News Archive
FTSE 100 movers: NatWest surges after results; Rightmove edges down
26th Jul 2024 14:01
(Sharecast News) - London's FTSE 100 was up 0.9% at 8,262.14 in afternoon trade on Friday.
Read moreEurope midday: Stocks move into the black
26th Jul 2024 13:59
(Sharecast News) - European stocks were heading higher for the most part in early afternoon trading as investors reacted to just released key US inflation data.
Read moreUS personal incomes undershoot forecasts in June, inflation dips
26th Jul 2024 13:35
(Sharecast News) - Americans continued to spend at a steady pace in June while inflation slowed alongside.
Read moreUS pre-open: Futures trade higher ahead of PCE reading
26th Jul 2024 12:04
(Sharecast News) - Wall Street futures were in the green ahead of the bell on Friday ahead of the latest personal consumption expenditure reading - the Federal Reserve's preferred inflation gauge.
Read more3M comfortably beats expectations for Q2 revenue, earnings
26th Jul 2024 11:32
(Sharecast News) - American industrial conglomerate 3M announced a strong set of second-quarter results on Friday, comfortably beating market expectations as it narrowed its guidance for the full-year towards the top end of its previous expectations.
Read moreLaw Debenture delivers 'solid' overall first-half performance
26th Jul 2024 11:31
(Sharecast News) - Law Debenture Corporation reported a robust first-half performance in both its investment and independent professional services (IPS) business on Friday.
Read moreGCP Infrastructure reports slight decrease in NAV per share
26th Jul 2024 11:25
(Sharecast News) - GCP Infrastructure Investments said in an update on Friday that its unaudited net asset value per share was 107.58p as at 30 June, a slight decrease from 107.62p at the end of March.
Read moreRecord reports 'solid start' to financial year
26th Jul 2024 11:18
(Sharecast News) - Specialist currency and asset manager Record reported an increase in assets under management for its first quarter on Friday.
Read moreNational Grid sells final 20pc interest in National Gas
26th Jul 2024 11:13
(Sharecast News) - National Grid announced the sale of its final 20% equity interest in National Gas to its current majority owners on Friday, consisting of a consortium of long-term infrastructure investors led by Macquarie Asset Management.
Read moreTaylor Maritime reports solid quarterly NAV return
26th Jul 2024 11:11
(Sharecast News) - Taylor Maritime Investments reported an unaudited net asset value of $1.52 per share as of 30 June in its quarterly update on Friday, up from $1.48 at the end of March, representing a total return of 4.3% for the quarter.
Read moreRBC Capital downgrades Lloyds after shares hit price target
26th Jul 2024 11:03
(Sharecast News) - RBC Capital Markets downgraded Lloyds Banking Group on Friday to 'sector perform' from 'outperform' after the shares hit its 60p price target.
Read moreLondon midday: Stocks stay up as investors eye US inflation reading
26th Jul 2024 10:43
(Sharecast News) - London stocks were still in the black by midday on Friday, with NatWest pacing the gains after well-received results, as investors eyed a key US inflation reading.
Read moreKeywords Studios confident of delivering 'good' revenue growth in 2024
26th Jul 2024 10:27
(Sharecast News) - Keywords Studios said on Friday that it remains confident in delivering "good" overall revenue growth in 2024, with the performance expected to be weighted to the second half.
Read moreFirstGroup trading as expected as chairman steps down
26th Jul 2024 10:23
(Sharecast News) - FirstGroup said in an update on Friday that its trading in the financial year-to-date remained in line with the expectations set out in its full-year results in June, as it also announced the retirement of chairman David Martin.
Read moreMercedes-Benz Q2 earnings fall as car sales slip
26th Jul 2024 09:56
(Sharecast News) - German automotive giant Mercedes Benz posted a sharp fall in adjusted earnings in its car division during Q2 as it continues to struggle with model changeovers and weakened Asian trading.
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