News Archive
Canada gives Glencore final green light to buy Teck coal assets
5th Jul 2024 10:35
(Sharecast News) - Mining and commodities giant Glencore has received the final regulatory approval needed in its $7bn acquisition of steelmaking coal assets from New York-listed Teck Resources.
Read moreUS pre-open: Futures little changed ahead of nonfarm payrolls data
5th Jul 2024 10:29
(Sharecast News) - Wall Street futures were little changed ahead of the bell as traders got set to return from the Independence Day break.
Read moreAvant Homes said to have tabled secret takeover offer for Crest Nicholson
5th Jul 2024 10:24
(Sharecast News) - Crest Nicholson surged on Friday following a report that Avant Homes, which is owned by investment firm Elliott Advisors, has tabled a secret takeover offer for housebuilder.
Read moreEmmerson submits ESIA for Khemisset multi-mineral process
5th Jul 2024 10:14
(Sharecast News) - Potash development business Emmerson said on Friday that it has submitted an updated Environmental & Social Impact Assessment for the use of its Khemisset multi-mineral process in Morocco.
Read moreEurozone retail sales inch higher but miss forecasts
5th Jul 2024 09:37
(Sharecast News) - Retail sales in the eurozone rebounded in May after drop the previous month, according to data out on Friday from Eurostat, but rose less than expected.
Read moreJefferies downgrades Softcat to 'underperform'
5th Jul 2024 09:15
(Sharecast News) - Analysts at Jefferies downgraded IT infrastructure provider Softcat to 'underperform' on Friday, citing "incremental caution" around the IT services sector.
Read moreAsia report: Markets mixed as Japan's household spending drops
5th Jul 2024 09:08
(Sharecast News) - Markets in the Asia-Pacific region faced a mixed trading session on Friday, with significant fluctuations across the region.
Read moreSamsung profits set to soar on AI boom
5th Jul 2024 09:01
(Sharecast News) - Samsung Electronics forecast a surge in quarterly profits on Friday, as the boom in artificial intelligence powered demand for advanced semiconductors.
Read moreCiti cuts GSK target price after Arexy disappointment, but stays at 'buy'
5th Jul 2024 08:33
(Sharecast News) - Citi has reiterated its 'buy' rating on GSK despite a flurry of disappointing news for the biopharma giant in recent weeks, though the bank has slashed its target price for the stock by more than 10%.
Read moreDeutsche Bank starts Close Brothers at 'buy', shares surge
5th Jul 2024 08:30
(Sharecast News) - Deutsche Bank initiated coverage of Close Brothers on Friday with a 'buy' rating and 610p price target as it said the overhang on the shares has opened "considerable value".
Read more1Spatial hails strong order book and sales pipeline
5th Jul 2024 08:14
(Sharecast News) - AIM-listed 1Spatial, the location and geospatial data solutions group, said it expects to hit forecasts this year on the back of new contract wins and a "substantial" sales pipeline.
Read moreLondon open: FTSE gains after landslide Labour victory; housebuilders rally
5th Jul 2024 07:55
(Sharecast News) - London stocks rose in early trade on Friday, with housebuilders pacing the gains as Brits woke up to the first Labour government in 14 years.
Read moreScience in Sport raises £8m via placing
5th Jul 2024 07:54
(Sharecast News) - Performance nutrition business Science in Sport said on Friday that it has raised approximately £8.0m via a placing of 47.05m ordinary shares.
Read moreEurope open: UK election result in focus
5th Jul 2024 07:51
(Sharecast News) - European shares opened higher with the UK Labour Party's landslide election victory the main focus.
Read moreUK housebuilders surge on Labour victory
5th Jul 2024 07:49
(Sharecast News) - Shares in UK housebuilders jumped on Friday, on hopes that the new Labour government would reinvigorate the sector.
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