News Archive
Rio Tinto maintains dividned after stable first half
31st Jul 2024 07:16
(Sharecast News) - Rio Tinto reported underlying EBITDA of $12.1bn for its first half on Wednesday, making for a modest 3% increase from the same period in 2023.
Read moreInternational Personal Finance upgrades expectations, launches buyback
31st Jul 2024 07:15
(Sharecast News) - International Personal Finance (IPF) announced a solid set of first-half results on Wednesday, upgrading its full-year expectations after a significant increase in profits, alongside a new share buyback programme aimed at enhancing shareholder value.
Read moreHSBC unveils $3bn buyback as profits surge in CEO Quinn's final results
31st Jul 2024 07:04
(Sharecast News) - HSBC on Wednesday said it would start a $3bn share buyback after the Asia-focused bank reported estimate-busting interim profits in its final set of results under chief executive Noel Quinn.
Read moreUS close: Stocks mixed amid barrage of earnings, data
30th Jul 2024 21:29
(Sharecast News) - US stocks were mixed on Tuesday, with the Dow rising but the S&P 500 and Nasdaq firmly in the red, as investors digested a barrage of corporate earnings as the Federal Reserve kicked off its two-day policy meeting.
Read moreWednesday preview: US Fed, HSBC in the spotlight
30th Jul 2024 19:36
(Sharecast News) - Trading was likely to remain restrained on Wednesday as investors waited on the Federal Reserve's policy announcement after the close of London markets.
Read moreEurope close: Stocks mostly higher after strong GDP data
30th Jul 2024 16:42
(Sharecast News) - Stronger-than-expected economic growth across the eurozone helped propel stock markets higher on Tuesday, with most major indices across Europe making gains.
Read moreDeutsche Bank downgrades Man Group to 'hold'
30th Jul 2024 15:44
(Sharecast News) - Deutsche Bank downgraded Man Group on Tuesday to 'hold' from 'buy' and cut the price target to 280p from 325p.
Read moreBroker tips: Flutter Entertainment, Howden Joinery, Hochschild Mining, Man Group
30th Jul 2024 15:41
(Sharecast News) - Citi opened a 30-day "positive catalyst watch" on shares of Flutter Entertainment on Tuesday ahead of its results on 13 August.
Read moreDirector dealings: Franchise Brands director raises stake
30th Jul 2024 15:35
(Sharecast News) - Franchise Brands revealed on Tuesday that senior independent non-executive director Peter Kear had acquired 57,500 ordinary shares in the AIM-listed multi-brand franchisor.
Read moreGerman inflation unexpectedly accelerates in July
30th Jul 2024 15:33
(Sharecast News) - Price pressures in Germany surprised to the upside in July, with the annual rate of inflation unexpectedly rising from June's multi-year low, according to data from the Federal Statistical Office.
Read moreLondon close: Stocks mixed after barrage of corporate updates
30th Jul 2024 15:32
(Sharecast News) - London stocks ended the day mixed on Tuesday as investors navigated a wave of earnings reports and anticipated upcoming key announcements from the Federal Reserve and the Bank of England.
Read moreFTSE 250 movers: St James's Place surges; Close Bros skids
30th Jul 2024 15:11
(Sharecast News) - FTSE 250 (MCX) 21,478.96 1.07%
Read moreVinted planning $500m share sale - report
30th Jul 2024 14:43
(Sharecast News) - Online marketplace Vinted has reportedly launched a share sale that could value it at as much as $5bn (£3.9bn).
Read moreUS open: Stocks higher as Q2 earnings season picks up steam
30th Jul 2024 14:39
(Sharecast News) - Wall Street stocks were in the green early on Tuesday as investors digested another batch of Q2 earnings.
Read moreUS house prices rise at record pace for third month in a row
30th Jul 2024 14:29
(Sharecast News) - US house prices rose at a record-breaking pace for a third straight month in May, according to S&P Core Logic Case-Shiller.
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