News Archive
US close: Dow Jones sheds more than a thousand points amid recession fears
5th Aug 2024 22:23
(Sharecast News) - Wall Street stocks closed sharply lower on Monday amid fears that a potential US recession may be on the horizon.
Read moreEurope close: Stocks pummeled as global carry trade continues to unwind
5th Aug 2024 19:04
(Sharecast News) - European shares were sharply lower again at the start of the week, although the selling did abate a bit and appeared to be centred on some of the most popular 'carry trades' globally, including US tech giant Nvidia shares or Bitcoin.
Read moreLondon close: Stocks slide amid big global selloff
5th Aug 2024 16:46
(Sharecast News) - London's stock markets ended sharply lower on Monday, as part of a broader global market downturn.
Read moreUS services PMI rises to 51.4 in July
5th Aug 2024 15:54
(Sharecast News) - The Institute for Supply Management's services purchasing managers index rose to 51.4 in July, up from the more than four-year low of 48.8 recorded in June and ahead of market expectations for a reading of 51.
Read moreDirector dealings: Wizz Air CEO makes share purchase
5th Aug 2024 15:47
(Sharecast News) - Wizz Air revealed on Monday that chief executive Jozsef Varadi had acquired 10,000 ordinary shares in FTSE 250-listed low-cost carrier.
Read moreBroker tips: Serco, Ecora Resources
5th Aug 2024 15:39
(Sharecast News) - JPMorgan Cazenove reinstated coverage on Serco on Monday with an 'overweight' rating and a target price of 215.0p.
Read moreUS open: Stocks sharply lower amid recession fears
5th Aug 2024 14:44
(Sharecast News) - Wall Street stocks were firmly in the red early on Monday amid fears that a potential US recession may be on the horizon.
Read moreFTSE 250 movers: Wood Group tanks as Sidara walks away; Clarksons down on results
5th Aug 2024 14:25
(Sharecast News) - London's FTSE 250 was 2.3% lower at 20,248.72 in afternoon trade on Monday.
Read moreMindflair invests £0.3m in Sure Ventures
5th Aug 2024 14:22
(Sharecast News) - Mindflair announced a £0.3m investment to acquire 315,790 new shares in Sure Ventures (SV) on Monday, for 95p each, increasing its stake in SV to 23.8% from 20.5%.
Read moreFTSE 100 movers: Defensives eke out some gains amid heavy selloff
5th Aug 2024 14:21
(Sharecast News) - London's FTSE 100 was down 2.3% at 7,985.98 in afternoon trade on Monday, suffering its worst session in more than a year.
Read moreUS pre-open: Futures sharply lower amid recession fears, tech sell-off
5th Aug 2024 12:55
(Sharecast News) - Wall Street futures were firmly in the red ahead of the bell on Monday amid fears that a potential US recession may be on the horizon.
Read moreDestiny Pharma reports positive findings from XF-73 study
5th Aug 2024 12:39
(Sharecast News) - Clinical-stage biotechnology company Destiny Pharma announced new data on its lead drug, exeporfinium chloride (XF-73), on Monday.
Read moreHargreaves Lansdown extends takeover deadline again
5th Aug 2024 12:28
(Sharecast News) - Hargreaves Lansdown said on Monday that it has once again extended the deadline for a consortium led by CVC Advisers and the Abu Dhabi Investment Authority to make a firm offer for the investment platform.
Read moreBioNTech losses more-than-quadruple in second quarter
5th Aug 2024 12:09
(Sharecast News) - German pharmaceutical company BioNTech reported a sharp increase in losses for its second quarter on Monday, as it pivoted away from its Covid-19 vaccine business towards cancer drug development.
Read moreCapital Metals reports progress at Eastern Minerals Project
5th Aug 2024 12:03
(Sharecast News) - Capital Metals, a mineral sands company nearing the mine development stage for its high-grade Eastern Minerals Project in Sri Lanka, announced a number of significant updates on Monday.
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