News Archive

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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Broker tips: Endeavour Mining, Glencore

8th Aug 2024 14:58

(Sharecast News) - Analysts at Berenberg lowered their target price on gold miner Endeavour Mining from 2,500.0p to 2,100.0p on Thursday as they rebased their estimates on the stock.

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Director dealings: Foxtons non-executive director snaps up shares

8th Aug 2024 14:58

(Sharecast News) - Foxtons Group revealed on Thursday that non-executive director Jack Callaway had acquired 50,000 ordinary shares in the London-listed estate agency.

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London close: Stocks claw back losses but still finish lower

8th Aug 2024 14:57

(Sharecast News) - London markets ended Thursday on a weaker note despite recovering some earlier losses, as concerns over a potential US recession weighed on investor sentiment.

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US open: Stocks higher following jobless claims data

8th Aug 2024 14:52

(Sharecast News) - Wall Street stocks were sharply higher at the opening bell on Thursday as fears that the US economy may be headed for a recession reappeared were soothed by weekly jobless claims data from the Labor Department.

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Eli Lilly hikes guidance as obesity drug sales soar

8th Aug 2024 14:11

(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.

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Eli Lilly hikes guidance as obesity drug sales soar

8th Aug 2024 14:11

(Sharecast News) - Eli Lilly significantly raised its full-year revenue forecast by $3bn on Thursday, after reporting a strong second quarter driven by the robust performance of its blockbuster weight loss and diabetes drugs Zepbound and Mounjaro.

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FTSE 250 movers: TI Fluid surges; Helios Towers slides

8th Aug 2024 14:09

(Sharecast News) - FTSE 250 (MCX) 20,366.09 -1.02%

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FTSE 100 movers: Beazley surges on results; Spirax slumps

8th Aug 2024 14:07

(Sharecast News) - London's FTSE 100 was down 0.3% at 8,142.82 in afternoon trade on Thursday.

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Howard Hughes Holdings confirms potential offer from Pershing Square

8th Aug 2024 13:38

(Sharecast News) - Real estate firm Howard Hughes Holdings said on Thursday that it had received a potential takeover offer from billionaire Bill Ackman's Pershing Square Capital Management.

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PetroTal reports solid quarterly progress

8th Aug 2024 13:10

(Sharecast News) - Peru-focussed oil producer PetroTal reported strong second-quarter financial and operational results on Thursday, reflecting robust production, significant cash flow generation, and ongoing strategic growth.

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