News Archive

Disney's theme parks drag on third quarter results

7th Aug 2024 16:48

(Sharecast News) - Walt Disney reported a mixed third-quarter performance on Wednesday, driven by significant growth in its streaming business, offset by challenges in its theme park operations.

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London close: Stocks finish higher amid global recovery

7th Aug 2024 16:34

(Sharecast News) - London's stock markets closed higher on Wednesday, buoyed by positive global sentiment following remarks from the Bank of Japan.

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Broker tips: Frontier Developments, Spirent Communications

7th Aug 2024 15:20

(Sharecast News) - Analysts at Berenberg upgraded video games business Frontier Developments from 'hold' to 'buy' on Wednesday and hiked their target price on the stock from 300.0p to 330.0p, stating the group's pipeline had now de-risked the equity story.

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Canaccord Genuity moves Spirent Communications to 'speculative buy'

7th Aug 2024 15:18

(Sharecast News) - Over at Canaccord Genuity, analysts upgraded telecommunications testing company Spirent Communications from 'hold' to 'speculative buy' on Wednesday following the group's H1 trading update a day earlier.

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British Land to vote against Cineworld restructuring - report

7th Aug 2024 15:12

(Sharecast News) - British Land is reportedly considering voting against a restructuring of Cineworld's British operations that could lead to the closure of dozens of sites.

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Director dealings: Keywords Studios chairman ups stake

7th Aug 2024 15:10

(Sharecast News) - Keywords Studios said on Wednesday that chairman Don Robert had acquired 2,300 ordinary shares in the London-listed video games business.

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US mortgage applications surge 6.9%

7th Aug 2024 15:04

(Sharecast News) - US mortgage applications surged by 6.9% in the week ended 2 August, according to the Mortgage Bankers Association, the sharpest increase in almost two months, erasing the prior two week's declines.

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FTSE 250 movers: TP Icap surges; Hiscox slides despite profit rise

7th Aug 2024 14:45

(Sharecast News) - FTSE 250 (MCX) 20,536.66 0.83%

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FTSE 100 movers: Entain rallies ahead of interims; WPP slumps

7th Aug 2024 14:33

(Sharecast News) - London's FTSE 100 was up 1.7% at 8,166.34 in afternoon trade on Wednesday.

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US open: Major indices on track to claw back more losses

7th Aug 2024 14:07

(Sharecast News) - Major indices were in the green yet again early on Wednesday as stocks looked set to reclaim some more of their recent losses.

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Thursday preview: Weekly US jobless claims, Beazley in focus

7th Aug 2024 13:50

(Sharecast News) - The economic calendar on Thursday will be very light.

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Bansk Group to buy PetIQ in $1.5bn deal

7th Aug 2024 13:18

(Sharecast News) - PetIQ said on Wednesday that it has agreed to be bought by New York-based private investment firm Bansk Group in a $1.5bn deal.

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UK clears HPE's $14bn Juniper deal

7th Aug 2024 12:58

(Sharecast News) - Hewlett Packard Enterprise's $14bn acquisition of Juniper Networks, has been approved by the UK's competition regulator.

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Braveheart increases investment in Image Scan

7th Aug 2024 12:50

(Sharecast News) - Braveheart Investment Group announced on Wednesday that it has expanded its investment in Image Scan Holdings, a company within its portfolio that specialises in security imaging solutions.

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MaxCyte reports solid second-quarter performance

7th Aug 2024 12:36

(Sharecast News) - Cell engineering company MaxCyte reported a robust financial performance for its second quarter on Wednesday, with total revenue reaching $10.4m, a 15% increase compared to the same period in 2023.

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