News Archive

Europe open: Shares open higher on upbeat US, UK data; Nibe soars

16th Aug 2024 07:48

(Sharecast News) - European shares opened higher again as data from the US allayed fears of a potential recission, while upbeat retail sales figures in the UK also boosted sentiment.

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Biome Technologies launches heavily discounted placing, shares tank

16th Aug 2024 07:47

(Sharecast News) - Shares in bioplastics and radio frequency technology business Biome Technologies tanked early on Friday after the group launched a heavily discounted equity round in an effort to fight off liquidation.

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London open: Stocks edge down in quiet trade; retail sales in focus

16th Aug 2024 07:46

(Sharecast News) - London stocks edged lower in quiet trade early trade on Friday as investors mulled the latest UK retail sales data.

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US close: Stocks sharply higher following data deluge

16th Aug 2024 07:43

(Sharecast News) - Wall Street stocks closed sharply higher early on Thursday as investors digested a slew of data points.

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London pre-open: Stocks seen steady as investors mull retail sales

16th Aug 2024 07:28

(Sharecast News) - London stocks looked set for a steady open on Friday following solid gains in the previous session, as investors mulled the latest UK retail sales data.

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Friday newspaper round-up: Housing targets, WH Smith, Thurrock council

16th Aug 2024 07:20

(Sharecast News) - Angela Rayner has been warned that the government could risk missing its housing targets by placing too much emphasis on creating new towns across England. The deputy prime minister announced plans last month for the "largest housebuilding programme since the postwar period", kickstarted by the construction of a generation of new towns. - Guardian

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AstraZeneca's Imfinzi gets fresh approval in the US

16th Aug 2024 07:15

(Sharecast News) - AstraZeneca announced on Friday that the US Food and Drug Administration (FDA) has approved its drug durvalumab, branded Imfinzi, for the treatment of early-stage non-small cell lung cancer (NSCLC) in patients eligible for surgery.

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Retail sales bounce back in July, boosted by Euros and discounts

16th Aug 2024 07:14

(Sharecast News) - Retail sales bounced back in July, albeit a touch less than expected, according to figures released on Friday by the Office for National Statistics.

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GSK to seek dismissal of Zantac Florida case as court rejects testimony

16th Aug 2024 07:05

(Sharecast News) - UK pharma giant GSK has welcomed a US court ruling excluding expert testimony in the long-running Zantac lawsuit where the plaintiffs allege the heartburn drug caused cancer and said it would now ask for the case to be dismissed.

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Europe close: Stocks up as US data revive soft landing hopes

15th Aug 2024 18:58

(Sharecast News) - European stocks jumped on Thursday following the release of stronger-than-expected readings for US retail sales and weekly jobless claims that some economists said pointed to the likelihood of a soft landing in the States.

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London close: Stocks buoyed by solid economic data

15th Aug 2024 15:30

(Sharecast News) - London stocks ended Thursday on a positive note, buoyed by data confirming expected growth in the UK economy for the second quarter.

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Broker tips: DCC, FRP Advisory, Begbies Traynor

15th Aug 2024 15:20

(Sharecast News) - RBC Capital Markets upgraded DCC on Thursday to 'outperform' from 'sector perform' and lifted the price target to 5,800.0p from 5,700.0p following recent weakness.

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Director dealings: Genedrive chairman snaps up shares

15th Aug 2024 15:15

(Sharecast News) - Genedrive revealed on Thursday that chairman Ian Gilham had acquired 1.0m shares in the AIM-listed pharmacogenetic testing company.

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FTSE 250 movers: OSB tanks; Playtech rises again

15th Aug 2024 14:35

(Sharecast News) - FTSE 250 (MCX) 21,098.31 0.70%

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Philly Fed factory index drops unexpectedly in August

15th Aug 2024 14:35

(Sharecast News) - Factory activity in the US mid-Atlantic region shrank unexpectedly in August, the results of a closely followed survey showed.

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