for when markets turn".
Read moreUS pre-open: Futures higher following Nvidia Q3 earnings
21st Nov 2024 11:21
(Sharecast News) - Wall Street futures were in the green ahead of the open on Thursday as market participants thumbed over Q3 earnings from tech giant Nvidia.
Read moreLondon midday: Stocks push higher as investors mull borrowing data, Nvidia results
21st Nov 2024 10:57
(Sharecast News) - London stocks had popped into the black by midday on Thursday as investors mulled third-quarter results from US tech giant Nvidia and the latest UK borrowing figures.
Read moreNine water firms banned from using customer bills to fund bonuses
21st Nov 2024 10:47
(Sharecast News) - Nine water companies have been banned from using customer money to fund "undeserved" bonuses for bosses, the regulator announced on Thursday.
Read moreJefferies sees downside risk at Auction Technology Group
21st Nov 2024 10:46
(Sharecast News) - Jefferies has kicked off coverage of Auction Technology Group with an 'underperform' rating, saying it sees continued downward pressure on consensus forecasts.
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