News Archive

Petrofac gets extension on senior note forbearance agreement

23rd Aug 2024 11:35

(Sharecast News) - Energy services company Petrofac announced an extension of its existing forbearance agreement for the non-payment of interest on its senior secured notes on Friday.

Read more

US pre-open: Futures trade higher ahead of Jackson Hole

23rd Aug 2024 11:25

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.

Read more

US pre-open: Futures trade higher ahead of Jackson Hole

23rd Aug 2024 11:25

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday as market participants strapped in for a day packed full of speeches from Federal Reserve bankers.

Read more

Europe midday: Stocks extend gains ahead of Jackson Hole

23rd Aug 2024 10:41

(Sharecast News) - European stocks had extended gains by midday on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.

Read more

London midday: Stocks maintain gains ahead of Powell speech

23rd Aug 2024 10:41

(Sharecast News) - London stocks had maintained gains by midday on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.

Read more

Berenberg initiates coverage on Smiths Group at 'hold'

23rd Aug 2024 10:21

(Sharecast News) - Analysts at Berenberg initiated coverage on diversified engineering business Smiths Group with a 'hold' rating and 1,757.0p target price on Friday, stating the firm's diversification provides some relative earnings resilience but reckons stronger performance exists elsewhere in the sector.

Read more

Corero Network Security strikes new channel partnerships in Latin America

23rd Aug 2024 10:16

(Sharecast News) - DDoS protection solutions provider Corero Network Security has struck new channel partnerships in Latin America, extending its sales footprint and generating its first new customer win in the area.

Read more

Corero Network Security strikes new channel partnerships in Latin America

23rd Aug 2024 10:16

(Sharecast News) - DDoS protection solutions provider Corero Network Security has struck new channel partnerships in Latin America, extending its sales footprint and generating its first new customer win in the area.

Read more

UK household energy bills to rise 10pc in October

23rd Aug 2024 09:46

(Sharecast News) - UK household energy bills will rise by £149 in October as part of industry watchdog Ofgem's new price cap.

Read more

Ofwat confirms Thames Water actions after firm's credit downgrade

23rd Aug 2024 09:40

(Sharecast News) - Water regulator Ofwat confirmed the immediate implementation of new measures on Friday, to address Thames Water's recent loss of its investment-grade credit ratings.

Read more

Asia report: Markets mixed ahead of Jackson Hole symposium

23rd Aug 2024 08:57

(Sharecast News) - Asia-Pacific markets showed a mixed performance on Friday, as investors awaited remarks from US Federal Reserve chairman Jerome Powell at the Jackson Hole economic symposium later in the global day.

Read more

Direct Line finds miscalculation in 2023 Solvency Capital Ratio

23rd Aug 2024 08:51

(Sharecast News) - Direct Line Insurance Group announced a correction to its previously-reported Solvency Capital Ratio (SCR) for the year ending 2023 on Friday, after it identified a miscalculation.

Read more

Nestle announces CEO departure, shares slump

23rd Aug 2024 08:42

(Sharecast News) - Nestle slumped on Friday as it announced the departure of chief executive Mark Schneider, who will be replaced by Laurent Freixe.

Read more

Europe open: Stocks gain ahead of Powell's Jackson Hole speech

23rd Aug 2024 07:43

(Sharecast News) - European stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chair Jerome Powell for further clues on the timing of rate cuts.

Read more

London open: Stocks rise as investors eye Powell speech

23rd Aug 2024 07:42

(Sharecast News) - London stocks rose in early trade on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.

Read more