News Archive

Europe close: Stocks trim losses across the continent

2nd Jul 2024 16:22

(Sharecast News) - European markets were in the red on Tuesday after core inflation proved stickier than expected, but stocks rallied into the close with indices finishing well above their intraday lows.

Read more

Addison Lee owners said to be exploring sale

2nd Jul 2024 16:14

(Sharecast News) - The owners of Addison Lee have reportedly begun exploring a sale of the company they took control of four years ago.

Read more

US job openings rise slightly in May

2nd Jul 2024 15:41

(Sharecast News) - Job openings in the US rose modestly last month and more Americans felt secure enough to hazard leaving their job voluntarily and find new employment.

Read more

Tritax Eurobox says Brookfield offer deadline extended; in talks with other parties

2nd Jul 2024 15:23

(Sharecast News) - Tritax Eurobox rallied on Tuesday after it said the deadline for Brookfield Asset Management to make an offer for the company has been extended, and that it had received other expressions of interest from a number of parties.

Read more

FTSE 250 movers: Real estate stocks up on Tritax Eurobox M&A activity

2nd Jul 2024 15:18

(Sharecast News) - The FTSE 250 was keeping its head above water on Tuesday despite a wider sell-off across European stock markets with some big names in the real estate and investment sectors were lifted by M&A activity involving Tritax Eurobox.

Read more

Caspian Sunrise reports progress on several fronts

2nd Jul 2024 15:02

(Sharecast News) - Caspian Sunrise updated the market on its recent activities on Tuesday, including well testing results, new drilling, and preparations for the charter of the Caspian Explorer.

Read more

Broker tips: Bunzl, National Grid, Sainsbury

2nd Jul 2024 14:57

(Sharecast News) - Analysts at RBC Capital Markets hiked their target price on distribution group Bunzl from 2,600.0p to 2,700.0p on Tuesday following the company's Q2 trading update.

Read more

Director dealings: Prudential director snaps up shares

2nd Jul 2024 14:56

(Sharecast News) - Prudential revealed on Tuesday that non-executive director Jeremy Anderson had acquired 10,000 ordinary shares in the London-listed insurance company.

Read more

Tesla shares pop on better-than-expected delivery numbers

2nd Jul 2024 14:42

(Sharecast News) - Tesla shares were rising on Tuesday, after it reported a smaller-than-expected decline in vehicle deliveries for the second quarter on the back of strategic price cuts and incentives designed to boost demand.

Read more

CleanTech announces results of plant location study

2nd Jul 2024 14:42

(Sharecast News) - CleanTech Lithium announced the results of a plant location study on Tuesday, as part of the ongoing pre-feasibility study (PFS) for its Laguna Verde Project in Chile.

Read more

FTSE 100 movers: Beazley hit by Hurricane woes; 3i Group boosted by Citi note

2nd Jul 2024 14:28

(Sharecast News) - London's FTSE 100 was down 0.5% at 8,125.77 in afternoon trade on Tuesday.

Read more

US open: Stocks slightly lower as Powell speaks in Europe

2nd Jul 2024 13:40

(Sharecast News) - Wall Street stocks were mostly lower early on Tuesday as market participants digested comments from Federal Reserve chairman Jerome Powell before the European Central Banking Forum.

Read more

Kitwave hikes first-half dividend despite weaker earnings

2nd Jul 2024 12:53

(Sharecast News) - Kitwave Group reported an 8% increase in first-half revenue on Tuesday, to £297m for the six months ended 30 April, compared to £275m for the same period last year.

Read more

hVIVO secures biggest field study contract to date

2nd Jul 2024 12:46

(Sharecast News) - Specialist contract research organisation hVIVO announced its engagement in a phase 2b field study for an influenza drug candidate on Tuesday.

Read more

BofA says Airbus purchase of Spirit Aero will de-risk medium-term ramp

2nd Jul 2024 12:46

(Sharecast News) - Analysts at Bank of America kept their recommendation for shares of Airbus at a 'buy' following news that it had acquired the operations of Spirit Aero linked to its jets.

Read more