News Archive

London pre-open: Stocks to gain on positive US cues

9th Aug 2024 07:27

(Sharecast News) - London stocks were set to gain at the open on Friday following a positive session on Wall Street, as better-than-expected jobless claims eased concerns about the US economy.

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Friday newspaper round-up: Drax, X, Lord Saatchi

9th Aug 2024 07:21

(Sharecast News) - The Drax power station was responsible for four times more carbon emissions than the UK's last remaining coal-fired plant last year, despite taking more than £0.5bn in clean-energy subsidies in 2023, according to a report. The North Yorkshire power plant, which burns wood pellets imported from North America to generate electricity, was revealed as Britain's single largest carbon emitter in 2023 by a report from the climate thinktank Ember. - Guardian

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Hargreaves Lansdown to be acquired for 1,140p in cash

9th Aug 2024 07:17

(Sharecast News) - Hargreaves Lansdown posted record assets under administration and a big increase in net new business for the full-year.

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Canaccord Genuity downgrades Future, says risk/reward 'mismatched'

9th Aug 2024 07:14

(Sharecast News) - Canaccord Genuity downgraded Future on Friday to 'sell' from 'hold' following a strong share price increase of around 100% from the lows.

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Revolution Bars secures 'long-term future' following High Court approval

9th Aug 2024 07:13

(Sharecast News) - Bar chain Revolution Bars said on Friday that its "long-term future" had been secured after its restructuring plans received approval from London's High Court.

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Bellway sees return to growth in 2025 if market stabilises

9th Aug 2024 07:01

(Sharecast News) - UK house builder Bellway on Friday said it expected to return to growth in fiscal 2025 if market conditions remain stable, as the recent cut in interest rates and higher wages helped to fuel demand.

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US close: Stocks surge as jobless claims data eases macro fears

8th Aug 2024 22:56

(Sharecast News) - US stocks bounced back strongly on Thursday as better-than-expected data from the labour market eased investors' concerns about an impending recession.

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Rightmove agrees new contract with OpenRent

8th Aug 2024 19:05

(Sharecast News) - Rightmove said on Thursday that it had entered into a new membership agreement with online lettings agent OpenRent.

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Sector movers: Stocks trying to find their footing

8th Aug 2024 18:02

(Sharecast News) - Stocks ended a tad lower on Thursday, but well off their session lows after the release of better-than-expected weekly jobless claims figures in the US.

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Sector movers: Stocks trying to find their footing

8th Aug 2024 18:02

(Sharecast News) - Stocks ended a tad lower on Thursday, but well off their session lows after the release of better-than-expected weekly jobless claims figures in the US.

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Europe close: Stocks erase losses after strong start Stateside

8th Aug 2024 17:11

(Sharecast News) - A strong start on Wall Street helped European markets cut their losses on Thursday, with the Stoxx 600 benchmark pushing into positive territory by the close of play.

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Ryanair lifts share buyback by a further €800m

8th Aug 2024 15:59

(Sharecast News) - Budget airline Ryanair has extended its share buyback plan by €800m due to a stronger-than-expected cash position.

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Friday preview: Chinese inflation data, Hargreaves Lansdown in focus

8th Aug 2024 15:53

(Sharecast News) - Financial markets' attention on Friday will shift towards Asia and inflation numbers due out in the region's largest economy.

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UK's CMA starts probe into Amazon Anthropic deal

8th Aug 2024 15:21

(Sharecast News) - Britain's competition regulator said it had started a formal inquiry into Amazon's investment in artificial intelligence start-up Anthropic.

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Barclays becomes latest to lift cap on banker bonuses

8th Aug 2024 15:19

(Sharecast News) - Barclays has become the latest bank in the UK to lift the cap on senior banker bonuses, following in the footsteps of JPMorgan and Goldman Sachs.

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