News Archive
Barratt-Redrow merger one step closer to regulatory approval
21st Aug 2024 07:17
(Sharecast News) - The competition authority has announced that the allowances made by Barratt Developments and Redrow in order to pave way for regulatory approval may just be enough to get the green light.
Read moreUK borrowing higher than expected in July
21st Aug 2024 07:15
(Sharecast News) - Government borrowing was higher than expected in July, according to figures released on Wednesday by the Office for National Statistics.
Read moreMobico starts US school bus sale as H1 profits jump
21st Aug 2024 07:07
(Sharecast News) - Mobico shares surged by a fifth on Wednesday after the public transport operator started the sale process for its North American school bus business to cut debt and reported a jump in adjusted interim operating profit driven by positive demand and cost cuts.
Read moreUS close: Rally loses steam as investors nervously await Powell speech
20th Aug 2024 22:50
(Sharecast News) - US stocks inched lower on Tuesday, bringing Wall Street's longest winning streak of 2024 to a close with investors taking profits after eight straight days of gains for the S&P 500 and Nasdaq.
Read moreUBS downgrades Segro, cites weaker outlook for logistics rental growth
20th Aug 2024 17:22
(Sharecast News) - UBS downgraded Segro on Tuesday to 'neutral' from 'buy' and cut the price target to 985p from 1,045p due to a weaker outlook for logistics rental growth.
Read moreEurope close: Investors take profits after five days of gains
20th Aug 2024 16:53
(Sharecast News) - After an initial positive start, European stock markets dropped into the red on Tuesday afternoon as the five-day winning streak for the Stoxx 600 came to an abrupt end ahead of a pivotal week for financial markets.
Read moreSector movers: Big Oil proves biggest drag amid demand concerns
20th Aug 2024 16:30
(Sharecast News) - Big Oil was the biggest drag on the FTSE 350 amid concern about global oil demand.
Read moreWednesday preview: Fed meeting minutes, UK public sector net borrowing in focus
20th Aug 2024 15:58
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Read moreLondon close: Stocks finish lower as oil prices retreat
20th Aug 2024 15:33
(Sharecast News) - London's stock markets ended the day in negative territory on Tuesday, pressured by declines in energy stocks as oil prices fell.
Read moreBroker tips: Judges Scientific, Serco
20th Aug 2024 15:24
(Sharecast News) - Analysts at Berenberg hiked their target price on scientific instruments business Judges Scientific from 12,000.0p to 12,400.0p on Tuesday following the firm's acquisition of Teer Coatings holding company Magsputter.
Read moreDirector dealings: Audioboom chairman raises stake
20th Aug 2024 15:22
(Sharecast News) - Audioboom revealed on Tuesday that chairman Michael Tobin had acquired 5,000 ordinary shares in the AIM-listed podcast group.
Read moreUS open: Stocks lower as attention turns to Federal Reserve
20th Aug 2024 15:21
(Sharecast News) - Wall Street stocks were in the red early on Tuesday as investors turned their attention towards the Federal Reserve Bank.
Read moreFTSE 250 movers: Ocado, financial stocks pull mid-tier index lower
20th Aug 2024 14:23
(Sharecast News) - The FTSE 250 was trading 0.4% lower on Tuesday afternoon as gains in the mining and housebuilding sectors were outweighed by heavy falls from Ocado and a bunch of financial stocks.
Read moreGerman economy will avoid recession in Q3, Bundesbank predicts
20th Aug 2024 14:14
(Sharecast News) - The Bundesbank said on Tuesday that it expects the German economy to avoid a technical recession and return to growth in the third quarter of 2024, according to the central bank's monthly report for August.
Read moreFTSE 100 movers: BT hit as CityFibre strikes deal with Sky; Fresnillo shines
20th Aug 2024 14:07
(Sharecast News) - London's FTSE 100 was down 1% at 8,276.04 in afternoon trade on Tuesday.
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