News Archive

Dillistone Group warns of 'challenging' market environment, raises £300k

23rd Aug 2024 07:34

(Sharecast News) - Recruitment software supplier Dillistone Group warned on Friday that the market remained challenging and, if anything, had softened further in the second quarter and into Q3.

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Hiscox appoints interim chair after Bloomer dies in Bayesian sinking

23rd Aug 2024 07:33

(Sharecast News) - Hiscox said on Friday that it had appointed senior independent director Colin Keogh as interim chair following the death of Jonathan Bloomer earlier in the week.

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London pre-open: Stocks seen up ahead of Powell speech

23rd Aug 2024 07:30

(Sharecast News) - London stocks were set to gain at the open on Friday as investors eyed a speech by Federal Reserve chairman Jerome Powell at Jackson Hole.

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Friday newspaper round-up: Energy bills, listing rules, aircraft deliveries

23rd Aug 2024 07:23

(Sharecast News) - Households will begin the run-up to winter with a sharp increase in their energy bills after the industry regulator increased its cap on energy prices by 9.5% from October. Under the new price cap, the average annual energy bill will rise to £1,717 a year for gas and electricity, up £149 from its current level of £1,568, which has been in place since July. The price cap is set every quarter by Ofgem, the energy regulator for Great Britain, and imposes a maximum on how much suppliers can charge their 29 million household customers per unit of gas and electricity. - Guardian

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Evoke expands Romanian operation with Winner.ro acquisition

23rd Aug 2024 07:20

(Sharecast News) - William Hill owner Evoke announced the acquisition of New Gambling Solutions (NGS on Friday, which operates Winner.ro, Romania's seventh-largest online betting and gaming platform.

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US close: Stocks pull back ahead of Jackson Hole event

22nd Aug 2024 22:16

(Sharecast News) - US stocks declined on Thursday as risk appetite was scaled back ahead of Federal Reserve chair Jerome Powell's hotly anticipated speech at the Jackson Hole economic symposium in Wyoming.

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Europe close: Stocks rise on rate-cut hopes after ECB minutes

22nd Aug 2024 16:59

(Sharecast News) - The Stoxx 600 gained on Thursday despite a barrage of mixed economic data, with the stocks resuming their recent rally on rising hopes that central banks in Europe and the US will move to cut interest rates in September.

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Broker tips: Admiral, Derwent London, Segro

22nd Aug 2024 15:46

(Sharecast News) - Jefferies upgraded Admiral on Thursday to 'hold' from 'underperform' and lifted its price target on the stock to 3,025.0p from 2,300.0p as it upped its earnings per share forecasts.

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Director dealings: Big Technologies CEO raises stake

22nd Aug 2024 15:36

(Sharecast News) - Big Technologies revealed on Thursday that chief executive Sara Murray had acquired 100,000 ordinary shares in the AIM-listed technology firm.

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London close: Stocks mixed as investors look to Jackson Hole

22nd Aug 2024 15:31

(Sharecast News) - London's stock markets closed on a mixed note Thursday, as traders remained cautious ahead of a speech from Federal Reserve chair Jerome Powell.

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US existing home sales rebound, snap four months of declines

22nd Aug 2024 15:21

(Sharecast News) - Existing home sales in the US rebounded slightly in July after a sharp drop the previous month, according to data out on Thursday from the National Association of Realtors.

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US open: Stocks mixed as traders await Powell's Jackson Hole speech

22nd Aug 2024 15:07

(Sharecast News) - Wall Street stocks were mixed early on Thursday as traders continued to await comments from Federal Reserve chairman Jerome Powell.

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Peloton shares bounce after first quarterly growth in two years

22nd Aug 2024 14:41

(Sharecast News) - Shares in Peloton Interactive raced ahead on Thursday after the struggling connected exercise equipment maker reported its first quarter of rising sales in more than two years.

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Boston Fed president Collins signals her support for rate cuts

22nd Aug 2024 14:39

(Sharecast News) - Boston Federal Reserve president Susan Collins suggested on Thursday that it would soon be appropriate for the Fed to initiate a cycle of interest rate cuts, indicating her likely support for a rate reduction at the central bank's upcoming policy meeting.

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FTSE 250 movers: Hays, Derwent London and Bank of Georgia in demand

22nd Aug 2024 13:34

(Sharecast News) - The second-tier index was edging higher on Thursday with Hays, Derwent London and Bank of Georgia providing a lift, offsetting weakness among ex-dividend stocks.

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