News Archive

Sector movers: Defensives gain on mixed day, investors gird for BoE, Big Tech

29th Jul 2024 16:21

(Sharecast News) - FTSE 350 stocks trade mixed at the start of the week with Defensive issues on the rise whilst geopolitics and concerns around economic growth overseas weighed on Travel and Personal Goods.

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FTSE 250 movers: Tasty Cranswick; Energean slides

29th Jul 2024 15:42

(Sharecast News) - FTSE 250 (MCX) 21,282.12 -0.35%

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London close: Stocks finish mixed at start of busy week

29th Jul 2024 15:35

(Sharecast News) - London stocks closed with mixed results on Monday, reflecting a cautious market sentiment ahead of a busy week of earnings reports and crucial policy announcements from major central banks on both sides of the Atlantic.

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Tuesday preview: Euro area inflation readings, BP in the spotlight

29th Jul 2024 15:05

(Sharecast News) - Investors' focus on Tuesday would be on a raft of euro area economic data due out covering both activity and inflation during the month of July and the second quarter in the case of the latter.

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FTSE 100 movers: AstraZeneca in the black; Reckitt tumbles

29th Jul 2024 14:55

(Sharecast News) - London's FTSE 100 was up 0.3% at 8,309.79 in afternoon trade on Monday.

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US open: Stocks higher as traders look ahead to tech earnings

29th Jul 2024 14:31

(Sharecast News) - Wall Street stocks were in the green early on Monday as investors braced for a week full of big-name tech earnings.

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Director dealings: Seeen CEO raises stake

29th Jul 2024 14:26

(Sharecast News) - Seeen revealed on Monday that chief executive officer Adrian Hargrave had acquired 80,645 ordinary shares in the AIM-listed media and technology platform group.

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UK govt abandons NatWest share sale; to hold Budget Oct 30

29th Jul 2024 14:24

(Sharecast News) - The UK government has abandoned a plan to sell its remaining stake in NatWest Bank to the public, said Finance Minister Rachel Reeves, who added that she would hold deliver a Budget statement on October 30.

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Broker tips: Natwest, Drax, M&S, Currys

29th Jul 2024 14:17

(Sharecast News) - Analysts at Berenberg hiked their target price on banking group Natwest from 350.0p to 415.0p on Monday following the group's "comprehensively strong" Q2 results last week.

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Outspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares

29th Jul 2024 14:05

(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.

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Outspoken Wetherspoons boss Tim Martin sells nearly £10m worth of shares

29th Jul 2024 14:05

(Sharecast News) - The outspoken founder and chairman of JD Wetherspoon, Tim Martin, sold just over 1.36m shares in the pub chain at the end of last week, it emerged on Monday.

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Philips surges after Q2 results

29th Jul 2024 13:24

(Sharecast News) - Philips surged on Monday as its second-quarter results beat analysts' expectations, driven mainly by growth in North America, and the Dutch medical device maker reiterated its outlook for the year.

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McDonald's Q2 results fall short of expectations

29th Jul 2024 13:09

(Sharecast News) - Fast-food giant McDonald's posted quarterly revenue and earnings that fell short of expectations on Monday as customers continued to refrain from dining out in the three months ended 30 June.

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Sixth Street to buy insurer Enstar in $5.1bn deal

29th Jul 2024 13:03

(Sharecast News) - Global insurance group Enstar said on Monday that it has agreed to be bought by investment firm Sixth Street in a $5.1bn deal.

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Evri planning to add 9,000 jobs under new ownership

29th Jul 2024 12:16

(Sharecast News) - Parcel delivery firm Evri announced plans to hire 9,000 new workers on Monday, in response to surging online shopping demand.

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