News Archive

Director dealings: Prudential director makes share purchase

8th Jul 2024 15:46

(Sharecast News) - Insurance business Prudential revealed on Monday that independent non-executive director George Sartorel had acquired 8,000 ordinary shares in the London-listed firm.

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FTSE 100 movers: Beazley follows Hiscox higher; B&M in the black

8th Jul 2024 15:10

(Sharecast News) - London's FTSE 100 was flat at 8,207.90 in afternoon trade on Monday.

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London close: Stocks mixed as investors assess hung French parliament

8th Jul 2024 15:07

(Sharecast News) - London markets showed mixed performance on Monday as investors weighed the implications of a hung parliament in France.

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Pulsar reports first-half rise in annual recurring revenue

8th Jul 2024 15:02

(Sharecast News) - Marketing and communications software-as-a-service specialist Pulsar Group reported a £2.2m increase in annual recurring revenue in its interim results on Monday, demonstrating a marked improvement in growth momentum compared to the £1.3m growth in the first half of 2023.

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US open: Dow trades higher as investors look ahead to CPI reading, Q2 earnings

8th Jul 2024 15:00

(Sharecast News) - Wall Street stocks were in the green early on Monday as investors prepared for the beginning of Q2 corporate earnings season later in the week.

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Zinc Media trading in line despite slow UK market

8th Jul 2024 14:48

(Sharecast News) - Television and content production company Zinc Media Group reported ongoing delays in the UK content commissioning market in an update on Monday.

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Tuesday preview: Fed's Powell, US Treasury auctions in focus

8th Jul 2024 13:18

(Sharecast News) - All eyes on Tuesday will be on the head of the US Federal Reserve ,who will deliver his semi-annual testimony to Congress.

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Devon Energy to buy Grayson Mill's Williston Basin business in $5bn deal

8th Jul 2024 13:15

(Sharecast News) - Devon Energy said on Monday that it has agreed to buy the Williston Basin business of Grayson Mill Energy in a $5bn deal.

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Eli Lilly to acquire Morphic via tender offer

8th Jul 2024 12:42

(Sharecast News) - American pharmaceuticals company Eli Lilly has struck an agreement to acquire biopharma business Morphic in a deal worth approximately $3.2bn.

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French election stalemate leads to worries about spending plans

8th Jul 2024 12:30

(Sharecast News) - France faced an uncertain political future on Monday after voters rejected the idea a of government led by Marine Le Pen's far-right National Rally but also failed to endorse fully centrist or left-wing alliances, with uncertainty around the spending plans of any incoming administration causing concern among analysts.

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Hiscox surges as Sompo, Generali said to be interested in takeover

8th Jul 2024 12:17

(Sharecast News) - Hiscox surged on Monday following a report that two rivals are considering takeover bids for the insurer.

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Grifols shares surge on report Grifols family, Brookfield eyeing €5.5bn bid

8th Jul 2024 12:07

(Sharecast News) - Shares in Grifols surged on Monday after a newspaper report stated descendants of the founding family and Canadian fund Brookfield were in talks to launch a takeover bid for the Spanish drugmaker that could be worth around €5.5bn (£4.64bn).

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Europe midday: French stocks up despite prospect of hung assembly

8th Jul 2024 11:26

(Sharecast News) - European shares opened higher on Monday as investors digested the political stalemate in France after the second round of national elections that saw a shock first-place result for the left-wing alliance, but with no single group able to achieve an absolute parliamentary majority.

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Thousands of Samsung workers begin three-day strike over pay, working conditions

8th Jul 2024 11:21

(Sharecast News) - More than 6,000 members of the National Samsung Electronics Union (NSEU) began a three-day walkout over pay and working conditions on Monday, just days after the South Korean conglomerate reported a 10-fold increase in quarterly profits.

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US pre-open: Stocks flat as investors look ahead to Q2 earnings

8th Jul 2024 11:20

(Sharecast News) - Wall Street futures were little changed ahead of the bell on Monday as investors braced for the beginning of Q2 corporate earnings season later in the week.

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