News Archive
London midday: Stocks stay up as Bunzl surges
27th Aug 2024 11:05
(Sharecast News) - London stocks were still firmer by midday on Tuesday, with Bunzl surging ahead after a profit upgrade.
Read moreUS pre-open: Futures lower following Dow's record close
27th Aug 2024 11:01
(Sharecast News) - Wall Street futures were in the red ahead of the bell on Tuesday after the Dow Jones registered a fresh record close in the previous session.
Read moreJefferies keeps 'underperform' rating on Bunzl despite strong H1
27th Aug 2024 10:56
(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 moreDeutsche Bank downgrades Primark owner AB Foods to 'sell'
27th Aug 2024 10:23
(Sharecast News) - Associated British Foods slumped on Tuesday as Deutsche Bank downgraded its rating on shares of the Primark owner to 'sell' from 'hold' and cut the price target to 2,190p from 2,290p.
Read moreBridgepoint acquires Hobbycraft for undisclosed sum
27th Aug 2024 10:22
(Sharecast News) - Fund manager Bridgepoint Capital has disposed of British arts and crafts retailer Hobbycraft to investment group Modella Capital for an undisclosed sum.
Read moreRyanair no longer sees risk of double-digit average fare reductions
27th Aug 2024 10:13
(Sharecast News) - Budget carrier Ryanair said on Tuesday that it no longer sees a risk of average fares falling by double-digit percentages and that a more moderate 5% fall "looks reasonably accurate" for the all-important three months ending September.
Read moreBerenberg raises target price on Flutter following 'exceptional' Q2 results
27th Aug 2024 10:00
(Sharecast News) - Analysts at Berenberg raised their target price on bookmaker Flutter from 18,600.0p to 18,800.0p on Tuesday following the group's "exceptional" second-quarter results.
Read moreBronfman withdraws bid for Paramount, making way for Skydance deal
27th Aug 2024 09:45
(Sharecast News) - Edgar Bronfman Jr officially withdrew his bid to acquire Paramount Global on Tuesday, effectively clearing the way for Skydance Media to take control of the company.
Read moreWoodside Energy H1 interim profits slide
27th Aug 2024 09:40
(Sharecast News) - Exploration and production firm Woodside Energy shares advanced on Tuesday despite posting a decline in interim profits as a result of lower prices for liquefied gas.
Read moreAsia report: Most markets follow Wall Street lower
27th Aug 2024 09:08
(Sharecast News) - Asia-Pacific markets largely fell on Tuesday, mirroring losses in key US indices overnight and reflecting cautious investor sentiment as they assessed mixed economic data from China and ongoing geopolitical tensions.
Read moreEndeavour Mining settles spat with Lilium Gold, to receive $60m payment
27th Aug 2024 08:52
(Sharecast News) - Gold miner Endeavour Mining said on Tuesday that it will receive $60.0m from Lilium Gold as part of a settlement agreement brokered by the government of Burkino Faso for the disposal of its Boungou and Wahgnion mines.
Read moreHarbour Energy to complete Wintershall Dea acquisition earlier than expected
27th Aug 2024 08:31
(Sharecast News) - Harbour Energy surged on Tuesday after saying that its acquisition of the Wintershall Dea asset portfolio was set to complete earlier than expected.
Read moreLondon open: Stocks in the black; Bunzl surges on profit upgrade
27th Aug 2024 08:05
(Sharecast News) - London stocks rose in early trade on Tuesday as traders returned to their desks after the long weekend.
Read moreEurope open: Stocks rise despite mixed German data
27th Aug 2024 07:57
(Sharecast News) - European stock regained their upward momentum on Tuesday morning, with the Stoxx 600 index rising 0.2% despite some mixed data from economic powerhouse Germany.
Read moreLondon pre-open: Stocks seen up after long weekend
27th Aug 2024 07:39
(Sharecast News) - London stocks were set to rise at the open on Tuesday as traders returned to their desks after the Bank Holiday weekend.
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