News Archive
China exports rise by 8.6% in June, but imports fall
12th Jul 2024 07:11
(Sharecast News) - Chinese exports rose by a greater-than-expected 8.6% in June year on year, while imports fell unexpectedly by 2.3%, according to official data published on Friday.
Read moreFriday newspaper round-up: Post Office, Rosebank, Carpetright
12th Jul 2024 07:10
(Sharecast News) - Labour will miss its target of delivering 1.5m new homes this parliament without an emergency cash injection into the affordable housing sector, providers have warned. Housing associations and councils have written to deputy prime minister, Angela Rayner, saying her promise to deliver "the biggest boost to affordable housing in a generation" will be impossible unless there are urgent interventions to fix the financial pressures providers face. - Guardian
Read moreOutflows mount at Ashmore on 'subdued' risk appetite
12th Jul 2024 07:01
(Sharecast News) - Assets under management at Ashmore Group fell in the last quarter, the specialist fund manager said on Friday, on the back of weaker investor sentiment.
Read moreUS close: Stocks end mixed despite inflation slowdown, Daly comments
11th Jul 2024 21:13
(Sharecast News) - US stocks finished mixed on Thursday, with the Dow edging higher but the S&P 500 and Nasdaq sinking sharply back from record highs, despite rising hopes that the Federal Reserve may cut interest rates sooner than anticipated.
Read moreSector movers: Homebuilders, water utilities pace gains
11th Jul 2024 20:13
(Sharecast News) - Homebuilders and Utilities paced gains on Thursday following the release of a weaker-than-expected reading for US inflation in the month of June that weighed on longer-term government bond yields on either side of the Atlantic.
Read moreDirector dealings: National Grid non-exec buys shares after capital raise
11th Jul 2024 16:02
(Sharecast News) - Earl Shipp, an independent non-executive director at National Grid, picked up some shares in the utilities group at the start of the third quarter.
Read moreFTSE 250 movers: Trustpilot tanks; Pennon gushes
11th Jul 2024 15:32
(Sharecast News) - FTSE 250 (MCX) 21,073.56 0.70%
Read moreEurope close: Stoxx 600 hits one-month high as data lifts the mood
11th Jul 2024 15:31
(Sharecast News) - European stocks closed at their highest levels in a month on Thursday as improving economic data lifted sentiment across the continent.
Read moreBroker tips: Idox, Anglo American
11th Jul 2024 15:30
(Sharecast News) - Analysts at Berenberg initiated coverage on software specialist Idox with a 'buy' rating and 81.0p target price on Thursday, citing an attractive geo-spatial opportunity.
Read moreBain Capital to buy Envestnet in $4.5bn deal
11th Jul 2024 15:20
(Sharecast News) - Envestnet said on Thursday that it has agreed to be bought by Bain Capital in a $4.5bn deal.
Read moreLondon close: Stocks rise as US inflation slows more than expected
11th Jul 2024 15:01
(Sharecast News) - London stocks ended Thursday on a high note, buoyed by favourable economic data from both sides of the Atlantic.
Read moreFTSE 100 movers: Water firms gush higher; DCC in the red
11th Jul 2024 14:49
(Sharecast News) - London's FTSE 100 was up 0.3% at 8,219.41 in afternoon trade on Thursday.
Read moreUS open: Markets rangebound but rate-cut hopes rise after CPI data
11th Jul 2024 14:43
(Sharecast News) - US stocks opened broadly flat on Thursday, with futures erasing earlier losses, as investors digested better-than-expected inflation and labour-market data and pondered over how the Federal Reserve may respond.
Read moreIdeagen abandons pursuit of Crimson Tide, shares slide
11th Jul 2024 14:38
(Sharecast News) - Crimson Tide tumbled on Thursday as it said that Ideagen had decided not to make an offer for the group.
Read moreUS jobless claims fall more than forecast to five-week low
11th Jul 2024 14:02
(Sharecast News) - US jobless claims fell more than forecast last week, with the four-week moving average pulling back for the first time in five weeks.
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