News Archive
Ted Baker owner Authentic strikes deal to relaunch brand online
28th Aug 2024 07:52
(Sharecast News) - Ted Baker's owner and retail conglomerate Authentic Brands Group has announced a deal with its US partner to relaunch the brand as a pure-play online retailer later this year after its final bricks-and-mortar stores closed this week.
Read moreEurope open: Shares up as all eye turn to Nvidia earnings
28th Aug 2024 07:38
(Sharecast News) - European markets opened higher on Wednesday as the financial world held its breath ahead of earnings from US chip maker Nvidia.
Read moreLondon pre-open: Stocks seen up ahead of Nvidia earnings
28th Aug 2024 07:32
(Sharecast News) - London stocks were set to rise at the open on Wednesday following a positive close on Wall Street, as investors eyed results from Nvidia.
Read moreGem Diamonds finds 130-carat stone in Lesotho
28th Aug 2024 07:29
(Sharecast News) - Shares in Gem Diamonds were given a boost on Wednesday after the Southern Africa-focused diamond miner announced the recovery of another giant gemstone from its Letšeng mine.
Read moreWednesday newspaper round-up: Water companies, Hargreaves Lansdown, Klarna
28th Aug 2024 07:24
(Sharecast News) - Water companies will struggle to raise the billions of pounds needed to clear Britain's waterways and fix its creaking infrastructure under the regulator's plan to keep a lid on rising water bills, the industry will warn. The water sector's trade association is expected to warn the industry regulator that its proposals to cap the steady rise in household bills by curbing water company spending may drive away the investors needed for a multibillion-pound overhaul of water infrastructure. - Guardian
Read moreGSK upbeat on Zantac litigation development, Japan approvals
28th Aug 2024 07:18
(Sharecast News) - GSK announced a number of developments on Wednesday, firstly welcoming a decision from the Delaware Supreme Court to review a lower court ruling that allowed the introduction of expert evidence in the ongoing litigation over 'Zantac', or ranitidine.
Read moreWood Group agrees sale of EthosEnergy, CEC Controls for $165m
28th Aug 2024 07:16
(Sharecast News) - Wood Group said on Wednesday that it has agreed the sale of two businesses for around $165m as part of its programme to dispose of non-core businesses.
Read moreHochschild keeps targets after strong H1, hints at capital return next year
28th Aug 2024 07:14
(Sharecast News) - Americas-focused precious metals producer Hochschild Mining has reiterated its output guidance despite operations at its newly opened Mara Rosa mine running slowly, as it swung into profit for the first half on the back of rising commodity prices, lower costs and a reduction in impairment charges.
Read morePrudential maintains profit targets after "resilient" first half
28th Aug 2024 07:12
(Sharecast News) - Insurance giant Prudential said it is on track to hit its medium-term profit targets after a solid first half, and announced an acceleration in sales momentum since the period-end.
Read moreFrasers takes 14.65% stake in Australia's Accent Group
28th Aug 2024 07:02
(Sharecast News) - Frasers Group said it had taken a 14.65% stake in Accent Group, a retail and distribution business in Australia and New Zealand's performance and lifestyle market.
Read moreUS close: Stocks inch higher ahead of Nvidia earnings, Dow sets another record
27th Aug 2024 22:34
(Sharecast News) - US stocks recovered some lost ground in afternoon trade to close marginally higher, with the Dow Jones Industrial Average eking out another record high, though gains were only modest as investors cautiously awaited the latest earnings report from semiconductor giant Nvidia.
Read moreDirector dealings: Kazera Global chairman raises stake
27th Aug 2024 16:25
(Sharecast News) - Kazera Global revealed on Tuesday that chairman John Wardle had acquired 9.5m ordinary shares in the AIM-listed investment company.
Read moreBroker tips: Bunzl, AB Foods, Flutter
27th Aug 2024 16:02
(Sharecast News) - Bunzl shares surged to an all-time high on Tuesday after a stronger-than-expected set of half-year results and a new share buyback programme, but that wasn't enough to change Jefferies' negative view on the stock.
Read moreLondon close: Stocks mixed on return from long weekend
27th Aug 2024 15:58
(Sharecast News) - London's financial markets closed with a mixed performance on Tuesday, with Bunzl underpinning gains on the top-flight index after upgrading its full-year outlook.
Read moreEurope close: Markets mostly higher, luxury stocks fall in Paris
27th Aug 2024 15:49
(Sharecast News) - After a brief stint in negative territory, European stocks inched higher on Tuesday with the Stoxx 600 resuming its recent upward trajectory, though gains were only modest.
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