News Archive

London close: Stocks finish higher as US inflation slows

26th Jul 2024 14:35

(Sharecast News) - London stocks ended the week on a positive note on Friday, with NatWest a standout performer, as investors digested a dip in inflation from across the pond.

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FTSE 250 movers: Drax powers ahead after results; Computacenter falls

26th Jul 2024 14:22

(Sharecast News) - London's FTSE 250 was 2% higher at 21,320.40 in afternoon trade on Friday.

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FTSE 100 movers: NatWest surges after results; Rightmove edges down

26th Jul 2024 14:01

(Sharecast News) - London's FTSE 100 was up 0.9% at 8,262.14 in afternoon trade on Friday.

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Europe midday: Stocks move into the black

26th Jul 2024 13:59

(Sharecast News) - European stocks were heading higher for the most part in early afternoon trading as investors reacted to just released key US inflation data.

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US personal incomes undershoot forecasts in June, inflation dips

26th Jul 2024 13:35

(Sharecast News) - Americans continued to spend at a steady pace in June while inflation slowed alongside.

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US pre-open: Futures trade higher ahead of PCE reading

26th Jul 2024 12:04

(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday ahead of the latest personal consumption expenditure reading - the Federal Reserve's preferred inflation gauge.

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3M comfortably beats expectations for Q2 revenue, earnings

26th Jul 2024 11:32

(Sharecast News) - American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.

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Law Debenture delivers 'solid' overall first-half performance

26th Jul 2024 11:31

(Sharecast News) - Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.

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GCP Infrastructure reports slight decrease in NAV per share

26th Jul 2024 11:25

(Sharecast News) - GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107.58p as at 30 June, a slight decrease from 107.62p at the end of March.

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Record reports 'solid start' to financial year

26th Jul 2024 11:18

(Sharecast News) - Specialist currency and asset manager Record reported an increase in assets under management for its first quarter on Friday.

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National Grid sells final 20pc interest in National Gas

26th Jul 2024 11:13

(Sharecast News) - National Grid announced the sale of its final 20% equity interest in National Gas to its current majority owners on Friday, consisting of a consortium of long-term infrastructure investors led by Macquarie Asset Management.

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Taylor Maritime reports solid quarterly NAV return

26th Jul 2024 11:11

(Sharecast News) - Taylor Maritime Investments reported an unaudited net asset value of $1.52 per share as of 30 June in its quarterly update on Friday, up from $1.48 at the end of March, representing a total return of 4.3% for the quarter.

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RBC Capital downgrades Lloyds after shares hit price target

26th Jul 2024 11:03

(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' after the shares hit its 60p price target.

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London midday: Stocks stay up as investors eye US inflation reading

26th Jul 2024 10:43

(Sharecast News) - London stocks were still in the black by midday on Friday, with NatWest pacing the gains after well-received results, as investors eyed a key US inflation reading.

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Keywords Studios confident of delivering 'good' revenue growth in 2024

26th Jul 2024 10:27

(Sharecast News) - Keywords Studios said on Friday that it remains confident in delivering "good" overall revenue growth in 2024, with the performance expected to be weighted to the second half.

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