News Archive
Thursday preview: Global PMIs, ECB minutes in focus
21st Aug 2024 12:27
(Sharecast News) - The market spotlight on Thursday would be on a raft of preliminary survey results for manufacturing and services in the month of August due out in the UK, euro area and US.
Read moreMattioli Woods acquistion gets NS&I Act approval
21st Aug 2024 12:16
(Sharecast News) - Mattioli Woods announced on Wednesday that its acquisition by Tiger Bidco, a subsidiary of investment vehicles advised by Pollen Street Capital, had passed a significant regulatory milestone.
Read moreFCA tells insurers to better ensure they deliver consumer value
21st Aug 2024 11:49
(Sharecast News) - The Financial Conduct Authority (FCA) issued a warning to insurers and brokers on Wednesday, urging them to ensure that their products provided fair value and good outcomes for customers.
Read moreJames Latham confident despite slip in revenue
21st Aug 2024 11:25
(Sharecast News) - Timber and panel products distributor James Latham said in an update on Wednesday that its revenue for the first four months of the financial year totalled £127m, slightly down from £128m in the same period last year.
Read moreCanaccord Genuity lowers target price on Agronomics
21st Aug 2024 11:23
(Sharecast News) - Analysts at Canaccord Genuity lowered their target price on agriculture investment business Agronomics from 20.0p to 17.5p on Wednesday after the group's latest net asset value update showed a modest reduction its NAV/share ratio.
Read moreTarget surges after Q2 beat, profit upgrade
21st Aug 2024 11:21
(Sharecast News) - Target shares surged on Wednesday after the US retailer posted better-than-expected second-quarter earnings and lifted its annual profit outlook.
Read moreEurope midday: Stoxx rallies ahead of Fed minutes; Mobico motors
21st Aug 2024 11:08
(Sharecast News) - European stocks rallied on Wednesday as investors eyed the release of minutes from the US Federal Reserve for commentary on inflation and interest rate prospects.
Read moreChina launches probe into EU dairy subsidies
21st Aug 2024 11:08
(Sharecast News) - China launched an anti-subsidy investigation into dairy products imported from the European Union on Wednesday, intensifying trade tensions between Beijing and Brussels.
Read moreWatkin Jones shares drop 30% on profit warning, future outlook
21st Aug 2024 10:51
(Sharecast News) - London-listed Watkin Jones lost almost a third of its market value on Wednesday after the residential property manager and developer delivered a profit warning and projected a slower-than-expected market recovery.
Read moreUS pre-open: Stock futures higher ahead of Fed minutes
21st Aug 2024 10:51
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Wednesday as market participants looked ahead to minutes from the Federal Reserve's July policy meeting and a key speech from chairman Jerome Powell later in the week.
Read moreAngling Direct H1 revenues grow on strong UK performance
21st Aug 2024 10:50
(Sharecast News) - Fishing tackle and equipment retailer Angling Direct said on Wednesday that revenues had grown in the six months ended 31 July, leaving it confident of its ability to meet full-year consensus expectations.
Read moreLondon midday: Stocks edge up as miners rally
21st Aug 2024 10:43
(Sharecast News) - London stocks had ticked a little further into the black by midday on Wednesday, helped along by a solid performance from the mining sector, as investors mulled borrowing figures and looked ahead to the release of the latest Federal Reserve minutes.
Read moreEco Buildings raises £450k via subscription
21st Aug 2024 10:21
(Sharecast News) - Modular housing company Eco Buildings Group said on Wednesday that it had raised up £450,000 from new and existing shareholders via a subscription of 4.50m new ordinary shares.
Read moreNexxen International strikes ACR data deal with The Trade Desk
21st Aug 2024 10:01
(Sharecast News) - Advertising technology platform Nexxen International said on Wednesday that its recognition data was now available on The Trade Desk.
Read moreWaitrose to open 100 new convenience stores in £1bn investment drive
21st Aug 2024 09:46
(Sharecast News) - UK high-end supermarket chain Waitrose its ramping up its brand investment plans, injecting £1bn to open up to 100 convenience shops and upgrade a number of existing supermarkets over the next five years.
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