News Archive

US new home sales jump in July

23rd Aug 2024 15:40

(Sharecast News) - Sales of newly-built homes jumped during the previous month.

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Director dealings: Bluejay Mining non executive director ups stake

23rd Aug 2024 15:33

(Sharecast News) - Bluejay Mining revealed on Friday that non-executive director Roderick McIllree had acquired 7.5m ordinary shares in the AIM-listed exploration and development company.

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London close: Stocks higher as investors digest Powell speech

23rd Aug 2024 14:33

(Sharecast News) - London markets closed in positive territory on Friday, as investors digested remarks from US Federal Reserve chairman Jerome Powell at the annual Jackson Hole economic symposium.

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US open: Stocks higher following Powell's Jackson Hole speech

23rd Aug 2024 14:26

(Sharecast News) - Wall Street stocks were firmly in the green early on Friday as market participants turned their attention to Federal Reserve chairman Jerome Powell's remarks at the central bank's Wyoming economic symposium.

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Sector movers: Cyclicals to the fore as Fed chief adopts forceful tone

23rd Aug 2024 14:18

(Sharecast News) - Cyclicals paced gains at the end of the week after Federal Reserve chief, Jerome Powell, confirmed that investors could expect a first interest rate cut for this cycle when rate-setters in the US next met.

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FTSE 100 movers: JD Sports rallies again; Melrose hit by downgrade

23rd Aug 2024 13:00

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,315.10 in afternoon trade on Friday.

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'The time has come', Fed's Powell says

23rd Aug 2024 12:31

(Sharecast News) - "The time has come for policy to adjust" the head of America's central bank said, an unmistakable signal that interest rates were set to start being reduced.

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Week ahead: US PCE inflation data, German IFO index in focus

23rd Aug 2024 12:29

(Sharecast News) - The outlook for inflation in the US would continue to be in focus during the last week of August.

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FTSE 250 movers: Direct Line in the red, Ithaca Energy rebounds

23rd Aug 2024 12:13

(Sharecast News) - The FTSE 250 remained just above the waterline in Friday afternoon trading as investors awaited Federal Reserve Chair Jerome Powell's speech at the Jackson Hole symposium.

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Thor posts strong first half, lowers full-year production guidance

23rd Aug 2024 12:08

(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.

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Thor posts strong first half, lowers full-year production guidance

23rd Aug 2024 12:08

(Sharecast News) - Gold explorers and miner Thor Explorations reported a solid first-half performance on Friday, although it lowered its full-year production guidance.

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Trinity delays publication of scheme document for its takeover

23rd Aug 2024 12:01

(Sharecast News) - Trinity Exploration & Production announced a delay in the publication of the scheme document related to its recommended cash acquisition by Lease Operators on Friday.

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Celadon confident in seeing through funding challenges

23rd Aug 2024 11:58

(Sharecast News) - Cannabis-based medicines specialist Celadon Pharmaceuticals updated the market on its financial position on Friday, amid ongoing challenges related to delays in expected funding.

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Sound Energy inks bridge finance deal ahead of SEME sale completion

23rd Aug 2024 11:53

(Sharecast News) - Sound Energy has entered into a bridge financing facility agreement for up to £1.5m, it announced on Friday.

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Revenue falls, profit improves for Anglo-Eastern Plantations

23rd Aug 2024 11:46

(Sharecast News) - Anglo-Eastern Plantations, a producer of palm oil and rubber with operations in Indonesia and Malaysia, reported first-half revenue of $166.7m in its interim results on Friday, down 4% from $173.4m in the same period last year.

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