News Archive
US open: Stocks higher following Nasdaq's worst day since 2022
18th Jul 2024 14:53
(Sharecast News) - Major indices were in the green early on Thursday following a heavy tech selloff that saw the Nasdaq Composite deliver its worst daily performance since December 2022.
Read moreChipmaker TSMC lifts sales guidance as AI boom continues
18th Jul 2024 14:38
(Sharecast News) - Apple and Nvidia supplier TSMC lifted its sales guidance for the full year on Thursday as demand for its chips continues to be supported by the ongoing AI boom.
Read moreFTSE 100 movers: Frasers Group surges; Diploma in the red
18th Jul 2024 14:30
(Sharecast News) - London's FTSE 100 was up 0.7% at 8,242.03 in afternoon trade on Thursday.
Read moreCraneware full-year revenue set to top expectations
18th Jul 2024 14:08
(Sharecast News) - US healthcare management and support specialist Craneware reported a strong full-year sales performance in an update on Thursday, driven by ongoing investment in the Trisus platform and successful partner programmes, resulting in significant returns for its US healthcare provider customers.
Read moreMeta reportedly in talks to buy stake in Ray-Ban maker EssilorLuxottica
18th Jul 2024 14:07
(Sharecast News) - Facebook parent company Meta is reportedly in discussions to buy a 5% stake in Italian-French eyewear maker EssilorLuxottica as the social-media giant looks to deepen its ties with the company that makes its Ray-Ban Meta smart glasses.
Read moreECB keeps door open to September rate cut, but 'nothing predetermined'
18th Jul 2024 14:00
(Sharecast News) - Euro area monetary policy makers kept rates unchanged on Thursday while keeping the door open to a possible rate cut in September.
Read morePhilly Fed manufacturing grows as new orders and shipments hit two-year high
18th Jul 2024 13:40
(Sharecast News) - Manufacturing activity in Philadelphia rose to a three-month high in July, with new orders and shipments rising to their highest levels in more than two years, according to data released by the region's Federal Reserve Bank on Thursday.
Read moreMidwich revenue rises, earnings fall in first half
18th Jul 2024 13:26
(Sharecast News) - Specialist audio-visual distributor Midwich Group reported a robust first-half revenue performance on Thursday, but a fall in earnings amid challenging market conditions.
Read moreBoku reports strong first half, appoints new finance chief
18th Jul 2024 12:55
(Sharecast News) - Mobile payment solutions provider Boku reported a strong financial and operational performance for its first half on Thursday, alongside the appointment of a new chief financial officer.
Read moreSequoia Economic Infrastructure refinances revolving credit facility
18th Jul 2024 12:50
(Sharecast News) - Sequoia Economic Infrastructure Income Fund (SEQI) announced the successful refinancing of its existing multi-currency revolving credit facility (RCF) of £325m on Thursday, which was due to mature on 12 November.
Read morePharos reports first half of strong progress
18th Jul 2024 12:46
(Sharecast News) - Pharos Energy reported group revenue of $65m in a first half update on Thursday, while cash balances stood at $31m as of 30 June, compared to $32.6m at the end of 2023.
Read moreCapital Limited reports solid first-half revenue growth
18th Jul 2024 12:36
(Sharecast News) - Mining services company Capital Limited reported significant revenue growth in a first-half update on Thursday, with second quarter revenue increasing 16.6% year-on-year to $89.2m, and first-half revenue up 9.8% to $169.4m.
Read moreOctopus Renewables agrees sale of Swedish wind farm
18th Jul 2024 12:28
(Sharecast News) - Octopus Renewables Infrastructure Trust (ORIT) announced a conditional agreement on Thursday, to sell the Ljungbyholm onshore wind farm in Sweden to a German institutional investor for around €74m.
Read morePensionBee announces expansion into US market
18th Jul 2024 12:24
(Sharecast News) - PensionBee Group announced its expansion into the United States, the world's largest defined contribution pension market, on Thursday.
Read moreAldo Bisio steps down as CEO of Vodafone Italy
18th Jul 2024 12:19
(Sharecast News) - Vodafone Group announced on Thursday that Aldo Bisio would step down as chief executive officer of Vodafone Italy and as a member of the group executive committee on 15 November.
Read more