News Archive
US close: Stocks sharply lower as recession fears resurface
1st Aug 2024 21:29
(Sharecast News) - Wall Street stocks closed sharply lower on Thursday as recessionary fears resurfaced.
Read moreIAG abandons pursuit of Air Europa
1st Aug 2024 17:04
(Sharecast News) - British Airways and Iberia owner IAG said on Thursday that it had terminated its agreement to buy Air Europa as it would not be in the best interests of shareholders "in the current regulatory environment".
Read moreLondon close: Stocks slide as Bank of England trims rates
1st Aug 2024 16:09
(Sharecast News) - London's stock markets ended the day in negative territory on Thursday, as investors digested the Bank of England's decision to cut interest rates for the first time in four years.
Read moreDirector dealings: Everyman Media director raises stake
1st Aug 2024 15:16
(Sharecast News) - Everyman Media revealed on Thursday that non-executive director Michael Rosehill had acquired 750,000 ordinary shares in the AIM-listed cinema group.
Read moreUS open: Stocks mixed as Powell opens the door for potential September rate cut
1st Aug 2024 14:54
(Sharecast News) - Major indices were mixed early on Thursday as comments from Federal Reserve chairman Jerome Powell and earnings from social media giant Facebook's parent company were firmly in focus.
Read moreISM factory PMI slips again in July
1st Aug 2024 14:52
(Sharecast News) - A downturn in US factory sector activity accelerated a bit last month, the results of a closely followed survey showed.
Read moreSector movers: Banks pace declines as rate cycle shifts
1st Aug 2024 14:34
(Sharecast News) - Lenders paced losses on the FTSE 350 with NatWest Group and HSBC leading decliners.
Read moreEurope close: Middle East tensions, economic worries hit stocks
1st Aug 2024 14:33
(Sharecast News) - European stocks finished with steep losses and at the session's lows as geopolitical tensions and economic worries stoked concerns.
Read moreFTSE 100 movers: Rolls-Royce rallies on results; airlines fly lower
1st Aug 2024 13:47
(Sharecast News) - London's FTSE 100 was flat at 8,371.01 in afternoon trade on Thursday after the Bank of England cut rates for the first time in four years and amid an avalanche of corporate news.
Read moreWeekly US jobless claims rise by more than expected
1st Aug 2024 13:35
(Sharecast News) - Tightness in the US jobs market eased a bit further during the preceding week.
Read moreFTSE 250 movers: Coats Group surges; Pets at Home falls
1st Aug 2024 13:31
(Sharecast News) - London's FTSE 250 closed down 0.7% at 21,459.23 on Thursday.
Read moreUS Q2 non-farm productivity caps increase in unit labour costs
1st Aug 2024 13:15
(Sharecast News) - US labour productivity outpaced economists' forecasts during the second quarter, reducing unit costs.
Read moreVolkswagen shares slip as it extends cost-cutting programme
1st Aug 2024 12:59
(Sharecast News) - Volkswagen shares declined on Thursday, after the German carmaker announced it would extend its cost-cutting measures beyond the second half of 2024.
Read moreAnheuser-Busch InBev posts H1 earnings beat, revenue miss
1st Aug 2024 12:59
(Sharecast News) - Beer giant Anheuser-Busch InBev said on Thursday that interim underlying earnings had come in ahead of analysts' expectations despite reporting revenues that fell short of estimates.
Read moreBMW profit margin narrows on China weakness
1st Aug 2024 12:51
(Sharecast News) - BMW reported a decline in its automotive segment's profit margin for the second quarter on Thursday, driven by increased competition and weakening demand in China, a crucial market for the German carmaker.
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