News Archive

UK banking customers hit by pay day IT glitches

28th Jun 2024 11:37

(Sharecast News) - A raft of UK banking customers were hit with payment delays on Friday, after a number of high street lenders suffered IT glitches.

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Nokia buys US firm Infinera to bolster optical networks

28th Jun 2024 11:37

(Sharecast News) - Shares in California-based network connectivity solutions group Infinera were surging ahead of the opening bell on Friday after Finnish telecoms giant Nokia agreed to pay $2.3bn to take over the company in a bid to increase its scale in optical networks.

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Active Energy announces delay in 2023 accounts

28th Jun 2024 11:36

(Sharecast News) - Biomass-based renewable energy company Active Energy announced a delay in finalising its annual accounts for the 2023 financial year on Friday.

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Berenberg lifts Moonpig price target

28th Jun 2024 11:29

(Sharecast News) - Berenberg lifted its price target on Moonpig on Friday to 280p from 265p as it said the strategic initiatives implemented by management are bearing fruit.

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IWG restructures debt ahead of first-half results

28th Jun 2024 11:24

(Sharecast News) - Workspace provider International Workplace Group (IWG) announced the issue of its first euro investment-grade bond on Friday, reinforcing its capital structure ahead of its first-half results on 6 August.

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Asia report: Markets rise as Japan industrial output tops forecasts

28th Jun 2024 11:22

(Sharecast News) - Asia-Pacific markets saw significant gains on Friday, driven by strong economic data from Japan, including a better-than-expected rise in industrial production.

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London midday: FTSE maintains gains after GDP data, ahead of US inflation

28th Jun 2024 10:58

(Sharecast News) - London stocks were still in the black by midday on Friday as investors mulled better-than-expected UK GDP data and looked ahead to a key US inflation reading.

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Europe midday: Shares on the up ahead of US data

28th Jun 2024 10:57

(Sharecast News) - European shares were higher on Friday as investors digested stronger-than-expected UK GDP figures, regional inflation data and awaited US personal consumption figures later in the day.

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Devolver Digital trading in line with market expectations

28th Jun 2024 10:54

(Sharecast News) - Devolver Digital updated the market on its financial performance for 2024 on Friday.

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Tavistock Investments confirms talks with Saltus

28th Jun 2024 10:27

(Sharecast News) - AIM-listed financial services firm Tavistock Investments confirmed on Friday that it is considering a number of potential transactions, including a possible disposal of part of its business to Saltus, a financial planning and investment management services group.

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Inflation eases in Spain and Italy

28th Jun 2024 10:19

(Sharecast News) - The rate of inflation eased in two of the eurozone biggest economies in June, preliminary country data showed on Friday.

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Citi sees potential for WPP to raise shareholder value

28th Jun 2024 10:09

(Sharecast News) - Citi has reiterated its 'buy' call on advertising and media giant WPP after the company rejected a KKR bid to take control of its corporate PR firm FGS Global.

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US pre-open: Futures rise ahead of PCE, Nike shares plummet

28th Jun 2024 09:52

(Sharecast News) - Stock futures on Wall Street were showing small gains in pre-market trade with both the S&P 500 and Nasdaq expected to test their recent record highs ahead of some key inflation data to be released before the opening bell.

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HSBC UK customers unable to access online banking

28th Jun 2024 09:52

(Sharecast News) - Thousands of HSBC customers in the UK were unable to access their accounts online or via phone on Friday as the bank's system crashed.

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Fintel agrees to acquire Threesixty from Abrdn

28th Jun 2024 09:04

(Sharecast News) - Retail fintech and support service provider Fintel announced a conditional agreement to acquire Threesixty Services on Friday.

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