News Archive
FTSE 100 movers: BT surges; JD Sports hit by downgrade
12th Aug 2024 13:51
(Sharecast News) - London's FTSE 100 was up 0.5% at 8,209.23 in afternoon trade on Monday.
Read moreUS open: Stocks lower as traders look ahead to key inflation data
12th Aug 2024 13:43
(Sharecast News) - Wall Street stocks were in the red early on Monday as market participants looked ahead to key inflation data due out later in the week.
Read morePantheon Resources reports progress on Alaska's North Slope
12th Aug 2024 13:29
(Sharecast News) - Pantheon Resources announced progress in its operations on Alaska's North Slope on Monday, including the securing of a drill rig for the upcoming Megrez-1 well and the formal award of new oil and gas leases.
Read moreOPEC trims oil demand growth forecasts for 2024 and 2025
12th Aug 2024 13:25
(Sharecast News) - The Organisation for Petroleum Exporting Countries trimmed its forecast for oil demand growth in 2024.
Read moreDeutsche Bank downgrades JD Sports, says cost of growth underestimated
12th Aug 2024 12:55
(Sharecast News) - Analysts at Deutsche Bank downgraded their recommendation for shares of JD Sports from 'hold' to 'sell' due to what it saw as the inevitable cost of growing the business and trimmed their target price of 115.0p.
Read moreUS pre-open: Stocks to tick up ahead of key inflation data
12th Aug 2024 11:59
(Sharecast News) - US stocks looked set to tick cautiously higher at the open on Monday as investors eyed key inflation data later in the week.
Read moreApax Global Alpha details take-private plans for Thoughtworks
12th Aug 2024 11:56
(Sharecast News) - Apax Global Alpha (AGA) updated the market on the planned take-private transaction of technology consultancy Thoughtworks on Monday.
Read moreRoyal Mail parent IDS to offload US freight divisions
12th Aug 2024 11:52
(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.
Read moreRoyal Mail parent IDS to offload US freight divisions
12th Aug 2024 11:52
(Sharecast News) - Royal Mail parent International Distribution Services (IDS) announced on Monday that its parcel services subsidiary, GLS, would sell its US freight divisions to California-based DC Logistics.
Read moreIWG repurchases £37m principal of convertible bonds
12th Aug 2024 11:51
(Sharecast News) - International Workplace Group announced on Monday that it has repurchased £37.2m in principal amount of its £350m 0.5% convertible bonds due 2027.
Read moreIG Group launches first £75m tranche of share buyback programme
12th Aug 2024 11:48
(Sharecast News) - IG Group kicked off the first tranche of its new share buyback programme on Monday, having announced plans to repurchase up to £150m of shares on 25 July.
Read moreS&U reports difficult half-year for motor finance division
12th Aug 2024 11:44
(Sharecast News) - Specialist motor and property finance lender S&U reported contrasting performance across its divisions in an update on Monday, with particular difficulties in motor finance.
Read moreScotiabank to invest $2.8bn in US regional lender KeyCorp
12th Aug 2024 11:39
(Sharecast News) - KeyCorp rallied on Monday after Canada's Scotiabank agreed to invest $2.8bn in the US regional lender.
Read moreLondon midday: Stocks maintain gains in calmer markets
12th Aug 2024 11:03
(Sharecast News) - London stocks were still firmer by midday on Monday as a sense of calm returned to markets after last week's turmoil.
Read moreDowning Renewables upbeat on recent portfolio progress
12th Aug 2024 10:47
(Sharecast News) - Downing Renewables & Infrastructure announced a series of positive developments across its portfolio in an update on Monday.
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