News Archive

Europe open: Shares up as UK inflation rise boosts rate cut hopes

14th Aug 2024 08:06

(Sharecast News) - European shares started the day higher as investors digested a rise in UK inflation and the surprise resignation of Japanese Prime Minister Fumio Kishida.

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London open: Stocks gain after UK inflation data; Flutter surges

14th Aug 2024 07:53

(Sharecast News) - London stocks rose in early trade on Wednesday as the latest UK inflation data boosted rate cut expectations.

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Tui Q3 profits beat forecasts on strong demand, collapse of FTI

14th Aug 2024 07:49

(Sharecast News) - Holiday company Tui on Wednesday posted better-than-expected third-quarter earnings on the back of strong summer demand and the collapse of German rival FTI.

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London pre-open: Stocks seen up as investors mull UK CPI

14th Aug 2024 07:36

(Sharecast News) - London stocks were set to rise at the open on Wednesday following a positive session on Wall Street, as investors mulled the latest UK inflation reading.

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Wednesday newspaper round-up: Avon, AstraZeneca, Google

14th Aug 2024 07:26

(Sharecast News) - Anti-sewage campaigners have warned of "extreme anger" if the Labour government does not radically reform the water regulator. Sources at the Environment Agency (EA) and in the Labour party have told the Guardian that while Labour had spent time considering reforms of the EA and Ofwat in order to fix the sewage crisis, some stricter options that had been proposed were now off the table. -Guardian

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Molten Ventures recent exits total £124m, nears FY target

14th Aug 2024 07:21

(Sharecast News) - Venture capital firm Molten Ventures said on Wednesday that recent exits had totalled £124.0m, meaning the group has now almost reached its annual target.

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Inflation rises for first time since December

14th Aug 2024 07:20

(Sharecast News) - Consumer price inflation rose in July for the first time since December, albeit less than expected.

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Hammerson refinances debt on large Dublin shopping centre

14th Aug 2024 07:17

(Sharecast News) - Hammerson, in partnership with PIMCO Prime Real Estate, has successfully secured a €350m non-recourse term loan to refinance the existing debt on Dundrum Town Centre in Dublin.

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Balfour Beatty sees FY growth as earnings, dividend rise

14th Aug 2024 07:03

(Sharecast News) - British infrastructure company Balfour Beatty on Wednesday lifted its dividend by 9% and said it expected annual earnings to grow after a jump in half-year profit.

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US close: Stocks register solid gains following PPI reading

13th Aug 2024 22:22

(Sharecast News) - Wall Street stocks closed sharply higher on Tuesday as market participants got their first taste of this week's key inflation numbers.

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Flutter Entertainments lifts FY guidance after stronger-than-expected Q2

13th Aug 2024 21:39

(Sharecast News) - Flutter Entertainment lifted its full-year guidance on Tuesday after a better-than-expected second-quarter performance.

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Europe close: Stocks trade higher following US inflation data

13th Aug 2024 15:42

(Sharecast News) - European stocks closed higher on Tuesday following better-than-expected inflation data Stateside.

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Broker tips: Hikma, Admiral, Bridgepoint

13th Aug 2024 15:37

(Sharecast News) - Analysts at Berenberg raised their target price on Hikma Pharmaceuticals from 2,000.0p to 2,100.0p on Tuesday following an "impressive" H1 performance.

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Director dealings: First Tin chairman raises stake

13th Aug 2024 15:37

(Sharecast News) - First Tin revealed on Tuesday that chairman Charles Brookes had acquired 360,000 ordinary shares in the tin development company.

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US open: Stocks higher following PPI reading

13th Aug 2024 15:23

(Sharecast News) - Wall Street stocks were in the green early on Tuesday as market participants got their first look at this week's key inflation numbers.

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