News Archive
Oncology 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.
Read moreUS pre-open: Futures higher ahead of Fed decision
31st Jul 2024 11:58
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as investors await the outcome of the Federal Reserve Bank's latest interest rate policy meeting.
Read moreEndeavour to return $435m to shareholders over next two years
31st Jul 2024 11:44
(Sharecast News) - Africa-focused gold miner Endeavour Mining said on Wednesday that it would payout no less than $435.0m via dividend payments over the next two years as it revealed it remained on track to deliver full-year production at costs near the top end of guidance.
Read morePicton Property reports stable net asset value
31st Jul 2024 11:41
(Sharecast News) - Picton Property Income reported a stable net asset value of £524.1m for the quarter ended 30 June on Wednesday, a slight decrease from £524.5m in the prior three months.
Read moreEurope midday: Stoxx holds despite rise in EZ inflation
31st Jul 2024 11:33
(Sharecast News) - European shares held gains on Wednesday as investors digested an unexpected rise in eurozone inflation and looked ahead to rate decisions from the US and UK amid another dump of corporate earnings.
Read moreDuPont hikes guidance as semiconductor demand drives strong Q2 beat
31st Jul 2024 11:20
(Sharecast News) - Shares in DuPont de Nemours were rising strongly in pre-market trade on Wednesday after the American chemicals company beat both profit and revenue estimates in its second quarter, and raised its full-year projections.
Read moreLondon midday: Stocks maintain gains ahead of Fed
31st Jul 2024 10:52
(Sharecast News) - London stocks were still firmly in the black by midday on Wednesday, underpinned by strength in the mining and energy sectors, as investors eyed the latest policy announcement from the US Federal Reserve.
Read moreJPMorgan ups Spectris to 'neutral', says risk/reward more balanced
31st Jul 2024 10:51
(Sharecast News) - JPMorgan Cazenove upgraded Spectris on Wednesday to 'neutral' from 'underweight' and lifted the price target to 2,950p from 2,750p as it said the risk/reward was now more balanced.
Read moreAsia report: Markets rally as BoJ hikes interest rates
31st Jul 2024 10:51
(Sharecast News) - Asia-Pacific markets experienced a robust rally on Wednesday, with significant gains across major indices as investors reacted to central bank decisions and economic data from China.
Read moreRicardo ends financial year with strong momentum
31st Jul 2024 10:36
(Sharecast News) - Shares in Ricardo were advancing on Wednesday the environmental and engineering consultancy said it saw a recovery in profitability in the second half, and has entered the new financial year in a strong position.
Read moreEurozone inflation rises unexpectedly to 2.6%
31st Jul 2024 10:32
(Sharecast News) - Eurozone prices increased marginally faster than anticipated in July, a development that might cause the European Central Bank (ECB) to reconsider its plans for further rate reductions.
Read moreShaftesbury Capital reports robust first-half leasing activity
31st Jul 2024 10:30
(Sharecast News) - Shaftesbury Capital reported a 1.6% increase in EPRA net tangible assets per share to 193.4p in its half-year report on Wednesday, up from 190.3p at the end of 2023.
Read moreASML surges on report US will exempt allies from China chip restrictions
31st Jul 2024 10:16
(Sharecast News) - Dutch chip equipment maker ASML surged on Wednesday following a report it will be exempt from new US rules on foreign chip equipment exports.
Read moreGerman unemployment rises more than expected in July
31st Jul 2024 10:01
(Sharecast News) - German unemployment rose more than expected in July, according to the Bundesagentur für Arbeit, as Germany's economy continues to struggle to recover from heightened energy costs, weak global orders and all-time high interest rates.
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