News Archive
Monday newspaper round-up: Boeing, Tata Steel, Fortress Capital
8th Jul 2024 07:25
(Sharecast News) - Boeing will plead guilty to a criminal fraud charge stemming from two deadly crashes of 737 Max jetliners, after the government determined the company violated an agreement that had protected it from prosecution for more than three years, the US the government said in court filing late on Sunday. Federal prosecutors gave Boeing the choice this week of entering a guilty plea and paying a fine as part of its sentence, or facing a trial on the felony criminal charge of conspiracy to defraud the US. - Guardian
Read moreCanaccord initiates coverage on 10 multi- channel retailers
8th Jul 2024 07:22
(Sharecast News) - Canaccord Genuity initiated coverage on 10 multi-channel retail stocks on Monday as it said the outlook is looking brighter.
Read moreUK retail sales dip slightly amid cool June weather
8th Jul 2024 07:20
(Sharecast News) - Retail sales in the UK dipped slightly in June, according to fresh data released on Tuesday, as a result of a markedly cooler summer so far.
Read moreOcado to build third factory in Japan with online grocer AEON
8th Jul 2024 07:10
(Sharecast News) - Online grocery group Ocado is planning to build a third customer fulfilment centre (CFC) in Japan as part of its ongoing partnership with Japanese peer AEON.
Read moreBritvic agrees to Carlsberg's sweetened £3.3bn offer
8th Jul 2024 07:04
(Sharecast News) - Danish brewing giant Carlsberg on Monday said it had reached a deal to buy UK soft drinks maker Britvic for £3.3bn after two previous bids were rejected.
Read moreUS close: Stocks higher following June's NFP report
8th Jul 2024 06:21
(Sharecast News) - Wall Street stocks closed higher on Friday as traders returned from the Independence Day break to some hotly anticipated labour market data.
Read moreSunday newspaper round-up: Starmer, Burberry, Tesla
7th Jul 2024 11:22
(Sharecast News) - Keir Starmer opted to recall senior ministers from the New Labour government to join his team. The experienced hands being installed as non-political ministers include Douglas Alexander, as trade minister, or Jacqui Smith as education minister. Starmer's approach was reminiscent of Gordon Brown's attempt to build a "government of all the talents". - Guardian
Read moreSunday share tips: UK shares, Kitwave
7th Jul 2024 10:15
(Sharecast News) - Investment specialists are positive on the outlook for shares in the UK in the wake of Labour's victory, the Financial Mail on Sunday's Midas column said.
Read moreLondon close: Stocks mixed as PM Starmer names his Cabinet
5th Jul 2024 16:35
(Sharecast News) - London's stock markets ended the week on a mixed note on Friday, after a subdued response to Labour's general election victory, although housebuilders and the more domestically-focussed FTSE 250 made gains.
Read moreEurope close: Stocks end mostly lower ahead of second round of French elections
5th Jul 2024 16:02
(Sharecast News) - European shares were mostly lower with the UK Labour Party's landslide election victory well-received.
Read moreBitcoin drops as Mt.Gox starts reimbursing victims of 2014 hack
5th Jul 2024 15:59
(Sharecast News) - Bitcoin prices were attempting to clamber back following a sharp drop overnight after Mt.Gox began repaying some of the investors whose accounts were hacked in 2014.
Read moreUK's Starmer appoints Cabinet; Reeves becomes Finance Minister
5th Jul 2024 15:46
(Sharecast News) - New British Prime Minister Keir Starmer swiftly appointed the members of his Cabinet after crushing the Conservative Party in Thursday's General Election.
Read moreCrest Nicholson 'not currently minded' to engage with Avant Homes after merger proposal
5th Jul 2024 15:16
(Sharecast News) - Crest Nicholson said on Friday that it had received "unsolicited, preliminary, indicative proposals" from Avant Homes about a potential all-share combination but that it was "not currently minded" to engage in discussions with the rival housebuilder.
Read moreBroker tips: Softcat, Close Brothers, GSK
5th Jul 2024 15:16
(Sharecast News) - Analysts at Jefferies downgraded IT infrastructure provider Softcat to 'underperform' on Friday, citing "incremental caution" around the IT services sector.
Read moreUS open: Stocks mixed as nonfarm payrolls beat consensus
5th Jul 2024 14:31
(Sharecast News) - Wall Street stocks were little changed early on Friday as traders returned from the Independence Day break to some hotly anticipated labour market data.
Read more