News Archive

US pre-open: Futures lower amid global IT crash

19th Jul 2024 10:21

(Sharecast News) - Wall Street futures were in the red ahead of the bell on Friday following big losses for the Dow in the previous session.

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Ofcom halts inflation-linked mid-contract price rises

19th Jul 2024 10:14

(Sharecast News) - Telecoms providers are to be banned from putting up prices linked to inflation mid-contract, the regulator confirmed on Friday.

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Canaccord Genuity raises target price on Dunelm

19th Jul 2024 09:32

(Sharecast News) - Analysts at Canaccord Genuity raised their target price on home furnishings retailer Dunelm from 1,250.0p to 1,325.0p on Friday, stating the firm's "strong finish" to FY24 had driven a "small" earnings beat.

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Berenberg hikes target price on AJ Bell following Q3 earnings

19th Jul 2024 09:30

(Sharecast News) - Analysts at Berenberg hiked their target price on financial services firm AJ Bell from 370.0p to 410.0p on Friday after the group's Q3 earnings on 18 July sent shares up roughly 6% on the day.

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Hargreaves Lansdown extends £5.4bn takeover deadline

19th Jul 2024 08:25

(Sharecast News) - The deadline for a potential £5.4bn takeover of Hargreaves Lansdown has been pushed back, the fund supermarket confirmed on Friday.

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London open: US politics, global IT glitch trip up investors

19th Jul 2024 08:11

(Sharecast News) - Stocks in London were trading lower in early trading as investors digested the latest political headlines out of the US and their potential implications for the stock market.

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Microsoft outage hits airlines, RNS others globally

19th Jul 2024 08:09

(Sharecast News) - Thousands of businesses around the world were thrown into disarray on Friday after a software update from cybersecurity firm CrowdStrike led to Microsoft-run system crashes at airlines, banks, hospitals, media outlets and retailers.

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Europe open: Shares lower as investors mull ECB rate call; global IT outage

19th Jul 2024 07:39

(Sharecast News) - European stocks opened lower on Friday as a major technical outage involving Microsoft hit businesses around the world.

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Government borrowing higher than forecast in June - ONS

19th Jul 2024 07:32

(Sharecast News) - Public sector borrowing came in higher than expected in June, official data showed on Friday.

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Friday newspaper round-up: Arena Television, social care, Obama, Netflix, Pret a Manger

19th Jul 2024 07:25

(Sharecast News) - Liquidators of Arena Television, the failed outside broadcast business at the centre of what has been called Britain's "largest ever" asset-based lending fraud, are suing Lloyds Banking Group for up to £285 million. Lloyds and its Bank of Scotland subsidiary are accused of processing payments "without authority", allegedly allowing Arena's directors to perpetrate a "substantial and wide-ranging fraud" against scores of lenders, court filings show. - The Times

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London pre-open: Stocks set to dip, US political soap opera in focus

19th Jul 2024 07:04

(Sharecast News) - Stocks in London looked set for a muted start as investors digested the latest political headlines out of the US and their potential implications for the stock market.

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Segro Europe JV sells Italian warehouses for €327m

19th Jul 2024 07:03

(Sharecast News) - A joint venture half-owned by SEGRO has sold a portfolio of logistics warehouses in Italy for €327m (£275m), the company said on Friday.

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UK retail sales slide in June - ONS

19th Jul 2024 07:02

(Sharecast News) - UK retail sales fell by more than expected in June, official data showed on Friday, partially reversing May's jump.

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US close: Stocks lower as Nasdaq extends slide another session

18th Jul 2024 21:31

(Sharecast News) - Major indices were in the red at the close of trading on Thursday following a heavy tech selloff in the previous session that saw the Nasdaq Composite deliver its worst daily performance since December 2022.

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Europe close: Stocks finish mixed as ECB holds steady

18th Jul 2024 16:34

(Sharecast News) - European stocks finished mixed on Thursday as investors digested the latest monetary policy meeting from the European Central Bank, which kept the door open to a possible interest-rate cut in September.

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