News Archive

London close: Stocks finish higher after UK, US jobs data

18th Jul 2024 16:03

(Sharecast News) - London stocks remained positive by the close on Thursday, buoyed by investor reactions to new employment data from the United States and the UK.

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Bank of England CHAPS payments system hit

18th Jul 2024 15:23

(Sharecast News) - The Bank of England said on Thursday that its CHAPS service has been hit by a global payments issue, delaying some high value and time-sensitive payments, including house purchases.

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Broker tips: Schroders, Babcock, Capita

18th Jul 2024 15:11

(Sharecast News) - Morgan Stanley lifted Schroders to 'overweight' from 'equalweight' on Thursday as it took a look at European asset managers.

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Director dealings: Tate & Lyle director snaps up shares

18th Jul 2024 15:10

(Sharecast News) - Tate & Lyle revealed on Thursday that non-executive director Jeffrey Carr had acquired 10,000 ordinary shares in the FTSE 250-listed food and beverage business.

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RBC Capital lifts Capita price target to adjust for recent disposal

18th Jul 2024 15:09

(Sharecast News) - RBC Capital Markets lifted its price target on Capita on Thursday to 2,200p from 1,800p as it adjusted forecasts for the Capita One disposal.

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US open: Stocks higher following Nasdaq's worst day since 2022

18th Jul 2024 14:53

(Sharecast News) - Major indices were in the green early on Thursday following a heavy tech selloff that saw the Nasdaq Composite deliver its worst daily performance since December 2022.

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Chipmaker TSMC lifts sales guidance as AI boom continues

18th Jul 2024 14:38

(Sharecast News) - Apple and Nvidia supplier TSMC lifted its sales guidance for the full year on Thursday as demand for its chips continues to be supported by the ongoing AI boom.

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FTSE 100 movers: Frasers Group surges; Diploma in the red

18th Jul 2024 14:30

(Sharecast News) - London's FTSE 100 was up 0.7% at 8,242.03 in afternoon trade on Thursday.

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Craneware full-year revenue set to top expectations

18th Jul 2024 14:08

(Sharecast News) - US healthcare management and support specialist Craneware reported a strong full-year sales performance in an update on Thursday, driven by ongoing investment in the Trisus platform and successful partner programmes, resulting in significant returns for its US healthcare provider customers.

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Meta reportedly in talks to buy stake in Ray-Ban maker EssilorLuxottica

18th Jul 2024 14:07

(Sharecast News) - Facebook parent company Meta is reportedly in discussions to buy a 5% stake in Italian-French eyewear maker EssilorLuxottica as the social-media giant looks to deepen its ties with the company that makes its Ray-Ban Meta smart glasses.

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ECB keeps door open to September rate cut, but 'nothing predetermined'

18th Jul 2024 14:00

(Sharecast News) - Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September.

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Philly Fed manufacturing grows as new orders and shipments hit two-year high

18th Jul 2024 13:40

(Sharecast News) - Manufacturing activity in Philadelphia rose to a three-month high in July, with new orders and shipments rising to their highest levels in more than two years, according to data released by the region's Federal Reserve Bank on Thursday.

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Midwich revenue rises, earnings fall in first half

18th Jul 2024 13:26

(Sharecast News) - Specialist audio-visual distributor Midwich Group reported a robust first-half revenue performance on Thursday, but a fall in earnings amid challenging market conditions.

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Boku reports strong first half, appoints new finance chief

18th Jul 2024 12:55

(Sharecast News) - Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.

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Sequoia Economic Infrastructure refinances revolving credit facility

18th Jul 2024 12:50

(Sharecast News) - Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.

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