News Archive

Thursday preview: UK elections, Tesla Q2 results in focus

3rd Jul 2024 15:33

(Sharecast News) - All eyes on Thursday would be on the UK election results with most analysts confident that Labour was set to regain power by a wide margin and after a very long absence.

Read more

US job cut announcements drop again in June, Challenger says

3rd Jul 2024 15:10

(Sharecast News) - Job cut announcements appeared to repeat the pattern observed in 2023, dropping quickly in June, the results of a closely followed survey revealed.

Read more

IntelliAM AI starts trading on AQSE

3rd Jul 2024 15:05

(Sharecast News) - IntelliAM AI, a software company specialising in AI and machine learning for the manufacturing industry, announced the start of trading of its shares on the Aquis Stock Exchange Growth Market on Wednesday.

Read more

London close: Stocks higher as investors digest US jobs data

3rd Jul 2024 15:04

(Sharecast News) - London's stock markets closed on a positive note on Wednesday, buoyed by a wave of economic data from the United States and renewed hopes for interest rate cuts.

Read more

FTSE 100 movers: Airlines fly higher; JD Sports hit by downgrade

3rd Jul 2024 15:04

(Sharecast News) - London's FTSE 100 was up 0.6% at 8,168.32 in afternoon trade on Wednesday.

Read more

Judges Scientific amends and extends multi-bank facilities

3rd Jul 2024 14:51

(Sharecast News) - Judges Scientific, a group specialising in acquiring and developing companies in the scientific instrument sector, announced amendments and extensions to its multi-bank facilities with Lloyds Banking Group, Santander, and Bank of Ireland on Wednesday.

Read more

Serica completes reserves-based lending redetermination

3rd Jul 2024 14:47

(Sharecast News) - Serica Energy announced on Wednesday that it has completed the first semi-annual redetermination under its $525m reserve-based lending (RBL) facility, increasing the borrowing base from $463m to the full committed amount of $525m.

Read more

US foreign trade deficit shrinks a tad more quickly than expected in May

3rd Jul 2024 14:42

(Sharecast News) - America's shortfall on trade with the rest of the world increased slightly in May, as both domestic and foreign demand softened.

Read more

FTSE 250 movers: Wizz flies lower as president goes; Baltic Classifieds rises

3rd Jul 2024 14:35

(Sharecast News) - FTSE 250 (MCX) 20,345.54 0.75%

Read more

Broker tips: 3i Group, Diageo, Direct Line

3rd Jul 2024 14:25

(Sharecast News) - Morgan Stanley downgraded 3i Group on Wednesday 'equalweight' from 'overweight' and cut the price target to 3,192p from 3,246p as it said the risk/reward is more balanced after a strong run.

Read more

Director dealings: Time Finance CFO makes share purchase

3rd Jul 2024 14:24

(Sharecast News) - Time Finance revealed on Wednesday that chief financial officer James Roberts had acquired 22,482 ordinary shares in the AIM-listed finance provider.

Read more

Quest Diagnostics to buy Canada's LifeLabs for $985m

3rd Jul 2024 14:07

(Sharecast News) - Quest Diagnostics said on Wednesday that it has agreed to buy LifeLabs, a Canadian provider of community laboratory tests, for about $985m including debt.

Read more

US services sector activity shrinks very sharply in June, ISM says

3rd Jul 2024 13:53

(Sharecast News) - Services sector activity in the US slowed very sharply last month, a closely followed survey showed.

Read more

US open: Stocks slightly higher ahead of Independence Day break

3rd Jul 2024 13:46

(Sharecast News) - Wall Street stocks were little changed early on Wednesday as traders prepared for the 4th of July break.

Read more

US jobless claims rise to 238,000

3rd Jul 2024 13:34

(Sharecast News) - Americans lined up for unemployment benefits at an accelerated clip in the week ended 29 June, according to the Department of Labor.

Read more