News Archive

London close: Stocks rise as investors digest inflation data

14th Aug 2024 15:02

(Sharecast News) - London stocks ended Wednesday's session in positive territory, as investors reviewed the latest inflation figures from the UK and the US.

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TomCo subsidiary agrees to sell TSHII membership interest

14th Aug 2024 14:59

(Sharecast News) - US-focussed oil development group TomCo Energy announced a proposed agreement for its wholly-owned subsidiary Greenfield Energy to sell its 10% membership interest in Tar Sands Holdings II for $1.575m.

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Broker tips: Synthomer, Beeks Financial Cloud

14th Aug 2024 14:58

(Sharecast News) - Analysts at Berenberg lowered their target price on chemicals company Synthomer from 375.0p to 340.0p on Wednesday after the group's interim earnings "delivered both grounds for hope and reasons for caution".

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FTSE 100 movers: Flutter surges on guidance upgrade; housebuilders gain

14th Aug 2024 14:40

(Sharecast News) - London's FTSE 100 was up 0.4% at 8,265.20 in afternoon trade on Wednesday.

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US open: Stocks mixed following July CPI reading

14th Aug 2024 14:23

(Sharecast News) - Wall Street stocks were mixed at the open on Wednesday as market participants digested key inflation data.

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FTSE 250 movers: Playtech cashes in; Balfour Beatty slides

14th Aug 2024 13:35

(Sharecast News) - FTSE 250 (MCX) 20,869.48 0.60%

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Victoria's Secret shares jump on new CEO, strong second quarter

14th Aug 2024 12:30

(Sharecast News) - Shares in lingerie and fashion giant Victoria's Secret were rising early on Wednesday, after it announced the appointment of a new CEO, and reported preliminary quarterly results ahead of its previous forecasts.

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US CPI gains slow to 2.9% in July, core prices at 3.2%

14th Aug 2024 12:25

(Sharecast News) - The cost of living in the US rose in July at its slowest pace in over three years.

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Ixico raises expectations on new contract wins

14th Aug 2024 12:22

(Sharecast News) - Medical imaging advanced analytics technology company Ixico said in a trading update on Wednesday that it expected its financial performance to surpass market expectations, driven by new contract wins totaling £5.8m since 31 March.

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US mortgage applications surge 16.8pc

14th Aug 2024 12:13

(Sharecast News) - Mortgage applications surged 16.8% in the week ended 9 August, according to the Mortgage Bankers Association, the sharpest week-on-week increase since January 2023.

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Europe midday: Shares pare gains; Straumann surges on outlook upgrade

14th Aug 2024 11:56

(Sharecast News) - European shares pared gains at lunchtime as investors digested, eurozone data, a rise in UK inflation and the surprise resignation of Japanese Prime Minister Fumio Kishida.

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Mars to buy Pringles maker Kellanova in $35.9bn deal

14th Aug 2024 11:48

(Sharecast News) - Mars confirmed on Wednesday that it has agreed to buy Pringles and Cheez-It maker Kellanova in a $35.9bn deal.

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Versarien enters community building printing contract

14th Aug 2024 11:26

(Sharecast News) - Advanced materials engineering company Versarien has entered into a contract with Building For Humanity CIC, it announced on Wednesday, to serve as a 'print partner' for the Charter Street project in Accrington, Lancashire.

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London midday: Stocks maintain gains after UK inflation; Playtech surges

14th Aug 2024 11:17

(Sharecast News) - London stocks were still firmer by midday on Wednesday as the latest UK inflation data boosted rate cut expectations.

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Silverbullet reports big advancements for 4D AI product

14th Aug 2024 11:16

(Sharecast News) - Digital transformation specialist Silverbullet announced significant advancements for its 4D AI contextual marketing product on Wednesday, through two major integration contracts.

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