News Archive
Profits fire up at SSE, chief executive to step down
13th Nov 2024 07:01
(Sharecast News) - SSE's long-standing chief executive is to stand down, the blue chip confirmed on Wednesday, as it posted a jump in half-year earnings.
Read moreUS close: Stocks retreat from record highs as post-election rally stalls
12th Nov 2024 20:36
(Sharecast News) - US stocks snapped a five-day winning streak on Tuesday, pulling back from record levels as the post-election rally ran out of steam with bond yields at a four-month high.
Read moreLondon close: Stocks sink as UK jobless rate rises
12th Nov 2024 16:39
(Sharecast News) - London stocks fell sharply on Tuesday as investors digested recent UK employment data alongside broader market reactions to Donald Trump's US presidential victory last week.
Read moreOriole announces promising results from Mbe trenchine
12th Nov 2024 16:35
(Sharecast News) - Oriole Resources updated the market on exploration at its Mbe gold project in Cameroon on Tuesday, announcing promising results from phase two infill trenching and the planned start of a maiden drilling programme in the fourth quarter.
Read moreTime Finance reports continued positive trading progress
12th Nov 2024 16:30
(Sharecast News) - Time Finance announced continued positive trading momentum in the first five months of its 2025 financial year on Tuesday, driven by record revenues and a growing lending book.
Read moreEurope close: Stoxx 600 hits three-month low on China, US tariff fears
12th Nov 2024 15:54
(Sharecast News) - European stocks fell sharply on Tuesday to a three-month low as a gloomy German sentiment survey and ongoing concerns about US tariff concerns triggered a sell-off.
Read moreSoftBank smashes forecasts with big Q2 profit
12th Nov 2024 15:48
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit.
Read moreSoftBank smashes forecasts with big Q2 profit
12th Nov 2024 15:48
(Sharecast News) - Japanese investment giant SoftBank smashed forecasts with results for its second fiscal quarter, as big gains in its tech investments helped it swing to a massive $7.7bn net profit.
Read moreElliott takes $5bn stake in Honeywell, urges split into two businesses
12th Nov 2024 15:26
(Sharecast News) - Activist investor Elliott Investment Management called on Honeywell International to break itself up on Tuesday, as it said it had taken a $5bn stake in the company.
Read moreBroker tips: Direct Line, Morgan Advanced Materials, Melrose Industries, Pan African Resources
12th Nov 2024 14:53
(Sharecast News) - Jefferies downgraded Direct Line on Tuesday to 'hold' from 'buy' and cut its price target on the stock to 165.0p from 235.0p, stating the industry-wide turn to deflation meant that the time to raise prices ahead of inflation without materially contracting the policy count has now passed.
Read moreFTSE 100 movers: Fresnillo loses its shine; Convatec surges
12th Nov 2024 14:52
(Sharecast News) - London's FTSE 100 was down 1.1% at 8,039.06 in afternoon trade on Tuesday.
Read moreDirector dealings: Travis Perkins CEO snaps up shares
12th Nov 2024 14:42
(Sharecast News) - Travis Perkins revealed on Tuesday that chief executive Pete Redfern had acquired 249,218 ordinary shares in the FTSE 250-listed builders' merchant.
Read moreFTSE 250 movers: Drax powers ahead; 4imprint slides
12th Nov 2024 14:39
(Sharecast News) - FTSE 250 (MCX) 20,553.27 -0.82%
Read moreUS open: US stocks build on record highs
12th Nov 2024 14:24
(Sharecast News) - Wall Street trading got off to a positive start on Tuesday after closing at fresh record highs in the previous session.
Read moreSchrödinger surges on Novartis collaboration agreement
12th Nov 2024 13:40
(Sharecast News) - Schrödinger surged on Tuesday after it announced a $2.5bn research collaboration and license agreement with Novartis to advance multiple development candidates into the Swiss pharma firm's portfolio for further development.
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