News Archive
US private sector adds fewer jobs than expected in June - ADP
3rd Jul 2024 13:29
(Sharecast News) - Private sector employment in the US rose less than expected in June, according to figures released on Wednesday by ADP.
Read moreNational Amusements tentatively agrees Paramount deal - reports
3rd Jul 2024 12:23
(Sharecast News) - Shares in Paramount Global surged on Wednesday, on reports National Amusements has struck a tentative deal to sell its controlling stake in the US entertainment giant.
Read moreFintel acquires Threesixty Services from Abrdn
3rd Jul 2024 12:22
(Sharecast News) - Fintech and support services provider Fintel announced the completed acquisition of Threesixty Services from Abrdn on Wednesday.
Read moreAsia report: Markets mixed on China, Japan service sector data
3rd Jul 2024 12:18
(Sharecast News) - Asia-Pacific markets saw mixed performances on Wednesday, as investors evaluated a variety of business activity data from the region.
Read moreWizz Air president departs airline
3rd Jul 2024 11:29
(Sharecast News) - The president of Wizz Air Holdings has left the budget airline, it was confirmed on Wednesday, prompting a shake-up of senior management.
Read moreEurope midday: Stoxx up with all eyes on French, UK elections
3rd Jul 2024 11:17
(Sharecast News) - European stocks were higher on Wednesday amid hopes that a cut in US interest rates was in sight, while investors also eyed national elections in the UK on Thursday and France on the weekend.
Read moreBerenberg remains cautious on Direct Line
3rd Jul 2024 11:06
(Sharecast News) - Analysts at Berenberg slightly lowered their target price on insurer Direct Line from 220.0p to 215.0p on Wednesday as it said the risk of the stock "disappointing" was now rising.
Read moreLondon midday: FTSE maintains gains on US rate cut optimism
3rd Jul 2024 10:53
(Sharecast News) - London stocks were still higher by midday on Wednesday as US rate cut hopes boosted sentiment.
Read moreEconomic growth softens in Eurozone - PMI
3rd Jul 2024 10:38
(Sharecast News) - Growth in the Eurozone softened in June, a closely-watched survey showed on Wednesday, as a resurgent services sector failed to offset the slump in manufacturing.
Read moreUS pre-open: Futures little changed following yesterday's gains
3rd Jul 2024 10:32
(Sharecast News) - Wall Street futures were little changed ahead of the bell on Wednesday as traders prepare for the 4th of July break.
Read moreCapricorn Energy on track to meet midpoint of current FY guidance
3rd Jul 2024 10:12
(Sharecast News) - Exploration and development firm Capricorn Energy said on Wednesday that it was on track to meet the midpoint of current guidance as consistent payments continued throughout its Egyptian operations.
Read moreGSK restructures vaccine collaboration with CureVac
3rd Jul 2024 09:45
(Sharecast News) - GSK announced on Wednesday that it has restructured its collaboration with CureVac into a new licensing agreement, granting GSK exclusive rights to develop, manufacture, and globally commercialise mRNA-based candidate vaccines for influenza and Covid-19.
Read moreOil production begins at Kosmos Energy's Winterfell development
3rd Jul 2024 09:45
(Sharecast News) - Upstream oil company Kosmos Energy announced the successful start-up of oil production at the Winterfell development in the Gulf of Mexico.
Read moreCairn reaffirms outlook on strong first half
3rd Jul 2024 09:29
(Sharecast News) - Cairn Homes reiterated its full-year outlook on Wednesday, after interim revenues surged on the back of bumper demand.
Read moreMorgan Stanley downgrades 3i Group after strong run
3rd Jul 2024 09:15
(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