News Archive

FTSE 100 movers: DS Smith rallies as Suzano abandons pursuit of IP; GSK tumbles

27th Jun 2024 14:31

(Sharecast News) - London's FTSE 100 was down 0.2% at 8,211.88 in afternoon trade on Thursday.

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US open: Stocks inch higher as investors weigh economic data

27th Jun 2024 14:17

(Sharecast News) - US stocks inched higher on Thursday though gains were only modest as investors weighed a barrage of incoming economic data that painted a mixed picture of the American economy.

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Walgreens shares plunge as pharmacy chain slashes profit forecasts

27th Jun 2024 13:12

(Sharecast News) - Shares in Walgreens Boots Alliance plunged on Thursday morning in New York after the pharmacy retail chain lowered its full-year profit guidance which it blamed on challenging industry trends and a worse-than-expected consumer environment in the US.

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Riksbank stands pat on rates, signals up to three more cuts this year

27th Jun 2024 13:00

(Sharecast News) - Sweden's central bank held its key interest rate at 3.75% on Thursday, as widely expected, and said that monetary policy should be adjusted "gradually".

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Turkey's central bank keeps rates at 50%

27th Jun 2024 12:12

(Sharecast News) - Turkey's central bank has left a key interest rate on hold, it was confirmed on Thursday, as it focuses on cooling surging inflation.

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Harworth Group selling Leeds site to Microsoft for £106.6m

27th Jun 2024 12:01

(Sharecast News) - Harworth Group announced on Thursday that it has exchanged contracts for the conditional sale of 48 acres of land at its Skelton Grange site in Leeds for £106.6m.

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BP implements hiring freeze, refocuses on oil and gas

27th Jun 2024 11:58

(Sharecast News) - BP has implemented a hiring freeze and halted new offshore wind projects, it was reported on Thursday, as part of a strategic shift under new chief executive officer Murray Auchincloss.

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Mears Group lifts first-half profit projections

27th Jun 2024 11:46

(Sharecast News) - Mears Group announced a robust trading performance in its first half on Thursday, with profit before tax expected to exceed both the previous year's figures and the board's initial projections.

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Europe midday: EZ survey data hits Stoxx; WoS surges on results

27th Jun 2024 11:34

(Sharecast News) - European shares turned red on Thursday as investors digested weaker-than-expected eurozone economic sentiment data, while shares in Swedish fashion chain H&M slumped on poor sales figures.

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US pre-open: Stocks set to slip ahead of economic data barrage

27th Jun 2024 11:31

(Sharecast News) - Wall Street was expected to open with small losses on Thursday with investors showing caution ahead of a busy 48 hours for economic data.

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Eurozone sentiment unexpectedly softens

27th Jun 2024 11:26

(Sharecast News) - Economic sentiment across the Eurozone unexpectedly softened in June, a closely-watched survey showed on Thursday.

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US jobless claims fall for third week straight

27th Jun 2024 11:14

(Sharecast News) - Claims for unemployment benefits in the United States fell slightly last week, though continuing claims rose more than forecast, according to data from the Department of Labor released on Thursday.

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London midday: Stocks dip as investors eye key US, UK data releases

27th Jun 2024 11:03

(Sharecast News) - London stocks were a little weaker by midday on Thursday as investors eyed the release of US growth figures later in the day, and a key US inflation reading and UK GDP at the end of the week.

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Asia report: Markets slide as yen weakens further against the dollar

27th Jun 2024 11:00

(Sharecast News) - Asia-Pacific markets saw a notable decline on Thursday, influenced by the Japanese yen weakening to a near 38-year low against the dollar.

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Next 15 full-year performance likely to be second-half weighted

27th Jun 2024 11:00

(Sharecast News) - Shares in tech and data-focussed consultancy Next 15 Group were sliding on Thursday morning, after the company cautioned in a trading update that its revenue performance for the year was likely to be second-half weighted.

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