News Archive
US open: Major indices trade higher ahead of Fed interest rate decision
31st Jul 2024 14:58
(Sharecast News) - Major indices were in the green early on Wednesday as investors awaited the outcome of the Federal Reserve Bank's latest interest rate policy meeting.
Read moreChicago PMI falls from seven-month high in July
31st Jul 2024 14:56
(Sharecast News) - The Chicago purchasing managers index fell to 45.3 in July, according to the Institute for Supply Management.
Read moreFTSE 250 movers: Rathbones gains; Wood Group slips
31st Jul 2024 14:42
(Sharecast News) - FTSE 250 (MCX) 21,549.73 0.55%
Read moreUS pending home sales rise for first time in three months
31st Jul 2024 13:22
(Sharecast News) - US pending home sales rose in June for the first time in the last three months, according to the National Association of Realtors, driven by an improvement in supply and a slight moderation in mortgage rates.
Read moreUS mortgage applications register steepest decline in nearly two months
31st Jul 2024 13:21
(Sharecast News) - US mortgage applications fell 3.9% in the fourth week of July, according to the Mortgage Bankers Association, extending the prior week's 2.2% drop to record the steepest weekly decline in almost two months.
Read moreIQE planning to float minority stake in Taiwan subsidiary
31st Jul 2024 12:49
(Sharecast News) - Compound semiconductor wafer and advanced material specialist IQE announced its intention to pursue an initial public offering (IPO) for its Taiwanese operating subsidiary IQE Taiwan on the Taiwan Stock Exchange (TWSE) on Wednesday.
Read moreCiti upgrades LondonMetric to 'buy'
31st Jul 2024 12:48
(Sharecast News) - Citi upgraded LondonMetric on Wednesday to 'buy' from 'neutral' as it said cyclical growth and structural expertise was undervalued.
Read moreGreatland Gold reports recent progress at Havieron
31st Jul 2024 12:46
(Sharecast News) - Greatland Gold reported significant progress in the development of its Havieron project during the June quarter on Wednesday, alongside outlining an extensive exploration program for the 2025 financial year.
Read moreGlobalData upbeat on first half results
31st Jul 2024 12:39
(Sharecast News) - Data, analytics, and insights specialist GlobalData reported a solid set of first-half results on Wednesday, highlighted by an 8% increase in adjusted EBITDA to £57.8m, driving an improved EBITDA margin of 41%, up from 39% in the first half of 2023.
Read moreBoeing posts wider-than-expected loss, names new CEO
31st Jul 2024 12:35
(Sharecast News) - Boeing reported a wider-than-expected loss for its second quarter on Wednesday, as ongoing challenges in both its commercial and defence divisions led to weaker-than-anticipated financial results.
Read moreRestore reports steady first-half performance
31st Jul 2024 12:27
(Sharecast News) - Information management and lifecycle solutions provider Restore reported a steady first-half financial performance on Wednesday, with group revenue remaining largely unchanged at £139.4m, compared to £139.6m in the same period last year.
Read moreJames Halstead flags record full-year record profits
31st Jul 2024 12:25
(Sharecast News) - Commercial flooring manufacturer and distributor James Halstead said in an update on Wednesday that it expected to report record profit before tax for the year ended 30 June, in line with upwardly-revised market expectations.
Read moreJames Halstead flags record full-year record profits
31st Jul 2024 12:21
(Sharecast News) - Commercial flooring manufacturer and distributor James Halstead said in an update on Wednesday that it expected to report record profit before tax for the year ended 30 June, in line with upwardly-revised market expectations.
Read moreOncology revenue drives first-half growth for Hutchmed
31st Jul 2024 12:16
(Sharecast News) - Hutchmed China reported a robust set of first-half financial results on Wednesday, underpinned by significant growth in oncology product revenue and a solid cash position to support ongoing expansion.
Read moreThursday preview: BoE rate decision, BAE Systems in focus
31st Jul 2024 12:07
(Sharecast News) - Investors' focus on Thursday will be squarely on an anticipated interest rate reduction by the Bank of England.
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